Micronesia - Food imports (% of merchandise imports)

The value for Food imports (% of merchandise imports) in Micronesia was 27.76 as of 2013. As the graph below shows, over the past 10 years this indicator reached a maximum value of 37.03 in 2003 and a minimum value of 27.46 in 2010.

Definition: Food comprises the commodities in SITC sections 0 (food and live animals), 1 (beverages and tobacco), and 4 (animal and vegetable oils and fats) and SITC division 22 (oil seeds, oil nuts, and oil kernels).

Source: World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.

See also:

Year Value
2003 37.03
2004 34.24
2005 32.86
2006 31.85
2007 28.95
2008 28.87
2009 30.46
2010 27.46
2011 28.33
2012 29.73
2013 27.76

Limitations and Exceptions: Previous editions contained data based on the SITC revision 1. Data for earlier years in previous editions may differ because of the change in methodology. Concordance tables are available to convert data reported in one system to another.

Statistical Concept and Methodology: The classification of commodity groups is based on the Standard International Trade Classification (SITC) revision 3.

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Merchandise import shares may not sum to 100 percent because of unclassified trade.

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports