FS Micronesia

📊 Overview

FS Micronesia stands as the world's #187 largest exporter and #211 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a robust surplus of 63.67 million, indicating strong export competitiveness.

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $26.34M, generating continuous economic activity across logistics, finance, and trade services.

🚢 Export Markets

Export concentration shows Thailand as the dominant market at 63.7%. The top three markets control 91.4% of exports.

Regional patterns reveal strong East Asian integration. Secondary markets (USA, Botswana, Fiji) provide $3.63M in additional trade.

📦 Import Sources

FS Micronesia relies heavily on USA for imports (34.9%),creating supply chain concentration risk.

Energy suppliers including United Arab Emirates (268,534) collectively provide 268.53 thousand or 0.2% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from China, Thailand, Indonesia, Malaysia, reflecting deep integration into Asian production networks. China's dominant position at 25.84 million encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The USA provides 44.03 million (34.9%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 93.9% of total imports, with the remaining 6% distributed among 10 other suppliers.

Regional sourcing patterns reveal strong ASEAN integration with 5 Southeast Asian nations providing 16.04 million (12.7%) of imports. European suppliers including Belgium (1.29M), Netherlands (276,179) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with Thailand, Indiaemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

📦 Product Composition

🚀 Export Products

FS Micronesia's export economy centers on diversified industrial production, with the leading export being frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99at $143.48 million, accounting for 75.6% of total exports.

Vehicle-related products including passenger cars, hybrid vehicles, electric vehicles, and automotive parts total approximately 128.62 thousand or 0.1% of exports, encompassing 1 distinct product categories. Electronics, semiconductors, and machinery contribute 318.91 thousand or 0.2% of exports.

The automotive sector's dominance is evident in the export portfolio, with parts and accessories, of bodies, other than safet... (128,620), for motor vehicles, of base metal (108,530). This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 1 categories specifically related to alternative propulsion systems, totaling $103,829.

Beyond automotive, FS Micronesia maintains strong positions in industrial machinery (2 categories totaling 215,079), electronic components (103,829), and Fish, Fish fillets.

The top 20 export products collectively account for 99.0% of total exports, revealing moderate concentration with room for further diversification.

🛒 Import Products

Import requirements center on of fowls of the species Gallus domesticus, cuts and offal, frozen at 5.03 million (4.0%), indicating resource dependency.

Beyond energy, critical imports include of fowls of the species Gallus domesticu... (5.03M, 4.0%), with only spark-ignition internal combus... (2.40M, 1.9%), of bovine animals, meat or meat offal, p... (2.14M, 1.7%), n.e.c. in heading no. 8708 (1.98M, 1.6%), fishing nets, made up, of man made texti... (1.94M, 1.5%).Electronic components and devices total 1.40 million (1.1% of imports), supporting domestic manufacturing and assembly operations. Pharmaceutical products represent 1.61 million (1.3%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of FS Micronesia's economy: integration into global electronics supply chains, food security dependencies, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (13 : 7among top 20 products) indicates significant value-addition activities domestically. Import substitution potential exists in agriculture and technology sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 10 primary products to 6 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

⚖️ Trade Balance Dynamics

Export-to-import ratio of 1.505 means exports cover 150.5% of import costs.

🔗 Key Relationships

The FS Micronesia-Thailand relationship leads at 125.24 million in bilateral trade.View detailed analysis →

Additional major partnerships include USA (45.43M total trade), Philippines (26.81M total trade), Japan (25.07M total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationships—302.69M across top 10 partners—provides resilience against bilateral tensions and regional disruptions.

🏆 Competitive Position

Global rankings position FS Micronesia as the #187 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.002%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of primary commodities, indicates potential for value chain upgrading. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where FS Micronesia's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly infrozen, skipjack or strip, frozen, yellowfin tunas (, frozen, tunas (of the gen. The revealed comparative advantage is strongest in product categories representing94.8% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include consistent trade surpluses supporting macroeconomic stability,diversified market access reducing concentration risk, and competitive positions in essential commodities.

Vulnerabilities include excessive reliance on single export markets. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on market diversification and value chain upgrading to enhance trade competitiveness. Opportunities exist in expanding trade with United Kingdom, Australia, Serbia, developing new product capabilities in higher technology sectors, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape FS Micronesia's trade prospects. Success requires balanced policies addressing both maintaining export competitiveness while managing currency appreciation pressures.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, FS Micronesia's position as the world's #187 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.