US trade (export - import) with Micronesia in 2017

Published or Updated: Apr 11, 2018

The report on US foreign trade in goods with Micronesia in 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Micronesia

In 2017, US trade with Micronesia totaled $45.8 million, up 5.12% ($2.2 million) from 2016.

US exports to Micronesia in 2017 totaled $44.8 million, up 4.31% ($1.9 million) from 2016.

US imports from Micronesia in 2017 totaled $1.0 million, up 65.34% ($0.4 million) from 2016.

US trade surplus with Micronesia in 2017 was $43.9 million, a 3.47% increase ($1.5 million) over 2016.

Micronesia was the US 177th largest trading partner in 2017 (down from 175th in 2016), accounting for 0.0012% of US total trade (just as in 2016).

Micronesia was the US 166th largest export market in 2017 (down from 163rd in 2016), accounting for 0.0029% of US total exports (down from 0.0030% in 2016).

Micronesia was the US 207th largest supplier in 2017 (up from 209th in 2016), accounting for 0.0000% of US total imports (just as in 2016).

US Exports to Micronesia

The major share of US exports to Micronesia in 2017 (and in 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 49.55% of US total exports to Micronesia (43.71% in 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 14.33% of US total exports to Micronesia (20.07% in 2016);
  • Wood and wood products (HS codes 44-49) - 5.49% of US total exports to Micronesia (8.95% in 2016);
  • Metals and products from them (HS codes 72-83) - 3.20% of US total exports to Micronesia (4.85% in 2016);
  • Chemical products (HS codes 28-40) - 2.92% of US total exports to Micronesia (2.77% in 2016);
  • Mineral products (HS codes 25-27) - 1.52% of US total exports to Micronesia (1.51% in 2016).

The largest gains in US exports to Micronesia in 2017 over 2016 were recorded for the following product groups:

  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $1,856.0 thousand;
  • Meat and edible meat offal (HS code 02) - an increase of $1,586.4 thousand;
  • Commodities not specified according to kind (HS code 99) - an increase of $573.4 thousand;
  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - an increase of $461.7 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $373.2 thousand;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - an increase of $267.0 thousand;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $239.3 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $205.3 thousand;
  • Cereals (HS code 10) - an increase of $170.2 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $153.4 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $138.4 thousand.

