[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · FSM · 2024
Federated State of Micronesia trade profile
In 2024, Federated State of Micronesia recorded $304.3M in merchandise exports and $170.0M in imports, producing a $134.4M trade surplus. Exports changed +73.7% from the previous year, while imports changed -5.1%.[1]
Exports
$304.3M
+73.7%
Imports
$170.0M
-5.1%
Trade balance
$134.4M
surplus
Active partners
270
10 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$296.1M
HS 03 · HS chapter
26 active HS6 lines · 14 export partners
2$2.9M
HS 85 · Electrical machinery
151 active HS6 lines · 25 export partners
3$1.0M
HS 90 · HS chapter
67 active HS6 lines · 10 export partners
4$570.4K
HS 99 · HS chapter
1 active HS6 lines · 8 export partners
5$477.4K
HS 71 · Precious metals and stones
4 active HS6 lines · 2 export partners
6$423.5K
HS 88 · HS chapter
15 active HS6 lines · 2 export partners
7$402.4K
HS 76 · HS chapter
21 active HS6 lines · 3 export partners
8$378.6K
HS 84 · Machinery
251 active HS6 lines · 23 export partners
Leading export markets
Destinations rank bilateral export flows from Federated State of Micronesia; growth describes each corridor rather than the whole economy.
1$184.7M
Thailand
Annual change +67.4% · 3-year CAGR 8.5%
2$85.5M
China
Annual change +199.2% · 3-year CAGR 75.4%
3$15.4M
Philippines
Annual change -15.5% · 3-year CAGR 30.1%
4$6.1M
Japan
Annual change -28.1% · 3-year CAGR -7.5%
5$4.1M
Ecuador
Annual change +76.7% · 3-year CAGR 4645.9%
6$2.4M
United States
Annual change +30.5% · 3-year CAGR -0.6%
7$2.4M
South Korea
Annual change +574.5% · 3-year CAGR 60.5%
8$1.1M
Fiji
Annual change +91.3% · 3-year CAGR 1364.9%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.