Passenger and Cargo Ships in Marshall Islands

EXPORTS (2018): $442M, World Rnk 16 / 123
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TOP DESTINATION (2018): $145M, South Korea

FASTEST GROWING MARKET (2017 - 2018): $145M, Cyprus

IMPORTS (2018): $3.88B, World Rnk 2 / 159
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TOP ORIGIN (2018): $1.76B, South Korea

FASTEST GROWING ORIGIN (2017 - 2018): $1.18B, Belgium-Luxembourg

PRODUCT COMPLEXITY  IN Passenger and Cargo Ships (2018): -0.36, Rnk 654 / 1018

Overview: This page contains the latest trade data of Passenger and Cargo Ships in Marshall Islands.

Exports: In 2018, Marshall Islands exported $442M in Passenger and Cargo Ships, making it the 16th largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 1st most exported product in Marshall Islands. The main destination of Passenger and Cargo Ships exports from Marshall Islands are: South Korea ($145M), Cyprus ($145M), Germany ($54.7M), Poland ($44.7M), and Indonesia ($20.6M).

The fastest growing export markets for Passenger and Cargo Ships of Marshall Islands between 2017 and 2018 were Cyprus ($145M), South Korea ($129M), and Poland ($39.1M).

Imports: In 2018, Marshall Islands imported $3.88B in Passenger and Cargo Ships, becoming the 2nd largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 1st most imported product in Marshall Islands. Marshall Islands imports Passenger and Cargo Ships primarily from: South Korea ($1.76B), Belgium-Luxembourg ($1.18B), Germany ($707M), Turkey ($84.9M), and Romania ($58.3M).

The fastest growing import markets in Passenger and Cargo Ships for Marshall Islands between 2017 and 2018 were Belgium-Luxembourg ($1.18B), Germany ($301M), and Chinese Taipei ($22.3M).

Value

EXPORTS (2018): $442M

IMPORTS (2018): $3.88B

NET TRADE (2018): -$3.44B

In 2018, Marshall Islands exported $442M in Passenger and Cargo Ships. The main destinations of Marshall Islands exports on Passenger and Cargo Ships were South Korea ($145M), Cyprus ($145M), Germany ($54.7M), Poland ($44.7M), and Indonesia ($20.6M).

In 2018, Marshall Islands imported $3.88B in Passenger and Cargo Ships, mainly from South Korea ($1.76B), Belgium-Luxembourg ($1.18B), Germany ($707M), Turkey ($84.9M), and Romania ($58.3M).

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IN 2018, Marshall Islands HAD A POSITIVE NET TRADE IN Passenger and Cargo Ships WITH:

  • Cyprus, $145M ($145M - $0)
  • Indonesia, $20M ($20.6M - $514k)
  • Poland, $19.5M ($44.7M - $25.2M)

IN 2018, Marshall Islands HAD A NEGATIVE NET TRADE IN Passenger and Cargo Ships WITH:

  • South Korea, -$1.61B ($145M - $1.76B)
  • Belgium-Luxembourg, -$1.18B ($0 - $1.18B)
  • Germany, -$652M ($54.7M - $707M)
Flow

THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR Marshall Islands WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY Marshall Islands WERE (2017 - 2018):

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Market Concentration

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Flow
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In 2018, Marshall Islands's main exporting competitors in Passenger and Cargo Ships were:

In 2018, Marshall Islands's main importing competitors in Passenger and Cargo Ships were:

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Passenger and Cargo Ships in Marshall Islands. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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