info micronesia

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Micronesia

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Top Exports

As of 2022, the Federated States of Micronesia (FSM) exported approximately **\$90.5 million** worth of goods, marking a 15.4% increase from the previous year. The nation's export economy is predominantly centered around marine products, particularly fish and seafood, which constitute the vast majority of its export revenue. --- ### 🇫🇲 Top Export Products of Micronesia (2022) | Rank | Product Category | Export Value (USD) | Share of Total Exports | | | ---- | -------------------------- | ------------------ | ---------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | 1 | **Non-fillet frozen fish** | Data not specified | Majority share | | | 2 | **Other seafood products** | Data not specified | Significant share | | | 3 | **Cement articles** | \$17,400 | Minimal share | | | 4 | **Chemical products** | \$94,200 | Minimal share | | | 5 | **Other metals** | Data not specified | Minimal share | ([The Observatory of Economic Complexity][1], [TheGlobalEconomy.com][2], [The Observatory of Economic Complexity][3], [TheGlobalEconomy.com][4], [The Observatory of Economic Complexity][5], [The Observatory of Economic Complexity][6]) | *Note: Due to the limited diversification of Micronesia's export economy, detailed data on specific export values beyond the primary categories is scarce.* --- ### 🌍 Top Export Destinations Micronesia's primary export partners in 2022 were: * **Thailand**: 78.1% of total exports * **Philippines**: 12.4% * **Japan**: 4.5% * **Ecuador**: 1.9% * **United States**: 1.0%([World Integrated Trade Solution][7]) These figures underscore the country's strong trade relationships within Asia, particularly in the seafood sector. --- Given the concentration of Micronesia's exports in marine products, efforts to diversify the export portfolio could enhance economic resilience. If you require more detailed information on specific export categories or trade partners, feel free to ask! [1]: https://oec.world/en/profile/country/fsm?utm_source=chatgpt.com "Micronesia (FSM) Exports, Imports, and Trade Partners | The Observatory ..." [2]: https://www.theglobaleconomy.com/micronesia/exports_dollars/?utm_source=chatgpt.com "Micronesia: Exports, billion dollars - TheGlobalEconomy.com" [3]: https://oec.world/profile/bilateral-product/cement-articles/reporter/fsm?utm_source=chatgpt.com "Cement Articles in Micronesia - The Observatory of ..." [4]: https://www.theglobaleconomy.com/micronesia/exports/?utm_source=chatgpt.com "Micronesia: Exports, percent of GDP - theglobaleconomy.com" [5]: https://oec.world/en/profile/bilateral-product/chemical-products/reporter/fsm?utm_source=chatgpt.com "The Observatory of Economic Complexity" [6]: https://oec.world/en/profile/bilateral-product/other-metals/reporter/fsm?utm_source=chatgpt.com "Other Metals in Micronesia - The Observatory of Economic Complexity" [7]: https://wits.worldbank.org/countrysnapshot/en/FSM/textview?utm_source=chatgpt.com "Micronesia, Fed. Sts. Trade | WITS | Text"