2022
Flag  
GDP
$280MCURRENT US$
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2012-2022
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GDP GROWTH
55.5%CURRENT US$
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2022
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 GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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2022
Flag
GDP PC 
$6,728CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
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About

Marshall Islands-South Africa Trade: In 2022, Marshall Islands exported $40.1M to South Africa. The main products that Marshall Islands exported to South Africa were Refined Petroleum ($40.1M), Other Floating Structures ($145), and Electrical Control Boards ($78). Over the past 5 years the exports of Marshall Islands to South Africa have increased at an annualized rate of 134%, from $572k in 2017 to $40.1M in 2022.

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

South Africa-Marshall Islands Trade: In 2022, South Africa exported $22.4M to Marshall Islands. The main products that South Africa exported to Marshall Islands were Refined Petroleum ($22.2M), Rolled Tobacco ($40.9k), and Soil Preparation Machinery ($25.5k). Over the past 5 years the exports of South Africa to Marshall Islands have decreased at an annualized rate of 5.14%,  from $37.9M in 2017 to $22.4M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $40.1M to South Africa. The main products exported from Marshall Islands to South Africa were Refined Petroleum ($40.1M), Other Floating Structures ($145), and Electrical Control Boards ($78). During the last 5 years the exports of Marshall Islands to South Africa have increased at an annualized rate of 134%, from $572k in 2017 to $40.1M in 2022.

In 2017, South Africa exported $22.4M to Marshall Islands. The main products exported from South Africa to Marshall Islands were Refined Petroleum ($22.2M), Rolled Tobacco ($40.9k), and Soil Preparation Machinery ($25.5k). During the last 5 years the exports of South Africa to Marshall Islands have decreased at an annualized rate of 5.14%, from $37.9M in 2022 to $22.4M in 2017.

Exports from Marshall Islands (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Marshall Islands (Flag) (2022)

Latest Data

Trade between Marshall Islands (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Marshall Islands than South Africa included Malta ($66.2M) and Cyprus ($12.6M).

In 2022, countries that imported more from South Africa than Marshall Islands included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Marshall Islands (Flag) (2022)

Comparative Advantage Marshall Islands - South Africa

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with South Africa in the exports of Mineral Products ($40.1M), Transportation ($145), and Machines ($79).

During 2017, South Africa had a large net trade with Marshall Islands in the exports of Mineral Products ($22.2M), Foodstuffs ($51.1k), and Machines ($41.5k).

Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and South Africa (Flag) (2022)

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