Marshall Islands (MHL) and Estonia (EST) Trade | The Observatory of Economic Complexity

About

In N/A, Marshall Islands did not export any services to Estonia.

Estonia-Marshall Islands Trade: In N/A, Estonia exported $26.8k to Marshall Islands. The main products that Estonia exported to Marshall Islands were Refined Petroleum ($19.6k), Nonaqueous Paints ($5.66k), and Wine ($1.19k). Over the past N/A years the exports of Estonia to Marshall Islands have decreased at an annualized rate of 38.3%, from $300k in N/A to $26.8k in N/A.

In N/A, Estonia did not export any services to Marshall Islands.

Comparison In 2022, Marshall Islands ranked 160 in total exports ($1.1B). That same year, Estonia ranked 74 in total exports ($23.1B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Marshall Islands does not register exports to Estonia. The main products exported from Marshall Islands to Estonia were Blank Audio Media ($901) and Iron Housewares ($27).

In 2017, Estonia exported $26.8k to Marshall Islands. The main products exported from Estonia to Marshall Islands were Refined Petroleum ($19.6k), Nonaqueous Paints ($5.66k), and Wine ($1.19k). During the last 5 years the exports of Estonia to Marshall Islands have decreased at an annualized rate of 38.3%, from $300k in 2022 to $26.8k in 2017.

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

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

Latest Data

Trade between Marshall Islands () and Estonia ()

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Marshall Islands
Top DestinationGermany$327M

Estonia
Top DestinationFinland$3B

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

In 2022, countries that imported more from Marshall Islands than Estonia included Malta ($66.2M), Tanzania ($41M), and Indonesia ($58.1M).

In 2022, countries that imported more from Estonia than Marshall Islands included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Marshall Islands - Estonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Estonia had a large net trade with Marshall Islands in the exports of Mineral Products ($19.6k), Chemical Products ($5.66k), and Foodstuffs ($1.48k).

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 Estonia. This means that a dot/product with the flag of Marshall Islands indicates it has a comparative advantage over Estonia. Similarly, a dot/product with the flag of Estonia indicates it has a comparative advantage over Marshall Islands.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Marshall Islands () and Estonia ()

Estonia Exports

Market Competitiveness

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

Comparative Advantage Marshall Islands - Estonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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