2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC
$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186

About

Sweden-Marshall Islands Trade: In 2022, Sweden exported $13.3M to Marshall Islands. The main products that Sweden exported to Marshall Islands were Passenger and Cargo Ships ($13M), Excavation Machinery ($312k), and Enzymes ($25.7k). Over the past 5 years the exports of Sweden to Marshall Islands have increased at an annualized rate of 67.1%, from $1.02M in 2017 to $13.3M in 2022.

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

Marshall Islands-Sweden Trade: In 2022, Marshall Islands exported $1.89M to Sweden. The main products that Marshall Islands exported to Sweden were Passenger and Cargo Ships ($1.85M), Broadcasting Equipment ($31.1k), and Rubber Footwear ($593). Over the past 5 years the exports of Marshall Islands to Sweden have increased at an annualized rate of 9.35%,  from $1.21M in 2017 to $1.89M in 2022.

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

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49),  and 33 in total exports ($194B). 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
Value

In 2022, Sweden exported $13.3M to Marshall Islands. The main products exported from Sweden to Marshall Islands were Passenger and Cargo Ships ($13M), Excavation Machinery ($312k), and Enzymes ($25.7k). During the last 5 years the exports of Sweden to Marshall Islands have increased at an annualized rate of 67.1%, from $1.02M in 2017 to $13.3M in 2022.

In 2017, Marshall Islands exported $1.89M to Sweden. The main products exported from Marshall Islands to Sweden were Passenger and Cargo Ships ($1.85M), Broadcasting Equipment ($31.1k), and Rubber Footwear ($593). During the last 5 years the exports of Marshall Islands to Sweden have increased at an annualized rate of 9.35%, from $1.21M in 2022 to $1.89M in 2017.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Marshall Islands
Top Destination
Germany$327M

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

In 2022, countries that imported more from Sweden than Marshall Islands included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

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

Comparative Advantage Sweden - Marshall Islands

Flow
Scale

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

During 2022, Sweden had a large net trade with Marshall Islands in the exports of Transportation ($13M), Machines ($336k), and Chemical Products ($26.5k).

During 2017, Marshall Islands had a large net trade with Sweden in the exports of Transportation ($1.85M), Machines ($31.1k), and Footwear and Headwear ($593).

Potential Exports

Potential Exports

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

N/A

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with