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2022
Flag → Flag
Exports $623Rnk 73 / 80
2022
Flag → Flag
Top Product $623Centrifuges
2022
Flag → Flag
Exports $48.3MRnk 62 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag  
GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 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$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Marshall Islands-Colombia Trade: In 2022, Marshall Islands exported $623 to Colombia. The main products that Marshall Islands exported to Colombia were Centrifuges ($623). Over the past 16 years the exports of Marshall Islands to Colombia have decreased at an annualized rate of 7.66%, from $2.23k in 2006 to $623 in 2022.

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

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

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $623 to Colombia. The main products exported from Marshall Islands to Colombia were Centrifuges ($623). During the last 16 years the exports of Marshall Islands to Colombia have decreased at an annualized rate of 7.66%, from $2.23k in 2006 to $623 in 2022.

Colombia does not register exports to Marshall Islands.

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

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

Latest Data

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

Colombia Exports

Date

Market Competitiveness

Color
Marshall Islands
Top DestinationGermany$327M
Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Marshall Islands than Colombia included Malta ($66.2M), Denmark ($159M), and Tanzania ($41M).

In 2022, countries that imported more from Colombia than Marshall Islands included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Marshall Islands - Colombia

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Colombia in the exports of Machines ($623).

Economic Complexity

Competitive Landscape

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

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

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