Net trade in goods in Micronesia (country)

Micronesia (country): Net trade in goods was -66.36 million BoP, current US$ in 2014. ▲ Rising

Latest (2014)
-66.36 million BoP, current US$
Change on year
up 23.2%
World rank
69th
of 199 countries
All-time high
-66.36 million BoP, current US$
in 2014
All-time low
-115.76 million BoP, current US$
in 2011
Years of data
6
2009–2014

Net trade in goods in Micronesia (country), 2009–2014

-120.0M-110.0M-100.0M-90.0M-80.0M-70.0M2009201120142009: -108.4M BoP, current US$2010: -103.0M BoP, current US$2011: -115.8M BoP, current US$2012: -99.2M BoP, current US$2013: -86.4M BoP, current US$2014: -66.4M BoP, current US$

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.

Analysis

Micronesia (country) recorded -66.36 million BoP, current US$ for net trade in goods in 2014. That is the highest value across all 6 years on record.

Compared with earlier readings it is up 23.2% on the previous year and up 38.8% over ten years.

That places Micronesia (country) 69th out of 199 countries with data for 2014, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s -108.39 million BoP, current US$ -108.39 million BoP, current US$ -108.39 million BoP, current US$ 1
2010s -94.15 million BoP, current US$ -115.76 million BoP, current US$ -66.36 million BoP, current US$ 5

Countries ranked near Micronesia (country)

  1. 66 Central African Republic 15.31 million BoP, current US$ compare
  2. 67 Mali -11.98 million BoP, current US$ compare
  3. 68 Tuvalu -34.82 million BoP, current US$ compare
  4. 70 Nauru -67.12 million BoP, current US$ compare
  5. 71 Marshall Islands -71.59 million BoP, current US$ compare
  6. 72 Chad -76.76 million BoP, current US$ compare

See the full ranking of 200 places →

More economy & growth data for Micronesia (country)

All data for Micronesia (country) →

Frequently asked questions

What is net trade in goods in Micronesia (country)?
Net trade in goods in Micronesia (country) was -66.36 million BoP, current US$ in 2014, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest net trade in goods recorded in Micronesia (country)?
The highest recorded value was -66.36 million BoP, current US$ in 2014.
What is the lowest net trade in goods recorded in Micronesia (country)?
The lowest recorded value was -115.76 million BoP, current US$ in 2011.
How does Micronesia (country) rank for net trade in goods?
Micronesia (country) ranks 69th out of 199 countries with data for 2014.
Is net trade in goods rising or falling in Micronesia (country)?
Over the last ten years it is up 38.8%. The long-run trend across the full record is rising.
Where does this Micronesia (country) data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Net trade in goods (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,807 data points, 1960–2025
Last refreshed

The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.