Micronesia (FSM) and Christmas Island (CXR) Trade | The Observatory of Economic Complexity

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Micronesia (FSM) and Christmas Island (CXR) Trade

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Exports $26.7kRnk 2 / 0

2022

GDP$427MCURRENT US$
Rnk 182 / 186

2012-2022

GDP GROWTH30.5%CURRENT US$
Rnk 99 / 186

2022

GDP PC $3,741CURRENT US$
Rnk 126 / 186

2012-2022

GDP PC GROWTH23.7%CURRENT US$
Rnk 74 / 186

Image 1

Image by Department of Foreign Affairs and Trade
Link: https://flic.kr/p/jW3ux2

Image 2

Image by David Stanley
Link: https://flic.kr/p/ErjT5X

Historical Data
Economic Complexity

About

In N/A, Micronesia did not export any services to Christmas Island.

Christmas Island-Micronesia In N/A, Christmas Island exported $26.7k to Micronesia. The main products that Christmas Island exported to Micronesia were N/A. During the last N/A years the exports of Christmas Island to Micronesia have remained the same at an annualized rate of 0%, from $26.7k in N/A to $26.7k in N/A.

In N/A, Christmas Island did not export any services to Micronesia.

Comparison In 2022, Micronesia ranked 191 in total exports ($183M). That same year, Christmas Island ranked 214 in total exports ($15.3M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Micronesia does not register exports to Christmas Island.

In 2004, Christmas Island exported $26.7k to Micronesia. There were not main exports from Christmas Island to Micronesia in 2004.

Exports from Micronesia () to Christmas Island () (2004)

Exports from Christmas Island () to Micronesia () (2004)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Micronesia
Top DestinationThailand$143M

Christmas Island
Top DestinationNew Zealand$3.78M

This map shows whether countries import more from Micronesia or Christmas Island. Each country is colored based on the difference in imports they receive from Micronesia and Christmas Island or the difference in the growth in imports.

In 2021, countries that imported more from Micronesia than Christmas Island were Thailand ($143M), Philippines ($22.7M), and Japan ($8.37M).

In 2021, countries that imported more from Christmas Island than Micronesia were New Zealand ($3.78M), Indonesia ($2.72M), and Singapore ($1.85M).

Difference in imports from Christmas Island () and Micronesia () (2022)

Comparative Advantage Micronesia - Christmas Island

Flow

Section

HS2

HS4

Scale

Log

Linear

This chart compares trade between Micronesia and Christmas Island by product, considering products traded by both, Micronesia and Christmas Island.

During 2004, Christmas Island had a large net trade with Micronesia in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Micronesia has comparative advantage over Christmas Island. Similarly, the more yellow a dot/product is, the more Christmas Island has comparative advantage over Micronesia.

Product Space of Micronesia () and Christmas Island () (2004)

Keep Exploring

Micronesia
China
Micronesia
Cyprus
Fiji
Christmas Island
Guam
Christmas Island

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