2022
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GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
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GDP GROWTH
20.9%CURRENT US$
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2022
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 GDP
$280MCURRENT US$
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2012-2022
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GDP GROWTH
55.5%CURRENT US$
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2022
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GDP PC 
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
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GDP PC GROWTH
14.5%CURRENT US$
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2022
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GDP PC
$6,728CURRENT US$
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2012-2022
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GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186

About

Denmark-Marshall Islands In 2022, Denmark exported $204M to Marshall Islands. The main products that Denmark exported to Marshall Islands are Passenger and Cargo Ships ($202M), Engine Parts ($611k), and Computers ($353k). During the last 27 years the exports of Denmark to Marshall Islands have increased at an annualized rate of 46.2%, from $7.22k in 1995 to $204M in 2022.

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

Marshall Islands-Denmark In 2022, Marshall Islands exported $159M to Denmark. The main products that Marshall Islands exported to Denmark were Passenger and Cargo Ships ($159M), Aluminium Structures ($68.7k), and Iron Anchors ($1.39k). During the last 27 years the exports of Marshall Islands to Denmark have increased at an annualized rate of 59.4%, from $544 in 1995 to $159M in 2022.

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

Comparison In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01),  and 37 in total exports ($122B). 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
Value

In 2022, Denmark exported $204M to Marshall Islands. The main products exported from Denmark to Marshall Islands were Passenger and Cargo Ships ($202M), Engine Parts ($611k), and Computers ($353k). During the last 27 years the exports of Denmark to Marshall Islands have increased at an annualized rate of 46.2%, from $7.22k in 1995 to $204M in 2022.

In 2022, Marshall Islands exported $159M to Denmark. The main products exported from Marshall Islands to Denmark were Passenger and Cargo Ships ($159M), Aluminium Structures ($68.7k), and Iron Anchors ($1.39k). During the last 25 years the exports of Marshall Islands to Denmark have increased at an annualized rate of 59.4%, from $544 in 1997 to $159M in 2022.

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

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

Latest Data

Trade between Denmark (Flag) and Marshall Islands (Flag)

Denmark Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Marshall Islands
Top Destination
Germany$327M

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

In 2021, countries that imported more from Denmark than Marshall Islands were Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2021, countries that imported more from Marshall Islands than Denmark were Malta ($66.2M), Tanzania ($41M), and Rwanda ($10.3M).

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

Comparative Advantage Denmark - Marshall Islands

Flow
Scale

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

During 2022, Denmark had a large net trade with Marshall Islands in the exports of Transportation ($202M), Machines ($1.27M), and Plastics and Rubbers ($143k).

During 2022, Marshall Islands had a large net trade with Denmark in the exports of Transportation ($159M), Metals ($70.1k), and Machines ($420).

Economic Complexity

Competitive Landscape

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

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

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