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2023
Flag → Flag
Exports $2.27MRnk 191 / 220
2023
Flag → Flag
Top Product $621kUtility Meters
2023
Flag → Flag
Exports $87kRnk 41 / 76
2023
Flag → Flag
Top Product $73.4kCarboxylic Acids
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
GDP PC $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 107 / 196
2013-2023
Flag
GDP PC GROWTH81.6%CURRENT US$
Rnk 14 / 195

About

India-Marshall Islands Trade: In 2023, India exported $2.27M to Marshall Islands. The main products that India exported to Marshall Islands were Utility Meters ($621k), Stone Processing Machines ($615k), and Computers ($509k). Over the past 5 years the exports of India to Marshall Islands have decreased at an annualized rate of 29.9%, from $13.4M in 2018 to $2.27M in 2023.

In 2023, India did not export any services to Marshall Islands.

Marshall Islands-India Trade: In 2023, Marshall Islands exported $87k to India. The main products that Marshall Islands exported to India were Carboxylic Acids ($73.4k), Refined Petroleum ($10.8k), and Scrap Iron ($2.8k). Over the past 5 years the exports of Marshall Islands to India have decreased at an annualized rate of 13.3%,  from $178k in 2018 to $87k in 2023.

In 2023, Marshall Islands did not export any services to India.

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). That same year, Marshall Islands ranked 164 in total exports ($917M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, India exported $3.7k and imported $741k from Marshall Islands, resulting in a negative trade balance of $737k. Between November 2023 and November 2024 the exports of India have decreased by $-708k (-99.5%) from $712k to $3.7k, while imports increased by $732k (8.47k%) from $8.65k to $741k.

Trade In November 2024, the top exports of India to Marshall Islands were Motor Vehicle/Cars ($26.8k). In November 2024 the top imports of India from Marshall Islands were Electronics Instruments ($69.8k).

Growth In November 2024, the decrease in India's year-by-year exports to Marshall Islands was explained primarily by an decrease in product exports in . In November 2024, the increase in India'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 (November 2023 - November 2024)$-708k(-99.5%)
IMPORT GROWTH (November 2023 - November 2024)$732k(8.47k%)

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

To check Marshall Islands and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Marshall Islands and India Data

Go to Bulk Download

Historical Data

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Marshall Islands
Top DestinationUnited Kingdom$150M

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

In 2023, countries that imported more from India than Marshall Islands included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, no countries were registered that imported more from Marshall Islands than from India.

Difference in imports from Marshall Islands (Flag) and India (Flag) (2023)

Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Marshall Islands (Flag) (NaN)

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