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2022
Flag → Flag
Exports $34.1kRnk 20 / 52
2022
Flag → Flag
Top Product $27.2kNon-Knit Women's Suits
2022
Flag → Flag
Exports $342kRnk 199 / 218
2022
Flag → Flag
Top Product $209kOther Prepared Meat
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$427MCURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP GROWTH30.5%CURRENT US$
Rnk 99 / 186
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC $3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 74 / 186
2022
Flag
GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Micronesia-Denmark Trade: In 2022, Micronesia exported $34.1k to Denmark. The main products that Micronesia exported to Denmark were Non-Knit Women's Suits ($27.2k), Office Machine Parts ($2.05k), and Non-Knit Women's Shirts ($2.05k). Over the past 10 years the exports of Micronesia to Denmark have increased at an annualized rate of 33.5%, from $1.9k in 2012 to $34.1k in 2022.

In 2022, Micronesia did not export any services to Denmark.

Denmark-Micronesia Trade: In 2022, Denmark exported $342k to Micronesia. The main products that Denmark exported to Micronesia were Other Prepared Meat ($209k), Refrigerators ($65.7k), and Beer ($42.5k). Over the past 10 years the exports of Denmark to Micronesia have increased at an annualized rate of 38.4%,  from $67.5k in 2012 to $342k in 2022.

In 2022, Denmark did not export any services to Micronesia.

Comparison In 2022,  Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index. That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Micronesia exported $34.1k to Denmark. The main products exported from Micronesia to Denmark were Non-Knit Women's Suits ($27.2k), Office Machine Parts ($2.05k), and Non-Knit Women's Shirts ($2.05k). During the last 10 years the exports of Micronesia to Denmark have increased at an annualized rate of 33.5%, from $1.9k in 2012 to $34.1k in 2022.

In 2017, Denmark exported $342k to Micronesia. The main products exported from Denmark to Micronesia were Other Prepared Meat ($209k), Refrigerators ($65.7k), and Beer ($42.5k). During the last 5 years the exports of Denmark to Micronesia have increased at an annualized rate of 38.4%, from $67.5k in 2022 to $342k in 2017.

Exports from Micronesia (Flag) to Denmark (Flag) (2022)

Exports from Denmark (Flag) to Micronesia (Flag) (2022)

Latest Data

Trade between Micronesia (Flag) and Denmark (Flag)

Denmark Exports

Market Competitiveness

Color
Micronesia
Top DestinationThailand$143M
Denmark
Top DestinationGermany$18.9B

This map shows whether countries import more from Micronesia or Denmark. Each country is colored based on the difference in imports they receive from Micronesia and Denmark or the difference in the growth in imports.

In 2022, no countries were registered that imported more from Micronesia than from Denmark.

In 2022, countries that imported more from Denmark than Micronesia included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

Difference in imports from Denmark (Flag) and Micronesia (Flag) (2022)

Comparative Advantage Micronesia - Denmark

Flow
Scale

This chart compares trade between Micronesia and Denmark by product, considering products traded by both, Micronesia and Denmark.

During 2022, Micronesia had a large net trade with Denmark in the exports of Textiles ($29.5k), Machines ($2.05k), and Paper Goods ($1.61k).

During 2017, Denmark had a large net trade with Micronesia in the exports of Foodstuffs ($252k), Machines ($90.2k), and Animal Hides ($52).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Micronesia and Denmark. This means that a dot/product with the flag of Micronesia indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Micronesia.

Product Space of Micronesia (Flag) and Denmark (Flag) (2022)

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