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2022
Flag → Flag
Exports $158MRnk 3 / 80
2022
Flag → Flag
Top Product $156MSpecial Purpose Ships
2022
Flag → Flag
Exports $9.86MRnk 173 / 224
2022
Flag → Flag
Top Product $8.47MRecreational Boats
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Marshall Islands-United Kingdom Trade: In 2022, Marshall Islands exported $158M to United Kingdom. The main products that Marshall Islands exported to United Kingdom were Special Purpose Ships ($156M), Computers ($758k), and Optical Fibers and optical fibre bundles ($425k). Over the past 5 years the exports of Marshall Islands to United Kingdom have increased at an annualized rate of 187%, from $811k in 2017 to $158M in 2022.

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

United Kingdom-Marshall Islands Trade: In 2022, United Kingdom exported $9.86M to Marshall Islands. The main products that United Kingdom exported to Marshall Islands were Recreational Boats ($8.47M), Stone Processing Machines ($431k), and Air Conditioners ($152k). Over the past 5 years the exports of United Kingdom to Marshall Islands have increased at an annualized rate of 53.5%,  from $1.16M in 2017 to $9.86M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $158M to United Kingdom. The main products exported from Marshall Islands to United Kingdom were Special Purpose Ships ($156M), Computers ($758k), and Optical Fibers and optical fibre bundles ($425k). During the last 5 years the exports of Marshall Islands to United Kingdom have increased at an annualized rate of 187%, from $811k in 2017 to $158M in 2022.

In 2017, United Kingdom exported $9.86M to Marshall Islands. The main products exported from United Kingdom to Marshall Islands were Recreational Boats ($8.47M), Stone Processing Machines ($431k), and Air Conditioners ($152k). During the last 5 years the exports of United Kingdom to Marshall Islands have increased at an annualized rate of 53.5%, from $1.16M in 2022 to $9.86M in 2017.

Exports from Marshall Islands (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Marshall Islands (Flag) (2022)

Latest Data

Trade between Marshall Islands (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Marshall Islands
Top DestinationN/AN/A
United Kingdom
Top DestinationN/AN/A

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

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Difference in imports from United Kingdom (Flag) and Marshall Islands (Flag) (2022)

Comparative Advantage Marshall Islands - United Kingdom

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with United Kingdom in the exports of Transportation ($156M), Machines ($1.1M), and Instruments ($480k).

During 2017, United Kingdom had a large net trade with Marshall Islands in the exports of Transportation ($8.48M), Machines ($902k), and Plastics and Rubbers ($157k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Marshall Islands United Kingdom+N/AN/A
Top Product Potential United Kingdom Marshall Islands+N/AN/A

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Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and United Kingdom (Flag) (2022)

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