2022
Flag  
GDP
$280MCURRENT US$
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2012-2022
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GDP GROWTH
55.5%CURRENT US$
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2022
Flag
 GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
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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
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH
-27.7%CURRENT US$
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About

Marshall Islands-Brazil Trade: In 2022, Marshall Islands exported $74.1k to Brazil. The main products that Marshall Islands exported to Brazil were Sodium or Potassium Peroxides ($30.3k), Other Inorganic Acids ($22.1k), and Valves ($14.5k). Over the past 5 years the exports of Marshall Islands to Brazil have increased at an annualized rate of 6.91%, from $53.1k in 2017 to $74.1k in 2022.

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

Brazil-Marshall Islands Trade: In 2022, Brazil exported $424M to Marshall Islands. The main products that Brazil exported to Marshall Islands were Refined Petroleum ($409M), Pig Meat ($600k), and Frozen Bovine Meat ($594k). Over the past 5 years the exports of Brazil to Marshall Islands have increased at an annualized rate of 657%,  from $17k in 2017 to $424M in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $74.1k to Brazil. The main products exported from Marshall Islands to Brazil were Sodium or Potassium Peroxides ($30.3k), Other Inorganic Acids ($22.1k), and Valves ($14.5k). During the last 5 years the exports of Marshall Islands to Brazil have increased at an annualized rate of 6.91%, from $53.1k in 2017 to $74.1k in 2022.

In 2017, Brazil exported $424M to Marshall Islands. The main products exported from Brazil to Marshall Islands were Refined Petroleum ($409M), Pig Meat ($600k), and Frozen Bovine Meat ($594k). During the last 5 years the exports of Brazil to Marshall Islands have increased at an annualized rate of 657%, from $17k in 2022 to $424M in 2017.

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

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

Latest Data

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

Brazil Exports

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Brazil
Top Destination
China$90.1B

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

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

In 2022, countries that imported more from Brazil than Marshall Islands included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Marshall Islands - Brazil

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Brazil in the exports of Chemical Products ($52.4k), Machines ($14.5k), and Animal Products ($7.26k).

During 2017, Brazil had a large net trade with Marshall Islands in the exports of Mineral Products ($409M), Animal Products ($3.93M), and Foodstuffs ($3.22M).

Economic Complexity

Competitive Landscape

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

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

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