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2022
Flag → Flag
Exports $218MRnk 107 / 219
2022
Flag → Flag
Top Product $104MRefined Petroleum
2022
Flag → Flag
Exports $52.5MRnk 6 / 80
2022
Flag → Flag
Top Product $51.7MPassenger and Cargo Ships
2022
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Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
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GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 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 $10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 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

Turkey-Marshall Islands In 2022, Turkey exported $218M to Marshall Islands. The main products that Turkey exported to Marshall Islands are Refined Petroleum ($104M), Passenger and Cargo Ships ($47.8M), and Recreational Boats ($42M). During the last 20 years the exports of Turkey to Marshall Islands have increased at an annualized rate of 30%, from $1.14M in 2002 to $218M in 2022.

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

Marshall Islands-Turkey In 2022, Marshall Islands exported $52.5M to Turkey. The main products that Marshall Islands exported to Turkey were Passenger and Cargo Ships ($51.7M), Recreational Boats ($717k), and Oscilloscopes ($4.89k). During the last 20 years the exports of Marshall Islands to Turkey have increased at an annualized rate of 31.8%, from $210k in 2002 to $52.5M in 2022.

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

Comparison In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6),  and 29 in total exports ($262B). 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, Turkey exported $218M to Marshall Islands. The main products exported from Turkey to Marshall Islands were Refined Petroleum ($104M), Passenger and Cargo Ships ($47.8M), and Recreational Boats ($42M). During the last 20 years the exports of Turkey to Marshall Islands have increased at an annualized rate of 30%, from $1.14M in 2002 to $218M in 2022.

In 2022, Marshall Islands exported $52.5M to Turkey. The main products exported from Marshall Islands to Turkey were Passenger and Cargo Ships ($51.7M), Recreational Boats ($717k), and Oscilloscopes ($4.89k). During the last 20 years the exports of Marshall Islands to Turkey have increased at an annualized rate of 31.8%, from $210k in 2002 to $52.5M in 2022.

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

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

Latest Data

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

Turkey Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Marshall Islands
Top DestinationGermany$327M

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

In 2021, countries that imported more from Turkey than Marshall Islands were Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2019, no countries were registered that imported more from Marshall Islands than from Turkey.

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

Comparative Advantage Turkey - Marshall Islands

Flow
Scale

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

During 2022, Turkey had a large net trade with Marshall Islands in the exports of Mineral Products ($107M), Transportation ($91.1M), and Machines ($12.6M).

During 2022, Marshall Islands had a large net trade with Turkey in the exports of Transportation ($52.4M), Machines ($7.35k), and Instruments ($6.17k).

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 Turkey has comparative advantage over Marshall Islands. Similarly, the more yellow a dot/product is, the more Marshall Islands has comparative advantage over Turkey.

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

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