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2022
Flag → Flag
Exports $5.31MRnk 114 / 210
2022
Flag → Flag
Top Product $2.28MRefined Petroleum
2022
Flag → Flag
Exports $3.73kRnk 66 / 80
2022
Flag → Flag
Top Product $3.39kPolycarboxylic Acids
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag  
GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
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 GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
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GDP PC $48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186
2022
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GDP PC$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

New Zealand-Marshall Islands Trade: In 2022, New Zealand exported $5.31M to Marshall Islands. The main products that New Zealand exported to Marshall Islands were Refined Petroleum ($2.28M), Sawn Wood ($586k), and Small Iron Containers ($350k). Over the past 5 years the exports of New Zealand to Marshall Islands have increased at an annualized rate of 5.23%, from $4.11M in 2017 to $5.31M in 2022.

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

Marshall Islands-New Zealand Trade: In 2022, Marshall Islands exported $3.73k to New Zealand. The main products that Marshall Islands exported to New Zealand were Polycarboxylic Acids ($3.39k), Electrical Control Boards ($311), and Knit T-shirts ($27). Over the past 5 years the exports of Marshall Islands to New Zealand have decreased at an annualized rate of 25.2%,  from $15.9k in 2017 to $3.73k in 2022.

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

Comparison In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46),  and 64 in total exports ($46.5B). 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, New Zealand exported $5.31M to Marshall Islands. The main products exported from New Zealand to Marshall Islands were Refined Petroleum ($2.28M), Sawn Wood ($586k), and Small Iron Containers ($350k). During the last 5 years the exports of New Zealand to Marshall Islands have increased at an annualized rate of 5.23%, from $4.11M in 2017 to $5.31M in 2022.

In 2017, Marshall Islands exported $3.73k to New Zealand. The main products exported from Marshall Islands to New Zealand were Polycarboxylic Acids ($3.39k), Electrical Control Boards ($311), and Knit T-shirts ($27). During the last 5 years the exports of Marshall Islands to New Zealand have decreased at an annualized rate of 25.2%, from $15.9k in 2022 to $3.73k in 2017.

Exports from New Zealand (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and Marshall Islands (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$13.1B
Marshall Islands
Top DestinationGermany$327M

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

In 2022, countries that imported more from New Zealand than Marshall Islands included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2022, countries that imported more from Marshall Islands than New Zealand included Malta ($66.2M), Tanzania ($41M), and Rwanda ($10.3M).

Difference in imports from Marshall Islands (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Marshall Islands

Flow
Scale

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

During 2022, New Zealand had a large net trade with Marshall Islands in the exports of Mineral Products ($2.34M), Wood Products ($846k), and Metals ($417k).

During 2017, Marshall Islands had a large net trade with New Zealand in the exports of Chemical Products ($3.39k), Machines ($311), and Textiles ($27).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of New Zealand and Marshall Islands. This means that a dot/product with the flag of New Zealand 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 New Zealand.

Product Space of New Zealand (Flag) and Marshall Islands (Flag) (2022)

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