Country import demand

Federated State of Micronesia
import demand

A reported view of Federated State of Micronesia's import scale, sector demand, supplier breadth, economy, and trade history.

FSM1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$170.0M2024 reported
Import growth-5.1%Year on year
Population113.2KReported population
GDP per capita$4.2KCurrent-dollar GDP
Trade openness0%Exports + imports / GDP

The country import read

What does Federated State of Micronesia import?

In 2024, Federated State of Micronesia recorded $170.0M in reported imports. Imports changed -5.1% year on year and +9.9% annualized over three years. Fish and crustaceans was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$168.5M
2014
$185.1M
2015
$204.4M
2016
$221.1M
2017
$239.3M
2018
$182.1M
2019
$105.3M
2020
$137.0M
2021
$128.0M
2022
$158.9M
2023
$179.2M
2024
$170.0M

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$471.4M2024 macro context
GDP growth3.7%Five-year CAGR
Population growth0.5%Five-year CAGR
Investment rate0%National rate
Savings rate0%National rate
Trade openness0%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Federated State of Micronesia
RankSectorImportsShareImport partnersActive HS6
1Fish and crustaceansHS2 03$1.5M0.9%626
2Electrical machineryHS2 85$12.3M7.2%23151
3Optical and medical instrumentsHS2 90$2.7M1.6%2167
4HS2 sector 99HS2 99$8.3M4.9%101
5Precious stones and metalsHS2 71$13.8K0%24
6AircraftHS2 88$2.7M1.6%415
7AluminiumHS2 76$1.5M0.9%921
8MachineryHS2 84$15.5M9.1%26251
9Non-knitted clothingHS2 62$437.3K0.3%1160
10Animal origin productsHS2 05$13.2K0%34

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration4,505.9Partner HHI
Top 3 partner share93.8%Reported concentration
FTA partner markets10Reported count
Average distance11,668 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3FSM
Exports Usd$304.3M
Imports Usd$170.0M
Trade Balance Usd$134.4M
Yoy Exports Growth Pct73.7%
Yoy Imports Growth Pct-5.1%
Exports Cagr 3y Pct18.9%
Imports Cagr 3y Pct9.9%
Export Partner Hhi4,505.9
Export Product Hhi7,453.9
Momentum Score57.3
Risk Score59.8
Gdp Million Usd471.4 million USD
Gdp Per Capita Usd$4.2K
Population113,160
Labor ForceNot reported
Investment Rate PctNot reported
Savings Rate PctNot reported
Secondary Education PctNot reported
Tertiary Education PctNot reported
Total Factor ProductivityNot reported
Trade Openness PctNot reported
Exports Gdp PctNot reported
Num Active Partners270
Num Fta Partners10
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners0%
Num Shared Language Partners77%
Avg Partner Distance Km11,668 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta4
Pct Partners Shared Language28.5%
Pct Partners Shared Border0%
Avg Applied Tariff PctNot reported
Avg Mfn Tariff PctNot reported
Avg Preferential Tariff PctNot reported
Tariff Advantage PpNot reported
Avg Distance All Partners Km11,763 km
Num Border Partners0
Num Colonial Partners120
Avg Substitution Elasticity-7.6
Pct Products High Elasticity54.8
Pct Products Low Elasticity3.5
Real Market PotentialNot reported
Foreign Market PotentialNot reported

