Merchandise exports to low- and middle-income economies in Latin in Micronesia, Federated States of
Micronesia, Federated States of: Merchandise exports to low- and middle-income economies in Latin was 4.5% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Latin in Micronesia, Federated States of, 2001–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies in latin in Micronesia, Federated States of is 4.5%, measured in 2023.
The figure is down 0.2% on the previous year and up 540.0% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Micronesia, Federated States of peaked at 17.1% in 2006 and was at its lowest, 0.1%, in 2001.
Micronesia, Federated States of ranks 36th of 203 countries on this measure, in the top quarter.
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 Latin in Micronesia, Federated States of, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2001 | 0.1% | — |
| 2002 | 0.1% | +46.9% |
| 2004 | 14.9% | +15864.0% |
| 2005 | 0.9% | -93.9% |
| 2006 | 17.1% | +1781.3% |
| 2007 | 9.6% | -43.6% |
| 2008 | 1.8% | -81.2% |
| 2009 | 1.7% | -5.5% |
| 2010 | 1.0% | -42.7% |
| 2011 | 6.8% | +596.1% |
| 2012 | 3.4% | -49.8% |
| 2013 | 0.7% | -79.6% |
| 2014 | 1.7% | +149.0% |
| 2015 | 1.1% | -34.3% |
| 2016 | 0.6% | -44.1% |
| 2017 | 0.5% | -17.8% |
| 2018 | 3.2% | +510.7% |
| 2019 | 0.1% | -95.4% |
| 2020 | 0.1% | -24.9% |
| 2021 | 1.7% | +1434.6% |
| 2022 | 4.5% | +163.5% |
| 2023 | 4.5% | -0.2% |
Micronesia, Federated States of compared with similar countries
- Micronesia, Federated States of's 4.5% is above the median for upper middle income countries, which is 1.9%, 2.3× the median. (58 countries reporting)
- Micronesia, Federated States of's 4.5% is above the median for East Asia & Pacific, which is 0.9%, 4.9× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in Latin in Micronesia, Federated States of 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 |
|---|---|---|---|
| 2004 | +15864.0% | 0.1% | 14.9% |
| 2006 | +1781.3% | 0.9% | 17.1% |
| 2021 | +1434.6% | 0.1% | 1.7% |
| 2011 | +596.1% | 1.0% | 6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.8% | 0.1% | 17.1% | 8 |
| 2010s | 1.9% | 0.1% | 6.8% | 10 |
| 2020s | 2.7% | 0.1% | 4.5% | 4 |
Countries ranked near Micronesia, Federated States of
More private sector data for Micronesia, Federated States of
- 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 latin in Micronesia, Federated States of?
- Merchandise exports to low- and middle-income economies in latin in Micronesia, Federated States of was 4.5% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Micronesia, Federated States of?
- The highest recorded value was 17.1% in 2006.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Micronesia, Federated States of?
- The lowest recorded value was 0.1% in 2001.
- How does Micronesia, Federated States of rank for merchandise exports to low- and middle-income economies in latin?
- Micronesia, Federated States of ranks 36th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 540.0%. The long-run trend across the full record is volatile.
- Where does this Micronesia, Federated States of 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 Latin America & the Caribbean (% 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 low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.