2023
Flag  
GDP
$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH
39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
 GDP
$351BCURRENT US$
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2013-2023
Flag
GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC 
$6,678CURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP PC GROWTH
81.6%CURRENT US$
Rnk 14 / 195
2023
Flag
GDP PC
$18,404CURRENT US$
Rnk 66 / 196
2013-2023
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GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195

About

Marshall Islands-Romania Trade: In 2023, Marshall Islands exported $14 to Romania. The main products that Marshall Islands exported to Romania were Trunks and Cases ($14). Over the past 12 years the exports of Marshall Islands to Romania have decreased at an annualized rate of 33.2%, from $1.76k in 2011 to $14 in 2023.

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

Romania-Marshall Islands Trade: In 2023, Romania exported $6.42k to Marshall Islands. The main products that Romania exported to Marshall Islands were Industrial Printers ($4.62k), Refined Petroleum ($1.34k), and Lubricating Products ($389). Over the past 12 years the exports of Romania to Marshall Islands have decreased at an annualized rate of 83.8%,  from $58.3M in 2011 to $6.42k in 2023.

In 2023, Romania 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, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Marshall Islands exported $14 to Romania. The main products exported from Marshall Islands to Romania were Trunks and Cases ($14). During the last 12 years the exports of Marshall Islands to Romania have decreased at an annualized rate of 33.2%, from $1.76k in 2011 to $14 in 2023.

In 2018, Romania exported $6.42k to Marshall Islands. The main products exported from Romania to Marshall Islands were Industrial Printers ($4.62k), Refined Petroleum ($1.34k), and Lubricating Products ($389). During the last 5 years the exports of Romania to Marshall Islands have decreased at an annualized rate of 83.8%, from $58.3M in 2023 to $6.42k in 2018.

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

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

Latest Data

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

Romania Exports

Market Competitiveness

Color
Marshall Islands
Top Destination
United Kingdom$150M
Romania
Top Destination
Germany$19.9B

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

In 2023, countries that imported more from Marshall Islands than Romania included Ghana ($80.2M), Tanzania ($68.2M), and Jamaica ($18.3M).

In 2023, countries that imported more from Romania than Marshall Islands included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

Comparative Advantage Marshall Islands - Romania

Flow
Scale

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

During 2023, Marshall Islands had a large net trade with Romania in the exports of Animal Hides ($14).

During 2018, Romania had a large net trade with Marshall Islands in the exports of Machines ($4.62k), Mineral Products ($1.34k), and Chemical Products ($389).

Economic Complexity

Competitive Landscape

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

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

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