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2022
Flag → Flag
Exports $204MRnk 57 / 218
2022
Flag → Flag
Top Product $202MPassenger and Cargo Ships
2022
Flag → Flag
Exports $159MRnk 2 / 80
2022
Flag → Flag
Top Product $159MPassenger and Cargo Ships
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
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GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 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 $66,983CURRENT US$
Rnk 10 / 186
2012-2022
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GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 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

Denmark-Marshall Islands Trade: In 2022, Denmark exported $204M to Marshall Islands. The main products that Denmark exported to Marshall Islands were Passenger and Cargo Ships ($202M), Engine Parts ($611k), and Computers ($353k). Over the past 5 years the exports of Denmark to Marshall Islands have increased at an annualized rate of 178%, from $1.22M in 2017 to $204M in 2022.

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

Marshall Islands-Denmark Trade: 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). Over the past 5 years the exports of Marshall Islands to Denmark have decreased at an annualized rate of 0.41%,  from $164M in 2017 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 5 years the exports of Denmark to Marshall Islands have increased at an annualized rate of 178%, from $1.22M in 2017 to $204M in 2022.

In 2017, 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 5 years the exports of Marshall Islands to Denmark have decreased at an annualized rate of 0.41%, from $164M in 2022 to $159M in 2017.

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 DestinationGermany$18.9B
Marshall Islands
Top DestinationGermany$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 2022, countries that imported more from Denmark than Marshall Islands included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2022, countries that imported more from Marshall Islands than Denmark included 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 2017, 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 shows the product space at the HS4 level with the flags of Denmark and Marshall Islands. This means that a dot/product with the flag of Denmark 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 Denmark.

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

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