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2023
Flag → Flag
Exports $19.9MRnk 82 / 206
2023
Flag → Flag
Top Product $14.4MPassenger and Cargo Ships
2023
Flag → Flag
Exports $230Rnk 69 / 76
2023
Flag → Flag
Top Product $157Tool Plates
2023
Flag
Economic Complexity (ECI) ECI 0.48Rnk 43 / 132
2023
Flag  
GDP$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH32.1%CURRENT US$
Rnk 110 / 195
2023
Flag
 GDP$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
GDP PC $48,281CURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP PC GROWTH12.3%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 107 / 196
2013-2023
Flag
GDP PC GROWTH81.6%CURRENT US$
Rnk 14 / 195

About

New Zealand-Marshall Islands Trade: In 2023, New Zealand exported $19.9M to Marshall Islands. The main products that New Zealand exported to Marshall Islands were Passenger and Cargo Ships ($14.4M), Small Iron Containers ($1.64M), and Refined Petroleum ($832k). Over the past 5 years the exports of New Zealand to Marshall Islands have increased at an annualized rate of 40%, from $3.7M in 2018 to $19.9M in 2023.

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

Marshall Islands-New Zealand Trade: In 2023, Marshall Islands exported $230 to New Zealand. The main products that Marshall Islands exported to New Zealand were Tool Plates ($157), Low-voltage Protection Equipment ($72), and Brochures ($1). Over the past 5 years the exports of Marshall Islands to New Zealand have decreased at an annualized rate of 61.2%,  from $26.2k in 2018 to $230 in 2023.

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

Comparison In 2023,  New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48),  and 61 in total exports ($44.5B). That same year, Marshall Islands ranked 164 in total exports ($917M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, New Zealand exported $19.9M to Marshall Islands. The main products exported from New Zealand to Marshall Islands were Passenger and Cargo Ships ($14.4M), Small Iron Containers ($1.64M), and Refined Petroleum ($832k). During the last 5 years the exports of New Zealand to Marshall Islands have increased at an annualized rate of 40%, from $3.7M in 2018 to $19.9M in 2023.

In 2018, Marshall Islands exported $230 to New Zealand. The main products exported from Marshall Islands to New Zealand were Tool Plates ($157), Low-voltage Protection Equipment ($72), and Brochures ($1). During the last 5 years the exports of Marshall Islands to New Zealand have decreased at an annualized rate of 61.2%, from $26.2k in 2023 to $230 in 2018.

Exports from New Zealand (Flag) to Marshall Islands (Flag) (2023)

Exports from Marshall Islands (Flag) to New Zealand (Flag) (2023)

Latest Data

Trade between New Zealand (Flag) and Marshall Islands (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$12.3B
Marshall Islands
Top DestinationUnited Kingdom$150M

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

In 2023, countries that imported more from New Zealand than Marshall Islands included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

In 2023, countries that imported more from Marshall Islands than New Zealand included Cyprus ($79.5M), Ghana ($80.2M), and Tanzania ($68.2M).

Difference in imports from Marshall Islands (Flag) and New Zealand (Flag) (2023)

Comparative Advantage New Zealand - Marshall Islands

Flow
Scale

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

During 2023, New Zealand had a large net trade with Marshall Islands in the exports of Transportation ($14.4M), Metals ($1.64M), and Wood Products ($1.03M).

During 2018, Marshall Islands had a large net trade with New Zealand in the exports of Metals ($157), Machines ($72), and Paper Goods ($1).

Economic Complexity

Competitive Landscape

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

Product Space of New Zealand (Flag) and Marshall Islands (Flag) (2023)

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