Merchandise exports to high-income economies in Micronesia (country)
Micronesia (country): Merchandise exports to high-income economies was 15.1% in 2023. ◆ Volatile
Merchandise exports to high-income economies in Micronesia (country), 2000–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to high-income economies in Micronesia (country) is 15.1%, measured in 2023.
Compared with earlier readings it is up 1.3% on the previous year and down 31.8% over ten years.
Over the whole period, merchandise exports to high-income economies in Micronesia (country) peaked at 100.0% in 2000 and was at its lowest, 7.7%, in 2016.
Micronesia (country) ranks 192nd of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to high-income economies in Micronesia (country), year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2000 | 100.0% | — |
| 2001 | 99.5% | -0.5% |
| 2002 | 98.7% | -0.8% |
| 2003 | 99.4% | +0.8% |
| 2004 | 84.5% | -15.0% |
| 2005 | 96.6% | +14.3% |
| 2006 | 79.4% | -17.7% |
| 2007 | 89.4% | +12.6% |
| 2008 | 94.0% | +5.1% |
| 2009 | 94.6% | +0.6% |
| 2010 | 96.4% | +1.9% |
| 2011 | 89.8% | -6.9% |
| 2012 | 10.6% | -88.2% |
| 2013 | 22.2% | +108.6% |
| 2014 | 23.2% | +4.7% |
| 2015 | 22.6% | -2.6% |
| 2016 | 7.7% | -65.8% |
| 2017 | 18.5% | +138.9% |
| 2018 | 29.6% | +60.2% |
| 2019 | 34.2% | +15.6% |
| 2020 | 16.4% | -52.0% |
| 2021 | 17.9% | +8.9% |
| 2022 | 14.9% | -16.5% |
| 2023 | 15.1% | +1.3% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 15.1% is below the median for upper middle income countries, which is 65.7%, 23% of the median. (59 countries reporting)
- Micronesia (country)'s 15.1% is below the median for East Asia & Pacific, which is 59.1%, 26% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to high-income economies in Micronesia (country) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +138.9% | 7.7% | 18.5% |
| 2013 | +108.6% | 10.6% | 22.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 93.6% | 79.4% | 100.0% | 10 |
| 2010s | 35.5% | 7.7% | 96.4% | 10 |
| 2020s | 16.1% | 14.9% | 17.9% | 4 |
Countries ranked near Micronesia (country)
More private sector data for Micronesia (country)
- Merchandise trade 83.5% (2025)
- Food imports 27.8% (2013)
- Manufactures imports 36.1% (2013)
- Merchandise imports 310.00 million current US$ (2025)
- Food exports 99.2% (2013)
- Manufactures exports 0.5% (2013)
- Merchandise exports 109.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 958.81 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2172 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -41.08 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in Micronesia (country)?
- Merchandise exports to high-income economies in Micronesia (country) was 15.1% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Micronesia (country)?
- The highest recorded value was 100.0% in 2000.
- What is the lowest merchandise exports to high-income economies recorded in Micronesia (country)?
- The lowest recorded value was 7.7% in 2016.
- How does Micronesia (country) rank for merchandise exports to high-income economies?
- Micronesia (country) ranks 192nd out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Micronesia (country)?
- Over the last ten years it is down 31.8%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.