Flag Netherlands / Marshall Islands Flag

Exports FlagFlag  (2018): $101M, Rnk 113 / 219

Top Product FlagFlag (2018): $100M, Recreational Boats

Exports FlagFlag (2018): $55.5M, Rnk 3 / 58

Top Product FlagFlag (2018): $50.4M, Recreational Boats

Economic Complexity of Flag (2018): ECI 1.16, Rnk 20 / 137

GDP Flag (2018): $914B, CURRENT US$
Rnk 17 / 196

GDP GROWTH Flag (2008-2018): -3.62%, CURRENT US$
Rnk 176 / 196

GDP Flag (2018): $221M, CURRENT US$
Rnk 193 / 196

GDP GROWTH Flag (2008-2018): 44.5%, CURRENT US$
Rnk 90 / 196

GDP PC Flag (2018): $53,024, CURRENT US$
Rnk 14 / 196

GDP PC GROWTH Flag (2008-2018): -8.02%, CURRENT US$
Rnk 164 / 196

GDP PC Flag (2018): $3,788, CURRENT US$
Rnk 125 / 196

GDP PC GROWTH Flag (2008-2018): 39%, CURRENT US$
Rnk 63 / 196

Netherlands-Marshall Islands: In 2018, Netherlands exported $101M to Marshall Islands. The main products exported from Netherlands to Marshall Islands were Recreational Boats ($100M), Engine Parts ($269k), and Vegetable Saps ($128k). During the last 23 years the exports of Netherlands to Marshall Islands have increased at an annualized rate of 32.2%, from $165k in 1995 to $101M in 2018.

Marshall Islands-Netherlands: In 2018, Marshall Islands exported $55.5M to Netherlands. The main products exported from Marshall Islands to Netherlands were Recreational Boats ($50.4M), Passenger and Cargo Ships ($4.94M), and Combustion Engines ($61.4k). During the last 23 years the exports of Marshall Islands to Netherlands have increased at an annualized rate of 53.9%, from $2.73k in 1995 to $55.5M in 2018.

Comparison: In 2018, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.16), and 7 in total exports ($550B). That same year, Marshall Islands ranked 159 in total exports ($661M), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, Netherlands was ranked 14 with a GDP Per Capita of $53,024, and Marshall Islands was ranked 125 with a GDP Per Capita of $3,788.

Bilateral Trade by Products

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Depth
Value

In 2018, Netherlands exported $101M to Marshall Islands. The main products exported from Netherlands to Marshall Islands were Recreational Boats ($100M), Engine Parts ($269k), and Vegetable Saps ($128k). During the last 23 years the exports of Netherlands to Marshall Islands have increased at an annualized rate of 32.2%, from $165k in 1995 to $101M in 2018.

In 2018, Marshall Islands exported $55.5M to Netherlands. The main products exported from Marshall Islands to Netherlands were Recreational Boats ($50.4M), Passenger and Cargo Ships ($4.94M), and Combustion Engines ($61.4k). During the last 23 years the exports of Marshall Islands to Netherlands have increased at an annualized rate of 53.9%, from $2.73k in 1995 to $55.5M in 2018.

Market Competitiveness

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Measure

Netherlands
Top Destination
: Germany, $111B

Marshall Islands
Top Destination
: South Korea, $148M

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

In 2018, countries that imported more from Netherlands than Marshall Islands were Germany ($111B), Belgium-Luxembourg ($71.3B), and United Kingdom ($50.7B).

In 2018, no countries were registered that imported more from Marshall Islands than from Netherlands.

Comparative Advantage Netherlands - Marshall Islands

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Depth

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

During 2018, Netherlands had a large net trade with Marshall Islands in the exports of Transportation ($100M), Machines ($620k), and Vegetable Products ($133k).

During 2018, Marshall Islands had a large net trade with Netherlands in the exports of Transportation ($55.4M), Machines ($95.2k), and Plastics and Rubbers ($16.3k).

Trade Forecasts

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This section shows a forecast for total trade between Netherlands and Marshall Islands. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Marshall Islands. Similarly, the more red a dot/product is, the more Marshall Islands has comparative advantage over Netherlands.