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

Latest (2023)
516.78 million current US$
Change on year
up 10.4%
World rank
188th
of 204 countries
All-time high
516.78 million current US$
in 2023
All-time low
1.62 million current US$
in 2001
Years of data
24
2000–2023

Merchandise imports by the reporting economy in Micronesia (country), 2000–2023

0200.0M400.0M600.0M2000201120232000: 1.6M current US$2001: 1.6M current US$2002: 7.1M current US$2003: 103.9M current US$2004: 130.6M current US$2005: 118.0M current US$2006: 137.1M current US$2007: 144.6M current US$2008: 158.8M current US$2009: 167.2M current US$2010: 146.6M current US$2011: 177.7M current US$2012: 192.2M current US$2013: 173.4M current US$2014: 205.5M current US$2015: 203.7M current US$2016: 251.8M current US$2017: 516.7M current US$2018: 438.5M current US$2019: 420.8M current US$2020: 437.8M current US$2021: 418.4M current US$2022: 468.0M current US$2023: 516.8M current US$

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 188th of 204 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest 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)

  1. 185 Solomon Islands 655.24 million current US$ compare
  2. 186 French Polynesia 645.75 million current US$ compare
  3. 187 Grenada 540.49 million current US$ compare
  4. 189 Samoa 462.21 million current US$ compare
  5. 190 Saint Vincent and the Grenadines 456.04 million current US$ compare
  6. 191 Eritrea 436.69 million current US$ compare

See the full ranking of 252 places →

More private sector data for Micronesia (country)

All data for Micronesia (country) →

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 188th out of 204 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.

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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Merchandise imports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 13,499 data points, 1960–2023
Last refreshed

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.