Micronesia - Food exports (% of merchandise exports)

The value for Food exports (% of merchandise exports) in Micronesia was 99.19 as of 2013. As the graph below shows, over the past 11 years this indicator reached a maximum value of 99.38 in 2012 and a minimum value of 74.73 in 2002.

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
2002 74.73
2003 82.41
2004 79.14
2005 99.22
2006 98.50
2007 97.77
2008 98.97
2009 99.10
2010 99.02
2011 99.25
2012 99.38
2013 99.19

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 export shares may not sum to 100 percent because of unclassified trade.

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports