Flag Germany / Marshall Islands Flag

Exports FlagFlag  (2018): $792M, Rnk 77 / 216

Top Product FlagFlag (2018): $707M, Passenger and Cargo Ships

Exports FlagFlag (2018): $54.7M, Rnk 4 / 58

Top Product FlagFlag (2018): $54.7M, Passenger and Cargo Ships

Economic Complexity of Flag (2018): ECI 1.9, Rnk 4 / 137

GDP Flag (2018): $3.95T, CURRENT US$
Rnk 4 / 196

GDP GROWTH Flag (2008-2018): 5.83%, CURRENT US$
Rnk 153 / 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): $47,603, CURRENT US$
Rnk 18 / 196

GDP PC GROWTH Flag (2008-2018): 4.79%, CURRENT US$
Rnk 131 / 196

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

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

Germany-Marshall Islands: In 2018, Germany exported $792M to Marshall Islands. The main products exported from Germany to Marshall Islands were Passenger and Cargo Ships ($707M), Planes, Helicopters, and/or Spacecraft ($64.8M), and Tug Boats ($20.1M). During the last 23 years the exports of Germany to Marshall Islands have increased at an annualized rate of 3.83%, from $334M in 1995 to $792M in 2018.

Marshall Islands-Germany: In 2018, Marshall Islands exported $54.7M to Germany. The main products exported from Marshall Islands to Germany were Passenger and Cargo Ships ($54.7M), Wrenches ($13.4k), and Other Floating Structures ($12.5k). During the last 23 years the exports of Marshall Islands to Germany have increased at an annualized rate of 45.4%, from $9.97k in 1995 to $54.7M in 2018.

Comparison: In 2018, Germany ranked 4 in the Economic Complexity Index (ECI 1.9), and 2 in total exports ($1.5T). 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, Germany was ranked 18 with a GDP Per Capita of $47,603, 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, Germany exported $792M to Marshall Islands. The main products exported from Germany to Marshall Islands were Passenger and Cargo Ships ($707M), Planes, Helicopters, and/or Spacecraft ($64.8M), and Tug Boats ($20.1M). During the last 23 years the exports of Germany to Marshall Islands have increased at an annualized rate of 3.83%, from $334M in 1995 to $792M in 2018.

In 2018, Marshall Islands exported $54.7M to Germany. The main products exported from Marshall Islands to Germany were Passenger and Cargo Ships ($54.7M), Wrenches ($13.4k), and Other Floating Structures ($12.5k). During the last 23 years the exports of Marshall Islands to Germany have increased at an annualized rate of 45.4%, from $9.97k in 1995 to $54.7M in 2018.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $132B

Marshall Islands
Top Destination
: South Korea, $148M

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

In 2018, countries that imported more from Germany than Marshall Islands were United States ($132B), France ($121B), and China ($109B).

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

Comparative Advantage Germany - Marshall Islands

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Depth

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

During 2018, Germany had a large net trade with Marshall Islands in the exports of Transportation ($792M), Machines ($249k), and Foodstuffs ($122k).

During 2018, Marshall Islands had a large net trade with Germany in the exports of Transportation ($54.7M), Metals ($13.4k), and Machines ($11.7k).

Trade Forecasts

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This section shows a forecast for total trade between Germany 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 Germany has comparative advantage over Marshall Islands. Similarly, the more red a dot/product is, the more Marshall Islands has comparative advantage over Germany.