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2022
Flag → Flag
Exports $461kRnk 200 / 217
2022
Flag → Flag
Top Product $255kCars
2022
Flag → Flag
Exports $797kRnk 31 / 80
2022
Flag → Flag
Top Product $296kFerroalloys
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

India-Marshall Islands Trade: In 2022, India exported $461k to Marshall Islands. The main products that India exported to Marshall Islands were Cars ($255k), Packaged Medicaments ($65.2k), and Vaccines, blood, antisera, toxins and cultures ($47.9k). Over the past 5 years the exports of India to Marshall Islands have increased at an annualized rate of 46.6%, from $68.1k in 2017 to $461k in 2022.

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

Marshall Islands-India Trade: In 2022, Marshall Islands exported $797k to India. The main products that Marshall Islands exported to India were Ferroalloys ($296k), Carbonates ($150k), and Clays ($73k). Over the past 5 years the exports of Marshall Islands to India have increased at an annualized rate of 42.9%,  from $134k in 2017 to $797k in 2022.

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

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). That same year, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, India exported $2.51M and imported $627k from Marshall Islands, resulting in a positive trade balance of $1.89M. Between June 2023 and June 2024 the exports of India have increased by $2.48M (8.53k%) from $29.1k to $2.51M, while imports increased by $550k (718%) from $76.7k to $627k.

Trade In June 2024, the top exports of India to Marshall Islands were Motor Vehicle/Cars ($26.8k). In June 2024 the top imports of India from Marshall Islands were Electronics Instruments ($69.8k).

Growth In June 2024, the increase in India's year-by-year exports to Marshall Islands was explained primarily by an increase in product exports in . In June 2024, the increase in India's year-by-year imports  from Marshall Islands was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)$2.48M(8.53k%)
IMPORT GROWTH (June 2023 - June 2024)$550k(718%)

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

To check Marshall Islands and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Marshall Islands and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $461k to Marshall Islands. The main products exported from India to Marshall Islands were Cars ($255k), Packaged Medicaments ($65.2k), and Vaccines, blood, antisera, toxins and cultures ($47.9k). During the last 5 years the exports of India to Marshall Islands have increased at an annualized rate of 46.6%, from $68.1k in 2017 to $461k in 2022.

In 2017, Marshall Islands exported $797k to India. The main products exported from Marshall Islands to India were Ferroalloys ($296k), Carbonates ($150k), and Clays ($73k). During the last 5 years the exports of Marshall Islands to India have increased at an annualized rate of 42.9%, from $134k in 2022 to $797k in 2017.

Exports from India (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Marshall Islands
Top DestinationGermany$327M

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

In 2022, countries that imported more from India than Marshall Islands included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, no countries were registered that imported more from Marshall Islands than from India.

Difference in imports from Marshall Islands (Flag) and India (Flag) (2022)

Comparative Advantage India - Marshall Islands

Flow
Scale

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

During 2022, India had a large net trade with Marshall Islands in the exports of Transportation ($255k), Chemical Products ($116k), and Machines ($61.1k).

During 2017, Marshall Islands had a large net trade with India in the exports of Metals ($296k), Chemical Products ($200k), and Machines ($152k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Marshall Islands+N/AN/A
Top Product Potential Marshall Islands India+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Marshall Islands (Flag) (2022)

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