2022
Flag  
GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC 
$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

In N/A, Marshall Islands did not export any services to Armenia.

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

In N/A, Armenia did not export any services to Marshall Islands.

Comparison In 2022,  Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value
Year

Marshall Islands does not register exports to Armenia. The main products exported from Marshall Islands to Armenia were Motor vehicles; parts and accessories (8701 to 8705) ($1.71k), Liquid Pumps ($746), and Transmissions ($530).

Armenia does not register exports to Marshall Islands.

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

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

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Armenia
Top Destination
Russia$2.36B

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

In 2022, countries that imported more from Marshall Islands than Armenia included Germany ($327M), Denmark ($159M), and United Kingdom ($158M).

In 2022, countries that imported more from Armenia than Marshall Islands included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

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

Comparative Advantage Marshall Islands - Armenia

Flow
Scale
Year

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

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Marshall Islands and Armenia. This means that a dot/product with the flag of Marshall Islands indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over Marshall Islands.

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

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