FS Micronesia

FS Micronesia

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FS Micronesia-USA Bilateral Trade Analysis 2023

Complete trade statistics: $45.43M total volume •FS Micronesia deficit: $42.64M

FS Micronesia → USA

$1.39M

Exports (2023)

USA → FS Micronesia

$44.03M

Imports (2023)

Trade Balance

$42.64M

Deficit for FS Micronesia

Total Trade

$45.43M

Combined Volume

Trade Flow Visualization

Direct trade relationship between FS Micronesia and USA. Green line shows exports from FS Micronesia, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the FS Micronesia-USA commercial relationship and competitive positioning in global markets.

FS Micronesia → USA Exports

$1.39M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
9.2% top product
1Vehicles: parts and accessories, of bodies, other than safety seat belts
$128,305
9.2% of exports
2Mountings, fittings and similar articles: for motor vehicles, of base metal
$108,530
7.8% of exports
3Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts
$97,732
7.0% of exports
4Basketwork, wickerwork and other articles: of vegetable materials (not bamboo or rattan), made directly to shape from plaiting materials or made up from goods of heading no. 4601: articles of loofah
$88,863
6.4% of exports
5Fish: live, ornamental, other than freshwater
$83,707
6.0% of exports

🎯 Strategic Export Focus

FS Micronesia's export portfolio to USA demonstrates strategic specialization, with vehicles: parts and accessories, of bodies, other than safety seat belts representing a key competitive advantage in this bilateral market.

USA → FS Micronesia Imports

$44.03M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
11.4% concentration
1Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen
$5.01M
11.4% of imports
2Vehicle parts and accessories: n.e.c. in heading no. 8708
$1.97M
4.5% of imports
3Food preparations: n.e.c. in item no. 2106.10
$1.74M
4.0% of imports
4Waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured
$1.42M
3.2% of imports
5Meat preparations: sausages and similar products, of meat, meat offal or blood, and food preparations based on these products
$1.27M
2.9% of imports

📦 Import Strategy Analysis

FS Micronesia's import pattern from USA reveals significant dependencyin meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

FS Micronesia demonstrates competitive strength in exportingvehicles: parts and accessories, of bodies, other than safety seat belts to USA, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $45.43M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: FS Micronesia-USA Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $45.43 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: FS Micronesia maintains a deficit of $42.64 million
  • Export Focus: FS Micronesia's primary exports include vehicles: parts and accessories, of bodies, other than safety seat belts, mountings, fittings and similar articles: for motor vehicles, of base metal, boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts
  • Import Dependencies: Key imports from USA include meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, vehicle parts and accessories: n.e.c. in heading no. 8708, food preparations: n.e.c. in item no. 2106.10

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $45.43M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with FS Micronesia leveraging its comparative advantages in vehicles: parts and accessories, of bodies, other than safety seat belts.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

FS Micronesia's specialization in vehicles: parts and accessories, of bodies, other than safety seat beltscomplements USA's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $45.43M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $45.43M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $45.43 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in vehicles: parts and accessories, of bodies, other than safety seat belts and meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

FS Micronesia's trade deficit of $42.64 million impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in mountings, fittings and similar articles: for motor vehicles, of base metal present expansion opportunities.
Market Diversification
Beyond current focus on meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in vehicles: parts and accessories, of bodies, other than safety seat belts may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between FS Micronesia and USA represents a total trade volume of $45.43 million in 2023. This partnership demonstrates an unfavorable trade balance for FS Micronesia, with imports exceeding exportsby $42.64 million.

Export Strengths

FS Micronesia's exports to USA total $1.39 million, with competitive advantages in vehicles: parts and accessories, of bodies, other than safety seat belts, representing $128,305 or9.2% of bilateral exports.

Import Dependencies

Imports from USA amount to $44.03 million, highlighting economic interdependence in meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, with Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen comprising11.4% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates FS Micronesia's strategic sourcing from USA. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between FS Micronesia and USA in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023