US trade (export - import) with Micronesia in 2013

Published or Updated: Feb 02, 2017

The report on US foreign trade in goods with Micronesia in 2013: exports, imports, balance, product types and groups, dynamics.

US Trade with Micronesia

In 2013, US trade with Micronesia was $43.4 million, down 17.48% ($9.2 million) from 2012.

US exports to Micronesia in 2013 were $41.6 million, down 19.23% ($9.9 million) from 2012.

US imports from Micronesia in 2013 totaled $1.9 million, up 60.49% ($0.7 million) from 2012.

US trade surplus with Micronesia in 2013 was $39.7 million, a 21.06% decrease ($10.6 million) over 2012.

Micronesia was the US 178th largest trading partner in 2013 (down from 177th in 2012), accounting for 0.0011% of US total trade (down from 0.0014% in 2012).

Micronesia was the US 169th largest export market in 2013 (down from 165th in 2012), accounting for 0.0026% of US total exports (down from 0.0033% in 2012).

Micronesia was the US 194th largest supplier in 2013 (up from 195th in 2012), accounting for 0.0001% of US total imports (up from 0.0000% in 2012).

US Exports to Micronesia

The major share of US exports to Micronesia in 2013 (and in 2012) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 45.44% of US total exports to Micronesia (33.32% in 2012);
  • Machinery, equipment and vehicles (HS codes 84-90) - 18.08% of US total exports to Micronesia (24.08% in 2012);
  • Wood and wood products (HS codes 44-49) - 3.87% of US total exports to Micronesia (4.06% in 2012);
  • Metals and products from them (HS codes 72-83) - 3.84% of US total exports to Micronesia (2.57% in 2012);
  • Chemical products (HS codes 28-40) - 2.98% of US total exports to Micronesia (3.78% in 2012);
  • Mineral products (HS codes 25-27) - 1.07% of US total exports to Micronesia (0.51% in 2012);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.62% of US total exports to Micronesia (1.17% in 2012).

The largest gains in US exports to Micronesia in 2013 over 2012 were recorded for the following product groups:

  • 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 $1,415.3 thousand;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $707.8 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $540.9 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $340.7 thousand;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $339.9 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $252.1 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $227.3 thousand;
  • Cereals (HS code 10) - an increase of $223.5 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $189.5 thousand;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $185.9 thousand;
  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - an increase of $164.5 thousand.

