Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Micronesia (subregion)

Merchandise trade (% of GDP) in Micronesia (subregion) in 2025 — 82.2%. Since 2002, the indicator has fallen by 15.84 pp.

2025 82.2% +4.69 pp vs 2024
World rank
Period maximum 103.74%2004
Period minimum 23.6%2020

Trend over time

2002–2025 · % of GDP

Merchandise trade (% of GDP) — Micronesia (subregion), 2002–20250501001502002200520082011201420172020202320252002: 98.04%2003: 101.25%2004: 103.74%2005: 100.88%2006: 89.54%2007: 75.02%2008: 58.84%2009: 53.96%2010: 57.68%2011: 27.67%2012: 25.63%2013: 25.06%2014: 31.7%2015: 25.19%2016: 25.23%2017: 24.79%2018: 28.16%2019: 28.65%2020: 23.6%2021: 27.43%2022: 31.59%2023: 84.45%2024: 77.5%2025: 82.2%
Change over the period: −15.84 pp Annual average: -0.69 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Micronesia (subregion)

Micronesia (subregion) 82.2%
World 43.89%
Merchandise trade (% of GDP) — Micronesia (subregion), by year Micronesia (subregion) All countries CSV XLSX
Year % Change, pp
2025 82.2 +4.69 pp
2024 77.5 −6.95 pp
2023 84.45 +52.86 pp
2022 31.59 +4.16 pp
2021 27.43 +3.84 pp
2020 23.6 −5.05 pp
2019 28.65 +0.49 pp
2018 28.16 +3.37 pp
2017 24.79 −0.44 pp
2016 25.23 +0.04 pp
2015 25.19 −6.51 pp
2014 31.7 +6.64 pp
2013 25.06 −0.57 pp
2012 25.63 −2.04 pp
2011 27.67 −30.01 pp
2010 57.68 +3.72 pp
2009 53.96 −4.88 pp
2008 58.84 −16.18 pp
2007 75.02 −14.52 pp
2006 89.54 −11.34 pp
2005 100.88 −2.85 pp
2004 103.74 +2.49 pp
2003 101.25 +3.21 pp
2002 98.04

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.