2022
Flag  
GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 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
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Marshall Islands-Hong Kong Trade: In 2022, Marshall Islands exported $6.44k to Hong Kong. The main products that Marshall Islands exported to Hong Kong were Live Fish ($6.44k). Over the past 6 years the exports of Marshall Islands to Hong Kong have decreased at an annualized rate of 23.9%, from $33k in 2016 to $6.44k in 2022.

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

Hong Kong-Marshall Islands Trade: In 2022, Hong Kong exported $544k to Marshall Islands. The main products that Hong Kong exported to Marshall Islands were Broadcasting Equipment ($235k), Industrial Printers ($131k), and Trunks and Cases ($49.3k). Over the past 6 years the exports of Hong Kong to Marshall Islands have increased at an annualized rate of 17.9%,  from $172k in 2016 to $544k in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $6.44k to Hong Kong. The main products exported from Marshall Islands to Hong Kong were Live Fish ($6.44k). During the last 6 years the exports of Marshall Islands to Hong Kong have decreased at an annualized rate of 23.9%, from $33k in 2016 to $6.44k in 2022.

In 2017, Hong Kong exported $544k to Marshall Islands. The main products exported from Hong Kong to Marshall Islands were Broadcasting Equipment ($235k), Industrial Printers ($131k), and Trunks and Cases ($49.3k). During the last 5 years the exports of Hong Kong to Marshall Islands have increased at an annualized rate of 17.9%, from $172k in 2022 to $544k in 2017.

Exports from Marshall Islands (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Marshall Islands (Flag) (2022)

Latest Data

Trade between Marshall Islands (Flag) and Hong Kong (Flag)

Hong Kong Exports

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Marshall Islands than Hong Kong included Malta ($66.2M).

In 2022, countries that imported more from Hong Kong than Marshall Islands included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Marshall Islands (Flag) (2022)

Comparative Advantage Marshall Islands - Hong Kong

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Hong Kong in the exports of Animal Products ($6.44k).

During 2017, Hong Kong had a large net trade with Marshall Islands in the exports of Machines ($408k), Animal Hides ($49.3k), and Plastics and Rubbers ($31.6k).

Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and Hong Kong (Flag) (2022)

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