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2022
Flag → Flag
Exports $55.1kRnk 51 / 80
2022
Flag → Flag
Top Product $17.6kEngine Parts
2022
Flag → Flag
Exports $24.1MRnk 120 / 215
2022
Flag → Flag
Top Product $22.6MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 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$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

About

Marshall Islands-Singapore Trade: In 2022, Marshall Islands exported $55.1k to Singapore. The main products that Marshall Islands exported to Singapore were Engine Parts ($17.6k), Industrial Printers ($17.6k), and Knit Women's Suits ($7.47k). Over the past 5 years the exports of Marshall Islands to Singapore have decreased at an annualized rate of 60.5%, from $5.73M in 2017 to $55.1k in 2022.

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

Singapore-Marshall Islands Trade: In 2022, Singapore exported $24.1M to Marshall Islands. The main products that Singapore exported to Marshall Islands were Refined Petroleum ($22.6M), Plastic Housewares ($555k), and Flavored Water ($399k). Over the past 5 years the exports of Singapore to Marshall Islands have increased at an annualized rate of 13.7%,  from $7.59M in 2017 to $24.1M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $55.1k to Singapore. The main products exported from Marshall Islands to Singapore were Engine Parts ($17.6k), Industrial Printers ($17.6k), and Knit Women's Suits ($7.47k). During the last 5 years the exports of Marshall Islands to Singapore have decreased at an annualized rate of 60.5%, from $5.73M in 2017 to $55.1k in 2022.

In 2017, Singapore exported $24.1M to Marshall Islands. The main products exported from Singapore to Marshall Islands were Refined Petroleum ($22.6M), Plastic Housewares ($555k), and Flavored Water ($399k). During the last 5 years the exports of Singapore to Marshall Islands have increased at an annualized rate of 13.7%, from $7.59M in 2022 to $24.1M in 2017.

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

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

Latest Data

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

Singapore Exports

Market Competitiveness

Color
Marshall Islands
Top DestinationGermany$327M
Singapore
Top DestinationHong Kong$51.6B

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

In 2022, countries that imported more from Marshall Islands than Singapore included Denmark ($159M).

In 2022, countries that imported more from Singapore than Marshall Islands included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Marshall Islands - Singapore

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Singapore in the exports of Machines ($35.2k), Textiles ($8.88k), and Animal Products ($4.13k).

During 2017, Singapore had a large net trade with Marshall Islands in the exports of Mineral Products ($22.6M), Foodstuffs ($597k), and Plastics and Rubbers ($563k).

Economic Complexity

Competitive Landscape

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

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

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