Thailand (THA) and Marshall Islands (MHL) Trade | The Observatory of Economic Complexity

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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 1.58%, from $3.37M in 2017 to $3.11M in 2022.

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

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 13.6%, from $22M in 2017 to $47.3M in 2022.

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

Comparison In 2022, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). That same year, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 1.58%, from $3.37M in 2017 to $3.11M in 2022.

In 2017, 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 13.6%, from $22M in 2022 to $47.3M in 2017.

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

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

Latest Data

Trade between Thailand () and Marshall Islands ()

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$53.4B

Marshall Islands
Top DestinationGermany$327M

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

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

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

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

Comparative Advantage Thailand - Marshall Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Thailand had a large net trade with Marshall Islands in the exports of Mineral Products ($1.15M), Foodstuffs ($1.09M), and Transportation ($802k).

During 2017, Marshall Islands had a large net trade with Thailand in the exports of Animal Products ($47.2M), Machines ($119k), and Chemical Products ($7.77k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Thailand () and Marshall Islands ()

Thailand Exports

Market Competitiveness

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

Comparative Advantage Thailand - Marshall Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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