2022
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GDP
$522BCURRENT US$
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2012-2022
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GDP GROWTH
99%CURRENT US$
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 GDP
$280MCURRENT US$
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GDP GROWTH
55.5%CURRENT US$
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GDP PC 
$54,660CURRENT US$
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GDP PC GROWTH
64.9%CURRENT US$
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2022
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GDP PC
$6,728CURRENT US$
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GDP PC GROWTH
95.3%CURRENT US$
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About

Israel-Marshall Islands In 2021, Israel exported $62k to Marshall Islands. The main products that Israel exported to Marshall Islands are N/A. During the last 15 years the exports of Israel to Marshall Islands have increased at an annualized rate of 4.73%, from $31k in 2006 to $62k in 2021.

In 2021, Israel did not export any services to Marshall Islands.

Marshall Islands-Israel In 2021, Marshall Islands exported $7.8M to Israel. The main products that Marshall Islands exported to Israel were Coated Flat-Rolled Iron ($6.06M), Iron Blocks ($1.08M), and Knit Men's Suits ($316k). During the last 15 years the exports of Marshall Islands to Israel have increased at an annualized rate of 43.9%, from $33.3k in 2006 to $7.8M in 2021.

In 2021, Marshall Islands did not export any services to Israel.

Comparison In 2022,  Israel ranked 19 in the Economic Complexity Index (ECI 1.17),  and 49 in total exports ($76.9B). 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 2021, Israel exported $62k to Marshall Islands. There were not main exports from Israel to Marshall Islands in 2021. During the last 15 years the exports of Israel to Marshall Islands have increased at an annualized rate of 4.73%, from $31k in 2006 to $62k in 2021.

In 2022, Marshall Islands exported $7.8M to Israel. The main products exported from Marshall Islands to Israel were Coated Flat-Rolled Iron ($6.06M), Iron Blocks ($1.08M), and Knit Men's Suits ($316k). During the last 27 years the exports of Marshall Islands to Israel have increased at an annualized rate of 43.9%, from $33.3k in 1995 to $7.8M in 2022.

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

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

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Marshall Islands
Top Destination
Germany$327M

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

In 2021, countries that imported more from Israel than Marshall Islands were United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

In 2021, countries that imported more from Marshall Islands than Israel were Denmark ($159M), Tanzania ($41M), and Malta ($66.2M).

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

Comparative Advantage Israel - Marshall Islands

Flow
Scale

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

During 2021, Israel had a large net trade with Marshall Islands in the exports of .

During 2022, Marshall Islands had a large net trade with Israel in the exports of Metals ($7.15M), Textiles ($505k), and Machines ($85.7k).

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 Israel has comparative advantage over Marshall Islands. Similarly, the more yellow a dot/product is, the more Marshall Islands has comparative advantage over Israel.

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

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