Skip to main content
HomeCountriesMicronesia, Fed. Sts. › Merchandise imports by the reporting economy (current US$)

Micronesia, Fed. Sts.: Merchandise imports by the reporting economy (current US$)

In , Micronesia, Fed. Sts.'s Merchandise imports by the reporting economy (current US$) was 516.78 million.

That's up 10.4% from 2022, the highest value on record.

The global average for this indicator in 2023 was $114.38 billion . Micronesia, Fed. Sts. ranks #189 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #28 of 36.

Source: World Bank Open Data (TM.VAL.MRCH.WL.CD) • Data as of 2023

Trend (2004–2023)

Micronesia, Fed. Sts. Merchandise imports by the reporting economy (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
516.78M
Trough
118.03M
1-year change
+10.4%
5-year change
+17.8%
+3.3% / yr
10-year change
+198.0%
+11.5% / yr

Historical Data — Last 10 Years

Year Merchandise imports by the reporting economy (current US$)
516.777M
467.974M
418.356M
437.832M
420.818M
438.507M
516.720M
251.828M
203.719M
205.499M

About Merchandise imports by the reporting economy (current US$)

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.

Indicator code: TM.VAL.MRCH.WL.CDCategory: Trade & Finance

Frequently asked questions

What was Micronesia, Fed. Sts.'s Merchandise imports by the reporting economy (current US$) in 2023?
In 2023, Micronesia, Fed. Sts.'s Merchandise imports by the reporting economy (current US$) was 516.78 million, according to World Bank Open Data.
Is Micronesia, Fed. Sts.'s Merchandise imports by the reporting economy (current US$) rising or falling?
Micronesia, Fed. Sts.'s Merchandise imports by the reporting economy (current US$) rose 10.4% from 2022 to 2023.
How does Micronesia, Fed. Sts. rank globally on Merchandise imports by the reporting economy (current US$)?
In 2023, Micronesia, Fed. Sts. ranked #189 out of 205 countries reporting Merchandise imports by the reporting economy (current US$).
How does Micronesia, Fed. Sts.'s Merchandise imports by the reporting economy (current US$) compare to the world average?
The global average for Merchandise imports by the reporting economy (current US$) in 2023 was $114.38 billion, so Micronesia, Fed. Sts. is below the world average. Within East Asia & Pacific, it ranks #28 of 36.
What is Merchandise imports by the reporting economy (current US$) and how is it measured?
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.
Download this data: CSV JSON

Source: World Bank Open Data (TM.VAL.MRCH.WL.CD), CC BY 4.0.