Marshall Islands (MHL) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Ecuador () (2022)

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

Latest Data

Trade between Marshall Islands () and Ecuador ()

Ecuador Exports

Date

Apr 2018

Jul 2016

Nov 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Marshall Islands
Top DestinationGermany$327M

Ecuador
Top DestinationUnited 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 () and Marshall Islands () (2022)

Comparative Advantage Marshall Islands - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Marshall Islands () and Ecuador ()

Ecuador Exports

Market Competitiveness

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

Comparative Advantage Marshall Islands - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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