Marshall Islands (MHL) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Marshall Islands-Greece Trade: In 2022, Marshall Islands exported $10.5M to Greece. The main products that Marshall Islands exported to Greece were Recreational Boats ($8.17M), Tug Boats ($2.07M), and Engine Parts ($132k). Over the past 5 years the exports of Marshall Islands to Greece have decreased at an annualized rate of 14.9%, from $23.6M in 2017 to $10.5M in 2022.

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

Greece-Marshall Islands Trade: In 2022, Greece exported $203M to Marshall Islands. The main products that Greece exported to Marshall Islands were Refined Petroleum ($139M), Engine Parts ($19.2M), and Nonaqueous Paints ($9.6M). Over the past 5 years the exports of Greece to Marshall Islands have increased at an annualized rate of 17%, from $92.7M in 2017 to $203M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Marshall Islands exported $10.5M to Greece. The main products exported from Marshall Islands to Greece were Recreational Boats ($8.17M), Tug Boats ($2.07M), and Engine Parts ($132k). During the last 5 years the exports of Marshall Islands to Greece have decreased at an annualized rate of 14.9%, from $23.6M in 2017 to $10.5M in 2022.

In 2017, Greece exported $203M to Marshall Islands. The main products exported from Greece to Marshall Islands were Refined Petroleum ($139M), Engine Parts ($19.2M), and Nonaqueous Paints ($9.6M). During the last 5 years the exports of Greece to Marshall Islands have increased at an annualized rate of 17%, from $92.7M in 2022 to $203M in 2017.

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

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

Latest Data

Trade between Marshall Islands () and Greece ()

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Marshall Islands
Top DestinationGermany$327M

Greece
Top DestinationItaly$5.82B

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

In 2022, countries that imported more from Greece than Marshall Islands included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Comparative Advantage Marshall Islands - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Marshall Islands had a large net trade with Greece in the exports of Transportation ($10.3M), Machines ($139k), and Metals ($48k).

During 2017, Greece had a large net trade with Marshall Islands in the exports of Mineral Products ($139M), Machines ($32.6M), and Chemical Products ($12.9M).

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 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.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Marshall Islands () and Greece ()

Greece Exports

Market Competitiveness

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

Comparative Advantage Marshall Islands - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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