Marshall Islands (MHL) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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Marshall Islands-Denmark Trade: In 2022, Marshall Islands exported $159M to Denmark. The main products that Marshall Islands exported to Denmark were Passenger and Cargo Ships ($159M), Aluminium Structures ($68.7k), and Iron Anchors ($1.39k). Over the past 5 years the exports of Marshall Islands to Denmark have decreased at an annualized rate of 0.57%, from $164M in 2017 to $159M in 2022.

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

Denmark-Marshall Islands Trade: In 2022, Denmark exported $204M to Marshall Islands. The main products that Denmark exported to Marshall Islands were Passenger and Cargo Ships ($202M), Engine Parts ($611k), and Computers ($353k). Over the past 5 years the exports of Denmark to Marshall Islands have increased at an annualized rate of 178%, from $1.22M in 2017 to $204M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Marshall Islands exported $159M to Denmark. The main products exported from Marshall Islands to Denmark were Passenger and Cargo Ships ($159M), Aluminium Structures ($68.7k), and Iron Anchors ($1.39k). During the last 5 years the exports of Marshall Islands to Denmark have decreased at an annualized rate of 0.57%, from $164M in 2017 to $159M in 2022.

In 2017, Denmark exported $204M to Marshall Islands. The main products exported from Denmark to Marshall Islands were Passenger and Cargo Ships ($202M), Engine Parts ($611k), and Computers ($353k). During the last 5 years the exports of Denmark to Marshall Islands have increased at an annualized rate of 178%, from $1.22M in 2022 to $204M in 2017.

Exports from Marshall Islands () to Denmark () (2022)

Exports from Denmark () to Marshall Islands () (2022)

Latest Data

Trade between Marshall Islands () and Denmark ()

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Marshall Islands
Top DestinationGermany$327M

Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Marshall Islands than Denmark included Malta ($66.2M), Tanzania ($41M), and Rwanda ($10.3M).

In 2022, countries that imported more from Denmark than Marshall Islands included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

Difference in imports from Denmark () and Marshall Islands () (2022)

Comparative Advantage Marshall Islands - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Marshall Islands had a large net trade with Denmark in the exports of Transportation ($159M), Metals ($70.1k), and Machines ($420).

During 2017, Denmark had a large net trade with Marshall Islands in the exports of Transportation ($202M), Machines ($1.27M), and Plastics and Rubbers ($143k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Marshall Islands () to Denmark () (2022)

Exports from Denmark () to Marshall Islands () (2022)

Latest Data

Trade between Marshall Islands () and Denmark ()

Denmark Exports

Market Competitiveness

Difference in imports from Denmark () and Marshall Islands () (2022)

Comparative Advantage Marshall Islands - Denmark

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Marshall Islands () and Denmark () (2022)

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