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2022
Flag → Flag
Exports $3.11MRnk 183 / 218
2022
Flag → Flag
Top Product $949kSalt
2022
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Exports $47.3MRnk 7 / 80
2022
Flag → Flag
Top Product $47.2MNon-fillet Frozen Fish
2022
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Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
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GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
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 GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
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GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
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GDP PC $6,909CURRENT US$
Rnk 93 / 186
2012-2022
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GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186
2022
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GDP PC$6,728CURRENT US$
Rnk 96 / 186
2012-2022
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GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

Thailand-Marshall Islands In 2022, Thailand exported $3.11M to Marshall Islands. The main products that Thailand exported to Marshall Islands are Salt ($949k), Delivery Trucks ($753k), and Processed Fish ($641k). During the last 27 years the exports of Thailand to Marshall Islands have increased at an annualized rate of 8.1%, from $379k in 1995 to $3.11M in 2022.

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

Marshall Islands-Thailand In 2022, Marshall Islands exported $47.3M to Thailand. The main products that Marshall Islands exported to Thailand were Non-fillet Frozen Fish ($47.2M), Air Pumps ($119k), and Industrial Fatty Acids, Oils and Alcohols ($7.77k). During the last 27 years the exports of Marshall Islands to Thailand have increased at an annualized rate of 8.54%, from $5.18M in 1995 to $47.3M in 2022.

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

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96),  and 27 in total exports ($312B). 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, Thailand exported $3.11M to Marshall Islands. The main products exported from Thailand to Marshall Islands were Salt ($949k), Delivery Trucks ($753k), and Processed Fish ($641k). During the last 27 years the exports of Thailand to Marshall Islands have increased at an annualized rate of 8.1%, from $379k in 1995 to $3.11M in 2022.

In 2022, Marshall Islands exported $47.3M to Thailand. The main products exported from Marshall Islands to Thailand were Non-fillet Frozen Fish ($47.2M), Air Pumps ($119k), and Industrial Fatty Acids, Oils and Alcohols ($7.77k). During the last 24 years the exports of Marshall Islands to Thailand have increased at an annualized rate of 8.54%, from $5.18M in 1998 to $47.3M in 2022.

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

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

Latest Data

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

Thailand Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
Marshall Islands
Top DestinationGermany$327M

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

In 2021, countries that imported more from Thailand than Marshall Islands were United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2021, countries that imported more from Marshall Islands than Thailand were Malta ($66.2M).

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

Comparative Advantage Thailand - Marshall Islands

Flow
Scale

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

During 2022, Thailand had a large net trade with Marshall Islands in the exports of Mineral Products ($1.15M), Foodstuffs ($1.09M), and Transportation ($802k).

During 2022, Marshall Islands had a large net trade with Thailand in the exports of Animal Products ($47.2M), Machines ($119k), and Chemical Products ($7.77k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Thailand has comparative advantage over Marshall Islands. Similarly, the more yellow a dot/product is, the more Marshall Islands has comparative advantage over Thailand.

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

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