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2022
Flag → Flag
Exports $40.6kRnk 54 / 80
2022
Flag → Flag
Top Product $20.7kValves
2022
Flag → Flag
Exports $3.07MRnk 158 / 213
2022
Flag → Flag
Top Product $799kPlanes, Helicopters, and/or Spacecraft
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag  
GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH8.3%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
2022
Flag
GDP PC$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186

About

Marshall Islands-Australia Trade: In 2022, Marshall Islands exported $40.6k to Australia. The main products that Marshall Islands exported to Australia were Valves ($20.7k), Scrap Aluminium ($6.74k), and Nitrogen Heterocyclic Compounds ($5.92k). Over the past 5 years the exports of Marshall Islands to Australia have decreased at an annualized rate of 22.7%, from $147k in 2017 to $40.6k in 2022.

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

Australia-Marshall Islands Trade: In 2022, Australia exported $3.07M to Marshall Islands. The main products that Australia exported to Marshall Islands were Planes, Helicopters, and/or Spacecraft ($799k), Other Prepared Meat ($660k), and Other Heating Machinery ($274k). Over the past 5 years the exports of Australia to Marshall Islands have increased at an annualized rate of 6.03%,  from $2.04M in 2017 to $3.07M in 2022.

In 2022, Australia 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, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $40.6k to Australia. The main products exported from Marshall Islands to Australia were Valves ($20.7k), Scrap Aluminium ($6.74k), and Nitrogen Heterocyclic Compounds ($5.92k). During the last 5 years the exports of Marshall Islands to Australia have decreased at an annualized rate of 22.7%, from $147k in 2017 to $40.6k in 2022.

In 2017, Australia exported $3.07M to Marshall Islands. The main products exported from Australia to Marshall Islands were Planes, Helicopters, and/or Spacecraft ($799k), Other Prepared Meat ($660k), and Other Heating Machinery ($274k). During the last 5 years the exports of Australia to Marshall Islands have increased at an annualized rate of 6.03%, from $2.04M in 2022 to $3.07M in 2017.

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

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

Latest Data

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

Australia Exports

Market Competitiveness

Color
Marshall Islands
Top DestinationGermany$327M
Australia
Top DestinationChina$123B

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

In 2022, countries that imported more from Marshall Islands than Australia included Malta ($66.2M), Denmark ($159M), and Cyprus ($12.6M).

In 2022, countries that imported more from Australia than Marshall Islands included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Marshall Islands - Australia

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Australia in the exports of Machines ($22.9k), Metals ($6.74k), and Chemical Products ($5.92k).

During 2017, Australia had a large net trade with Marshall Islands in the exports of Transportation ($806k), Foodstuffs ($750k), and Machines ($610k).

Economic Complexity

Competitive Landscape

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

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

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