2023
Flag  
GDP
$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH
39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
 GDP
$243BCURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP GROWTH
2.93%CURRENT US$
Rnk 166 / 195
2023
Flag
GDP PC 
$6,678CURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP PC GROWTH
81.6%CURRENT US$
Rnk 14 / 195
2023
Flag
GDP PC
$23,401CURRENT US$
Rnk 53 / 196
2013-2023
Flag
GDP PC GROWTH
8.47%CURRENT US$
Rnk 139 / 195

About

Marshall Islands-Greece Trade: In 2023, Marshall Islands exported $906k to Greece. The main products that Marshall Islands exported to Greece were Recreational Boats ($704k), Engine Parts ($82.2k), and Centrifuges ($43k). Over the past 5 years the exports of Marshall Islands to Greece have decreased at an annualized rate of 46.6%, from $20.9M in 2018 to $906k in 2023.

In 2023, Marshall Islands did not export any services to Greece.

Greece-Marshall Islands Trade: In 2023, Greece exported $195M to Marshall Islands. The main products that Greece exported to Marshall Islands were Refined Petroleum ($118M), Recreational Boats ($22M), and Engine Parts ($15.2M). Over the past 5 years the exports of Greece to Marshall Islands have increased at an annualized rate of 9.4%,  from $114M in 2018 to $195M in 2023.

In 2023, Greece did not export any services to Marshall Islands.

Comparison In 2023,  Marshall Islands ranked 164 in total exports ($917M), and does not have data regarding Economic Complexity Index. That same year, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Marshall Islands exported $906k to Greece. The main products exported from Marshall Islands to Greece were Recreational Boats ($704k), Engine Parts ($82.2k), and Centrifuges ($43k). During the last 5 years the exports of Marshall Islands to Greece have decreased at an annualized rate of 46.6%, from $20.9M in 2018 to $906k in 2023.

In 2018, Greece exported $195M to Marshall Islands. The main products exported from Greece to Marshall Islands were Refined Petroleum ($118M), Recreational Boats ($22M), and Engine Parts ($15.2M). During the last 5 years the exports of Greece to Marshall Islands have increased at an annualized rate of 9.4%, from $114M in 2023 to $195M in 2018.

Exports from Marshall Islands (Flag) to Greece (Flag) (2023)

Exports from Greece (Flag) to Marshall Islands (Flag) (2023)

Latest Data

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

Greece Exports

Market Competitiveness

Color
Marshall Islands
Top Destination
United Kingdom$150M
Greece
Top Destination
Italy$6.21B

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

In 2023, countries that imported more from Marshall Islands than Greece included Tanzania ($68.2M), Ghana ($80.2M), and Jamaica ($18.3M).

In 2023, countries that imported more from Greece than Marshall Islands included Italy ($6.21B), Cyprus ($3.03B), and Germany ($3.06B).

Difference in imports from Greece (Flag) and Marshall Islands (Flag) (2023)

Comparative Advantage Marshall Islands - Greece

Flow
Scale

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

During 2023, Marshall Islands had a large net trade with Greece in the exports of Transportation ($705k), Machines ($154k), and Metals ($37.5k).

During 2018, Greece had a large net trade with Marshall Islands in the exports of Mineral Products ($118M), Machines ($26.6M), and Transportation ($24.9M).

Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and Greece (Flag) (2023)

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