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2023
Flag → Flag
Exports $57.4MRnk 117 / 213
2023
Flag → Flag
Top Product $45.5MRefined Petroleum
2023
Flag → Flag
Exports $70.7MRnk 6 / 76
2023
Flag → Flag
Top Product $69.5MPassenger and Cargo Ships
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag  
GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
 GDP$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
GDP PC $4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 107 / 196
2013-2023
Flag
GDP PC GROWTH81.6%CURRENT US$
Rnk 14 / 195

About

Indonesia-Marshall Islands Trade: In 2023, Indonesia exported $57.4M to Marshall Islands. The main products that Indonesia exported to Marshall Islands were Refined Petroleum ($45.5M), Chemical Analysis Instruments ($8.26M), and Other Vegetable Residues ($2.48M). Over the past 5 years the exports of Indonesia to Marshall Islands have increased at an annualized rate of 108%, from $1.48M in 2018 to $57.4M in 2023.

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

Marshall Islands-Indonesia Trade: In 2023, Marshall Islands exported $70.7M to Indonesia. The main products that Marshall Islands exported to Indonesia were Passenger and Cargo Ships ($69.5M), Heavy Pure Woven Cotton ($343k), and Light Pure Woven Cotton ($123k). Over the past 5 years the exports of Marshall Islands to Indonesia have increased at an annualized rate of 4.37%,  from $57.1M in 2018 to $70.7M in 2023.

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

Comparison In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085),  and 27 in total exports ($299B). 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, Indonesia exported $57.4M to Marshall Islands. The main products exported from Indonesia to Marshall Islands were Refined Petroleum ($45.5M), Chemical Analysis Instruments ($8.26M), and Other Vegetable Residues ($2.48M). During the last 5 years the exports of Indonesia to Marshall Islands have increased at an annualized rate of 108%, from $1.48M in 2018 to $57.4M in 2023.

In 2018, Marshall Islands exported $70.7M to Indonesia. The main products exported from Marshall Islands to Indonesia were Passenger and Cargo Ships ($69.5M), Heavy Pure Woven Cotton ($343k), and Light Pure Woven Cotton ($123k). During the last 5 years the exports of Marshall Islands to Indonesia have increased at an annualized rate of 4.37%, from $57.1M in 2023 to $70.7M in 2018.

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

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

Latest Data

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

Indonesia Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$70.7B
Marshall Islands
Top DestinationUnited Kingdom$150M

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

In 2023, countries that imported more from Indonesia than Marshall Islands included China ($70.7B), United States ($27.9B), and India ($24B).

In 2023, countries that imported more from Marshall Islands than Indonesia included Cyprus ($79.5M).

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

Comparative Advantage Indonesia - Marshall Islands

Flow
Scale

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

During 2023, Indonesia had a large net trade with Marshall Islands in the exports of Mineral Products ($45.5M), Instruments ($8.26M), and Foodstuffs ($2.83M).

During 2018, Marshall Islands had a large net trade with Indonesia in the exports of Transportation ($69.5M), Textiles ($698k), and Metals ($132k).

Economic Complexity

Competitive Landscape

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

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

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