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Pricing

2022
Flag → Flag
Exports $9.86MRnk 173 / 224
2022
Flag → Flag
Top Product $8.47MRecreational Boats
2022
Flag → Flag
Exports $158MRnk 3 / 80
2022
Flag → Flag
Top Product $156MSpecial Purpose Ships
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

United Kingdom-Marshall Islands Trade: In 2022, United Kingdom exported $9.86M to Marshall Islands. The main products that United Kingdom exported to Marshall Islands were Recreational Boats ($8.47M), Stone Processing Machines ($431k), and Air Conditioners ($152k). Over the past 5 years the exports of United Kingdom to Marshall Islands have increased at an annualized rate of 53.5%, from $1.16M in 2017 to $9.86M in 2022.

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

Marshall Islands-United Kingdom Trade: In 2022, Marshall Islands exported $158M to United Kingdom. The main products that Marshall Islands exported to United Kingdom were Special Purpose Ships ($156M), Computers ($758k), and Optical Fibers and optical fibre bundles ($425k). Over the past 5 years the exports of Marshall Islands to United Kingdom have increased at an annualized rate of 187%,  from $811k in 2017 to $158M in 2022.

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

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, United Kingdom exported £122k and imported £92.8k from Marshall Islands, resulting in a positive trade balance of £29.4k. Between July 2023 and July 2024 the exports of United Kingdom have decreased by £-251k (-67.2%) from £373k to £122k, while imports decreased by £-99.3k (-51.7%) from £192k to £92.8k.

Trade In July 2024, the top exports of United Kingdom to Marshall Islands were Engine Parts (£1.13k). In July 2024 the top imports of United Kingdom from Marshall Islands were Buckwheat (£25k) and Live Fish (£7.34k).

Origins In July 2024 the exports of United Kingdom were mainly from East Midlands Airport (£107k), London Gateway (£9.47k), and Felixstowe (£5.02k), while imports destinations were mainly Felixstowe (£41.1k), Southampton (£34.3k), Thamesport (£12.3k), and London Heathrow Airport (£5.04k).

Growth In July 2024, the decrease in United Kingdom's year-by-year exports to Marshall Islands was explained primarily by an decrease in product exports in . In July 2024, the decrease in United Kingdom's year-by-year imports  from Marshall Islands was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)£-251k(-67.2%)
IMPORT GROWTH (July 2023 - July 2024)£-99.3k(-51.7%)
MAIN EXPORTER (July 2024)East Midlands Airport£107k

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

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

For full datasets download visit Bulk Download page.

Explore Marshall Islands and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $9.86M to Marshall Islands. The main products exported from United Kingdom to Marshall Islands were Recreational Boats ($8.47M), Stone Processing Machines ($431k), and Air Conditioners ($152k). During the last 5 years the exports of United Kingdom to Marshall Islands have increased at an annualized rate of 53.5%, from $1.16M in 2017 to $9.86M in 2022.

In 2017, Marshall Islands exported $158M to United Kingdom. The main products exported from Marshall Islands to United Kingdom were Special Purpose Ships ($156M), Computers ($758k), and Optical Fibers and optical fibre bundles ($425k). During the last 5 years the exports of Marshall Islands to United Kingdom have increased at an annualized rate of 187%, from $811k in 2022 to $158M in 2017.

Exports from United Kingdom (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationN/AN/A
Marshall Islands
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from Marshall Islands (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Marshall Islands

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Marshall Islands in the exports of Transportation ($8.48M), Machines ($902k), and Plastics and Rubbers ($157k).

During 2017, Marshall Islands had a large net trade with United Kingdom in the exports of Transportation ($156M), Machines ($1.1M), and Instruments ($480k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Marshall Islands (Flag) (2022)

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