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2021
Flag → Flag
Exports $441kRnk 89 / 0
2021
Flag → Flag
Exports $1.66MRnk 60 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

Russia-Marshall Islands Trade: In 2021, Russia exported $441k to Marshall Islands. The main products that Russia exported to Marshall Islands were N/A. Over the past 5 years the exports of Russia to Marshall Islands have decreased at an annualized rate of 1.78%, from $482k in 2016 to $441k in 2021.

In 2020, Russia exported services to Marshall Islands worth $46.7M, with Transportation ($39M), Other business services ($3.73M), and Personal, cultural, and recreational services ($1.54M) being the largest in terms of value.

Marshall Islands-Russia Trade: In 2021, Marshall Islands exported $1.66M to Russia. The main products that Marshall Islands exported to Russia were N/A. Over the past 5 years the exports of Marshall Islands to Russia have increased at an annualized rate of 429%,  from $402 in 2016 to $1.66M in 2021.

In 2021, Marshall Islands did not export any services to Russia.

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). That same year, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Russia exported $N/A and imported $N/A from Marshall Islands, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Russia have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Russia to Marshall Islands were . In N/A the top imports of Russia from Marshall Islands were .

Origins In N/A the exports of Russia were mainly from KRASNODAR TERRITORY ($12.3k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($361k).

Growth In N/A, the N/A in Russia's year-by-year exports to Marshall Islands was explained primarily by an decrease in product exports in . In N/A, the N/A in Russia's year-by-year imports  from Marshall Islands was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
MAIN EXPORTER (N/A)KRASNODAR TERRITORY$12.3k

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Marshall Islands and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Russia exported $441k to Marshall Islands. There were not main exports from Russia to Marshall Islands in 2021. During the last 5 years the exports of Russia to Marshall Islands have decreased at an annualized rate of 1.78%, from $482k in 2016 to $441k in 2021.

In 2016, Marshall Islands exported $1.66M to Russia. There were not main exports from Marshall Islands to Russia in 2016. During the last 5 years the exports of Marshall Islands to Russia have increased at an annualized rate of 429%, from $402 in 2021 to $1.66M in 2016.

Exports from Russia (Flag) to Marshall Islands (Flag) (2021)

Exports from Marshall Islands (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Marshall Islands
Top DestinationGermany$327M

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

In 2022, countries that imported more from Russia than Marshall Islands included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Marshall Islands than Russia included Malta ($66.2M) and Antigua and Barbuda ($31.5k).

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

Comparative Advantage Russia - Marshall Islands

Flow
Scale

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

During 2021, Russia had a large net trade with Marshall Islands in the exports of .

During 2016, Marshall Islands had a large net trade with Russia in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Russia (Flag) and Marshall Islands (Flag) (2021)

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