2023
Flag  
GDP
$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH
39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
 GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 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
$1,224CURRENT US$
Rnk 174 / 196
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 195

About

Marshall Islands-Tanzania Trade: In 2023, Marshall Islands exported $68.2M to Tanzania. The main products that Marshall Islands exported to Tanzania were Refined Petroleum ($68.2M). Over the past 6 years the exports of Marshall Islands to Tanzania have increased at an annualized rate of 58%, from $4.38M in 2017 to $68.2M in 2023.

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

Tanzania-Marshall Islands In false, Tanzania did not export any products to Marshall Islands.

In 2023, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Marshall Islands exported $68.2M to Tanzania. The main products exported from Marshall Islands to Tanzania were Refined Petroleum ($68.2M). During the last 6 years the exports of Marshall Islands to Tanzania have increased at an annualized rate of 58%, from $4.38M in 2017 to $68.2M in 2023.

Tanzania does not register exports to Marshall Islands.

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

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

Market Competitiveness

Color
Marshall Islands
Top Destination
United Kingdom$150M
Tanzania
Top Destination
India$1.74B

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

In 2023, countries that imported more from Marshall Islands than Tanzania included United Kingdom ($150M), Denmark ($94.8M), and Cyprus ($79.5M).

In 2023, countries that imported more from Tanzania than Marshall Islands included India ($1.74B), United Arab Emirates ($1.62B), and Uganda ($1.35B).

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

Comparative Advantage Marshall Islands - Tanzania

Flow
Scale

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

During 2023, Marshall Islands had a large net trade with Tanzania in the exports of Mineral Products ($68.2M).

Economic Complexity

Competitive Landscape

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

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

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