2023
Flag  
GDP
$343BCURRENT US$
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2013-2023
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GDP GROWTH
61.1%CURRENT US$
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2023
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 GDP
$259MCURRENT US$
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2013-2023
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GDP GROWTH
39.1%CURRENT US$
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2023
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GDP PC 
$31,591CURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP PC GROWTH
55.9%CURRENT US$
Rnk 36 / 195
2023
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GDP PC
$6,678CURRENT US$
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2013-2023
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GDP PC GROWTH
81.6%CURRENT US$
Rnk 14 / 195

About

Czechia-Marshall Islands Trade: In 2023, Czechia exported $23.6k to Marshall Islands. The main products that Czechia exported to Marshall Islands were Engine Parts ($8.3k), Transmissions ($7.78k), and Air Pumps ($5.05k). Over the past 7 years the exports of Czechia to Marshall Islands have decreased at an annualized rate of 12.8%, from $61.5k in 2016 to $23.6k in 2023.

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

Marshall Islands-Czechia Trade: In 2023, Marshall Islands exported $33 to Czechia. The main products that Marshall Islands exported to Czechia were Rubber Footwear ($33). Over the past 7 years the exports of Marshall Islands to Czechia have decreased at an annualized rate of 74.5%,  from $30.6k in 2016 to $33 in 2023.

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

Comparison In 2023,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.6),  and 30 in total exports ($224B). That same year, Marshall Islands ranked 164 in total exports ($917M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Czechia exported $23.6k to Marshall Islands. The main products exported from Czechia to Marshall Islands were Engine Parts ($8.3k), Transmissions ($7.78k), and Air Pumps ($5.05k). During the last 7 years the exports of Czechia to Marshall Islands have decreased at an annualized rate of 12.8%, from $61.5k in 2016 to $23.6k in 2023.

In 2018, Marshall Islands exported $33 to Czechia. The main products exported from Marshall Islands to Czechia were Rubber Footwear ($33). During the last 5 years the exports of Marshall Islands to Czechia have decreased at an annualized rate of 74.5%, from $30.6k in 2023 to $33 in 2018.

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

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

Latest Data

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

Czechia Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$64.2B
Marshall Islands
Top Destination
United Kingdom$150M

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

In 2023, countries that imported more from Czechia than Marshall Islands included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Marshall Islands than Czechia included Ghana ($80.2M), Tanzania ($68.2M), and Jamaica ($18.3M).

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

Comparative Advantage Czechia - Marshall Islands

Flow
Scale

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

During 2023, Czechia had a large net trade with Marshall Islands in the exports of Machines ($22.2k), Metals ($957), and Paper Goods ($278).

During 2018, Marshall Islands had a large net trade with Czechia in the exports of Footwear and Headwear ($33).

Economic Complexity

Competitive Landscape

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

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

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