2022
Flag  
GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 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
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Marshall Islands-Russia Trade: In 2021, Marshall Islands exported $1.66M to Russia. The main products that Marshall Islands exported to Russia were N/A. Over the past 7 years the exports of Marshall Islands to Russia have increased at an annualized rate of 192%, from $930 in 2014 to $1.66M in 2021.

In 2021, Marshall Islands did not export any services to Russia.

Russia-Marshall Islands Trade: In 2021, Russia exported $441k to Marshall Islands. The main products that Russia exported to Marshall Islands were N/A. Over the past 7 years the exports of Russia to Marshall Islands have decreased at an annualized rate of 1.78%,  from $482k in 2014 to $441k in 2021.

In 2020, Russia exported services to Marshall Islands worth $46.7M, with Transportation ($39M), Other business services ($3.73M), and Personal, cultural, and recreational services ($1.54M) being the largest in terms of value.

Comparison In 2022,  Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Latest Data

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

Russia Exports

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Russia
Top Destination
China$101B

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

In 2022, countries that imported more from Marshall Islands than Russia included Malta ($66.2M) and Antigua and Barbuda ($31.5k).

In 2022, countries that imported more from Russia than Marshall Islands included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Potential Exports

Potential Exports

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

N/A

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Bilateral Service Trade

In 2020, Russia exported services to Marshall Islands worth $46.7M, with Transportation ($39M), Other business services ($3.73M), and Personal, cultural, and recreational services ($1.54M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Marshall Islands (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and Russia (Flag) (NaN)

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