2022
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GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
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 GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
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GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
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GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
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GDP PC
$6,728CURRENT US$
Rnk 96 / 186
2012-2022
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GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186

About

Hong Kong-Marshall Islands Trade: In 2022, Hong Kong exported $544k to Marshall Islands. The main products that Hong Kong exported to Marshall Islands were Broadcasting Equipment ($235k), Industrial Printers ($131k), and Trunks and Cases ($49.3k). Over the past 5 years the exports of Hong Kong to Marshall Islands have increased at an annualized rate of 25.9%, from $172k in 2017 to $544k in 2022.

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

Marshall Islands-Hong Kong Trade: In 2022, Marshall Islands exported $6.44k to Hong Kong. The main products that Marshall Islands exported to Hong Kong were Live Fish ($6.44k). Over the past 5 years the exports of Marshall Islands to Hong Kong have decreased at an annualized rate of 34.8%,  from $54.7k in 2017 to $6.44k in 2022.

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

Comparison In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18),  and 39 in total exports ($113B). 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, Hong Kong exported $544k to Marshall Islands. The main products exported from Hong Kong to Marshall Islands were Broadcasting Equipment ($235k), Industrial Printers ($131k), and Trunks and Cases ($49.3k). During the last 5 years the exports of Hong Kong to Marshall Islands have increased at an annualized rate of 25.9%, from $172k in 2017 to $544k in 2022.

In 2017, Marshall Islands exported $6.44k to Hong Kong. The main products exported from Marshall Islands to Hong Kong were Live Fish ($6.44k). During the last 5 years the exports of Marshall Islands to Hong Kong have decreased at an annualized rate of 34.8%, from $54.7k in 2022 to $6.44k in 2017.

Exports from Hong Kong (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Marshall Islands (Flag)

Hong Kong Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Marshall Islands
Top Destination
Germany$327M

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

In 2022, countries that imported more from Hong Kong than Marshall Islands included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Marshall Islands than Hong Kong included Malta ($66.2M).

Difference in imports from Marshall Islands (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Marshall Islands

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Marshall Islands in the exports of Machines ($408k), Animal Hides ($49.3k), and Plastics and Rubbers ($31.6k).

During 2017, Marshall Islands had a large net trade with Hong Kong in the exports of Animal Products ($6.44k).

Economic Complexity

Competitive Landscape

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

Product Space of Hong Kong (Flag) and Marshall Islands (Flag) (2022)

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