Supplier context

Country Iso3FSM
All History Lane Count150
Current Lane Count22
Critical Lane Count0
High Attention Lane Count5
High Volatility Lane Count7
Unrecovered Drawdown Lane Count7
Declining Demand Lane Count1
Concentrated Market Lane Count5
Access Friction Lane Count9
Buyer Macro Weakness Lane Count6
Monitored Exports Current Usd$298.0M
Attention Exports Usd$93.0M
Critical Exports Usd$0.0
High Volatility Exports Usd$106.1M
Unrecovered Drawdown Exports Usd$9.8M
Non Fta Exports Usd$298.0M
Monitored Attention Share Pct31.2%
Monitored Critical Share Pct0%
Fta Covered Exports Share Pct0%
Export Weighted Volatility Cv1.1
Export Weighted Below Peak Pct5%
Export Weighted Distance Km6,061 km
Export Weighted Tariff PctNot reported
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$304.3M
Total Imports Latest Usd$170.0M
Trade Balance Latest Usd$134.4M
Exports Yoy Latest Pct73.7%
Exports Cagr 3y Latest Pct18.9%
Gdp Latest Million Usd471.4 million USD
Gdp Per Capita Latest Usd$4.2K
Population Latest113,160
Investment Rate Latest PctNot reported
Savings Rate Latest PctNot reported
Trade Openness Latest PctNot reported
Exports Gdp Latest PctNot reported
Active Partners Latest270
Fta Partners Latest10
Foreign Market Potential LatestNot reported
Gdp 5y Cagr Pct3.7%
Gdp Per Capita 5y Cagr Pct3.1%
Population 5y Cagr Pct0.5%
Partner Hhi Latest4,505.9
Partner Top1 Share Latest Pct60.7%
Partner Top3 Share Latest Pct93.8%
Partner Hhi All Avg3,889.8
Partner Hhi All Max6,489.5
Product Hhi Latest7,453.9
Product Top1 Share Latest Pct85.9%
Product Top3 Share Latest Pct95.8%
Product Hhi All Avg3,599.6
Product Hhi All Max7,453.9
Total Exports Attention Share Pct30.5%
Total Exports Critical Share Pct0%
Attention LevelWatch
Primary Risk DriverMarket access exposure
Macro Resilience LabelMacro trend resilient

Annual import history

YearImportsExportsBalanceImports YoY
1995$53.6M$113.1M$59.5M+0%
1996$33.1M$52.0M$18.9M-38.3%
1997$92.5M$37.4M-$55.0M+179.6%
1998$85.6M$38.3M-$47.3M-7.4%
1999$78.7M$49.9M-$28.8M-8%
2000$97.7M$62.7M-$35.1M+24.2%
2001$102.6M$91.7M-$10.9M+5%
2002$99.2M$70.6M-$28.5M-3.4%
2003$84.7M$82.7M-$2.0M-14.6%
2004$104.9M$68.9M-$36.0M+23.8%
2005$92.8M$50.6M-$42.2M-11.5%
2006$103.6M$36.6M-$67.0M+11.6%
2007$117.0M$27.3M-$89.7M+12.9%
2008$139.0M$32.1M-$106.9M+18.8%
2009$165.4M$55.8M-$109.6M+19%
2010$133.8M$64.3M-$69.5M-19.1%
2011$153.9M$54.5M-$99.4M+15.1%
2012$191.7M$83.7M-$108.0M+24.6%
2013$168.5M$42.7M-$125.8M-12.1%
2014$185.1M$33.2M-$151.9M+9.8%
2015$204.4M$22.3M-$182.2M+10.4%
2016$221.1M$57.6M-$163.5M+8.2%
2017$239.3M$89.1M-$150.2M+8.2%
2018$182.1M$116.4M-$65.7M-23.9%
2019$105.3M$155.9M$50.6M-42.2%
2020$137.0M$139.0M$2.0M+30.2%
2021$128.0M$181.2M$53.2M-6.6%
2022$158.9M$192.7M$33.8M+24.2%
2023$179.2M$175.2M-$3.9M+12.7%
2024$170.0M$304.3M$134.4M-5.1%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
103Fish and crustaceans$1.5M0.9%626
285Electrical machinery$12.3M7.2%23151
390Optical and medical instruments$2.7M1.6%2167
499HS2 sector 99$8.3M4.9%101
571Precious stones and metals$13.8K0%24
688Aircraft$2.7M1.6%415
776Aluminium$1.5M0.9%921
884Machinery$15.5M9.1%26251
962Non-knitted clothing$437.3K0.3%1160
1005Animal origin products$13.2K0%34

Questions about this profile

Federated State of Micronesia import demand, in context

Short answers for import and supplier research.

What does the Federated State of Micronesia import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Federated State of Micronesia.

What is the latest reported import value for Federated State of Micronesia?

Federated State of Micronesia recorded $170.0M in reported imports in 2024.

Which sectors lead Federated State of Micronesia's imports?

Fish and crustaceans leads by reported import value at $1.5M.

How many years of Federated State of Micronesia import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

Continue your research

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Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.