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2022
Flag → Flag
Exports $271MRnk 102 / 223
2022
Flag → Flag
Top Product $270MPassenger and Cargo Ships
2022
Flag → Flag
Exports $327MRnk 1 / 80
2022
Flag → Flag
Top Product $326MPassenger and Cargo Ships
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

Germany-Marshall Islands Trade: In 2022, Germany exported $271M to Marshall Islands. The main products that Germany exported to Marshall Islands were Passenger and Cargo Ships ($270M), Non-Iron and Steel Slag, Ash and Residues ($416k), and Processed Fish ($177k). Over the past 5 years the exports of Germany to Marshall Islands have decreased at an annualized rate of 9.52%, from $447M in 2017 to $271M in 2022.

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

Marshall Islands-Germany Trade: In 2022, Marshall Islands exported $327M to Germany. The main products that Marshall Islands exported to Germany were Passenger and Cargo Ships ($326M), Recreational Boats ($632k), and Fake Hair ($29.7k). Over the past 5 years the exports of Marshall Islands to Germany have increased at an annualized rate of 83.6%,  from $15.7M in 2017 to $327M in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). That same year, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Germany exported €17.5M and imported €2k from Marshall Islands, resulting in a positive trade balance of €17.5M. Between July 2023 and July 2024 the exports of Germany have increased by €12.9M (280%) from €4.6M to €17.5M, while imports increased by €1k (100%) from €1k to €2k.

Trade In July 2024, the top exports of Germany to Marshall Islands were Ships and boats (€23M), Measuring and automatical control instruments (€39k), Pumps and compressors (€38k), Machinery for electricity production, distribution (€21k), and Other articles of iron, iron sheet,... (€11k). In July 2024 the top imports of Germany from Marshall Islands were Ships and boats (€16.9M), Engines (excl. for tractor,aircraft, road vehicle) (€1k), and Returned goods (€0).

Origins In July 2024 the exports of Germany were mainly from Hamburg (€17.3M) and Bavaria (€37k), while imports destinations were mainly Hamburg (€1k).

Growth In July 2024, the increase in Germany's year-by-year exports to Marshall Islands was explained primarily by an increase in product exports in Ships and boats (€10.9M or 90%). In July 2024, the increase in Germany's year-by-year imports  from Marshall Islands was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)€12.9M(280%)
IMPORT GROWTH (July 2023 - July 2024)€1k(100%)
MAIN EXPORTER (July 2024)Hamburg€17.3M

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

To check Marshall Islands and Germany 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 2022, Germany exported $271M to Marshall Islands. The main products exported from Germany to Marshall Islands were Passenger and Cargo Ships ($270M), Non-Iron and Steel Slag, Ash and Residues ($416k), and Processed Fish ($177k). During the last 5 years the exports of Germany to Marshall Islands have decreased at an annualized rate of 9.52%, from $447M in 2017 to $271M in 2022.

In 2017, Marshall Islands exported $327M to Germany. The main products exported from Marshall Islands to Germany were Passenger and Cargo Ships ($326M), Recreational Boats ($632k), and Fake Hair ($29.7k). During the last 5 years the exports of Marshall Islands to Germany have increased at an annualized rate of 83.6%, from $15.7M in 2022 to $327M in 2017.

Exports from Germany (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Marshall Islands
Top DestinationGermany$327M

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 2022, countries that imported more from Germany than Marshall Islands included United States ($153B), France ($120B), and China ($109B).

In 2022, no countries were registered that imported more from Marshall Islands than from Germany.

Difference in imports from Marshall Islands (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Marshall Islands

Flow
Scale

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

During 2022, Germany had a large net trade with Marshall Islands in the exports of Transportation ($270M), Mineral Products ($416k), and Machines ($234k).

During 2017, Marshall Islands had a large net trade with Germany in the exports of Transportation ($327M), Footwear and Headwear ($29.7k), and Vegetable Products ($23.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Marshall Islands (Flag) (2022)

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