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Pricing

2022
Flag → Flag
Exports $5.87MRnk 19 / 80
2022
Flag → Flag
Top Product $5.66MNon-fillet Frozen Fish
2022
Flag → Flag
Exports $1.23BRnk 47 / 211
2022
Flag → Flag
Top Product $1.19BPassenger and Cargo Ships
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
Flag  
GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC $6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Marshall Islands-Japan Trade: In 2022, Marshall Islands exported $5.87M to Japan. The main products that Marshall Islands exported to Japan were Non-fillet Frozen Fish ($5.66M), Live Fish ($117k), and Non-fillet Fresh Fish ($89.9k). Over the past 5 years the exports of Marshall Islands to Japan have decreased at an annualized rate of 5.18%, from $7.67M in 2017 to $5.87M in 2022.

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

Japan-Marshall Islands Trade: In 2022, Japan exported $1.23B to Marshall Islands. The main products that Japan exported to Marshall Islands were Passenger and Cargo Ships ($1.19B), Engine Parts ($10.1M), and Liquid Pumps ($3.7M). Over the past 5 years the exports of Japan to Marshall Islands have decreased at an annualized rate of 1.4%,  from $1.33B in 2017 to $1.23B in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $5.87M to Japan. The main products exported from Marshall Islands to Japan were Non-fillet Frozen Fish ($5.66M), Live Fish ($117k), and Non-fillet Fresh Fish ($89.9k). During the last 5 years the exports of Marshall Islands to Japan have decreased at an annualized rate of 5.18%, from $7.67M in 2017 to $5.87M in 2022.

In 2017, Japan exported $1.23B to Marshall Islands. The main products exported from Japan to Marshall Islands were Passenger and Cargo Ships ($1.19B), Engine Parts ($10.1M), and Liquid Pumps ($3.7M). During the last 5 years the exports of Japan to Marshall Islands have decreased at an annualized rate of 1.4%, from $1.33B in 2022 to $1.23B in 2017.

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

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

Latest Data

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

Japan Exports

Market Competitiveness

Color
Marshall Islands
Top DestinationGermany$327M
Japan
Top DestinationUnited States$137B

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

In 2022, no countries were registered that imported more from Marshall Islands than from Japan.

In 2022, countries that imported more from Japan than Marshall Islands included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage Marshall Islands - Japan

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Japan in the exports of Animal Products ($5.87M), Metals ($3.94k), and Mineral Products ($1.96k).

During 2017, Japan had a large net trade with Marshall Islands in the exports of Transportation ($1.19B), Machines ($31.9M), and Plastics and Rubbers ($2.59M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Marshall Islands Japan+N/AN/A
Top Product Potential Japan Marshall Islands+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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