US trade (export - import) with Micronesia in 2018

Published or Updated: Jun 18, 2019

The report on US foreign trade in goods with Micronesia in 2018: exports, imports, balance, product types and groups, dynamics.

US Trade with Micronesia

In 2018, US trade with Micronesia totaled $48.2 million, up 5.34% ($2.4 million) from 2017.

US exports to Micronesia in 2018 totaled $47.3 million, up 5.55% ($2.5 million) from 2017.

US imports from Micronesia in 2018 were $0.9 million, down 4.15% ($0.0 million) from 2017.

US trade surplus with Micronesia in 2018 was $46.4 million, a 5.76% increase ($2.5 million) over 2017.

Micronesia was the US 179th largest trading partner in 2018 (down from 177th in 2017), accounting for 0.0011% of US total trade (down from 0.0012% in 2017).

Micronesia was the US 168th largest export market in 2018 (down from 166th in 2017), accounting for 0.0028% of US total exports (down from 0.0029% in 2017).

Micronesia was the US 204th largest supplier in 2018 (up from 207th in 2017), accounting for 0.0000% of US total imports (just as in 2017).

US Exports to Micronesia

The major share of US exports to Micronesia in 2018 (and in 2017) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 43.41% of US total exports to Micronesia (49.55% in 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 21.24% of US total exports to Micronesia (14.33% in 2017);
  • Wood and wood products (HS codes 44-49) - 4.51% of US total exports to Micronesia (5.49% in 2017);
  • Chemical products (HS codes 28-40) - 3.84% of US total exports to Micronesia (2.92% in 2017);
  • Metals and products from them (HS codes 72-83) - 1.41% of US total exports to Micronesia (3.20% in 2017);
  • Mineral products (HS codes 25-27) - 1.34% of US total exports to Micronesia (1.52% in 2017).

The largest gains in US exports to Micronesia in 2018 over 2017 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $2,599.8 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $1,144.5 thousand;
  • Commodities not specified according to kind (HS code 99) - an increase of $908.0 thousand;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $768.8 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $511.3 thousand;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - an increase of $382.8 thousand;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $240.2 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $178.3 thousand.

The largest declines in US exports to Micronesia in 2018 over 2017 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $653.9 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $563.4 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $453.7 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $388.7 thousand;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $383.8 thousand;
  • Iron and steel (HS code 72) - a decrease of $366.6 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $307.2 thousand;
  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - a decrease of $280.1 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $260.7 thousand;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - a decrease of $222.1 thousand;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $143.1 thousand.
US exports to Micronesia in 2018 by product groups
HS
code
Name of product group Value
of exports
in 2018
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2017
(USD thousand)
Change
in 2018
over 2017
(%)
02 Meat and edible meat offal 6,499.6 13.74 6,511.4-0.18
03 Fish and crustaceans, molluscs and other aquatic invertebrates 21.9 0.05 16.433.01
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 1,202.4 2.54 819.646.71
05 Products of animal origin, not elsewhere specified or included 0.0 0.00 19.2-100.00
07 Edible vegetables and certain roots and tubers 9.2 0.02 21.5-57.40
08 Edible fruit and nuts; peel of citrus fruit or melons 452.2 0.96 447.90.96
09 Coffee, tea, maté and spices 26.3 0.06 24.47.89
10 Cereals 2,648.7 5.60 3,302.6-19.80
11 Products of the milling industry; malt; starches; inulin; wheat gluten 272.2 0.58 340.5-20.05
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 58.1 0.12 90.9-36.09
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,815.5 3.84 2,095.5-13.36
17 Sugars and sugar confectionery 0.0 0.00 4.4-100.00
18 Cocoa and cocoa preparations 11.6 0.02 16.1-27.98
19 Preparations of cereals, flour, starch or milk; bakers’ wares 692.0 1.46 556.924.26
20 Preparations of vegetables, fruit, nuts or other parts of plants 275.2 0.58 374.8-26.58
21 Miscellaneous edible preparations 2,911.9 6.16 3,055.0-4.68
22 Beverages, spirits and vinegar 2,441.2 5.16 3,004.6-18.75
23 Residues and waste from the food industries; prepared animal feed 831.7 1.76 759.39.54
24 Tobacco and manufactured tobacco substitutes 360.6 0.76 744.4-51.56
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 29.1 0.06 251.3-88.41
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 606.5 1.28 428.241.63
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 106.1 0.22 34.7205.48
29 Organic chemicals 0.0 0.00 3.2-100.00
30 Pharmaceutical products 80.1 0.17 39.6102.13
31 Fertilizers 0.0 0.00 2.7-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 421.2 0.89 449.1-6.22
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 137.8 0.29 117.017.76
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 43.5 0.09 72.9-40.40
38 Miscellaneous chemical products 6.7 0.01 78.2-91.39
39 Plastics and articles thereof 993.9 2.10 482.6105.95
40 Rubber and articles thereof 28.1 0.06 28.4-1.02
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 10.0 0.02 15.1-33.63
44 Wood and articles of wood; wood charcoal 1,121.3 2.37 1,510.0-25.74
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0.0 0.00 13.2-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 154.3 0.33 100.453.67
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 856.0 1.81 835.52.45
54 Man-made filaments 3.7 0.01 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 13.1 0.03 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 9.6-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 55.3 0.12 61.4-9.91
62 Articles of apparel and clothing accessories, not knitted or crocheted 56.7 0.12 33.369.94
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 146.5 0.31 180.0-18.64
64 Footwear, gaiters and the like; parts of such articles 30.1 0.06 9.1232.21
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 19.0-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 25.9 0.05 125.6-79.42
69 Ceramic products 24.1 0.05 29.9-19.37
70 Glass and glassware 70.0 0.15 24.5186.37
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 2.9 0.01 73.5-96.08
72 Iron and steel 0.0 0.00 366.6-100.00
73 Articles of iron or steel 372.4 0.79 826.1-54.92
74 Copper and articles thereof 2.7 0.01 0.0
76 Aluminum and articles thereof 196.0 0.41 139.140.93
79 Zinc and articles thereof 0.0 0.00 3.4-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 23.9 0.05 16.842.01
83 Miscellaneous articles of base metal 70.8 0.15 80.1-11.51
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 4,797.6 10.14 2,197.7118.30
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 2,032.8 4.30 1,792.613.40
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 9.5 0.02 9.50.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,416.1 2.99 1,676.8-15.55
88 Aircraft, spacecraft, and parts thereof 335.0 0.71 416.5-19.56
89 Ships, boats and floating structures 52.8 0.11 71.3-25.98
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,401.8 2.96 257.3444.77
91 Clocks and watches and parts thereof 0.0 0.00 3.8-100.00
92 Musical instruments; parts and accessories of such articles 3.0 0.01 0.0
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 1,188.5 2.51 419.7183.20
95 Toys, games and sports requisites; parts and accessories thereof 1,838.9 3.89 2,146.1-14.31
96 Miscellaneous manufactured articles 12.3 0.03 68.4-82.01
97 Works of art, collectors’ pieces and antiques 0.0 0.00 5.0-100.00
99 Commodities not specified according to kind 7,991.1 16.90 7,083.212.82

