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Exports In 2023, Marshall Islands exported $6.34M in Tug Boats, making it the 38th largest exporter of Tug Boats in the world. At the same year, Tug Boats was the 8th most exported product in Marshall Islands. The main destination of Tug Boats exports from Marshall Islands are: Thailand ($4.5M) and Cyprus ($1.84M).

The fastest growing export markets for Tug Boats of Marshall Islands between 2022 and 2023 were Thailand ($4.5M) and Cyprus ($3k).

Imports In 2023, Marshall Islands imported $33.7M in Tug Boats, becoming the 26th largest importer of Tug Boats in the world. At the same year, Tug Boats was the 11th most imported product in Marshall Islands. Marshall Islands imports Tug Boats primarily from: Turkey ($32.6M), Greece ($618k), and Cyprus ($550k).

The fastest growing import markets in Tug Boats for Marshall Islands between 2022 and 2023 were Turkey ($32.6M), Greece ($618k), and Cyprus ($51.3k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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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 Tug 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 (2023)$6.34M
IMPORTS (2023)$33.7M
NET TRADE (2023)-$27.4M

In 2023, Marshall Islands exported $6.34M in Tug Boats. The main destinations of Marshall Islands exports on Tug Boats were Thailand ($4.5M) and Cyprus ($1.84M).

In 2023, Marshall Islands imported $33.7M in Tug Boats, mainly from Turkey ($32.6M), Greece ($618k), and Cyprus ($550k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tug Boats EXPORT MARKETS FOR Marshall Islands WERE (2022 - 2023):
Thailand$4.5M (1%)
Cyprus$3k (0.16%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tug Boats BY Marshall Islands WERE (2022 - 2023):Greece-$2.15M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Marshall Islands's main exporting competitors in Tug Boats were:
In 2023, Marshall Islands's main importing competitors in Tug Boats were:

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Trade Value of Tug Boats by Exporters

Potential Exports

Potential Exports

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

See methodology.

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