2023
Exports
$155MWorld Rnk 25 / 102
Flag Rnk 3 / 317
2023
PRODUCT COMPLEXITY IN Special Purpose Ships
-1.33Rnk 907 / 1025
2023
Imports
$2.8MWorld Rnk 80 / 174
Flag Rnk 33 / 887

About

Exports In 2023, Marshall Islands exported $155M in Special Purpose Ships, making it the 25th largest exporter of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 3rd most exported product in Marshall Islands. The main destination of Special Purpose Ships exports from Marshall Islands are: United Kingdom ($149M), Turkey ($4.18M), and Cyprus ($1.81M).

The fastest growing export markets for Special Purpose Ships of Marshall Islands between 2022 and 2023 were Turkey ($4.18M) and Cyprus ($1.81M).

Imports In 2023, Marshall Islands imported $2.8M in Special Purpose Ships, becoming the 80th largest importer of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 33rd most imported product in Marshall Islands. Marshall Islands imports Special Purpose Ships primarily from: Cyprus ($1.8M), Norway ($613k), and Spain ($388k).

The fastest growing import markets in Special Purpose Ships for Marshall Islands between 2022 and 2023 were Cyprus ($1.8M), Norway ($613k), and Spain ($388k).

Latest Trends

Dec 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 Special Purpose Ships. 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 (2023)$155M
IMPORTS (2023)$2.8M
NET TRADE (2023)$153M

In 2023, Marshall Islands exported $155M in Special Purpose Ships. The main destinations of Marshall Islands exports on Special Purpose Ships were United Kingdom ($149M), Turkey ($4.18M), and Cyprus ($1.81M).

In 2023, Marshall Islands imported $2.8M in Special Purpose Ships, mainly from Cyprus ($1.8M), Norway ($613k), and Spain ($388k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Special Purpose Ships EXPORT MARKETS FOR Marshall Islands WERE (2022 - 2023):
Turkey$4.18M (1%)
Cyprus$1.81M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Purpose Ships BY Marshall Islands WERE (2022 - 2023):United Kingdom-$13.5M (-8.26%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2023, Marshall Islands's main exporting competitors in Special Purpose Ships were:
In 2023, Marshall Islands's main importing competitors in Special Purpose Ships were:

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Trade Value of Special Purpose Ships by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Special Purpose Ships’s highest export potential is N/A. With an export gap of N/A.   Special Purpose Ships’s highest import potential is N/A with an import gap of N/A.

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