US Imports from Micronesia

The major share of US imports from Micronesia in 2018 (and in 2017) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 35.25% of US total imports from Micronesia (24.30% in 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 25.09% of US total imports from Micronesia (26.08% in 2017);
  • Wood and wood products (HS codes 44-49) - 14.42% of US total imports from Micronesia (12.80% in 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.25% of US total imports from Micronesia (4.19% in 2017).

The largest gains in US imports from Micronesia in 2018 over 2017 were recorded for the following product groups:

  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $69.1 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $67.2 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $33.4 thousand;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - an increase of $33.4 thousand;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $28.3 thousand;
  • Carpets and other textile floor coverings (HS code 57) - an increase of $10.9 thousand;
  • Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork (HS code 46) - an increase of $9.8 thousand.

The largest declines in US imports from Micronesia in 2018 over the 2017 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $119.9 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $81.3 thousand;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - a decrease of $39.3 thousand;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $32.0 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $4.8 thousand;
  • Coffee, tea, maté and spices (HS code 09) - a decrease of $4.4 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $3.7 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $3.1 thousand.
US imports from Micronesia in 2018 by product groups
HS
code
Name of product group Value
of imports
in 2018
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2017
USD thousand)
Change
in 2018
over 2017
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 141.2 15.29 74.090.80
05 Products of animal origin, not elsewhere specified or included 184.3 19.96 150.922.10
09 Coffee, tea, maté and spices 0.0 0.00 4.4-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 4.8-100.00
39 Plastics and articles thereof 0.0 0.00 0.5-100.00
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 133.1 14.42 123.37.96
57 Carpets and other textile floor coverings 10.9 1.18 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 32.0-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.0 0.00 0.9-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.7 0.07 4.4-84.77
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 3.1-100.00
83 Miscellaneous articles of base metal 0.0 0.00 2.2-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 33.4 3.62 0.0
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 49.1 5.32 20.8135.55
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 149.1 16.15 230.3-35.28
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 1.6 0.18 41.0-96.00
97 Works of art, collectors’ pieces and antiques 80.5 8.71 11.4607.31
99 Commodities not specified according to kind 139.4 15.10 259.3-46.24
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce