2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 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

Netherlands-Marshall Islands Trade: In 2022, Netherlands exported $2.78M to Marshall Islands. The main products that Netherlands exported to Marshall Islands were Cleaning Products ($1.42M), Electric Motors ($470k), and Centrifuges ($217k). Over the past 5 years the exports of Netherlands to Marshall Islands have decreased at an annualized rate of 53.9%, from $133M in 2017 to $2.78M in 2022.

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

Marshall Islands-Netherlands Trade: In 2022, Marshall Islands exported $6.36M to Netherlands. The main products that Marshall Islands exported to Netherlands were Wood Carpentry ($4.53M), Other Sea Vessels ($1.26M), and Cranes ($182k). Over the past 5 years the exports of Marshall Islands to Netherlands have decreased at an annualized rate of 38.6%,  from $73.1M in 2017 to $6.36M in 2022.

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

Comparison In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11),  and 6 in total exports ($674B). That same year, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $2.78M to Marshall Islands. The main products exported from Netherlands to Marshall Islands were Cleaning Products ($1.42M), Electric Motors ($470k), and Centrifuges ($217k). During the last 5 years the exports of Netherlands to Marshall Islands have decreased at an annualized rate of 53.9%, from $133M in 2017 to $2.78M in 2022.

In 2017, Marshall Islands exported $6.36M to Netherlands. The main products exported from Marshall Islands to Netherlands were Wood Carpentry ($4.53M), Other Sea Vessels ($1.26M), and Cranes ($182k). During the last 5 years the exports of Marshall Islands to Netherlands have decreased at an annualized rate of 38.6%, from $73.1M in 2022 to $6.36M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Marshall Islands
Top Destination
Germany$327M

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

In 2022, countries that imported more from Netherlands than Marshall Islands included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

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

Comparative Advantage Netherlands - Marshall Islands

Flow
Scale

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

During 2022, Netherlands had a large net trade with Marshall Islands in the exports of Chemical Products ($1.69M), Machines ($889k), and Vegetable Products ($120k).

During 2017, Marshall Islands had a large net trade with Netherlands in the exports of Wood Products ($4.53M), Transportation ($1.26M), and Machines ($408k).

Economic Complexity

Competitive Landscape

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

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

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