Ores and metals exports (% of merchandise exports) in Micronesia in 2013 — 0.05%. Ranked 161 in the world out of 168. Since 2002, the indicator has fallen by 0.04 pp.
2002–2013 · % of merchandise exports
How the value compares with the world and the groups this territory belongs to: Micronesia
| Year | % | Change, pp |
|---|---|---|
| 2013 | 0.05 | +0.03 pp |
| 2012 | 0.02 | −0.02 pp |
| 2011 | 0.04 | −0.01 pp |
| 2010 | 0.05 | −0.02 pp |
| 2009 | 0.07 | −0 pp |
| 2008 | 0.07 | −0.03 pp |
| 2007 | 0.1 | +0 pp |
| 2006 | 0.1 | +0.09 pp |
| 2005 | 0.01 | −0 pp |
| 2004 | 0.01 | −0 pp |
| 2003 | 0.01 | −0.08 pp |
| 2002 | 0.09 | — |
The share of ores, concentrates, non-ferrous and ferrous metals in merchandise exports. This is the second measure of commodity dependence after fuel, and the difference between them is meaningful: fuel is burned while metal stays in circulation, so a metallurgical specialization is more robust than an oil one to the shift to renewable energy — and demand for copper, lithium and nickel is exactly what that shift raises.
Important: Ores and metals together, with no split between raw material and processing: a country exporting concentrate and a country exporting rolled steel look the same by this indicator.
Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.
