Estonia (EST) and Marshall Islands (MHL) Trade | The Observatory of Economic Complexity

About

Estonia-Marshall Islands Trade: In 2023, Estonia exported $96.3k to Marshall Islands. The main products that Estonia exported to Marshall Islands were Refined Petroleum ($95.9k) and Beer ($413). Over the past 6 years the exports of Estonia to Marshall Islands have decreased at an annualized rate of 17.3%, from $300k in 2017 to $96.3k in 2023.

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

Marshall Islands-Estonia In N/A, Marshall Islands did not export any products to Estonia.

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

Comparison In 2023, Estonia ranked 79 in total exports ($20B). That same year, Marshall Islands ranked 164 in total exports ($917M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Estonia exported $96.3k to Marshall Islands. The main products exported from Estonia to Marshall Islands were Refined Petroleum ($95.9k) and Beer ($413). During the last 6 years the exports of Estonia to Marshall Islands have decreased at an annualized rate of 17.3%, from $300k in 2017 to $96.3k in 2023.

Marshall Islands does not register exports to Estonia.

Exports from Estonia () to Marshall Islands () (2023)

Exports from Marshall Islands () to Estonia () (2023)

Latest Data

Trade between Estonia () and Marshall Islands ()

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$2.71B

Marshall Islands
Top DestinationUnited Kingdom$150M

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

In 2023, countries that imported more from Estonia than Marshall Islands included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Marshall Islands than Estonia included Ghana ($80.2M), Cyprus ($79.5M), and Tanzania ($68.2M).

Difference in imports from Marshall Islands () and Estonia () (2023)

Comparative Advantage Estonia - Marshall Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Estonia had a large net trade with Marshall Islands in the exports of Mineral Products ($95.9k) and Foodstuffs ($413).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Estonia () to Marshall Islands () (2023)

Exports from Marshall Islands () to Estonia () (2023)

Latest Data

Trade between Estonia () and Marshall Islands ()

Estonia Exports

Market Competitiveness

Difference in imports from Marshall Islands () and Estonia () (2023)

Comparative Advantage Estonia - Marshall Islands

Economic Complexity

Competitive Landscape

Product Space of Estonia () and Marshall Islands () (2023)

Keep Exploring