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2022
Flag → Flag
Exports $4.28MRnk 20 / 80
2022
Flag → Flag
Top Product $1.5MCars
2022
Flag → Flag
Exports $856kRnk 104 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 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$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186

About

Marshall Islands-Nigeria Trade: In 2022, Marshall Islands exported $4.28M to Nigeria. The main products that Marshall Islands exported to Nigeria were Cars ($1.5M), Passenger and Cargo Ships ($1.1M), and Delivery Trucks ($740k). Over the past 5 years the exports of Marshall Islands to Nigeria have increased at an annualized rate of 515%, from $488 in 2017 to $4.28M in 2022.

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

Nigeria-Marshall Islands In N/A, Nigeria did not export any products to Marshall Islands.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $4.28M to Nigeria. The main products exported from Marshall Islands to Nigeria were Cars ($1.5M), Passenger and Cargo Ships ($1.1M), and Delivery Trucks ($740k). During the last 5 years the exports of Marshall Islands to Nigeria have increased at an annualized rate of 515%, from $488 in 2017 to $4.28M in 2022.

Nigeria does not register exports to Marshall Islands.

Exports from Marshall Islands (Flag) to Nigeria (Flag) (2022)

Exports from Nigeria (Flag) to Marshall Islands (Flag) (2022)

Market Competitiveness

Color
Marshall Islands
Top DestinationGermany$327M
Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Marshall Islands than Nigeria included Denmark ($159M), Malta ($66.2M), and Tanzania ($41M).

In 2022, countries that imported more from Nigeria than Marshall Islands included Spain ($9.41B), India ($8.2B), and France ($4.95B).

Difference in imports from Nigeria (Flag) and Marshall Islands (Flag) (2022)

Comparative Advantage Marshall Islands - Nigeria

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Nigeria in the exports of Transportation ($3.99M), Chemical Products ($182k), and Metals ($53.7k).

Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and Nigeria (Flag) (2022)

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