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2023
Flag → Flag
Exports $30.4kRnk 53 / 76
2023
Flag → Flag
Top Product $26.9kLive Fish
2023
Flag → Flag
Exports $321kRnk 184 / 211
2023
Flag → Flag
Top Product $321kStranded Iron Wire
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 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$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

Marshall Islands-Portugal Trade: In 2023, Marshall Islands exported $30.4k to Portugal. The main products that Marshall Islands exported to Portugal were Live Fish ($26.9k), Scrap Iron ($3.17k), and Other Floating Structures ($324). Over the past 5 years the exports of Marshall Islands to Portugal have increased at an annualized rate of 33.9%, from $7.06k in 2018 to $30.4k in 2023.

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

Portugal-Marshall Islands Trade: In 2023, Portugal exported $321k to Marshall Islands. The main products that Portugal exported to Marshall Islands were Stranded Iron Wire ($321k). Over the past 5 years the exports of Portugal to Marshall Islands have decreased at an annualized rate of 8.42%,  from $498k in 2018 to $321k in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Marshall Islands exported $30.4k to Portugal. The main products exported from Marshall Islands to Portugal were Live Fish ($26.9k), Scrap Iron ($3.17k), and Other Floating Structures ($324). During the last 5 years the exports of Marshall Islands to Portugal have increased at an annualized rate of 33.9%, from $7.06k in 2018 to $30.4k in 2023.

In 2018, Portugal exported $321k to Marshall Islands. The main products exported from Portugal to Marshall Islands were Stranded Iron Wire ($321k). During the last 5 years the exports of Portugal to Marshall Islands have decreased at an annualized rate of 8.42%, from $498k in 2023 to $321k in 2018.

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

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

Latest Data

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

Portugal Exports

Market Competitiveness

Color
Marshall Islands
Top DestinationUnited Kingdom$150M
Portugal
Top DestinationSpain$17.7B

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

In 2023, countries that imported more from Marshall Islands than Portugal included Tanzania ($68.2M), Ghana ($80.2M), and Indonesia ($70.7M).

In 2023, countries that imported more from Portugal than Marshall Islands included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage Marshall Islands - Portugal

Flow
Scale

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

During 2023, Marshall Islands had a large net trade with Portugal in the exports of Animal Products ($26.9k), Metals ($3.17k), and Transportation ($324).

During 2018, Portugal had a large net trade with Marshall Islands in the exports of Metals ($321k).

Economic Complexity

Competitive Landscape

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

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

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