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2022
Flag → Flag
Exports $7.8kRnk 61 / 80
2022
Flag → Flag
Top Product $4.4kValves
2022
Flag → Flag
Exports $30.6kRnk 192 / 205
2022
Flag → Flag
Top Product $19.1kGas Turbines
2022
Flag
Economic Complexity (ECI) ECI 1.55Rnk 7 / 133
2022
Flag  
GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH39.3%CURRENT US$
Rnk 83 / 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$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH39.1%CURRENT US$
Rnk 51 / 186

About

Marshall Islands-Czechia Trade: In 2022, Marshall Islands exported $7.8k to Czechia. The main products that Marshall Islands exported to Czechia were Valves ($4.4k), Iron Pipe Fittings ($2.66k), and Rubber Footwear ($642). Over the past 5 years the exports of Marshall Islands to Czechia have decreased at an annualized rate of 26%, from $35.2k in 2017 to $7.8k in 2022.

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

Czechia-Marshall Islands Trade: In 2022, Czechia exported $30.6k to Marshall Islands. The main products that Czechia exported to Marshall Islands were Gas Turbines ($19.1k), Transmissions ($7.23k), and Air Pumps ($2.43k). Over the past 5 years the exports of Czechia to Marshall Islands have increased at an annualized rate of 55.2%,  from $3.4k in 2017 to $30.6k in 2022.

In 2022, Czechia 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, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $7.8k to Czechia. The main products exported from Marshall Islands to Czechia were Valves ($4.4k), Iron Pipe Fittings ($2.66k), and Rubber Footwear ($642). During the last 5 years the exports of Marshall Islands to Czechia have decreased at an annualized rate of 26%, from $35.2k in 2017 to $7.8k in 2022.

In 2017, Czechia exported $30.6k to Marshall Islands. The main products exported from Czechia to Marshall Islands were Gas Turbines ($19.1k), Transmissions ($7.23k), and Air Pumps ($2.43k). During the last 5 years the exports of Czechia to Marshall Islands have increased at an annualized rate of 55.2%, from $3.4k in 2022 to $30.6k in 2017.

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

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

Latest Data

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

Czechia Exports

Market Competitiveness

Color
Marshall Islands
Top DestinationGermany$327M
Czechia
Top DestinationGermany$75.3B

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

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

In 2022, countries that imported more from Czechia than Marshall Islands included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Marshall Islands - Czechia

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Czechia in the exports of Machines ($4.42k), Metals ($2.66k), and Footwear and Headwear ($682).

During 2017, Czechia had a large net trade with Marshall Islands in the exports of Machines ($30.3k), Plastics and Rubbers ($163), and Metals ($80).

Economic Complexity

Competitive Landscape

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

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

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