2022
Exports
$95.3MWorld Rnk 140 / 216
Flag Rnk 2 / 70
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2022
Imports
$2.77BWorld Rnk 89 / 225
Flag Rnk 2 / 91

About

Exports In 2022, Marshall Islands exported $95.3M in Mineral fuels, mineral oils and products of their distillation, making it the 140th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 2nd most exported product in Marshall Islands. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Marshall Islands are: Tanzania ($40.9M), South Africa ($40.1M), Rwanda ($10.3M), Namibia ($2.29M), and Democratic Republic of the Congo ($932k).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Marshall Islands between 2021 and 2022 were Tanzania ($40.9M), South Africa ($40.1M), and Rwanda ($9.59M).

Imports In 2022, Marshall Islands imported $2.77B in Mineral fuels, mineral oils and products of their distillation, becoming the 89th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 2nd most imported product in Marshall Islands. Marshall Islands imports Mineral fuels, mineral oils and products of their distillation primarily from: China ($1.41B), Brazil ($409M), Chinese Taipei ($405M), United States ($167M), and Greece ($139M).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Marshall Islands between 2021 and 2022 were China ($440M), Chinese Taipei ($330M), and Brazil ($125M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Mineral fuels, mineral oils and products of their distillation. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$95.3M
IMPORTS (2022)$2.77B
NET TRADE (2022)-$2.67B

In 2022, Marshall Islands exported $95.3M in Mineral fuels, mineral oils and products of their distillation. The main destinations of Marshall Islands exports on Mineral fuels, mineral oils and products of their distillation were Tanzania ($40.9M), South Africa ($40.1M), Rwanda ($10.3M), Namibia ($2.29M), and Democratic Republic of the Congo ($932k).

In 2022, Marshall Islands imported $2.77B in Mineral fuels, mineral oils and products of their distillation, mainly from China ($1.41B), Brazil ($409M), Chinese Taipei ($405M), United States ($167M), and Greece ($139M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Marshall Islands WERE (2021 - 2022):
Tanzania$40.9M (1%)
South Africa$40.1M (455k%)
Rwanda$9.59M (1.29k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Marshall Islands WERE (2021 - 2022):
South Korea-$10.5M (-96.5%)
Singapore-$7.5M (-100%)
United States-$66.1k (-31.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Marshall Islands's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, Marshall Islands's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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N/A
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Mineral fuels, mineral oils and products of their distillation’s highest export potential is N/A. With an export gap of N/A.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is N/A with an import gap of N/A.

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