2022
Flag  
GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Marshall Islands-Germany Trade: In 2022, Marshall Islands exported $327M to Germany. The main products that Marshall Islands exported to Germany were Passenger and Cargo Ships ($326M), Recreational Boats ($632k), and Fake Hair ($29.7k). Over the past 5 years the exports of Marshall Islands to Germany have increased at an annualized rate of 83.6%, from $15.7M in 2017 to $327M in 2022.

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

Germany-Marshall Islands Trade: In 2022, Germany exported $271M to Marshall Islands. The main products that Germany exported to Marshall Islands were Passenger and Cargo Ships ($270M), Non-Iron and Steel Slag, Ash and Residues ($416k), and Processed Fish ($177k). Over the past 5 years the exports of Germany to Marshall Islands have decreased at an annualized rate of 5.41%,  from $447M in 2017 to $271M in 2022.

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

Comparison In 2022,  Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index. That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $327M to Germany. The main products exported from Marshall Islands to Germany were Passenger and Cargo Ships ($326M), Recreational Boats ($632k), and Fake Hair ($29.7k). During the last 5 years the exports of Marshall Islands to Germany have increased at an annualized rate of 83.6%, from $15.7M in 2017 to $327M in 2022.

In 2017, Germany exported $271M to Marshall Islands. The main products exported from Germany to Marshall Islands were Passenger and Cargo Ships ($270M), Non-Iron and Steel Slag, Ash and Residues ($416k), and Processed Fish ($177k). During the last 5 years the exports of Germany to Marshall Islands have decreased at an annualized rate of 5.41%, from $447M in 2022 to $271M in 2017.

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

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

Latest Data

Trade between Marshall Islands (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Germany
Top Destination
United States$153B

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

In 2022, no countries were registered that imported more from Marshall Islands than from Germany.

In 2022, countries that imported more from Germany than Marshall Islands included United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Marshall Islands - Germany

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Germany in the exports of Transportation ($327M), Footwear and Headwear ($29.7k), and Vegetable Products ($23.2k).

During 2017, Germany had a large net trade with Marshall Islands in the exports of Transportation ($270M), Mineral Products ($416k), and Machines ($234k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Marshall Islands and Germany. This means that a dot/product with the flag of Marshall Islands indicates it has a comparative advantage over Germany. Similarly, a dot/product with the flag of Germany indicates it has a comparative advantage over Marshall Islands.

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

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