Merchandise imports by the reporting economy in Micronesia (country)
Micronesia (country): Merchandise imports by the reporting economy was 516.78 million current US$ in 2023. ◆ Volatile
Merchandise imports by the reporting economy in Micronesia (country), 2000–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy in Micronesia (country) stood at 516.78 million current US$. That is the highest value across all 24 years on record.
That represents a change of up 10.4% on the previous year and up 198.0% over ten years.
Over the whole period, merchandise imports by the reporting economy in Micronesia (country) peaked at 516.78 million current US$ in 2023 and was at its lowest, 1.62 million current US$, in 2001.
Micronesia (country) ranks 190th of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy in Micronesia (country), year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 1.64 million current US$ | — |
| 2001 | 1.62 million current US$ | -1.6% |
| 2002 | 7.15 million current US$ | +342.6% |
| 2003 | 103.93 million current US$ | +1353.9% |
| 2004 | 130.55 million current US$ | +25.6% |
| 2005 | 118.03 million current US$ | -9.6% |
| 2006 | 137.06 million current US$ | +16.1% |
| 2007 | 144.63 million current US$ | +5.5% |
| 2008 | 158.81 million current US$ | +9.8% |
| 2009 | 167.15 million current US$ | +5.3% |
| 2010 | 146.59 million current US$ | -12.3% |
| 2011 | 177.70 million current US$ | +21.2% |
| 2012 | 192.20 million current US$ | +8.2% |
| 2013 | 173.40 million current US$ | -9.8% |
| 2014 | 205.50 million current US$ | +18.5% |
| 2015 | 203.72 million current US$ | -0.9% |
| 2016 | 251.83 million current US$ | +23.6% |
| 2017 | 516.72 million current US$ | +105.2% |
| 2018 | 438.51 million current US$ | -15.1% |
| 2019 | 420.82 million current US$ | -4.0% |
| 2020 | 437.83 million current US$ | +4.0% |
| 2021 | 418.36 million current US$ | -4.4% |
| 2022 | 467.97 million current US$ | +11.9% |
| 2023 | 516.78 million current US$ | +10.4% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 516.78 million current US$ is below the median for upper middle income countries, which is 15.63 billion current US$, 3% of the median. (59 countries reporting)
- Micronesia (country)'s 516.78 million current US$ is below the median for East Asia & Pacific, which is 6.01 billion current US$, 9% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports by the reporting economy in Micronesia (country) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +1353.9% | 7.15 million current US$ | 103.93 million current US$ |
| 2002 | +342.6% | 1.62 million current US$ | 7.15 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 97.06 million current US$ | 1.62 million current US$ | 167.15 million current US$ | 10 |
| 2010s | 272.70 million current US$ | 146.59 million current US$ | 516.72 million current US$ | 10 |
| 2020s | 460.23 million current US$ | 418.36 million current US$ | 516.78 million current US$ | 4 |
Countries ranked near Micronesia (country)
- 187 Solomon Islands 655.24 million current US$ compare
- 188 French Polynesia 645.75 million current US$ compare
- 189 Grenada 540.49 million current US$ compare
- 191 Samoa 462.21 million current US$ compare
- 192 Saint Vincent and the Grenadines 456.04 million current US$ compare
- 193 Eritrea 436.69 million current US$ compare
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$), annual growth rate -41.08 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in Micronesia (country)?
- Merchandise imports by the reporting economy in Micronesia (country) was 516.78 million current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in Micronesia (country)?
- The highest recorded value was 516.78 million current US$ in 2023.
- What is the lowest merchandise imports by the reporting economy recorded in Micronesia (country)?
- The lowest recorded value was 1.62 million current US$ in 2001.
- How does Micronesia (country) rank for merchandise imports by the reporting economy?
- Micronesia (country) ranks 190th out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in Micronesia (country)?
- Over the last ten years it is up 198.0%. 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 imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.