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2022
Flag → Flag
Exports $9.3kRnk 60 / 80
2022
Flag → Flag
Top Product $9.3kNon-fillet Frozen Fish
2022
Flag → Flag
Exports $441MRnk 50 / 210
2022
Flag → Flag
Top Product $405MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag  
GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC $6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

Marshall Islands-Chinese Taipei Trade: In 2022, Marshall Islands exported $9.3k to Chinese Taipei. The main products that Marshall Islands exported to Chinese Taipei were Non-fillet Frozen Fish ($9.3k). Over the past 5 years the exports of Marshall Islands to Chinese Taipei have decreased at an annualized rate of 57.7%, from $690k in 2017 to $9.3k in 2022.

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

Chinese Taipei-Marshall Islands Trade: In 2022, Chinese Taipei exported $441M to Marshall Islands. The main products that Chinese Taipei exported to Marshall Islands were Refined Petroleum ($405M), Fishing Ships ($14.8M), and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($10.4M). Over the past 5 years the exports of Chinese Taipei to Marshall Islands have increased at an annualized rate of 27.6%,  from $130M in 2017 to $441M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $9.3k to Chinese Taipei. The main products exported from Marshall Islands to Chinese Taipei were Non-fillet Frozen Fish ($9.3k). During the last 5 years the exports of Marshall Islands to Chinese Taipei have decreased at an annualized rate of 57.7%, from $690k in 2017 to $9.3k in 2022.

In 2017, Chinese Taipei exported $441M to Marshall Islands. The main products exported from Chinese Taipei to Marshall Islands were Refined Petroleum ($405M), Fishing Ships ($14.8M), and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($10.4M). During the last 5 years the exports of Chinese Taipei to Marshall Islands have increased at an annualized rate of 27.6%, from $130M in 2022 to $441M in 2017.

Exports from Marshall Islands (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Marshall Islands (Flag) (2022)

Market Competitiveness

Color
Marshall Islands
Top DestinationGermany$327M
Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Marshall Islands than Chinese Taipei included Rwanda ($10.3M) and Tanzania ($41M).

In 2022, countries that imported more from Chinese Taipei than Marshall Islands included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Marshall Islands (Flag) (2022)

Comparative Advantage Marshall Islands - Chinese Taipei

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Chinese Taipei in the exports of Animal Products ($9.3k).

During 2017, Chinese Taipei had a large net trade with Marshall Islands in the exports of Mineral Products ($405M), Transportation ($14.9M), and Textiles ($11.2M).

Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and Chinese Taipei (Flag) (2022)

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