Sign In
Pricing

2022
Flag → Flag
Exports $384Rnk 74 / 80
2022
Flag → Flag
Top Product $381Trunks and Cases
2022
Flag → Flag
Exports $346kRnk 199 / 222
2022
Flag → Flag
Top Product $115kCombustion Engines
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 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$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186

About

Marshall Islands-Belgium Trade: In 2022, Marshall Islands exported $384 to Belgium. The main products that Marshall Islands exported to Belgium were Trunks and Cases ($381) and Refined Petroleum ($3). Over the past 7 years the exports of Marshall Islands to Belgium have increased at an annualized rate of 33.4%, from $51 in 2015 to $384 in 2022.

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

Belgium-Marshall Islands Trade: In 2022, Belgium exported $346k to Marshall Islands. The main products that Belgium exported to Marshall Islands were Combustion Engines ($115k), Petroleum Gas ($98.2k), and Other Agricultural Machinery ($37.5k). Over the past 7 years the exports of Belgium to Marshall Islands have increased at an annualized rate of 8.32%,  from $232k in 2015 to $346k in 2022.

In 2022, Belgium 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, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $384 to Belgium. The main products exported from Marshall Islands to Belgium were Trunks and Cases ($381) and Refined Petroleum ($3). During the last 7 years the exports of Marshall Islands to Belgium have increased at an annualized rate of 33.4%, from $51 in 2015 to $384 in 2022.

In 2017, Belgium exported $346k to Marshall Islands. The main products exported from Belgium to Marshall Islands were Combustion Engines ($115k), Petroleum Gas ($98.2k), and Other Agricultural Machinery ($37.5k). During the last 5 years the exports of Belgium to Marshall Islands have increased at an annualized rate of 8.32%, from $232k in 2022 to $346k in 2017.

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

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

Latest Data

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

Belgium Exports

Market Competitiveness

Color
Marshall Islands
Top DestinationGermany$327M
Belgium
Top DestinationGermany$91.9B

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

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

In 2022, countries that imported more from Belgium than Marshall Islands included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Marshall Islands - Belgium

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Belgium in the exports of Animal Hides ($381) and Mineral Products ($3).

During 2017, Belgium had a large net trade with Marshall Islands in the exports of Machines ($207k), Mineral Products ($100k), and Miscellaneous ($26.4k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms