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2023
Flag → Flag
Exports $3.74MRnk 19 / 76
2023
Flag → Flag
Top Product $3.4MNon-fillet Frozen Fish
2023
Flag → Flag
Exports $1.14BRnk 48 / 211
2023
Flag → Flag
Top Product $1.1BPassenger and Cargo Ships
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag  
GDP$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
 GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
Flag
GDP PC $6,678CURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP PC GROWTH81.6%CURRENT US$
Rnk 14 / 195
2023
Flag
GDP PC$33,767CURRENT US$
Rnk 38 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195

About

Marshall Islands-Japan Trade: In 2023, Marshall Islands exported $3.74M to Japan. The main products that Marshall Islands exported to Japan were Non-fillet Frozen Fish ($3.4M), Fish Fillets ($179k), and Live Fish ($123k). Over the past 5 years the exports of Marshall Islands to Japan have decreased at an annualized rate of 2.02%, from $4.14M in 2018 to $3.74M in 2023.

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

Japan-Marshall Islands Trade: In 2023, Japan exported $1.14B to Marshall Islands. The main products that Japan exported to Marshall Islands were Passenger and Cargo Ships ($1.1B), Engine Parts ($11.6M), and Transmissions ($4.16M). Over the past 5 years the exports of Japan to Marshall Islands have decreased at an annualized rate of 3.18%,  from $1.34B in 2018 to $1.14B in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Marshall Islands exported $3.74M to Japan. The main products exported from Marshall Islands to Japan were Non-fillet Frozen Fish ($3.4M), Fish Fillets ($179k), and Live Fish ($123k). During the last 5 years the exports of Marshall Islands to Japan have decreased at an annualized rate of 2.02%, from $4.14M in 2018 to $3.74M in 2023.

In 2018, Japan exported $1.14B to Marshall Islands. The main products exported from Japan to Marshall Islands were Passenger and Cargo Ships ($1.1B), Engine Parts ($11.6M), and Transmissions ($4.16M). During the last 5 years the exports of Japan to Marshall Islands have decreased at an annualized rate of 3.18%, from $1.34B in 2023 to $1.14B in 2018.

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

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

Latest Data

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

Japan Exports

Market Competitiveness

Color
Marshall Islands
Top DestinationUnited Kingdom$150M
Japan
Top DestinationUnited States$143B

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

In 2023, no countries were registered that imported more from Marshall Islands than from Japan.

In 2023, countries that imported more from Japan than Marshall Islands included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Marshall Islands - Japan

Flow
Scale

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

During 2023, Marshall Islands had a large net trade with Japan in the exports of Animal Products ($3.7M), Wood Products ($27.4k), and Metals ($13.6k).

During 2018, Japan had a large net trade with Marshall Islands in the exports of Transportation ($1.1B), Machines ($34.8M), and Instruments ($2.58M).

Economic Complexity

Competitive Landscape

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

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

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