Micronesia, Federated States of Imports

Imports of goods and services  BM.GSR.GNFS.CD

Micronesia, Federated States of's imports was $231.3M in 2014, ranked 7th globally. This represents a 10.8% decrease from 2013. Data from World Bank, covering 2009–2014.

$231.3M −$28.0M (-10.8%)
Year 2014 Rank #7 Global Peak $264.1M (2012) Source World Bank

Micronesia, Federated States of Imports (2009–2014)

Overview

Micronesia, Federated States of's imports stood at $231.3M in 2014, a decline of +$28.0M from 2013. Micronesia, Federated States of ranked 7th globally.

Micronesia’s total imports fell from 240,065,400.00 in 2009 to a six‑year low of 231,263,800.00 in 2014, making the 2014 figure the all‑time trough after a brief peak of 264,073,400.00 in 2012. The downward swing represents a 3.6 percent decline from the 2009 level and a 12.5 percent drop from the 2012 high, positioning Micronesia at rank 7 globally for import volume in 2014. By comparison, peer island economies recorded similar magnitudes: São Tomé and Principe imported 229,197,415.47, while Tonga’s imports reached 253,348,594.68 in the same year. The contraction likely reflects limited domestic demand and constrained external financing, as the nation’s small, service‑oriented economy remains vulnerable to fluctuations in tourism and foreign aid. Continued diversification of export sectors and stronger trade agreements could reverse the downward trajectory and stabilize import levels in the coming years.

Data & projection

Year Imports YoY change Rank
2014 $231.3M −$28.0M #7
2013 $259.3M −$4.8M #7
2012 $264.1M +$10.8M #8
2011 $253.2M +$12.9M #7
2010 $240.3M +$218,900 #8
2009 $240.1M – #7

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.1% GDP growth 3.1% C/A balance 2.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Micronesia, Federated States of matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw imports improve within 24 months. View full analysis →

Frequently Asked Questions

What is Micronesia, Federated States of's imports?▾

Micronesia, Federated States of's imports was $231.3M in 2014. Ranked 7th globally. This represents a 10.8% decrease from the previous year.

What was the highest imports in Micronesia, Federated States of?▾

Micronesia, Federated States of's imports peaked at $264.1M in 2012.

What was the lowest imports in Micronesia, Federated States of?▾

The lowest imports in Micronesia, Federated States of was $231.3M in 2014.

How does Micronesia, Federated States of rank in imports?▾

Micronesia, Federated States of ranks 7th globally in imports as of 2014.

What is the World Bank indicator code for imports?▾

The World Bank indicator code is BM.GSR.GNFS.CD. Data sourced from World Bank.

What is Micronesia, Federated States of's imports in million?▾

Micronesia, Federated States of's imports was approximately 231.26 million ($231.3M) in 2014.

What is the imports of Micronesia, Federated States of in 2014?▾

The imports of Micronesia, Federated States of in 2014 was $231.3M. This ranks 7th in the world.

Cite this page

APA
Micronesia, Federated States of Imports. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/micronesia-federated-states-of/imports/
BibTeX
@misc{historysaid_micronesia-federated-states-of_imports, title = {Micronesia, Federated States of Imports}, url = {https://historysaid.com/micronesia-federated-states-of/imports/}, publisher = {HistorySaid}, year = {2026} }
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