The largest declines in US exports to Micronesia in 2013 over 2012 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $5,771.4 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $3,792.1 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $1,653.6 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $758.0 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $540.3 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $529.9 thousand;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $235.5 thousand;
  • Cotton (HS code 52) - a decrease of $211.1 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $176.1 thousand;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - a decrease of $173.0 thousand;
  • Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use (HS code 59) - a decrease of $143.8 thousand.
US exports to Micronesia in 2013 by product groups
HS
code
Name of product group Value
of exports
in 2013
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2012
(USD thousand)
Change
in 2013
over 2012
(%)
02 Meat and edible meat offal 5,638.4 13.56 5,587.40.91
03 Fish and crustaceans, molluscs and other aquatic invertebrates 91.8 0.22 5.41,588.20
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 496.4 1.19 471.45.29
05 Products of animal origin, not elsewhere specified or included 0.0 0.00 9.5-100.00
07 Edible vegetables and certain roots and tubers 12.1 0.03 2.5381.83
09 Coffee, tea, maté and spices 6.6 0.02 27.9-76.44
10 Cereals 4,686.7 11.27 4,463.25.01
11 Products of the milling industry; malt; starches; inulin; wheat gluten 285.5 0.69 193.247.83
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 13.3 0.03 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 293.0 0.70 107.2173.45
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,230.9 2.96 1,066.415.42
17 Sugars and sugar confectionery 22.6 0.05 45.4-50.32
18 Cocoa and cocoa preparations 31.2 0.08 4.2638.33
19 Preparations of cereals, flour, starch or milk; bakers’ wares 617.2 1.48 365.169.06
20 Preparations of vegetables, fruit, nuts or other parts of plants 114.9 0.28 93.722.58
21 Miscellaneous edible preparations 1,508.4 3.63 1,743.9-13.50
22 Beverages, spirits and vinegar 2,450.0 5.89 1,742.240.63
23 Residues and waste from the food industries; prepared animal feed 658.9 1.58 831.8-20.79
24 Tobacco and manufactured tobacco substitutes 738.3 1.78 398.485.30
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 3.1 0.01 11.8-73.79
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 441.8 1.06 252.375.11
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 37.9 0.09 79.0-52.05
29 Organic chemicals 4.4 0.01 31.4-86.00
30 Pharmaceutical products 34.2 0.08 143.5-76.15
31 Fertilizers 7.4 0.02 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 394.8 0.95 482.3-18.14
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 47.2 0.11 83.7-43.57
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 295.3 0.71 291.31.36
35 Albuminoidal substances; modified starches; glues; enzymes 32.6 0.08 0.0
37 Photographic or cinematographic goods 0.0 0.00 7.8-100.00
38 Miscellaneous chemical products 2.8 0.01 4.4-35.74
39 Plastics and articles thereof 262.0 0.63 802.3-67.34
40 Rubber and articles thereof 118.9 0.29 20.4481.83
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 7.0 0.02 52.6-86.66
44 Wood and articles of wood; wood charcoal 1,304.2 3.14 1,076.921.11
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0.0 0.00 3.6-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 246.2 0.59 422.3-41.70
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 60.5 0.15 590.4-89.76
52 Cotton 0.0 0.00 211.1-100.00
54 Man-made filaments 36.6 0.09 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 48.0-100.00
57 Carpets and other textile floor coverings 2.8 0.01 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 4.2 0.01 148.0-97.13
60 Knitted or crocheted fabrics 0.0 0.00 4.4-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 15.8 0.04 39.3-59.83
62 Articles of apparel and clothing accessories, not knitted or crocheted 21.5 0.05 41.2-47.83
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 163.6 0.39 97.368.09
64 Footwear, gaiters and the like; parts of such articles 4.6 0.01 10.8-57.39
65 Headgear and parts thereof 7.0 0.02 0.0
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 2.6 0.01 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 41.3 0.10 117.7-64.91
69 Ceramic products 203.3 0.49 82.4146.84
70 Glass and glassware 29.7 0.07 123.2-75.89
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 0.0 0.00 119.5-100.00
72 Iron and steel 39.7 0.10 133.9-70.34
73 Articles of iron or steel 900.4 2.17 359.6150.42
74 Copper and articles thereof 44.9 0.11 4.11,007.35
75 Nickel and articles thereof 0.0 0.00 4.6-100.00
76 Aluminum and articles thereof 427.3 1.03 486.1-12.09
78 Lead and articles thereof 0.0 0.00 103.1-100.00
80 Tin and articles thereof 67.0 0.16 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 24.9 0.06 26.9-7.21
83 Miscellaneous articles of base metal 91.2 0.22 206.8-55.91
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,573.3 6.19 2,232.615.26
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 3,025.0 7.27 1,609.787.92
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 656.3 1.58 1,414.3-53.59
88 Aircraft, spacecraft, and parts thereof 287.3 0.69 6,058.6-95.26
89 Ships, boats and floating structures 37.4 0.09 94.0-60.17
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 940.6 2.26 988.0-4.80
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 610.0 1.47 614.3-0.70
95 Toys, games and sports requisites; parts and accessories thereof 3,046.6 7.33 6,838.7-55.45
96 Miscellaneous manufactured articles 40.4 0.10 58.7-31.22
99 Commodities not specified according to kind 6,046.4 14.54 7,700.1-21.48

US Imports from Micronesia

The major share of US imports from Micronesia in 2013 (and in 2012) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 35.05% of US total imports from Micronesia (42.89% in 2012);
  • Wood and wood products (HS codes 44-49) - 10.16% of US total imports from Micronesia (23.65% in 2012);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.80% of US total imports from Micronesia (4.39% in 2012);
  • Chemical products (HS codes 28-40) - 1.54% of US total imports from Micronesia (0.42% in 2012).

The largest gains in US imports from Micronesia in 2013 over 2012 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $601.5 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $194.4 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 $35.5 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $17.8 thousand;
  • 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 (HS code 34) - an increase of $9.9 thousand.

The largest declines in US imports from Micronesia in 2013 over the 2012 were recorded for the following product groups:

  • Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork (HS code 46) - a decrease of $84.8 thousand;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - a decrease of $40.0 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $20.1 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $7.8 thousand.
US imports from Micronesia in 2013 by product groups
HS
code
Name of product group Value
of imports
in 2013
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2012
USD thousand)
Change
in 2013
over 2012
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 583.6 31.46 389.249.94
05 Products of animal origin, not elsewhere specified or included 66.5 3.58 106.4-37.55
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 3.0-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 17.8 0.96 0.0
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 9.9 0.53 0.0
39 Plastics and articles thereof 0.0 0.00 4.9-100.00
40 Rubber and articles thereof 0.9 0.05 0.0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 188.5 10.16 273.3-31.03
62 Articles of apparel and clothing accessories, not knitted or crocheted 3.4 0.18 11.2-69.62
74 Copper and articles thereof 0.0 0.00 4.6-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 4.4 0.24 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 40.0 2.16 4.5782.30
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 26.1 1.40 46.2-43.60
99 Commodities not specified according to kind 913.9 49.27 312.4192.54
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce