Merchandise exports to low- and middle-income economies outside region in Micronesia (country)
Micronesia (country): Merchandise exports to low- and middle-income economies outside region was 9.6% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies outside region in Micronesia (country), 2000–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Micronesia (country) recorded 9.6% for merchandise exports to low- and middle-income economies outside region in 2023.
Compared with earlier readings it is up 114.6% on the previous year and up 513.8% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies outside region in Micronesia (country) peaked at 17.1% in 2006 and was at its lowest, 0.0%, in 2000.
Micronesia (country) ranks 109th of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies outside region in Micronesia (country), year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2000 | 0.0% | — |
| 2001 | 0.5% | +1552.5% |
| 2002 | 0.5% | +4.1% |
| 2004 | 14.9% | +2843.3% |
| 2005 | 1.9% | -87.2% |
| 2006 | 17.1% | +792.8% |
| 2007 | 9.7% | -43.2% |
| 2008 | 2.4% | -75.7% |
| 2009 | 1.9% | -19.6% |
| 2010 | 1.0% | -47.6% |
| 2011 | 7.3% | +640.2% |
| 2012 | 3.4% | -53.2% |
| 2013 | 1.6% | -54.4% |
| 2014 | 1.9% | +19.0% |
| 2015 | 1.2% | -35.3% |
| 2016 | 0.7% | -38.8% |
| 2017 | 0.5% | -27.0% |
| 2018 | 3.2% | +501.2% |
| 2019 | 0.2% | -94.8% |
| 2020 | 4.8% | +2744.2% |
| 2021 | 1.7% | -63.7% |
| 2022 | 4.5% | +158.8% |
| 2023 | 9.6% | +114.6% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 9.6% is above the median for upper middle income countries, which is 9.6%, 1.0× the median. (59 countries reporting)
- Micronesia (country)'s 9.6% is above the median for East Asia & Pacific, which is 4.1%, 2.3× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies outside region 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 |
|---|---|---|---|
| 2004 | +2843.3% | 0.5% | 14.9% |
| 2020 | +2744.2% | 0.2% | 4.8% |
| 2001 | +1552.5% | 0.0% | 0.5% |
| 2006 | +792.8% | 1.9% | 17.1% |
| 2011 | +640.2% | 1.0% | 7.3% |
| 2018 | +501.2% | 0.5% | 3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.4% | 0.0% | 17.1% | 9 |
| 2010s | 2.1% | 0.2% | 7.3% | 10 |
| 2020s | 5.1% | 1.7% | 9.6% | 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 outside region in Micronesia (country)?
- Merchandise exports to low- and middle-income economies outside region in Micronesia (country) was 9.6% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies outside region recorded in Micronesia (country)?
- The highest recorded value was 17.1% in 2006.
- What is the lowest merchandise exports to low- and middle-income economies outside region recorded in Micronesia (country)?
- The lowest recorded value was 0.0% in 2000.
- How does Micronesia (country) rank for merchandise exports to low- and middle-income economies outside region?
- Micronesia (country) ranks 109th out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies outside region rising or falling in Micronesia (country)?
- Over the last ten years it is up 513.8%. 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 low- and middle-income economies outside region (% 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 outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.