2022
Flag  
GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 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
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

In N/A, Marshall Islands did not export any services to Estonia.

Estonia-Marshall Islands Trade: In N/A, Estonia exported $26.8k to Marshall Islands. The main products that Estonia exported to Marshall Islands were Refined Petroleum ($19.6k), Nonaqueous Paints ($5.66k), and Wine ($1.19k). Over the past N/A years the exports of Estonia to Marshall Islands have decreased at an annualized rate of 38.3%,  from $300k in N/A to $26.8k in N/A.

In N/A, Estonia did not export any services to Marshall Islands.

Comparison In 2022,  Marshall Islands ranked 160 in total exports ($1.1B). That same year, Estonia ranked 74 in total exports ($23.1B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Marshall Islands does not register exports to Estonia. The main products exported from Marshall Islands to Estonia were Blank Audio Media ($901) and Iron Housewares ($27).

In 2017, Estonia exported $26.8k to Marshall Islands. The main products exported from Estonia to Marshall Islands were Refined Petroleum ($19.6k), Nonaqueous Paints ($5.66k), and Wine ($1.19k). During the last 5 years the exports of Estonia to Marshall Islands have decreased at an annualized rate of 38.3%, from $300k in 2022 to $26.8k in 2017.

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

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

Latest Data

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

Estonia Exports

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Estonia
Top Destination
Finland$3B

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

In 2022, countries that imported more from Marshall Islands than Estonia included Malta ($66.2M), Tanzania ($41M), and Indonesia ($58.1M).

In 2022, countries that imported more from Estonia than Marshall Islands included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Marshall Islands - Estonia

Flow
Scale

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

During 2017, Estonia had a large net trade with Marshall Islands in the exports of Mineral Products ($19.6k), Chemical Products ($5.66k), and Foodstuffs ($1.48k).

Economic Complexity

Competitive Landscape

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

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

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