2023
Flag  
GDP
$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH
39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
 GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC 
$6,678CURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP PC GROWTH
81.6%CURRENT US$
Rnk 14 / 195
2023
Flag
GDP PC
$103,888CURRENT US$
Rnk 4 / 196
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195

About

Marshall Islands-Ireland Trade: In 2023, Marshall Islands exported $1.14k to Ireland. The main products that Marshall Islands exported to Ireland were Knit Women's Suits ($898), Electrical Control Boards ($117), and Non-Knit Women's Suits ($64). Over the past 7 years the exports of Marshall Islands to Ireland have increased at an annualized rate of 21.1%, from $297 in 2016 to $1.14k in 2023.

In 2023, Marshall Islands did not export any services to Ireland.

Ireland-Marshall Islands Trade: In 2023, Ireland exported $1.27k to Marshall Islands. The main products that Ireland exported to Marshall Islands were Integrated Circuits ($1.27k). Over the past 7 years the exports of Ireland to Marshall Islands have decreased at an annualized rate of 48.8%,  from $36.1k in 2016 to $1.27k in 2023.

In 2023, Ireland did not export any services to Marshall Islands.

Comparison In 2023,  Marshall Islands ranked 164 in total exports ($917M), and does not have data regarding Economic Complexity Index. That same year, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Marshall Islands exported $1.14k to Ireland. The main products exported from Marshall Islands to Ireland were Knit Women's Suits ($898), Electrical Control Boards ($117), and Non-Knit Women's Suits ($64). During the last 7 years the exports of Marshall Islands to Ireland have increased at an annualized rate of 21.1%, from $297 in 2016 to $1.14k in 2023.

In 2018, Ireland exported $1.27k to Marshall Islands. The main products exported from Ireland to Marshall Islands were Integrated Circuits ($1.27k). During the last 5 years the exports of Ireland to Marshall Islands have decreased at an annualized rate of 48.8%, from $36.1k in 2023 to $1.27k in 2018.

Exports from Marshall Islands (Flag) to Ireland (Flag) (2023)

Exports from Ireland (Flag) to Marshall Islands (Flag) (2023)

Latest Data

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

Ireland Exports

Market Competitiveness

Color
Marshall Islands
Top Destination
United Kingdom$150M
Ireland
Top Destination
United States$67.4B

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

In 2023, countries that imported more from Marshall Islands than Ireland included Tanzania ($68.2M), Ghana ($80.2M), and Jamaica ($18.3M).

In 2023, countries that imported more from Ireland than Marshall Islands included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

Difference in imports from Ireland (Flag) and Marshall Islands (Flag) (2023)

Comparative Advantage Marshall Islands - Ireland

Flow
Scale

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

During 2023, Marshall Islands had a large net trade with Ireland in the exports of Textiles ($1.01k), Machines ($117), and Plastics and Rubbers ($7).

During 2018, Ireland had a large net trade with Marshall Islands in the exports of Machines ($1.27k).

Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and Ireland (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with