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Pricing

2023
Flag → Flag
Exports $45.3MRnk 177 / 220
2023
Flag → Flag
Top Product $4.01MPoultry Meat
2023
Flag → Flag
Exports $17.2MRnk 14 / 76
2023
Flag → Flag
Top Product $9.03MNon-fillet Fresh Fish
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 107 / 196
2013-2023
Flag
GDP PC GROWTH81.6%CURRENT US$
Rnk 14 / 195

About

United States-Marshall Islands Trade: In 2023, United States exported $45.3M to Marshall Islands. The main products that United States exported to Marshall Islands were Poultry Meat ($4.01M), Other Edible Preparations ($2.7M), and Baked Goods ($2.33M). Over the past 5 years the exports of United States to Marshall Islands have decreased at an annualized rate of 29.4%, from $258M in 2018 to $45.3M in 2023.

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

Marshall Islands-United States Trade: In 2023, Marshall Islands exported $17.2M to United States. The main products that Marshall Islands exported to United States were Non-fillet Fresh Fish ($9.03M), Fish Fillets ($5.65M), and Live Fish ($1.29M). Over the past 5 years the exports of Marshall Islands to United States have increased at an annualized rate of 7.49%,  from $12M in 2018 to $17.2M in 2023.

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

Comparison In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5),  and 2 in total exports ($1.86T). That same year, Marshall Islands ranked 164 in total exports ($917M), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as IKEA Group (40) and BOEING (1) were at the forefront of exporting goods from Marshall Islands to the United States. Conversely, Other (41) were notable for importing products to Marshall Islands from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $7.54M and imported $1.4M from Marshall Islands, resulting in a positive trade balance of $6.14M. Between November 2023 and November 2024 the exports of United States have increased by $3.87M (105%) from $3.67M to $7.54M, while imports decreased by $-103k (-6.82%) from $1.5M to $1.4M.

Trade In November 2024, the top exports of United States to Marshall Islands were Poultry Meat ($510k), Telephones ($477k), Compasses ($400k), Commodities not elsewhere specified ($369k), and Brochures ($262k). In November 2024 the top imports of United States from Marshall Islands were Non-fillet Fresh Fish ($649k), Commodities not elsewhere specified ($167k), Fish Fillets ($164k), Therapeutic Appliances ($157k), and Live Fish ($72.4k).

Origins In November 2024 the exports of United States were mainly from California ($1.77M), Colorado ($1.49M), Washington ($1.23M), Hawaii ($1.17M), and Oregon ($311k), while imports destinations were mainly Pennsylvania ($216k), New York ($205k), Delaware ($190k), Indiana ($146k), and Hawaii ($127k).

Growth In November 2024, the increase in United States's year-by-year exports to Marshall Islands was explained primarily by an increase in product exports in Telephones ($370k or 346%), Poultry Meat ($182k or 55.3%), and Other Edible Preparations ($179k or 252%). In November 2024, the decrease in United States's year-by-year imports  from Marshall Islands was explained primarily by an decrease in product imports  in Non-fillet Fresh Fish ($-172k or -20.9%), Fish Fillets ($-83.4k or -33.7%), and Commodities not elsewhere specified ($-50.8k or -23.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$3.87M(105%)
IMPORT GROWTH (November 2023 - November 2024)$-103k(-6.82%)
MAIN EXPORTER (November 2024)California$1.77M

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

To check Marshall Islands and United States 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 2023, United States exported $45.3M to Marshall Islands. The main products exported from United States to Marshall Islands were Poultry Meat ($4.01M), Other Edible Preparations ($2.7M), and Baked Goods ($2.33M). During the last 5 years the exports of United States to Marshall Islands have decreased at an annualized rate of 29.4%, from $258M in 2018 to $45.3M in 2023.

In 2018, Marshall Islands exported $17.2M to United States. The main products exported from Marshall Islands to United States were Non-fillet Fresh Fish ($9.03M), Fish Fillets ($5.65M), and Live Fish ($1.29M). During the last 5 years the exports of Marshall Islands to United States have increased at an annualized rate of 7.49%, from $12M in 2023 to $17.2M in 2018.

Exports from United States (Flag) to Marshall Islands (Flag) (2023)

Exports from Marshall Islands (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Marshall Islands
Top DestinationUnited Kingdom$150M

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

In 2023, countries that imported more from United States than Marshall Islands included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, no countries were registered that imported more from Marshall Islands than from United States.

Difference in imports from Marshall Islands (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Marshall Islands

Flow
Scale

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

During 2023, United States had a large net trade with Marshall Islands in the exports of Machines ($11.3M), Foodstuffs ($9.66M), and Animal Products ($6.92M).

During 2018, Marshall Islands had a large net trade with United States in the exports of Animal Products ($16M), Plastics and Rubbers ($331k), and Transportation ($225k).

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Marshall Islands (Flag) (2023)

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