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Pricing

2022
Flag → Flag
Exports $1.89MRnk 25 / 80
2022
Flag → Flag
Top Product $1.85MPassenger and Cargo Ships
2022
Flag → Flag
Exports $13.3MRnk 127 / 217
2022
Flag → Flag
Top Product $13MPassenger and Cargo Ships
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag  
GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC $6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Marshall Islands-Sweden Trade: In 2022, Marshall Islands exported $1.89M to Sweden. The main products that Marshall Islands exported to Sweden were Passenger and Cargo Ships ($1.85M), Broadcasting Equipment ($31.1k), and Rubber Footwear ($593). Over the past 5 years the exports of Marshall Islands to Sweden have increased at an annualized rate of 9.35%, from $1.21M in 2017 to $1.89M in 2022.

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

Sweden-Marshall Islands Trade: In 2022, Sweden exported $13.3M to Marshall Islands. The main products that Sweden exported to Marshall Islands were Passenger and Cargo Ships ($13M), Excavation Machinery ($312k), and Enzymes ($25.7k). Over the past 5 years the exports of Sweden to Marshall Islands have increased at an annualized rate of 67.1%,  from $1.02M in 2017 to $13.3M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $1.89M to Sweden. The main products exported from Marshall Islands to Sweden were Passenger and Cargo Ships ($1.85M), Broadcasting Equipment ($31.1k), and Rubber Footwear ($593). During the last 5 years the exports of Marshall Islands to Sweden have increased at an annualized rate of 9.35%, from $1.21M in 2017 to $1.89M in 2022.

In 2017, Sweden exported $13.3M to Marshall Islands. The main products exported from Sweden to Marshall Islands were Passenger and Cargo Ships ($13M), Excavation Machinery ($312k), and Enzymes ($25.7k). During the last 5 years the exports of Sweden to Marshall Islands have increased at an annualized rate of 67.1%, from $1.02M in 2022 to $13.3M in 2017.

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

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

Latest Data

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

Sweden Exports

Market Competitiveness

Color
Marshall Islands
Top DestinationGermany$327M
Sweden
Top DestinationGermany$19.2B

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

In 2022, no countries were registered that imported more from Marshall Islands than from Sweden.

In 2022, countries that imported more from Sweden than Marshall Islands included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Marshall Islands - Sweden

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Sweden in the exports of Transportation ($1.85M), Machines ($31.1k), and Footwear and Headwear ($593).

During 2017, Sweden had a large net trade with Marshall Islands in the exports of Transportation ($13M), Machines ($336k), and Chemical Products ($26.5k).

Economic Complexity

Competitive Landscape

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

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

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