Micronesia

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About Micronesia

Micronesia, officially known as the Federated States of Micronesia is a country made up of islands in the Caroline Islands region of the Pacific Ocean. The country has around 2100 islands. Micronesia was part of Spanish Colonization

The Economy of the country is primary Fishing and Tourism. The country depends on aids and support from the US.

Country Facts

 

Basic Details
RegionPacific Region
Capital CityPalikir
Government TypeFederal Assembly-Independent Republic
Official LanguagesEnglish, Chuukese, Pohnpeian
CurrencyUnited States dollar, USD
Phone Code +691
Important CitiesColonia, Weno, Kolonia, Tofol
National DayIndependence Day (Nov-03)
Economy
GDP (nominal)USD 0.458 Billion
Ease of Doing Business Ranking159
Primary IndustriesIndustries,Taxation and trade.
Foreign Relations
Bordering NationsMarshall Islands, Palau, Papua New Guinea, Guam
Member of(Associated states of the United States), ( United Nations), ()
Major ExportsFisheries, 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 ImportsMachinery & 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 ValueUSD 0.201 Billion
Total Imports ValueUSD 0.159 Billion
Foreign Trade BalanceUSD 0.042 Billion (Excess)
Foreign Relations with India
Flags
Maps
Trade Agreements with IndiaBilateral trade between India and the FSM totaled US$600,000 in 2013–14, 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 IndiaLive 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 IndiaPharmaceutical 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 ValueUSD 0.00 Million
India's Exports ValueUSD 0.59 Million
Trade Balance with IndiaUSD 0.59 Million (Deficit)
Indian Embassy Details for MicronesiaEmbassy 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/


Embassy Details of Micronesia in India