Marshall Islands / South Korea

Marshall Islands-South Korea Trade: In 2022, Marshall Islands exported $25.1M to South Korea. The main products that Marshall Islands exported to South Korea were Passenger and Cargo Ships ($26.1M), Refined Petroleum ($381k), and Scrap Iron ($117k). Over the past 5 years the exports of Marshall Islands to South Korea have increased at an annualized rate of 494%, from $3.39k in 2017 to $25.1M in 2022.

In 2022, Marshall Islands did not export any services to South Korea.

South Korea-Marshall Islands Trade: In 2022, South Korea exported $6.87B to Marshall Islands. The main products that South Korea exported to Marshall Islands were Passenger and Cargo Ships ($3.24B), Cars ($1.32M), and Petroleum Gas ($696k). Over the past 5 years the exports of South Korea to Marshall Islands have increased at an annualized rate of 439%,  from $1.51M in 2017 to $6.87B in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).