NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $3.51BRnk 84 / 208
2023
Flag → Flag
Top Product $1.85BPassenger and Cargo Ships
2023
Flag → Flag
Exports $1.04MRnk 25 / 76
2023
Flag → Flag
Top Product $880kNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 107 / 196
2013-2023
Flag
GDP PC GROWTH81.6%CURRENT US$
Rnk 14 / 195

About

China-Marshall Islands Trade: In 2023, China exported $3.51B to Marshall Islands. The main products that China exported to Marshall Islands were Passenger and Cargo Ships ($1.85B), Refined Petroleum ($1.18B), and Boat Propellers ($172M). Over the past 5 years the exports of China to Marshall Islands have increased at an annualized rate of 10.1%, from $2.17B in 2018 to $3.51B in 2023.

In 2023, China did not export any services to Marshall Islands.

Marshall Islands-China Trade: In 2023, Marshall Islands exported $1.04M to China. The main products that Marshall Islands exported to China were Non-fillet Frozen Fish ($880k), Centrifuges ($59.9k), and Engine Parts ($54.6k). Over the past 5 years the exports of Marshall Islands to China have decreased at an annualized rate of 50%,  from $33.2M in 2018 to $1.04M in 2023.

In 2023, Marshall Islands did not export any services to China.

Comparison In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16),  and 1 in total exports ($3.42T). That same year, Marshall Islands ranked 164 in total exports ($917M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, China exported $466M and imported $1.51M from Marshall Islands, resulting in a positive trade balance of $464M. Between December 2023 and December 2024 the exports of China have increased by $211M (83.1%) from $255M to $466M, while imports increased by $1.51M (44.1k%) from $3.42k to $1.51M.

Trade In December 2024, the top exports of China to Marshall Islands were Passenger and Cargo Ships ($358M), Refined Petroleum ($193M), Machinery parts, not containing electrical connectors,... ($16.3M), Iron Structures ($4.29M), and Nonaqueous Paints ($3.58M). In December 2024 the top imports of China from Marshall Islands were Engine Parts ($24.5k), Air Pumps ($3k), Iron Pipes ($1.15k), and Valves ($800).

Origins In December 2024 the exports of China were mainly from Jiangsu Province ($213M), Zhejiang Province ($92.5M), Anhui Province ($60.8M), Fujian Province ($37M), and Beijing ($14.5M), while imports destinations were mainly Shandong Province ($1.47M), Zhejiang Province ($37.1k), and Guangdong Province ($22).

Growth In December 2024, the increase in China's year-by-year exports to Marshall Islands was explained primarily by an increase in product exports in Passenger and Cargo Ships ($254M or 244%), Refined Petroleum ($106M or 122%), and Machinery parts, not containing electrical connectors,... ($5.83M or 55.6%). In December 2024, the increase in China's year-by-year imports  from Marshall Islands was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$211M(83.1%)
IMPORT GROWTH (December 2023 - December 2024)$1.51M(44.1k%)
MAIN EXPORTER (December 2024)Jiangsu Province$213M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Marshall Islands and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Marshall Islands and China Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $3.51B to Marshall Islands. The main products exported from China to Marshall Islands were Passenger and Cargo Ships ($1.85B), Refined Petroleum ($1.18B), and Boat Propellers ($172M). During the last 5 years the exports of China to Marshall Islands have increased at an annualized rate of 10.1%, from $2.17B in 2018 to $3.51B in 2023.

In 2018, Marshall Islands exported $1.04M to China. The main products exported from Marshall Islands to China were Non-fillet Frozen Fish ($880k), Centrifuges ($59.9k), and Engine Parts ($54.6k). During the last 5 years the exports of Marshall Islands to China have decreased at an annualized rate of 50%, from $33.2M in 2023 to $1.04M in 2018.

Exports from China (Flag) to Marshall Islands (Flag) (2023)

Exports from Marshall Islands (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Marshall Islands
Top DestinationUnited Kingdom$150M

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

In 2023, countries that imported more from China than Marshall Islands included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Marshall Islands than from China.

Difference in imports from Marshall Islands (Flag) and China (Flag) (2023)

Comparative Advantage China - Marshall Islands

Flow
Scale

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

During 2023, China had a large net trade with Marshall Islands in the exports of Transportation ($1.86B), Mineral Products ($1.18B), and Machines ($309M).

During 2018, Marshall Islands had a large net trade with China in the exports of Animal Products ($880k), Machines ($150k), and Metals ($3.9k).

Economic Complexity

Competitive Landscape

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

Product Space of China (Flag) and Marshall Islands (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms