2022
Flag  
GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 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 
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 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

Portugal-Marshall Islands Trade: In 2022, Portugal exported $343k to Marshall Islands. The main products that Portugal exported to Marshall Islands were Stranded Iron Wire ($235k), Petroleum Gas ($81.7k), and Engine Parts ($9.64k). Over the past 5 years the exports of Portugal to Marshall Islands have decreased at an annualized rate of 15.2%, from $782k in 2017 to $343k in 2022.

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

Marshall Islands-Portugal Trade: In 2022, Marshall Islands exported $73.1k to Portugal. The main products that Marshall Islands exported to Portugal were Live Fish ($44.3k), Scrap Iron ($23.7k), and Other Floating Structures ($2.21k). Over the past 5 years the exports of Marshall Islands to Portugal have increased at an annualized rate of 13.4%,  from $39k in 2017 to $73.1k in 2022.

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

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 48 in total exports ($81.7B). 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, Portugal exported $343k to Marshall Islands. The main products exported from Portugal to Marshall Islands were Stranded Iron Wire ($235k), Petroleum Gas ($81.7k), and Engine Parts ($9.64k). During the last 5 years the exports of Portugal to Marshall Islands have decreased at an annualized rate of 15.2%, from $782k in 2017 to $343k in 2022.

In 2017, Marshall Islands exported $73.1k to Portugal. The main products exported from Marshall Islands to Portugal were Live Fish ($44.3k), Scrap Iron ($23.7k), and Other Floating Structures ($2.21k). During the last 5 years the exports of Marshall Islands to Portugal have increased at an annualized rate of 13.4%, from $39k in 2022 to $73.1k in 2017.

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

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

Market Competitiveness

Color
Portugal
Top Destination
Spain$20.5B
Marshall Islands
Top Destination
Germany$327M

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

In 2022, countries that imported more from Portugal than Marshall Islands included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Marshall Islands than Portugal included Tanzania ($41M), Indonesia ($58.1M), and Malta ($66.2M).

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

Comparative Advantage Portugal - Marshall Islands

Flow
Scale

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

During 2022, Portugal had a large net trade with Marshall Islands in the exports of Metals ($235k), Mineral Products ($81.7k), and Machines ($17.5k).

During 2017, Marshall Islands had a large net trade with Portugal in the exports of Animal Products ($44.3k), Metals ($23.7k), and Machines ($2.22k).

Economic Complexity

Competitive Landscape

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

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

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