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2023
Flag → Flag
Exports $3.25MRnk 21 / 76
2023
Flag → Flag
Top Product $2.49MWood Carpentry
2023
Flag → Flag
Exports $1.42MRnk 203 / 224
2023
Flag → Flag
Top Product $220kEngine Parts
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC $6,678CURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP PC GROWTH81.6%CURRENT US$
Rnk 14 / 195
2023
Flag
GDP PC$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Marshall Islands-Netherlands Trade: In 2023, Marshall Islands exported $3.25M to Netherlands. The main products that Marshall Islands exported to Netherlands were Wood Carpentry ($2.49M), Woodworking machines ($455k), and Live Fish ($117k). Over the past 5 years the exports of Marshall Islands to Netherlands have decreased at an annualized rate of 43.3%, from $55.5M in 2018 to $3.25M in 2023.

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

Netherlands-Marshall Islands Trade: In 2023, Netherlands exported $1.42M to Marshall Islands. The main products that Netherlands exported to Marshall Islands were Engine Parts ($220k), Air Pumps ($201k), and Nonaqueous Paints ($139k). Over the past 5 years the exports of Netherlands to Marshall Islands have decreased at an annualized rate of 50.9%,  from $101M in 2018 to $1.42M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Marshall Islands exported $3.25M to Netherlands. The main products exported from Marshall Islands to Netherlands were Wood Carpentry ($2.49M), Woodworking machines ($455k), and Live Fish ($117k). During the last 5 years the exports of Marshall Islands to Netherlands have decreased at an annualized rate of 43.3%, from $55.5M in 2018 to $3.25M in 2023.

In 2018, Netherlands exported $1.42M to Marshall Islands. The main products exported from Netherlands to Marshall Islands were Engine Parts ($220k), Air Pumps ($201k), and Nonaqueous Paints ($139k). During the last 5 years the exports of Netherlands to Marshall Islands have decreased at an annualized rate of 50.9%, from $101M in 2023 to $1.42M in 2018.

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

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

Latest Data

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

Netherlands Exports

Market Competitiveness

Color
Marshall Islands
Top DestinationUnited Kingdom$150M
Netherlands
Top DestinationGermany$96.9B

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

In 2023, no countries were registered that imported more from Marshall Islands than from Netherlands.

In 2023, countries that imported more from Netherlands than Marshall Islands included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Marshall Islands - Netherlands

Flow
Scale

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

During 2023, Marshall Islands had a large net trade with Netherlands in the exports of Wood Products ($2.49M), Machines ($571k), and Animal Products ($117k).

During 2018, Netherlands had a large net trade with Marshall Islands in the exports of Machines ($888k), Chemical Products ($291k), and Instruments ($96.1k).

Economic Complexity

Competitive Landscape

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

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

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