2023
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GDP
$1.07TCURRENT US$
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2013-2023
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GDP GROWTH
41.6%CURRENT US$
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2023
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 GDP
$259MCURRENT US$
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2013-2023
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GDP GROWTH
39.1%CURRENT US$
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2023
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GDP PC 
$32,094CURRENT US$
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2013-2023
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GDP PC GROWTH
17.6%CURRENT US$
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2023
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GDP PC
$6,678CURRENT US$
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2013-2023
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GDP PC GROWTH
81.6%CURRENT US$
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About

Saudi Arabia-Marshall Islands Trade: In 2020, Saudi Arabia exported $632k to Marshall Islands. The main products that Saudi Arabia exported to Marshall Islands were N/A. Over the past 6 years the exports of Saudi Arabia to Marshall Islands have increased at an annualized rate of 5.87%, from $449k in 2014 to $632k in 2020.

In 2020, Saudi Arabia did not export any services to Marshall Islands.

Marshall Islands-Saudi Arabia Trade: In 2020, Marshall Islands exported $15.9k to Saudi Arabia. The main products that Marshall Islands exported to Saudi Arabia were Engine Parts ($15.9k). Over the past 6 years the exports of Marshall Islands to Saudi Arabia have increased at an annualized rate of 8.75%,  from $10.5k in 2014 to $15.9k in 2020.

In 2020, Marshall Islands did not export any services to Saudi Arabia.

Comparison In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76),  and 26 in total exports ($300B). 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 2020, Saudi Arabia exported $632k to Marshall Islands. There were not main exports from Saudi Arabia to Marshall Islands in 2020. During the last 6 years the exports of Saudi Arabia to Marshall Islands have increased at an annualized rate of 5.87%, from $449k in 2014 to $632k in 2020.

In 2018, Marshall Islands exported $15.9k to Saudi Arabia. The main products exported from Marshall Islands to Saudi Arabia were Engine Parts ($15.9k). During the last 5 years the exports of Marshall Islands to Saudi Arabia have increased at an annualized rate of 8.75%, from $10.5k in 2023 to $15.9k in 2018.

Exports from Saudi Arabia (Flag) to Marshall Islands (Flag) (2023)

Exports from Marshall Islands (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

Trade between Saudi Arabia (Flag) and Marshall Islands (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$64.4B
Marshall Islands
Top Destination
United Kingdom$150M

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

In 2023, countries that imported more from Saudi Arabia than Marshall Islands included China ($64.4B), India ($34.8B), and Japan ($34.7B).

In 2023, countries that imported more from Marshall Islands than Saudi Arabia included Norway ($54.4M), Jamaica ($18.3M), and Cyprus ($79.5M).

Difference in imports from Marshall Islands (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Marshall Islands

Flow
Scale

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

During 2020, Saudi Arabia had a large net trade with Marshall Islands in the exports of .

During 2018, Marshall Islands had a large net trade with Saudi Arabia in the exports of Machines ($15.9k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Saudi Arabia and Marshall Islands. This means that a dot/product with the flag of Saudi Arabia 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 Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Marshall Islands (Flag) (2023)

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