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2023
Flag → Flag
Exports $318MRnk 75 / 221
2023
Flag → Flag
Top Product $300MRefined Petroleum
2023
Flag → Flag
Exports $162kRnk 35 / 76
2023
Flag → Flag
Top Product $70.2kSodium or Potassium Peroxides
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 107 / 196
2013-2023
Flag
GDP PC GROWTH81.6%CURRENT US$
Rnk 14 / 195

About

Brazil-Marshall Islands Trade: In 2023, Brazil exported $318M to Marshall Islands. The main products that Brazil exported to Marshall Islands were Refined Petroleum ($300M), Pig Meat ($846k), and Frozen Bovine Meat ($722k). Over the past 5 years the exports of Brazil to Marshall Islands have increased at an annualized rate of 20.4%, from $126M in 2018 to $318M in 2023.

In 2023, Brazil did not export any services to Marshall Islands.

Marshall Islands-Brazil Trade: In 2023, Marshall Islands exported $162k to Brazil. The main products that Marshall Islands exported to Brazil were Sodium or Potassium Peroxides ($70.2k), Iron Fasteners ($38.1k), and Coated Flat-Rolled Iron ($37.4k). Over the past 5 years the exports of Marshall Islands to Brazil have decreased at an annualized rate of 5.42%,  from $214k in 2018 to $162k in 2023.

In 2023, Marshall Islands did not export any services to Brazil.

Comparison In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31),  and 22 in total exports ($355B). That same year, Marshall Islands ranked 164 in total exports ($917M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $23M and imported $88.6k from Marshall Islands, resulting in a positive trade balance of $22.9M. Between December 2023 and December 2024 the exports of Brazil have decreased by $-4.74M (-17.1%) from $27.7M to $23M, while imports increased by $54.1k (157%) from $34.5k to $88.6k.

Trade In December 2024, the top exports of Brazil to Marshall Islands were Refined Petroleum ($26.5M), Pig Meat ($62.7k), Frozen Bovine Meat ($62.2k), Water ($60.5k), and Poultry Meat ($52.1k). In December 2024 the top imports of Brazil from Marshall Islands were .

Origins In December 2024 the exports of Brazil were mainly from São Paulo ($10.3M), Bahia ($3.3M), Rio de Janeiro ($3.17M), Rio Grande do Sul ($2.83M), and Paraná ($2.06M), while imports destinations were mainly São Paulo ($77.5k), Bahia ($5.64k), Ceará ($5.17k), and Rio de Janeiro ($295).

Growth In December 2024, the decrease in Brazil's year-by-year exports to Marshall Islands was explained primarily by an decrease in product exports in Stranded Iron Wire ($-27.8k or -100%), Barbed Wire ($-21.6k or -98%), and Potatoes ($-9.53k or -49.9%). In December 2024, the increase in Brazil's year-by-year imports  from Marshall Islands was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-4.74M(-17.1%)
IMPORT GROWTH (December 2023 - December 2024)$54.1k(157%)
MAIN EXPORTER (December 2024)São Paulo$10.3M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Marshall Islands and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $318M to Marshall Islands. The main products exported from Brazil to Marshall Islands were Refined Petroleum ($300M), Pig Meat ($846k), and Frozen Bovine Meat ($722k). During the last 5 years the exports of Brazil to Marshall Islands have increased at an annualized rate of 20.4%, from $126M in 2018 to $318M in 2023.

In 2018, Marshall Islands exported $162k to Brazil. The main products exported from Marshall Islands to Brazil were Sodium or Potassium Peroxides ($70.2k), Iron Fasteners ($38.1k), and Coated Flat-Rolled Iron ($37.4k). During the last 5 years the exports of Marshall Islands to Brazil have decreased at an annualized rate of 5.42%, from $214k in 2023 to $162k in 2018.

Exports from Brazil (Flag) to Marshall Islands (Flag) (2023)

Exports from Marshall Islands (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Marshall Islands
Top DestinationUnited Kingdom$150M

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

In 2023, countries that imported more from Brazil than Marshall Islands included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, no countries were registered that imported more from Marshall Islands than from Brazil.

Difference in imports from Marshall Islands (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Marshall Islands

Flow
Scale

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

During 2023, Brazil had a large net trade with Marshall Islands in the exports of Mineral Products ($300M), Animal Products ($5.02M), and Foodstuffs ($4.12M).

During 2018, Marshall Islands had a large net trade with Brazil in the exports of Metals ($77.5k), Chemical Products ($70.2k), and Instruments ($11.8k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brazil and Marshall Islands. This means that a dot/product with the flag of Brazil 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 Brazil.

Product Space of Brazil (Flag) and Marshall Islands (Flag) (2023)

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