Micronesia - Ores and metals exports (% of merchandise exports)
The value for Ores and metals exports (% of merchandise exports) in Micronesia was 0.050 as of 2013. As the graph below shows, over the past 11 years this indicator reached a maximum value of 0.104 in 2007 and a minimum value of 0.006 in 2005.
Definition: Ores and metals comprise the commodities in SITC sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals).
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 | 0.087 |
| 2003 | 0.009 |
| 2004 | 0.009 |
| 2005 | 0.006 |
| 2006 | 0.099 |
| 2007 | 0.104 |
| 2008 | 0.075 |
| 2009 | 0.070 |
| 2010 | 0.046 |
| 2011 | 0.040 |
| 2012 | 0.017 |
| 2013 | 0.050 |
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
