2022
Flag  
GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 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
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

Marshall Islands-Portugal Trade: In 2022, Marshall Islands exported $73.1k to Portugal. The main products that Marshall Islands exported to Portugal were Live Fish ($44.3k), Scrap Iron ($23.7k), and Other Floating Structures ($2.21k). Over the past 5 years the exports of Marshall Islands to Portugal have increased at an annualized rate of 13.4%, from $39k in 2017 to $73.1k in 2022.

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

Portugal-Marshall Islands Trade: In 2022, Portugal exported $343k to Marshall Islands. The main products that Portugal exported to Marshall Islands were Stranded Iron Wire ($235k), Petroleum Gas ($81.7k), and Engine Parts ($9.64k). Over the past 5 years the exports of Portugal to Marshall Islands have decreased at an annualized rate of 15.2%,  from $782k in 2017 to $343k in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $73.1k to Portugal. The main products exported from Marshall Islands to Portugal were Live Fish ($44.3k), Scrap Iron ($23.7k), and Other Floating Structures ($2.21k). During the last 5 years the exports of Marshall Islands to Portugal have increased at an annualized rate of 13.4%, from $39k in 2017 to $73.1k in 2022.

In 2017, Portugal exported $343k to Marshall Islands. The main products exported from Portugal to Marshall Islands were Stranded Iron Wire ($235k), Petroleum Gas ($81.7k), and Engine Parts ($9.64k). During the last 5 years the exports of Portugal to Marshall Islands have decreased at an annualized rate of 15.2%, from $782k in 2022 to $343k in 2017.

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

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

Latest Data

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

Portugal Exports

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Portugal
Top Destination
Spain$20.5B

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

In 2022, countries that imported more from Marshall Islands than Portugal included Tanzania ($41M), Indonesia ($58.1M), and Malta ($66.2M).

In 2022, countries that imported more from Portugal than Marshall Islands included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Marshall Islands - Portugal

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Portugal in the exports of Animal Products ($44.3k), Metals ($23.7k), and Machines ($2.22k).

During 2017, Portugal had a large net trade with Marshall Islands in the exports of Metals ($235k), Mineral Products ($81.7k), and Machines ($17.5k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with