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2022
Exports $91.1MWorld Rnk 24 / 167
Flag Rnk 4 / 330
2022
Destination $35.7M Malta
2021 - 2022
FASTEST GROWING MARKET $35.7MMalta
2022
PRODUCT COMPLEXITY IN Recreational Boats0.3Rnk 445 / 1025
2022
Imports $207MWorld Rnk 22 / 217
Flag Rnk 3 / 875
2022
Origin $31M Italy
2021 - 2022
FASTEST GROWING ORIGIN $31MTurkey

About

Exports In 2022, Marshall Islands exported $91.1M in Recreational Boats, making it the 24th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 4th most exported product in Marshall Islands. The main destination of Recreational Boats exports from Marshall Islands are: Malta ($66.2M), Italy ($9.94M), Greece ($8.17M), France ($2.33M), and Slovenia ($1.39M).

The fastest growing export markets for Recreational Boats of Marshall Islands between 2021 and 2022 were Malta ($35.7M), Slovenia ($1.39M), and Croatia ($1.08M).

Imports In 2022, Marshall Islands imported $207M in Recreational Boats, becoming the 22nd largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 3rd most imported product in Marshall Islands. Marshall Islands imports Recreational Boats primarily from: Italy ($114M), Turkey ($42M), France ($26.8M), China ($9.9M), and United Kingdom ($8.47M).

The fastest growing import markets in Recreational Boats for Marshall Islands between 2021 and 2022 were Turkey ($31M), France ($15.2M), and China ($9.81M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Recreational Boats. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$91.1M
IMPORTS (2022)$207M
NET TRADE (2022)-$116M

In 2022, Marshall Islands exported $91.1M in Recreational Boats. The main destinations of Marshall Islands exports on Recreational Boats were Malta ($66.2M), Italy ($9.94M), Greece ($8.17M), France ($2.33M), and Slovenia ($1.39M).

In 2022, Marshall Islands imported $207M in Recreational Boats, mainly from Italy ($114M), Turkey ($42M), France ($26.8M), China ($9.9M), and United Kingdom ($8.47M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Marshall Islands WERE (2021 - 2022):
Malta$35.7M (117%)
Slovenia$1.39M (1%)
Croatia$1.08M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Marshall Islands WERE (2021 - 2022):
Netherlands-$35.8M (-100%)
Turkey-$2.74M (-79.3%)
France-$2.11M (-47.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Marshall Islands's main exporting competitors in Recreational Boats were:
Italy $3.5B
United States $1.89B
France $1.35B
In 2022, Marshall Islands's main importing competitors in Recreational Boats were:
United States $3.03B
Malta $1.37B
Canada $1.13B

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

Recreational Boats’s highest export potential is N/A. With an export gap of N/A.   Recreational Boats’s highest import potential is N/A with an import gap of N/A.

See methodology.

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