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Pricing

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Flag → Flag
Top Product $1.19BPassenger and Cargo Ships
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Flag → Flag
Exports $5.87MRnk 19 / 80
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Flag → Flag
Top Product $5.66MNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
Flag  
GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
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GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$6,728CURRENT US$
Rnk 96 / 186
2012-2022
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GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

In N/A, Japan did not export any services to Marshall Islands.

Marshall Islands-Japan Trade: In N/A, Marshall Islands exported $5.87M to Japan. The main products that Marshall Islands exported to Japan were Non-fillet Frozen Fish ($5.66M), Live Fish ($117k), and Non-fillet Fresh Fish ($89.9k). Over the past N/A years the exports of Marshall Islands to Japan have decreased at an annualized rate of 5.18%,  from $7.67M in N/A to $5.87M in N/A.

In N/A, Marshall Islands did not export any services to Japan.

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). 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, Japan exported ¥11B and imported ¥3.9M from Marshall Islands, resulting in a positive trade balance of ¥11B. Between June 2023 and June 2024 the exports of Japan have decreased by ¥-1.03B (-8.54%) from ¥12.1B to ¥11B, while imports decreased by ¥-54.9M (-93.4%) from ¥58.8M to ¥3.9M.

Origins In June 2024 the exports of Japan were mainly from Hokkaido (¥4.92B), Kōchi (¥4.68B), Osaka (¥886M), Kanagawa (¥200M), and Mie (¥181M), while imports destinations were mainly Chiba (¥2.41M), Hiroshima (¥1.17M), and Osaka (¥329k).

Growth In June 2024, the decrease in Japan's year-by-year exports to Marshall Islands was explained primarily by an decrease in product exports in Passenger and Cargo Ships (¥-19.6B or -73.2%), Stranded Iron Wire (¥-2.65M or -25.1%), and Video Displays (¥-1.81M or -51.7%). In June 2024, the decrease in Japan's year-by-year imports  from Marshall Islands was explained primarily by an decrease in product imports  in Non-fillet Frozen Fish (¥-325M or -80.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)¥-1.03B(-8.54%)
IMPORT GROWTH (June 2023 - June 2024)¥-54.9M(-93.4%)
MAIN EXPORTER (June 2024)Hokkaido¥4.92B

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

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

For full datasets download visit Bulk Download page.

Explore Marshall Islands and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

Japan does not register exports to Marshall Islands. The main products exported from Japan to Marshall Islands were Passenger and Cargo Ships ($1.19B), Engine Parts ($10.1M), and Liquid Pumps ($3.7M).

In 2017, Marshall Islands exported $5.87M to Japan. The main products exported from Marshall Islands to Japan were Non-fillet Frozen Fish ($5.66M), Live Fish ($117k), and Non-fillet Fresh Fish ($89.9k). During the last 5 years the exports of Marshall Islands to Japan have decreased at an annualized rate of 5.18%, from $7.67M in 2022 to $5.87M in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Marshall Islands
Top DestinationGermany$327M

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

In 2022, countries that imported more from Japan than Marshall Islands included United States ($137B), China ($135B), and South Korea ($50.8B).

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

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

Comparative Advantage Japan - Marshall Islands

Flow
Scale

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

During 2017, Marshall Islands had a large net trade with Japan in the exports of Animal Products ($5.87M), Metals ($3.94k), and Mineral Products ($1.96k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Marshall Islands+N/AN/A
Top Product Potential Marshall Islands Japan+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 Japan and Marshall Islands. This means that a dot/product with the flag of Japan 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 Japan.

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

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