The largest declines in US exports to Micronesia in 2017 over 2016 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) - a decrease of $2,260.0 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $814.4 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $626.8 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $230.0 thousand;
  • Iron and steel (HS code 72) - a decrease of $211.4 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 $172.5 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $140.6 thousand.
US exports to Micronesia in 2017 by product groups
HS
code
Name of product group Value
of exports
in 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2016
(USD thousand)
Change
in 2017
over 2016
(%)
02 Meat and edible meat offal 6,511.4 14.53 4,925.032.21
03 Fish and crustaceans, molluscs and other aquatic invertebrates 16.4 0.04 33.4-50.73
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 819.6 1.83 552.548.33
05 Products of animal origin, not elsewhere specified or included 19.2 0.04 0.0
07 Edible vegetables and certain roots and tubers 21.5 0.05 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 447.9 1.00 74.7499.63
09 Coffee, tea, maté and spices 24.4 0.05 8.5187.77
10 Cereals 3,302.6 7.37 3,132.45.43
11 Products of the milling industry; malt; starches; inulin; wheat gluten 340.5 0.76 313.08.78
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 90.9 0.20 92.2-1.37
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 2,095.5 4.68 1,633.928.26
17 Sugars and sugar confectionery 4.4 0.01 0.0
18 Cocoa and cocoa preparations 16.1 0.04 136.9-88.26
19 Preparations of cereals, flour, starch or milk; bakers’ wares 556.9 1.24 520.37.05
20 Preparations of vegetables, fruit, nuts or other parts of plants 374.8 0.84 169.5121.14
21 Miscellaneous edible preparations 3,055.0 6.82 3,103.1-1.55
22 Beverages, spirits and vinegar 3,004.6 6.70 2,765.38.66
23 Residues and waste from the food industries; prepared animal feed 759.3 1.69 667.813.69
24 Tobacco and manufactured tobacco substitutes 744.4 1.66 648.914.70
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 251.3 0.56 173.744.69
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 428.2 0.96 476.1-10.05
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 34.7 0.08 32.08.49
29 Organic chemicals 3.2 0.01 10.1-67.91
30 Pharmaceutical products 39.6 0.09 0.0
31 Fertilizers 2.7 0.01 2.72.35
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 449.1 1.00 517.0-13.13
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 117.0 0.26 98.019.46
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 72.9 0.16 36.699.48
38 Miscellaneous chemical products 78.2 0.17 23.8229.23
39 Plastics and articles thereof 482.6 1.08 376.228.29
40 Rubber and articles thereof 28.4 0.06 95.4-70.22
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 15.1 0.03 18.3-17.35
44 Wood and articles of wood; wood charcoal 1,510.0 3.37 2,324.5-35.04
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 13.2 0.03 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 100.4 0.22 60.166.95
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 835.5 1.86 1,462.3-42.86
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 47.1-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 9.6 0.02 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 61.4 0.14 79.4-22.67
62 Articles of apparel and clothing accessories, not knitted or crocheted 33.3 0.07 14.0137.61
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 180.0 0.40 103.174.65
64 Footwear, gaiters and the like; parts of such articles 9.1 0.02 25.3-64.18
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 19.0 0.04 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 125.6 0.28 34.7262.23
69 Ceramic products 29.9 0.07 31.5-4.98
70 Glass and glassware 24.5 0.05 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 73.5 0.16 11.8522.23
72 Iron and steel 366.6 0.82 578.0-36.57
73 Articles of iron or steel 826.1 1.84 966.7-14.54
74 Copper and articles thereof 0.0 0.00 32.8-100.00
75 Nickel and articles thereof 0.0 0.00 3.3-100.00
76 Aluminum and articles thereof 139.1 0.31 271.5-48.77
79 Zinc and articles thereof 3.4 0.01 0.0
80 Tin and articles thereof 0.0 0.00 14.7-100.00
81 Other base metals; cermets; articles thereof 0.0 0.00 3.3-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 16.8 0.04 101.3-83.41
83 Miscellaneous articles of base metal 80.1 0.18 110.0-27.24
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,197.7 4.90 2,264.7-2.96
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 1,792.6 4.00 4,052.6-55.77
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 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,676.8 3.74 1,538.48.99
88 Aircraft, spacecraft, and parts thereof 416.5 0.93 263.058.35
89 Ships, boats and floating structures 71.3 0.16 14.9378.49
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 257.3 0.57 487.3-47.20
91 Clocks and watches and parts thereof 3.8 0.01 0.0
92 Musical instruments; parts and accessories of such articles 0.0 0.00 3.0-100.00
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 419.7 0.94 592.2-29.13
95 Toys, games and sports requisites; parts and accessories thereof 2,146.1 4.79 290.2639.63
96 Miscellaneous manufactured articles 68.4 0.15 34.797.01
97 Works of art, collectors’ pieces and antiques 5.0 0.01 0.0
99 Commodities not specified according to kind 7,083.2 15.81 6,509.88.81

US Imports from Micronesia

The major share of US imports from Micronesia in 2017 (and in 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 26.08% of US total imports from Micronesia (2.75% in 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 24.30% of US total imports from Micronesia (55.79% in 2016);
  • Wood and wood products (HS codes 44-49) - 12.80% of US total imports from Micronesia (35.34% in 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 4.19% of US total imports from Micronesia (0.00% in 2016).

The largest gains in US imports from Micronesia in 2017 over 2016 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $230.3 thousand;
  • Commodities not specified according to kind (HS code 99) - an increase of $223.6 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 $41.0 thousand;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $32.0 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $11.4 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 $7.9 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $4.8 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $4.4 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $3.1 thousand.

The largest declines in US imports from Micronesia in 2017 over the 2016 were recorded for the following product groups:

  • Products of animal origin, not elsewhere specified or included (HS code 05) - a decrease of $87.4 thousand;
  • Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork (HS code 46) - a decrease of $82.6 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $8.9 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $3.1 thousand.
US imports from Micronesia in 2017 by product groups
HS
code
Name of product group Value
of imports
in 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2016
USD thousand)
Change
in 2017
over 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 74.0 7.68 82.9-10.70
05 Products of animal origin, not elsewhere specified or included 150.9 15.67 238.3-36.68
09 Coffee, tea, maté and spices 4.4 0.46 3.814.85
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 4.8 0.49 0.0
39 Plastics and articles thereof 0.5 0.05 0.0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 123.3 12.80 205.9-40.11
61 Articles of apparel and clothing accessories, knitted or crocheted 32.0 3.32 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.9 0.09 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 4.4 0.46 0.0
64 Footwear, gaiters and the like; parts of such articles 3.1 0.32 0.0
83 Miscellaneous articles of base metal 2.2 0.23 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 3.1-100.00
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 20.8 2.16 13.060.51
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 230.3 23.91 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 41.0 4.26 0.0
97 Works of art, collectors’ pieces and antiques 11.4 1.18 0.0
99 Commodities not specified according to kind 259.3 26.92 35.6627.71
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce