2022
Flag  
GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC 
$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186

About

In N/A, Marshall Islands did not export any services to Venezuela.

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

In N/A, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value
Year

Marshall Islands does not register exports to Venezuela.

Venezuela does not register exports to Marshall Islands.

Exports from Marshall Islands (Flag) to Venezuela (Flag) (2012)

Exports from Venezuela (Flag) to Marshall Islands (Flag) (2012)

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Venezuela
Top Destination
China$703M

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

In 2022, countries that imported more from Marshall Islands than Venezuela included Germany ($327M), Denmark ($159M), and United Kingdom ($158M).

In 2022, countries that imported more from Venezuela than Marshall Islands included China ($703M), Turkey ($597M), and Spain ($518M).

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

Comparative Advantage Marshall Islands - Venezuela

Flow
Scale
Year

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

Potential Exports

Potential Exports

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

N/A

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Economic Complexity

Competitive Landscape

Year

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

Product Space of Marshall Islands (Flag) and Venezuela (Flag) (2012)

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