Estonia (EST) and Marshall Islands (MHL) Trade | The Observatory of Economic Complexity

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Estonia-Marshall Islands Trade: In 2022, Estonia exported $26.8k to Marshall Islands. The main products that Estonia exported to Marshall Islands were Refined Petroleum ($19.6k), Nonaqueous Paints ($5.66k), and Wine ($1.19k). Over the past 6 years the exports of Estonia to Marshall Islands have increased at an annualized rate of 33.5%, from $4.73k in 2016 to $26.8k in 2022.

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

Marshall Islands-Estonia In N/A, Marshall Islands did not export any products to Estonia.

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

Comparison In 2022, Estonia ranked 74 in total exports ($23.1B). That same year, Marshall Islands ranked 160 in total exports ($1.1B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Estonia exported $26.8k to Marshall Islands. The main products exported from Estonia to Marshall Islands were Refined Petroleum ($19.6k), Nonaqueous Paints ($5.66k), and Wine ($1.19k). During the last 6 years the exports of Estonia to Marshall Islands have increased at an annualized rate of 33.5%, from $4.73k in 2016 to $26.8k in 2022.

Marshall Islands does not register exports to Estonia. The main products exported from Marshall Islands to Estonia were Blank Audio Media ($901) and Iron Housewares ($27).

Exports from Estonia () to Marshall Islands () (2022)

Exports from Marshall Islands () to Estonia () (2022)

Latest Data

Trade between Estonia () and Marshall Islands ()

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Marshall Islands
Top DestinationGermany$327M

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

In 2022, countries that imported more from Estonia than Marshall Islands included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2022, countries that imported more from Marshall Islands than Estonia included Malta ($66.2M), Tanzania ($41M), and Indonesia ($58.1M).

Difference in imports from Marshall Islands () and Estonia () (2022)

Comparative Advantage Estonia - Marshall Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Marshall Islands in the exports of Mineral Products ($19.6k), Chemical Products ($5.66k), and Foodstuffs ($1.48k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Estonia () to Marshall Islands () (2022)

Exports from Marshall Islands () to Estonia () (2022)

Latest Data

Trade between Estonia () and Marshall Islands ()

Estonia Exports

Market Competitiveness

Difference in imports from Marshall Islands () and Estonia () (2022)

Comparative Advantage Estonia - Marshall Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Estonia () and Marshall Islands () (2022)

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