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2023
Flag → Flag
Exports $6.42kRnk 190 / 199
2023
Flag → Flag
Top Product $4.62kIndustrial Printers
2023
Flag → Flag
Exports $14Rnk 76 / 76
2023
Flag → Flag
Top Product $14Trunks and Cases
2023
Flag
Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
Flag  
GDP$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
 GDP$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
GDP PC $18,404CURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP PC GROWTH93.8%CURRENT US$
Rnk 11 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 107 / 196
2013-2023
Flag
GDP PC GROWTH81.6%CURRENT US$
Rnk 14 / 195

About

Romania-Marshall Islands Trade: In 2023, Romania exported $6.42k to Marshall Islands. The main products that Romania exported to Marshall Islands were Industrial Printers ($4.62k), Refined Petroleum ($1.34k), and Lubricating Products ($389). Over the past 6 years the exports of Romania to Marshall Islands have decreased at an annualized rate of 83.6%, from $332M in 2017 to $6.42k in 2023.

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

Marshall Islands-Romania Trade: In 2023, Marshall Islands exported $14 to Romania. The main products that Marshall Islands exported to Romania were Trunks and Cases ($14). Over the past 6 years the exports of Marshall Islands to Romania have decreased at an annualized rate of 37.5%,  from $65.4k in 2017 to $14 in 2023.

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

Comparison In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02),  and 41 in total exports ($104B). 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, Romania exported $6.42k to Marshall Islands. The main products exported from Romania to Marshall Islands were Industrial Printers ($4.62k), Refined Petroleum ($1.34k), and Lubricating Products ($389). During the last 6 years the exports of Romania to Marshall Islands have decreased at an annualized rate of 83.6%, from $332M in 2017 to $6.42k in 2023.

In 2018, Marshall Islands exported $14 to Romania. The main products exported from Marshall Islands to Romania were Trunks and Cases ($14). During the last 5 years the exports of Marshall Islands to Romania have decreased at an annualized rate of 37.5%, from $65.4k in 2023 to $14 in 2018.

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

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

Latest Data

Trade between Romania (Flag) and Marshall Islands (Flag)

Romania Exports

Market Competitiveness

Color
Romania
Top DestinationGermany$19.9B
Marshall Islands
Top DestinationUnited Kingdom$150M

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

In 2023, countries that imported more from Romania than Marshall Islands included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

In 2023, countries that imported more from Marshall Islands than Romania included Ghana ($80.2M), Tanzania ($68.2M), and Jamaica ($18.3M).

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

Comparative Advantage Romania - Marshall Islands

Flow
Scale

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

During 2023, Romania had a large net trade with Marshall Islands in the exports of Machines ($4.62k), Mineral Products ($1.34k), and Chemical Products ($389).

During 2018, Marshall Islands had a large net trade with Romania in the exports of Animal Hides ($14).

Economic Complexity

Competitive Landscape

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

Product Space of Romania (Flag) and Marshall Islands (Flag) (2023)

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