2023
Flag  
GDP
$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH
-19.3%CURRENT US$
Rnk 190 / 195
2023
Flag
 GDP
$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH
39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
GDP PC 
$33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC
$6,678CURRENT US$
Rnk 107 / 196
2013-2023
Flag
GDP PC GROWTH
81.6%CURRENT US$
Rnk 14 / 195

About

Japan-Marshall Islands Trade: In 2023, Japan exported $1.14B to Marshall Islands. The main products that Japan exported to Marshall Islands were Passenger and Cargo Ships ($1.1B), Engine Parts ($11.6M), and Transmissions ($4.16M). Over the past 5 years the exports of Japan to Marshall Islands have decreased at an annualized rate of 3.18%, from $1.34B in 2018 to $1.14B in 2023.

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

Marshall Islands-Japan Trade: In 2023, Marshall Islands exported $3.74M to Japan. The main products that Marshall Islands exported to Japan were Non-fillet Frozen Fish ($3.4M), Fish Fillets ($179k), and Live Fish ($123k). Over the past 5 years the exports of Marshall Islands to Japan have decreased at an annualized rate of 2.02%,  from $4.14M in 2018 to $3.74M in 2023.

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

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). That same year, Marshall Islands ranked 164 in total exports ($917M), and does not have data regarding Economic Complexity Index.

Historical Data

Market Competitiveness

Color
Japan
Top Destination
United States$143B
Marshall Islands
Top Destination
United Kingdom$150M

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

In 2023, countries that imported more from Japan than Marshall Islands included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

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

Economic Complexity

Competitive Landscape

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

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

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