Marshall Islands (MHL) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

About

Marshall Islands-New Zealand Trade: In 2022, Marshall Islands exported $3.73k to New Zealand. The main products that Marshall Islands exported to New Zealand were Polycarboxylic Acids ($3.39k), Electrical Control Boards ($311), and Knit T-shirts ($27). Over the past 5 years the exports of Marshall Islands to New Zealand have decreased at an annualized rate of 25.2%, from $15.9k in 2017 to $3.73k in 2022.

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

New Zealand-Marshall Islands Trade: In 2022, New Zealand exported $5.31M to Marshall Islands. The main products that New Zealand exported to Marshall Islands were Refined Petroleum ($2.28M), Sawn Wood ($586k), and Small Iron Containers ($350k). Over the past 5 years the exports of New Zealand to Marshall Islands have increased at an annualized rate of 5.23%, from $4.11M in 2017 to $5.31M in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Marshall Islands exported $3.73k to New Zealand. The main products exported from Marshall Islands to New Zealand were Polycarboxylic Acids ($3.39k), Electrical Control Boards ($311), and Knit T-shirts ($27). During the last 5 years the exports of Marshall Islands to New Zealand have decreased at an annualized rate of 25.2%, from $15.9k in 2017 to $3.73k in 2022.

In 2017, New Zealand exported $5.31M to Marshall Islands. The main products exported from New Zealand to Marshall Islands were Refined Petroleum ($2.28M), Sawn Wood ($586k), and Small Iron Containers ($350k). During the last 5 years the exports of New Zealand to Marshall Islands have increased at an annualized rate of 5.23%, from $4.11M in 2022 to $5.31M in 2017.

Exports from Marshall Islands () to New Zealand () (2022)

Exports from New Zealand () to Marshall Islands () (2022)

Latest Data

Trade between Marshall Islands () and New Zealand ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Marshall Islands
Top DestinationGermany$327M

New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from Marshall Islands than New Zealand included Malta ($66.2M), Tanzania ($41M), and Rwanda ($10.3M).

In 2022, countries that imported more from New Zealand than Marshall Islands included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand () and Marshall Islands () (2022)

Comparative Advantage Marshall Islands - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Marshall Islands had a large net trade with New Zealand in the exports of Chemical Products ($3.39k), Machines ($311), and Textiles ($27).

During 2017, New Zealand had a large net trade with Marshall Islands in the exports of Mineral Products ($2.34M), Wood Products ($846k), and Metals ($417k).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Marshall Islands () to New Zealand () (2022)

Exports from New Zealand () to Marshall Islands () (2022)

Latest Data

Trade between Marshall Islands () and New Zealand ()

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Marshall Islands () (2022)

Comparative Advantage Marshall Islands - New Zealand

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Marshall Islands () and New Zealand () (2022)

Keep Exploring