2022
Flag  
GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 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
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Marshall Islands-Ireland Trade: In 2022, Marshall Islands exported $68 to Ireland. The main products that Marshall Islands exported to Ireland were Other Inorganic Acids Salts ($68). Over the past 7 years the exports of Marshall Islands to Ireland have decreased at an annualized rate of 64.1%, from $87.7k in 2015 to $68 in 2022.

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

Ireland-Marshall Islands Trade: In 2022, Ireland exported $243k to Marshall Islands. The main products that Ireland exported to Marshall Islands were Hand-Woven Rugs ($243k). Over the past 7 years the exports of Ireland to Marshall Islands have decreased at an annualized rate of 9.88%,  from $454k in 2015 to $243k in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $68 to Ireland. The main products exported from Marshall Islands to Ireland were Other Inorganic Acids Salts ($68). During the last 7 years the exports of Marshall Islands to Ireland have decreased at an annualized rate of 64.1%, from $87.7k in 2015 to $68 in 2022.

In 2017, Ireland exported $243k to Marshall Islands. The main products exported from Ireland to Marshall Islands were Hand-Woven Rugs ($243k). During the last 5 years the exports of Ireland to Marshall Islands have decreased at an annualized rate of 9.88%, from $454k in 2022 to $243k in 2017.

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

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

Latest Data

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

Ireland Exports

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Ireland
Top Destination
United States$70.7B

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

In 2022, countries that imported more from Marshall Islands than Ireland included Rwanda ($10.3M).

In 2022, countries that imported more from Ireland than Marshall Islands included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

Comparative Advantage Marshall Islands - Ireland

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Ireland in the exports of Chemical Products ($68).

During 2017, Ireland had a large net trade with Marshall Islands in the exports of Textiles ($243k).

Economic Complexity

Competitive Landscape

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

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

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