Flag China / Marshall Islands Flag

Exports FlagFlag  (2018): $574M, Rnk 131 / 206

Top Product FlagFlag (2018): $398M, Refined Petroleum

Exports FlagFlag (2018): $33.8M, Rnk 7 / 58

Top Product FlagFlag (2018): $33.5M, Non-fillet Frozen Fish

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

GDP Flag (2018): $13.6T, CURRENT US$
Rnk 2 / 196

GDP GROWTH Flag (2008-2018): 196%, CURRENT US$
Rnk 6 / 196

GDP Flag (2018): $221M, CURRENT US$
Rnk 193 / 196

GDP GROWTH Flag (2008-2018): 44.5%, CURRENT US$
Rnk 90 / 196

GDP PC Flag (2018): $9,771, CURRENT US$
Rnk 78 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 3 / 196

GDP PC Flag (2018): $3,788, CURRENT US$
Rnk 125 / 196

GDP PC GROWTH Flag (2008-2018): 39%, CURRENT US$
Rnk 63 / 196

China-Marshall Islands: In 2018, China exported $574M to Marshall Islands. The main products exported from China to Marshall Islands were Refined Petroleum ($398M), Boat Propellers ($55.2M), and Iron Structures ($28.7M). During the last 23 years the exports of China to Marshall Islands have increased at an annualized rate of 37.5%, from $381k in 1995 to $574M in 2018.

Marshall Islands-China: In 2018, Marshall Islands exported $33.8M to China. The main products exported from Marshall Islands to China were Non-fillet Frozen Fish ($33.5M), Other Engines ($141k), and Engine Parts ($31.3k). During the last 22 years the exports of Marshall Islands to China have increased at an annualized rate of 51.7%, from $2.32k in 1996 to $33.8M in 2018.

Comparison: In 2018, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). That same year, Marshall Islands ranked 159 in total exports ($661M), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, China was ranked 78 with a GDP Per Capita of $9,771, and Marshall Islands was ranked 125 with a GDP Per Capita of $3,788.

Bilateral Trade by Products

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Depth
Value

In 2018, China exported $574M to Marshall Islands. The main products exported from China to Marshall Islands were Refined Petroleum ($398M), Boat Propellers ($55.2M), and Iron Structures ($28.7M). During the last 23 years the exports of China to Marshall Islands have increased at an annualized rate of 37.5%, from $381k in 1995 to $574M in 2018.

In 2018, Marshall Islands exported $33.8M to China. The main products exported from Marshall Islands to China were Non-fillet Frozen Fish ($33.5M), Other Engines ($141k), and Engine Parts ($31.3k). During the last 22 years the exports of Marshall Islands to China have increased at an annualized rate of 51.7%, from $2.32k in 1996 to $33.8M in 2018.

Market Competitiveness

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Measure

China
Top Destination
: United States, $499B

Marshall Islands
Top Destination
: South Korea, $148M

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

In 2018, countries that imported more from China than Marshall Islands were United States ($499B), Hong Kong ($282B), and Japan ($155B).

In 2018, no countries were registered that imported more from Marshall Islands than from China.

Comparative Advantage China - Marshall Islands

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Depth

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

During 2018, China had a large net trade with Marshall Islands in the exports of Mineral Products ($398M), Machines ($90.8M), and Metals ($35.1M).

During 2018, Marshall Islands had a large net trade with China in the exports of Animal Products ($33.5M), Machines ($217k), and Metals ($27.7k).

Trade Forecasts

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This section shows a forecast for total trade between China and Marshall Islands. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more China has comparative advantage over Marshall Islands. Similarly, the more red a dot/product is, the more Marshall Islands has comparative advantage over China.