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Micronesia, Federated States of Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

Micronesia, Federated States of's trade openness was 103.06% in 2025, ranked 70th globally. This represents a 4.7% increase from 2024. Data from World Bank, covering 1983–2025.

103.06% +4.63% (+4.7%)
Year 2025 Rank #70 Global Peak 114.77% (2013) Source World Bank

Micronesia, Federated States of Trade Openness (1983–2025)

Overview

Micronesia, Federated States of's trade openness stood at 103.06% in 2025, a rise of +4.63% from 2024. Based on recent trends, this figure is projected to reach 103.06% by 2025. Micronesia, Federated States of ranked 70th globally.

Micronesia's trade openness has exhibited significant fluctuations over the past three decades, with its all-time peak of 114.77 in 2013 followed by a steep decline to an all-time trough of 85.01 in 2020. The country's trade openness has since rebounded, reaching 103.06 in 2025, still ranking 70th globally. A comparison with peer countries suggests that Micronesia's trade openness remains relatively moderate, with Cabo Verde boasting a higher value of 105.02. The country's trade openness trajectory has been influenced by its geographic location and reliance on international trade, with the 2013 peak coinciding with increased economic activity in the Asia-Pacific region. The sharp decline in 2020 likely resulted from the COVID-19 pandemic-related disruptions. As the global economy continues to recover, a sustained increase in economic activity and trade relationships with key partners could propel Micronesia's trade openness to new heights, potentially beyond its 2013 peak.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 110.53% - -
2026* trend 106.79% - -
2025* trend 103.06% - -
2025 103.06% +4.63% #70
2024 98.42% +0.57% #101
2023 97.86% +7.22% #105
2022 90.63% +3.30% #93
2021 87.33% +2.32% #112
2020 85.01% −10.68% #124
2019 95.69% −7.89% #121
2018 103.57% +0.23% #128
2017 103.34% +0.57% #132
2016 102.77% −4.91% #131
2015 107.68% +0.04% #136
2014 107.65% −7.12% #134
2013 114.77% +1.71% #138
2012 113.06% +4.52% #134
2011 108.54% +0.50% #129
Show all years (1983-2025)
* Linear trend extrapolation

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 trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Micronesia, Federated States of's trade openness?▾

Micronesia, Federated States of's trade openness was 103.06% in 2025. Ranked 70th globally. This represents a 4.7% increase from the previous year.

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

Micronesia, Federated States of's trade openness peaked at 114.77% in 2013.

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

The lowest trade openness in Micronesia, Federated States of was 85.01% in 2020.

How does Micronesia, Federated States of rank in trade openness?▾

Micronesia, Federated States of ranks 70th globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?▾

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Micronesia, Federated States of in 2025?▾

Micronesia, Federated States of's trade openness is projected to reach 103.06% by 2025 based on trend extrapolation.

What is the trade openness of Micronesia, Federated States of in 2025?▾

The trade openness of Micronesia, Federated States of in 2025 was 103.06%. This ranks 70th in the world.

Cite this page

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