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2023
Flag → Flag
Exports $1.14BRnk 48 / 211
2023
Flag → Flag
Top Product $1.1BPassenger and Cargo Ships
2023
Flag → Flag
Exports $3.74MRnk 19 / 76
2023
Flag → Flag
Top Product $3.4MNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH39.1%CURRENT US$
Rnk 94 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$6,678CURRENT US$
Rnk 107 / 196
2013-2023
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GDP PC GROWTH81.6%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.

Latest Trends

December, 2024

About

Overview In December 2024, Japan exported ¥5.89B and imported ¥21.9M from Marshall Islands, resulting in a positive trade balance of ¥5.87B. Between December 2023 and December 2024 the exports of Japan have increased by ¥238M (4.21%) from ¥5.65B to ¥5.89B, while imports increased by ¥21M (2.39k%) from ¥877k to ¥21.9M.

Trade In December 2024, the top exports of Japan to Marshall Islands were Passenger and Cargo Ships (¥17.6B), Commodities not elsewhere specified (¥110M), Engine Parts (¥105M), Electrical Transformers (¥79.6M), and Liquid Pumps (¥41.9M). In December 2024 the top imports of Japan from Marshall Islands were Fish Fillets (¥16.3M), Animal Meal and Pellets (¥3.2M), and Live Fish (¥837k).

Origins In December 2024 the exports of Japan were mainly from Ehime (¥5.05B), Osaka (¥770M), Kagawa (¥36.7M), Hyōgo (¥17M), and Kanagawa (¥9.38M), while imports destinations were mainly N/A.

Growth In December 2024, the increase in Japan's year-by-year exports to Marshall Islands was explained primarily by an increase in product exports in Passenger and Cargo Ships (¥10.5B or 146%), Commodities not elsewhere specified (¥108M or 4.21k%), and Electrical Transformers (¥78.7M or 9.51k%). In November 2024, the increase in Japan's year-by-year imports  from Marshall Islands was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)¥238M(4.21%)
IMPORT GROWTH (November 2023 - November 2024)¥21M(2.39k%)
MAIN EXPORTER (December 2024)Ehime¥5.05B

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $1.14B to Marshall Islands. The main products exported from Japan to Marshall Islands were Passenger and Cargo Ships ($1.1B), Engine Parts ($11.6M), and Transmissions ($4.16M). During the last 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 2018, Marshall Islands exported $3.74M to Japan. The main products exported from Marshall Islands to Japan were Non-fillet Frozen Fish ($3.4M), Fish Fillets ($179k), and Live Fish ($123k). During the last 5 years the exports of Marshall Islands to Japan have decreased at an annualized rate of 2.02%, from $4.14M in 2023 to $3.74M in 2018.

Exports from Japan (Flag) to Marshall Islands (Flag) (2023)

Exports from Marshall Islands (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Marshall Islands
Top DestinationUnited 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)

Comparative Advantage Japan - Marshall Islands

Flow
Scale

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

During 2023, Japan had a large net trade with Marshall Islands in the exports of Transportation ($1.1B), Machines ($34.8M), and Instruments ($2.58M).

During 2018, Marshall Islands had a large net trade with Japan in the exports of Animal Products ($3.7M), Wood Products ($27.4k), and Metals ($13.6k).

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) (2023)

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