2022
Exports
$51.5kWorld Rnk 177 / 216
Flag Rnk 81 / 330
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$40MWorld Rnk 103 / 225
Flag Rnk 9 / 875

About

Exports In 2022, Marshall Islands exported $51.5k in Machinery Having Individual Functions, making it the 177th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 81st most exported product in Marshall Islands. The main destination of Machinery Having Individual Functions exports from Marshall Islands are: Oman ($50.1k), Portugal ($1.06k), South Korea ($250), and Namibia ($130).

The fastest growing export markets for Machinery Having Individual Functions of Marshall Islands between 2021 and 2022 were Oman ($50.1k), Portugal ($1.06k), and South Korea ($250).

Imports In 2022, Marshall Islands imported $40M in Machinery Having Individual Functions, becoming the 103rd largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 9th most imported product in Marshall Islands. Marshall Islands imports Machinery Having Individual Functions primarily from: China ($38.2M), Japan ($635k), United States ($495k), Norway ($261k), and Turkey ($117k).

The fastest growing import markets in Machinery Having Individual Functions for Marshall Islands between 2021 and 2022 were China ($4.49M), United States ($328k), and Norway ($226k).

Latest Trends

Sep 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 Machinery Having Individual Functions. 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)$51.5k
IMPORTS (2022)$40M
NET TRADE (2022)-$39.9M

In 2022, Marshall Islands exported $51.5k in Machinery Having Individual Functions. The main destinations of Marshall Islands exports on Machinery Having Individual Functions were Oman ($50.1k), Portugal ($1.06k), South Korea ($250), and Namibia ($130).

In 2022, Marshall Islands imported $40M in Machinery Having Individual Functions, mainly from China ($38.2M), Japan ($635k), United States ($495k), Norway ($261k), and Turkey ($117k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Marshall Islands WERE (2021 - 2022):
Oman$50.1k (1%)
Portugal$1.06k (1%)
South Korea$250 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Marshall Islands WERE (2021 - 2022):Malaysia-$2.11k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Marshall Islands's main exporting competitors in Machinery Having Individual Functions were:
In 2022, Marshall Islands's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

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

Machinery Having Individual Functions’s highest export potential is N/A. With an export gap of N/A.   Machinery Having Individual Functions’s highest import potential is N/A with an import gap of N/A.

See methodology.

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