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2021
Flag → Flag
Exports $142Rnk 124 / 0
2021
Flag → Flag
Exports $451kRnk 187 / 217
2021
Flag → Flag
Top Product $168kParticle Board
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag  
GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 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$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

Marshall Islands-Austria Trade: In 2021, Marshall Islands exported $142 to Austria. The main products that Marshall Islands exported to Austria were N/A. Over the past 11 years the exports of Marshall Islands to Austria have decreased at an annualized rate of 57.8%, from $1.86M in 2010 to $142 in 2021.

In 2021, Marshall Islands did not export any services to Austria.

Austria-Marshall Islands Trade: In 2021, Austria exported $451k to Marshall Islands. The main products that Austria exported to Marshall Islands were Particle Board ($168k), Oscilloscopes ($125k), and Knitting Machine Accessories ($54.5k). Over the past 11 years the exports of Austria to Marshall Islands have increased at an annualized rate of 2.14%,  from $405k in 2010 to $451k in 2021.

In 2021, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Marshall Islands exported $142 to Austria. There were not main exports from Marshall Islands to Austria in 2021. During the last 11 years the exports of Marshall Islands to Austria have decreased at an annualized rate of 57.8%, from $1.86M in 2010 to $142 in 2021.

In 2017, Austria exported $451k to Marshall Islands. The main products exported from Austria to Marshall Islands were Particle Board ($168k), Oscilloscopes ($125k), and Knitting Machine Accessories ($54.5k). During the last 5 years the exports of Austria to Marshall Islands have increased at an annualized rate of 2.14%, from $405k in 2022 to $451k in 2017.

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

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

Latest Data

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

Austria Exports

Market Competitiveness

Color
Marshall Islands
Top DestinationGermany$327M
Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from Marshall Islands than Austria included Tanzania ($41M), Rwanda ($10.3M), and Malta ($66.2M).

In 2022, countries that imported more from Austria than Marshall Islands included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

Comparative Advantage Marshall Islands - Austria

Flow
Scale

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

During 2021, Marshall Islands had a large net trade with Austria in the exports of .

During 2017, Austria had a large net trade with Marshall Islands in the exports of Wood Products ($168k), Instruments ($145k), and Machines ($130k).

Economic Complexity

Competitive Landscape

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

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

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