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2022
Flag → Flag
Exports $451kRnk 187 / 217
2022
Flag → Flag
Top Product $168kParticle Board
2022
Flag → Flag
Exports $142Rnk 18 / 0
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag  
GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
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GDP PC $52,131CURRENT US$
Rnk 17 / 186
2012-2022
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GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186
2022
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GDP PC$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

Austria-Marshall Islands Trade: In 2022, Austria exported $451k to Marshall Islands. The main products that Austria exported to Marshall Islands were Particle Board ($168k), Oscilloscopes ($125k), and Knitting Machine Accessories ($54.5k). Over the past 5 years the exports of Austria to Marshall Islands have increased at an annualized rate of 2.14%, from $405k in 2017 to $451k in 2022.

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

Marshall Islands-Austria Trade: In 2022, Marshall Islands exported $142 to Austria. The main products that Marshall Islands exported to Austria were N/A. Over the past 5 years the exports of Marshall Islands to Austria have decreased at an annualized rate of 71.8%,  from $79.6k in 2017 to $142 in 2022.

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

Comparison In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5),  and 32 in total exports ($209B). 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

In 2022, Austria exported $451k to Marshall Islands. The main products exported from Austria to Marshall Islands were Particle Board ($168k), Oscilloscopes ($125k), and Knitting Machine Accessories ($54.5k). During the last 5 years the exports of Austria to Marshall Islands have increased at an annualized rate of 2.14%, from $405k in 2017 to $451k in 2022.

In 2016, Marshall Islands exported $142 to Austria. There were not main exports from Marshall Islands to Austria in 2016. During the last 5 years the exports of Marshall Islands to Austria have decreased at an annualized rate of 71.8%, from $79.6k in 2021 to $142 in 2016.

Exports from Austria (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to Austria (Flag) (2022)

Latest Data

Trade between Austria (Flag) and Marshall Islands (Flag)

Austria Exports

Market Competitiveness

Color
Austria
Top DestinationGermany$57.7B
Marshall Islands
Top DestinationGermany$327M

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

In 2022, countries that imported more from Austria than Marshall Islands included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Marshall Islands than Austria included Tanzania ($41M), Rwanda ($10.3M), and Malta ($66.2M).

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

Comparative Advantage Austria - Marshall Islands

Flow
Scale

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

During 2022, Austria had a large net trade with Marshall Islands in the exports of Wood Products ($168k), Instruments ($145k), and Machines ($130k).

During 2016, Marshall Islands had a large net trade with Austria in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Austria (Flag) and Marshall Islands (Flag) (2022)

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