2022
Flag
 GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC
$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186

About

In N/A, Venezuela did not export any services to Marshall Islands.

Marshall Islands-Venezuela Trade: In N/A, Marshall Islands exported $160k to Venezuela. The main products that Marshall Islands exported to Venezuela were N/A. Over the past N/A years the exports of Marshall Islands to Venezuela have increased at an annualized rate of 67.9%,  from $7.13k in N/A to $160k in N/A.

In N/A, Marshall Islands did not export any services to Venezuela.

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87),  and 132 in total exports ($4.3B). 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
Value
Year

Venezuela does not register exports to Marshall Islands.

In 2007, Marshall Islands exported $160k to Venezuela. There were not main exports from Marshall Islands to Venezuela in 2007. During the last 5 years the exports of Marshall Islands to Venezuela have increased at an annualized rate of 67.9%, from $7.13k in 2012 to $160k in 2007.

Exports from Venezuela (Flag) to Marshall Islands (Flag) (2012)

Exports from Marshall Islands (Flag) to Venezuela (Flag) (2012)

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Marshall Islands
Top Destination
Germany$327M

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

In 2022, countries that imported more from Venezuela than Marshall Islands included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Marshall Islands than Venezuela included Germany ($327M), Denmark ($159M), and United Kingdom ($158M).

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

Comparative Advantage Venezuela - Marshall Islands

Flow
Scale
Year

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

During 2007, Marshall Islands had a large net trade with Venezuela in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Venezuela Marshall Islands+N/AN/A
Top Product Potential Marshall Islands Venezuela+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

Year

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

Product Space of Venezuela (Flag) and Marshall Islands (Flag) (2012)

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