2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP
$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH
39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$6,678CURRENT US$
Rnk 107 / 196
2013-2023
Flag
GDP PC GROWTH
81.6%CURRENT US$
Rnk 14 / 195

About

Netherlands-Marshall Islands Trade: In 2023, Netherlands exported $1.42M to Marshall Islands. The main products that Netherlands exported to Marshall Islands were Engine Parts ($220k), Air Pumps ($201k), and Nonaqueous Paints ($139k). Over the past 5 years the exports of Netherlands to Marshall Islands have decreased at an annualized rate of 57.4%, from $101M in 2018 to $1.42M in 2023.

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

Marshall Islands-Netherlands Trade: In 2023, Marshall Islands exported $3.25M to Netherlands. The main products that Marshall Islands exported to Netherlands were Wood Carpentry ($2.49M), Woodworking machines ($455k), and Live Fish ($117k). Over the past 5 years the exports of Marshall Islands to Netherlands have decreased at an annualized rate of 43.3%,  from $55.5M in 2018 to $3.25M in 2023.

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

Comparison In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08),  and 9 in total exports ($599B). That same year, Marshall Islands ranked 164 in total exports ($917M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $1.42M to Marshall Islands. The main products exported from Netherlands to Marshall Islands were Engine Parts ($220k), Air Pumps ($201k), and Nonaqueous Paints ($139k). During the last 5 years the exports of Netherlands to Marshall Islands have decreased at an annualized rate of 57.4%, from $101M in 2018 to $1.42M in 2023.

In 2018, Marshall Islands exported $3.25M to Netherlands. The main products exported from Marshall Islands to Netherlands were Wood Carpentry ($2.49M), Woodworking machines ($455k), and Live Fish ($117k). During the last 5 years the exports of Marshall Islands to Netherlands have decreased at an annualized rate of 43.3%, from $55.5M in 2023 to $3.25M in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Marshall Islands
Top Destination
United Kingdom$150M

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 2023, countries that imported more from Netherlands than Marshall Islands included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, no countries were registered that imported more from Marshall Islands than from Netherlands.

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

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 2023, Netherlands had a large net trade with Marshall Islands in the exports of Machines ($888k), Chemical Products ($291k), and Instruments ($96.1k).

During 2018, Marshall Islands had a large net trade with Netherlands in the exports of Wood Products ($2.49M), Machines ($571k), and Animal Products ($117k).

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) (2023)

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