Singapore (SGP) and Marshall Islands (MHL) Trade | The Observatory of Economic Complexity

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Singapore-Marshall Islands Trade: In 2022, Singapore exported $24.1M to Marshall Islands. The main products that Singapore exported to Marshall Islands were Refined Petroleum ($22.6M), Plastic Housewares ($555k), and Flavored Water ($399k). Over the past 5 years the exports of Singapore to Marshall Islands have increased at an annualized rate of 26.1%, from $7.59M in 2017 to $24.1M in 2022.

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

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

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

Comparison In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Singapore exported $24.1M to Marshall Islands. The main products exported from Singapore to Marshall Islands were Refined Petroleum ($22.6M), Plastic Housewares ($555k), and Flavored Water ($399k). During the last 5 years the exports of Singapore to Marshall Islands have increased at an annualized rate of 26.1%, from $7.59M in 2017 to $24.1M in 2022.

Marshall Islands does not register exports to Singapore. The main products exported from Marshall Islands to Singapore were Engine Parts ($17.6k), Industrial Printers ($17.6k), and Knit Women's Suits ($7.47k).

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

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

Latest Data

Trade between Singapore () and Marshall Islands ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Marshall Islands
Top DestinationGermany$327M

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

In 2022, countries that imported more from Singapore than Marshall Islands included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Marshall Islands than Singapore included Denmark ($159M).

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

Comparative Advantage Singapore - Marshall Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Singapore had a large net trade with Marshall Islands in the exports of Mineral Products ($22.6M), Foodstuffs ($597k), and Plastics and Rubbers ($563k).

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 Singapore and Marshall Islands. This means that a dot/product with the flag of Singapore 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 Singapore.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Singapore () and Marshall Islands ()

Singapore Exports

Market Competitiveness

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

Comparative Advantage Singapore - Marshall Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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