2022
Flag  
GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
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
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Marshall Islands-Ecuador Trade: In 2022, Marshall Islands exported $162k to Ecuador. The main products that Marshall Islands exported to Ecuador were Non-fillet Frozen Fish ($114k) and Other Inedible Animal Products ($47.8k). Over the past 9 years the exports of Marshall Islands to Ecuador have increased at an annualized rate of 84.5%, from $651 in 2013 to $162k in 2022.

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

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

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $162k to Ecuador. The main products exported from Marshall Islands to Ecuador were Non-fillet Frozen Fish ($114k) and Other Inedible Animal Products ($47.8k). During the last 9 years the exports of Marshall Islands to Ecuador have increased at an annualized rate of 84.5%, from $651 in 2013 to $162k in 2022.

Ecuador does not register exports to Marshall Islands.

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

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

Latest Data

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

Ecuador Exports

Date

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Ecuador
Top Destination
United States$9.86B

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

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

In 2022, countries that imported more from Ecuador than Marshall Islands included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Marshall Islands - Ecuador

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Ecuador in the exports of Animal Products ($162k).

Economic Complexity

Competitive Landscape

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

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

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