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2022
Flag → Flag
Exports $223MRnk 104 / 221
2022
Flag → Flag
Top Product $114MRecreational Boats
2022
Flag → Flag
Exports $10.3MRnk 15 / 80
2022
Flag → Flag
Top Product $9.94MRecreational Boats
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

Italy-Marshall Islands Trade: In 2022, Italy exported $223M to Marshall Islands. The main products that Italy exported to Marshall Islands were Recreational Boats ($114M), Passenger and Cargo Ships ($106M), and Refined Petroleum ($1.09M). Over the past 5 years the exports of Italy to Marshall Islands have increased at an annualized rate of 44.8%, from $35.1M in 2017 to $223M in 2022.

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

Marshall Islands-Italy Trade: In 2022, Marshall Islands exported $10.3M to Italy. The main products that Marshall Islands exported to Italy were Recreational Boats ($9.94M), Boat Propellers ($260k), and Other Hand Tools ($15.9k). Over the past 5 years the exports of Marshall Islands to Italy have increased at an annualized rate of 31.3%,  from $1.16M in 2017 to $10.3M in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Marshall Islands, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Marshall Islands were N/A. In N/A the top imports of Italy from Marshall Islands were .

Growth In N/A, the N/A in Italy's year-by-year exports to Marshall Islands was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy'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

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

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

For full datasets download visit Bulk Download page.

Explore Marshall Islands and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $223M to Marshall Islands. The main products exported from Italy to Marshall Islands were Recreational Boats ($114M), Passenger and Cargo Ships ($106M), and Refined Petroleum ($1.09M). During the last 5 years the exports of Italy to Marshall Islands have increased at an annualized rate of 44.8%, from $35.1M in 2017 to $223M in 2022.

In 2017, Marshall Islands exported $10.3M to Italy. The main products exported from Marshall Islands to Italy were Recreational Boats ($9.94M), Boat Propellers ($260k), and Other Hand Tools ($15.9k). During the last 5 years the exports of Marshall Islands to Italy have increased at an annualized rate of 31.3%, from $1.16M in 2022 to $10.3M in 2017.

Exports from Italy (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Marshall Islands
Top DestinationGermany$327M

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

In 2022, countries that imported more from Italy than Marshall Islands included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, no countries were registered that imported more from Marshall Islands than from Italy.

Difference in imports from Marshall Islands (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Marshall Islands

Flow
Scale

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

During 2022, Italy had a large net trade with Marshall Islands in the exports of Transportation ($221M), Mineral Products ($1.09M), and Metals ($931k).

During 2017, Marshall Islands had a large net trade with Italy in the exports of Transportation ($9.94M), Machines ($307k), and Metals ($23.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Marshall Islands (Flag) (2022)

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