Basic Details |
Region | Pacific Region |
Capital City | Palikir |
Government Type | Federal Assembly-Independent Republic |
Official Languages | English, Chuukese, Pohnpeian |
Currency | United States dollar, USD |
Phone Code | +691 |
Important Cities | Colonia, Weno, Kolonia, Tofol |
National Day | Independence Day (Nov-03) |
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Economy |
GDP (nominal) | USD 0.458 Billion |
Ease of Doing Business Ranking | 159 |
Primary Industries | Industries,Taxation and trade. |
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Foreign Relations |
Bordering Nations | Marshall Islands, Palau, Papua New Guinea, Guam |
Member of | (Associated states of the United States), ( United Nations), () |
Major Exports | Fisheries, Sea Food & Crustaceans, Electrical Products, Other Products, Fashion and Apparel, Aviation Vehicles, Machinery & Appliances, Mining, Metals & Minerals, Animal Meat and Food Preperations, Plastics and Products, Household Items & Products, Instruments & Optical Solutions, Food & Beverages, Spirits & Vinegar, Automobiles, Vehicles & Components, Wood and Pulp, Cereals & Pulses, Rubber and Products, Cosmetics and Accessories |
Major Imports | Machinery & Appliances, Automobiles, Vehicles & Components, Electrical Products, Other Products, Animal Meat and Food Preperations, Mining, Metals & Minerals, Marine Vessels, Plastics and Products, Cereals & Pulses, Food & Beverages, Spirits & Vinegar, Wood and Pulp, Household Items & Products, Pharmaceutical Products, Instruments & Optical Solutions |
Total Exports Value | USD 0.201 Billion |
Total Imports Value | USD 0.159 Billion |
Foreign Trade Balance | USD 0.042 Billion (Excess) |
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Foreign Relations with India |
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Trade Agreements with India | Bilateral trade between India and the FSM totaled US$600,000 in 201314, rising from $180,000 the previous fiscal. India exported $570,000 worth of goods to Micronesia and imported $100,000. The main commodities exported by India to Micronesia are pharmaceuticals, apparel and clothing, and electrical machinery and equipment. The commodities imported by India from Micronesia are natural or cultured pearls, precious and semi-precious stones, imitation jewellery and coins. |
Major Exports to India | Live Animals and Animal Products, Animal Meat and Food Preperations, Fisheries, Sea Food & Crustaceans, Dairy, Eggs, Honey, & Edible Products, Plants and Flowers, Vegetables and Related Products, Fruits and Nuts, Spices, Cereals & Pulses, Edible Oils & Seeds, Food & Beverages, Spirits & Vinegar |
Major Imports from India | Pharmaceutical Products, Instruments & Optical Solutions, Plastics and Products, Electrical Products, Ceramic Products, Machinery & Appliances, Cosmetics and Accessories, Arms and Ammunitions, Household Items & Products, Chemical Products, Other Products, Silk & Textiles, Spices, Cereals & Pulses, Edible Oils & Seeds, Vegetables and Related Products |
India's Imports Value | USD 0.00 Million |
India's Exports Value | USD 0.59 Million |
Trade Balance with India | USD 0.59 Million (Deficit) |
Indian Embassy Details for Micronesia | Embassy of India
Honourable Ambassador 2190 Paraiso Street, Dasmariñas Village, P.O. Box 2123, MCPO, Makati City, Metro Manila firstsecretary@fsmembassydc.org 63-2-8430101; +63-2-8430102 https://www.eoimanila.gov.in/
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Embassy Details of Micronesia in India | |