Merchandise exports to low- and middle-income economies in East Asia in Micronesia (country)
Micronesia (country): Merchandise exports to low- and middle-income economies in East Asia was 75.3% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in East Asia in Micronesia (country), 2001–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies in east asia in Micronesia (country) stood at 75.3%.
That represents a change of down 6.6% on the previous year and down 1.3% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in east asia in Micronesia (country) peaked at 91.5% in 2016 and was at its lowest, 0.0%, in 2001.
Micronesia (country) ranks 6th of 206 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in East Asia in Micronesia (country), year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2001 | 0.0% | — |
| 2002 | 0.8% | +3655.1% |
| 2003 | 0.6% | -33.9% |
| 2004 | 0.6% | +8.9% |
| 2005 | 1.5% | +155.3% |
| 2006 | 3.5% | +128.5% |
| 2007 | 0.9% | -74.5% |
| 2008 | 3.6% | +307.0% |
| 2009 | 3.5% | -3.0% |
| 2010 | 2.6% | -26.5% |
| 2011 | 2.9% | +10.3% |
| 2012 | 85.9% | +2904.3% |
| 2013 | 76.2% | -11.3% |
| 2014 | 74.9% | -1.8% |
| 2015 | 76.2% | +1.7% |
| 2016 | 91.5% | +20.2% |
| 2017 | 81.0% | -11.5% |
| 2018 | 67.2% | -17.1% |
| 2019 | 65.6% | -2.3% |
| 2020 | 78.8% | +20.1% |
| 2021 | 80.4% | +2.0% |
| 2022 | 80.6% | +0.3% |
| 2023 | 75.3% | -6.6% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 75.3% is above the median for upper middle income countries, which is 6.1%, 12.4× the median. (59 countries reporting)
- Micronesia (country)'s 75.3% is above the median for East Asia & Pacific, which is 35.9%, 2.1× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in East Asia 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 |
|---|---|---|---|
| 2002 | +3655.1% | 0.0% | 0.8% |
| 2012 | +2904.3% | 2.9% | 85.9% |
| 2008 | +307.0% | 0.9% | 3.6% |
| 2005 | +155.3% | 0.6% | 1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.7% | 0.0% | 3.6% | 9 |
| 2010s | 62.4% | 2.6% | 91.5% | 10 |
| 2020s | 78.8% | 75.3% | 80.6% | 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 low- and middle-income economies in east asia in Micronesia (country)?
- Merchandise exports to low- and middle-income economies in east asia in Micronesia (country) was 75.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in east asia recorded in Micronesia (country)?
- The highest recorded value was 91.5% in 2016.
- What is the lowest merchandise exports to low- and middle-income economies in east asia recorded in Micronesia (country)?
- The lowest recorded value was 0.0% in 2001.
- How does Micronesia (country) rank for merchandise exports to low- and middle-income economies in east asia?
- Micronesia (country) ranks 6th out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in east asia rising or falling in Micronesia (country)?
- Over the last ten years it is down 1.3%. 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 low- and middle-income economies in East Asia & Pacific (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are 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.