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Pricing

2022
Flag → Flag
Exports $47.3MRnk 7 / 80
2022
Flag → Flag
Top Product $47.2MNon-fillet Frozen Fish
2022
Flag → Flag
Exports $3.11MRnk 183 / 218
2022
Flag → Flag
Top Product $949kSalt
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag  
GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 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$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186

About

Marshall Islands-Thailand Trade: In 2022, Marshall Islands exported $47.3M to Thailand. The main products that Marshall Islands exported to Thailand were Non-fillet Frozen Fish ($47.2M), Air Pumps ($119k), and Industrial Fatty Acids, Oils and Alcohols ($7.77k). Over the past 5 years the exports of Marshall Islands to Thailand have increased at an annualized rate of 16.5%, from $22M in 2017 to $47.3M in 2022.

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

Thailand-Marshall Islands Trade: In 2022, Thailand exported $3.11M to Marshall Islands. The main products that Thailand exported to Marshall Islands were Salt ($949k), Delivery Trucks ($753k), and Processed Fish ($641k). Over the past 5 years the exports of Thailand to Marshall Islands have decreased at an annualized rate of 1.32%,  from $3.37M in 2017 to $3.11M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $47.3M to Thailand. The main products exported from Marshall Islands to Thailand were Non-fillet Frozen Fish ($47.2M), Air Pumps ($119k), and Industrial Fatty Acids, Oils and Alcohols ($7.77k). During the last 5 years the exports of Marshall Islands to Thailand have increased at an annualized rate of 16.5%, from $22M in 2017 to $47.3M in 2022.

In 2017, Thailand exported $3.11M to Marshall Islands. The main products exported from Thailand to Marshall Islands were Salt ($949k), Delivery Trucks ($753k), and Processed Fish ($641k). During the last 5 years the exports of Thailand to Marshall Islands have decreased at an annualized rate of 1.32%, from $3.37M in 2022 to $3.11M in 2017.

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

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

Latest Data

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

Thailand Exports

Market Competitiveness

Color
Marshall Islands
Top DestinationGermany$327M
Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Marshall Islands than Thailand included Malta ($66.2M).

In 2022, countries that imported more from Thailand than Marshall Islands included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Marshall Islands - Thailand

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Thailand in the exports of Animal Products ($47.2M), Machines ($119k), and Chemical Products ($7.77k).

During 2017, Thailand had a large net trade with Marshall Islands in the exports of Mineral Products ($1.15M), Foodstuffs ($1.09M), and Transportation ($802k).

Economic Complexity

Competitive Landscape

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

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

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