Micronesia: Exports, billion dollars

* indicates monthly or quarterly data series
 Micronesia

Exports of goods and services, billion USD

 Latest value 0.13
 Year 2023
 Measure billion U.S. dollars
 Data availability 1983 - 2023
 Average 0.07
 Min - Max 0.00 - 0.14
 Source The World Bank
The latest value from 2023 is 0.13 billion U.S. dollars, an increase from 0.09 billion U.S. dollars in 2022. In comparison, the world average is 179.17 billion U.S. dollars, based on data from 138 countries. Historically, the average for Micronesia from 1983 to 2023 is 0.07 billion U.S. dollars. The minimum value, 0 billion U.S. dollars, was reached in 1983 while the maximum of 0.14 billion U.S. dollars was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Micronesia - Exports, billion dollars - Recent values chart

Historical series
Micronesia - Exports, billion dollars - historical chart - 1983-2023




Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Selected articles from our guide:

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International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 97.88 2021 percent
 Trade openness 94.88 2023 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 27.35 2023 percent
 Exports, billion dollars 0.13 2023 billion U.S. dollars
 Imports, percent of GDP 67.54 2023 percent
 Imports, billion dollars 0.31 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 6.33 2014 percent
 Foreign Direct Investment, billion dollars 0.02 2014 billion U.S. dollars
 Current account, percent of GDP -23.38 2022 percent
 Current account, in dollars 0.02 2014 billion U.S. dollars
 Trade balance, percent of GDP -44.10 2022 percent
 Trade balance, in dollars -0.11 2014 billion U.S. dollars
 Reserves 0.50 2021 billion U.S. dollars
 Remittances, percent of GDP 5.07 2023 percent
 Remittances 23.34 2023 million U.S. dollars
 Net errors and omissions -5.84 2014 million USD
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