Australia (AUS) and Marshall Islands (MHL) Trade | The Observatory of Economic Complexity

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Australia-Marshall Islands Trade: In 2022, Australia exported $3.07M to Marshall Islands. The main products that Australia exported to Marshall Islands were Planes, Helicopters, and/or Spacecraft ($799k), Other Prepared Meat ($660k), and Other Heating Machinery ($274k). Over the past 5 years the exports of Australia to Marshall Islands have increased at an annualized rate of 8.54%, from $2.04M in 2017 to $3.07M in 2022.

In 2022, Australia did not export any services to Marshall Islands.

Marshall Islands-Australia Trade: In 2022, Marshall Islands exported $40.6k to Australia. The main products that Marshall Islands exported to Australia were Valves ($20.7k), Scrap Aluminium ($6.74k), and Nitrogen Heterocyclic Compounds ($5.92k). Over the past 5 years the exports of Marshall Islands to Australia have decreased at an annualized rate of 22.7%, from $147k in 2017 to $40.6k in 2022.

In 2022, Marshall Islands did not export any services to Australia.

Comparison In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Australia exported $3.07M to Marshall Islands. The main products exported from Australia to Marshall Islands were Planes, Helicopters, and/or Spacecraft ($799k), Other Prepared Meat ($660k), and Other Heating Machinery ($274k). During the last 5 years the exports of Australia to Marshall Islands have increased at an annualized rate of 8.54%, from $2.04M in 2017 to $3.07M in 2022.

In 2017, Marshall Islands exported $40.6k to Australia. The main products exported from Marshall Islands to Australia were Valves ($20.7k), Scrap Aluminium ($6.74k), and Nitrogen Heterocyclic Compounds ($5.92k). During the last 5 years the exports of Marshall Islands to Australia have decreased at an annualized rate of 22.7%, from $147k in 2022 to $40.6k in 2017.

Exports from Australia () to Marshall Islands () (2022)

Exports from Marshall Islands () to Australia () (2022)

Latest Data

Trade between Australia () and Marshall Islands ()

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$123B

Marshall Islands
Top DestinationGermany$327M

This map shows whether countries import more from Australia or Marshall Islands. Each country is colored based on the difference in imports they receive from Australia and Marshall Islands or the difference in the growth in imports.

In 2022, countries that imported more from Australia than Marshall Islands included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Marshall Islands than Australia included Malta ($66.2M), Denmark ($159M), and Cyprus ($12.6M).

Difference in imports from Marshall Islands () and Australia () (2022)

Comparative Advantage Australia - Marshall Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Australia and Marshall Islands by product, considering products traded by both, Australia and Marshall Islands.

During 2022, Australia had a large net trade with Marshall Islands in the exports of Transportation ($806k), Foodstuffs ($750k), and Machines ($610k).

During 2017, Marshall Islands had a large net trade with Australia in the exports of Machines ($22.9k), Metals ($6.74k), and Chemical Products ($5.92k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Australia and Marshall Islands. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Marshall Islands. Similarly, a dot/product with the flag of Marshall Islands indicates it has a comparative advantage over Australia.

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Historical Data

Bilateral Trade by Products

Exports from Australia () to Marshall Islands () (2022)

Exports from Marshall Islands () to Australia () (2022)

Latest Data

Trade between Australia () and Marshall Islands ()

Australia Exports

Market Competitiveness

Difference in imports from Marshall Islands () and Australia () (2022)

Comparative Advantage Australia - Marshall Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Australia () and Marshall Islands () (2022)

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