2022
Flag  
GDP
$427MCURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP GROWTH
30.5%CURRENT US$
Rnk 99 / 186
2022
Flag
 GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC 
$3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 74 / 186
2022
Flag
GDP PC
$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186

About

Micronesia-Marshall Islands Trade: In 2013, Micronesia exported $256k to Marshall Islands. The main products that Micronesia exported to Marshall Islands were N/A. Over the past 5 years the exports of Micronesia to Marshall Islands have increased at an annualized rate of 12.6%, from $142k in 2008 to $256k in 2013.

In 2013, Micronesia did not export any services to Marshall Islands.

Marshall Islands-Micronesia Trade: In 2013, Marshall Islands exported $200k to Micronesia. The main products that Marshall Islands exported to Micronesia were N/A. Over the past 5 years the exports of Marshall Islands to Micronesia have increased at an annualized rate of 16.2%,  from $38.4k in 2008 to $200k in 2013.

In 2013, Marshall Islands did not export any services to Micronesia.

Comparison In 2022,  Micronesia ranked 191 in total exports ($183M). That same year, Marshall Islands ranked 160 in total exports ($1.1B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2013, Micronesia exported $256k to Marshall Islands. There were not main exports from Micronesia to Marshall Islands in 2013. During the last 5 years the exports of Micronesia to Marshall Islands have increased at an annualized rate of 12.6%, from $142k in 2008 to $256k in 2013.

In 2008, Marshall Islands exported $200k to Micronesia. There were not main exports from Marshall Islands to Micronesia in 2008. During the last 5 years the exports of Marshall Islands to Micronesia have increased at an annualized rate of 16.2%, from $38.4k in 2013 to $200k in 2008.

Exports from Micronesia (Flag) to Marshall Islands (Flag) (2013)

Exports from Marshall Islands (Flag) to Micronesia (Flag) (2013)

Market Competitiveness

Color
Micronesia
Top Destination
Thailand$143M
Marshall Islands
Top Destination
Germany$327M

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

In 2022, countries that imported more from Micronesia than Marshall Islands included Thailand ($143M), Philippines ($22.7M), and Ecuador ($3.47M).

In 2022, countries that imported more from Marshall Islands than Micronesia included Germany ($327M), Denmark ($159M), and United Kingdom ($158M).

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

Comparative Advantage Micronesia - Marshall Islands

Flow
Scale

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

During 2013, Micronesia had a large net trade with Marshall Islands in the exports of .

During 2008, Marshall Islands had a large net trade with Micronesia in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Micronesia (Flag) and Marshall Islands (Flag) (2013)

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