Micronesia, Fed. Sts.'s merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 0.000533% in 2023, the latest year in the World Bank's World Development Indicators. That is down 0.12 percentage points from 0.12% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 0.000533% | 2023 |
| Five years earlier | 0.04% | 2018 |
| Ten years earlier | 0.12% | 2013 |
| Highest | 0.52% | 2011 |
| Lowest | 0.0000815% | 2021 |
| Average since 2014 | 0.02% | 2014–2023 |
| First recorded | 0.00941% | 2008 |
How it compares
In 2023, Micronesia, Fed. Sts. had the 196th highest value of the 197 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Micronesia, Fed. Sts. | 0.000533% | 2023 |
| World | 3.43% | 2023 |
| East Asia & Pacific | 4.45% | 2023 |
| Upper middle income | 4.43% | 2023 |
Closest to Micronesia, Fed. Sts. in the 2023 ranking
- Bahamas, The — 192nd of 197: 0.01%
- Faroe Islands — 193rd of 197: 0.00184%
- Nicaragua — 194th of 197: 0.000697%
- Niger — 196th of 197: 0.000149%
- Grenada — 197th of 197: 0.000136%
What this measures
Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia 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.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 12 values
| Year | Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) |
|---|---|
| 2023 | 0.0005 |
| 2022 | no data |
| 2021 | 0.0001 |
| 2020 | 0.0015 |
| 2019 | no data |
| 2018 | 0.037 |
| 2017 | no data |
| 2016 | 0.0203 |
| 2015 | 0.0047 |
| 2014 | 0.0636 |
Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in nearby economies
- American Samoa — 0.83% (2023)
- Australia — 5.18% (2023)
- Brunei Darussalam — 1.62% (2023)
- Cambodia — 1.33% (2023)
- China — 4.89% (2023)
- Fiji — 0.11% (2023)
- French Polynesia — 0.05% (2022)
More private sector & trade data for Micronesia, Fed. Sts.
- Merchandise trade (% of GDP) — 83.5% (2025)
- Merchandise imports (current US$) — US$310 million (2025)
- Merchandise exports (current US$) — US$109 million (2025)
- Import unit value index (2015 = 100) — 131.9 (2025)
- Export unit value index (2015 = 100) — 141.1 (2025)
- Merchandise imports from high-income economies (% of total merchandise imports) — 86.49% (2023)
- Merchandise imports by the reporting economy, residual (% of total merchandise imports) — 0.0000000000000115% (2023)
- Merchandise imports by the reporting economy (current US$) — US$516.78 million (2023)
Reading data like this
Questions people ask
- What is Micronesia, Fed. Sts.'s merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?
- 0.000533% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2008?
- It is down 0.00888 percentage points from 0.00941% in 2008. The highest value was 0.52% in 2011 and the lowest 0.0000815% in 2021.
- How does Micronesia, Fed. Sts. rank?
- 196th highest of 197 economies with data for 2023.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF).
Source
World Bank, World Development Indicators, indicator TX.VAL.MRCH.R5.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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