Trade balance in Micronesia (subregion) in 2024 — -912,152,976 US$. Since 2002, the indicator has fallen by 19.2%.
2002–2024 · US$
How the value compares with the world and the groups this territory belongs to: Micronesia (subregion)
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | -912M | −63.18M | −7.44% |
| 2023 | -849M | +4.4B | +83.83% |
| 2022 | -5.25B | −463M | −9.66% |
| 2021 | -4.79B | −745M | −18.42% |
| 2020 | -4.04B | −1.05B | −35.09% |
| 2019 | -2.99B | −301M | −11.2% |
| 2018 | -2.69B | −397M | −17.28% |
| 2017 | -2.29B | +225M | +8.92% |
| 2016 | -2.52B | +185M | +6.85% |
| 2015 | -2.7B | +172M | +5.97% |
| 2014 | -2.88B | −85.19M | −3.05% |
| 2013 | -2.79B | −204M | −7.88% |
| 2012 | -2.59B | +33.08M | +1.26% |
| 2011 | -2.62B | −228M | −9.55% |
| 2010 | -2.39B | −108M | −4.72% |
| 2009 | -2.28B | −195M | −9.31% |
| 2008 | -2.09B | −272M | −14.97% |
| 2007 | -1.82B | −430M | −31.01% |
| 2006 | -1.39B | −281M | −25.38% |
| 2005 | -1.11B | −146M | −15.22% |
| 2004 | -960M | +2.44M | +0.25% |
| 2003 | -963M | −197M | −25.8% |
| 2002 | -765M | — | — |
The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.
Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The value of goods shipped out and of services provided to non-residents, in US dollars.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.
Trade Trade opennessExports plus imports as a percent of GDP — total foreign trade turnover.