Marshall Isds

Marshall Isds

Global Trade Profile • Rank #163 Exporter

$917.35M

Total Exports (2023)

$7.39B

Total Imports (2023)

$6.48B

Trade Deficit

#163

Export Ranking

Trade Flow Visualization

Interactive map showing Marshall Isds's top trading partners. Green lines represent exports, red lines represent imports.

#163

Export Rank

$917.35M

Total Exports

$7.39B

Total Imports

-$6.48B

Trade Balance

30

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Vessels: n.e.c. in heading no. 8901, for the trans...
33.2%$304.78M
#2Petroleum oils and oils from bituminous minerals, ...
19.8%$181.57M
#3Floating or submersible drilling or production pla...
16.3%$149.41M
#4Tankers
14.6%$133.81M
#5Fish: frozen, skipjack or stripe-bellied bonito, e...
5.3%$48.18M
#6Motorboats: (other than outboard motorboats), for ...
2.3%$20.66M
#7Fish: frozen, yellowfin tunas (Thunnus albacares),...
1.3%$12.28M
#8Fish: fresh or chilled, bigeye tunas (Thunnus obes...
0.9%$8.11M
#9Tugs and pusher craft
0.7%$6.34M
#10Fish fillets: frozen, tunas (of the genus Thunnus)...
0.6%$5.09M

📥 Top Import Sources

Top Import Products

#1Vessels: n.e.c. in heading no. 8901, for the trans...
42.1%$3.11B
#2Petroleum oils and oils from bituminous minerals, ...
28.9%$2.14B
#3Tankers
11.2%$825.11M
#4Motorboats: (other than outboard motorboats), for ...
4.8%$352.50M
#5Machinery parts: not containing electrical connect...
2.3%$171.40M
#6Cruise ships, excursion boats and similar vessels,...
1.4%$100.60M
#7Iron or steel: structures and parts thereof, n.e.c...
1.1%$82.61M
#8Oils: petroleum oils and oils obtained from bitumi...
1.0%$73.14M
#9Engines: parts for internal combustion piston engi...
0.6%$47.56M
#10Machines and mechanical appliances: parts, of thos...
0.5%$38.06M

📈 Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

📈

Trend Direction

Marshall Isds Trade Analysis 2023

📊 Overview

#163
Global Export Rank
8.31B
Total Trade Volume
0.04%
Share of Global Trade

Marshall Isds stands as the world's #163 largest exporter and #129 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a deficit of 6.48 billion, reflecting import dependencies for growth.

⚠️
Trade deficit of 87.6% of imports requires careful management of external financing.
917.35M
Total Exports
7.39B
Total Imports
0.12
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $692.58M, generating continuous economic activity across logistics, finance, and trade services.

🚢 Export Markets

United Kingdom
Germany
Denmark
Ghana
Cyprus
Others

Export Market Concentration

16.4%
$150.21M
12.6%$115.23M
10.3%$94.76M
8.7%$80.23M
8.7%$79.46M
7.7%$70.69M
13 others
26.7%$245.09M

Export concentration shows United Kingdom as the dominant market at 16.4%. The top three markets control 39.3% of exports.

56.7%
Top 5 Markets
85.5%
Top 10 Markets
20
Total Partners

Regional patterns reveal globally balanced access. Secondary markets (Indonesia, United Rep. of Tanzania, Norway) provide $264.35M in additional trade.

📦 Import Sources

Import Source Concentration

47.4%
$3.51B
15.4%
$1.14B
4.7%$349.52M
4.3%$317.92M
4.0%$293.56M
3.6%$265.53M
3.6%$263.47M
13 others
15.9%$1.17B

Marshall Isds relies heavily on China for imports (47.4%),creating supply chain concentration risk.

Manufacturing inputs come primarily from China, Indonesia, Thailand, reflecting deep integration into Asian production networks. China's dominant position at 3.51 billion encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The USA provides 45.33 million (0.6%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 92.2% of total imports, with the remaining 8% distributed among 10 other suppliers.

Regional sourcing patterns reveal strong ASEAN integration with 3 Southeast Asian nations providing 166.30 million (2.2%) of imports. European suppliers including Germany (349.52M), Italy (265.53M), France (76.53M) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with Thailandemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

📦 Product Composition

🚀 Export Products

Top Export Products

n.e.c. in heading no. 8901, for the transport of g...
33.2%
$304.78M
preparations n.e.c. containing by weight 70% or mo...
19.8%
$181.57M
Floating or submersible drilling or production pla...
16.3%
$149.41M
Tankers
14.6%$133.81M
frozen, skipjack or stripe-bellied bonito, excludi...
5.3%$48.18M
3 others
4.5%$41.06M

Marshall Isds's export economy centers on diversified industrial production, with the leading export being n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goodsat $304.78 million, accounting for 33.2% of total exports.

Electronics, semiconductors, and machinery contribute 3.81 million or 0.4% of exports.

The automotive sector's dominance is evident in the export portfolio, with . This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 0 categories specifically related to alternative propulsion systems, totaling $0.

Beyond automotive, Marshall Isds maintains strong positions in industrial machinery (1 categories totaling 3.81M),, and Vessels, Petroleum oils and oils from bituminous minerals, not crude, Floating or submersible drilling or production platforms.

The top 20 export products collectively account for 98.3% of total exports, revealing moderate concentration with room for further diversification.

🛒 Import Products

Top Import Products

n.e.c. in heading no. 8901, for the transport of g...
42.1%
$3.11B
preparations n.e.c. containing by weight 70% or mo...
28.9%
$2.14B
Tankers
11.2%$825.11M
(other than outboard motorboats), for pleasure or ...
4.8%$352.50M
not containing electrical connectors, insulators, ...
2.3%$171.40M
3 others
3.5%$256.35M

Energy dominates Marshall Isds's import profile, with fossil fuels accounting for 2.21 billion or 29.9% of total imports. Crude oil leads at 2.14 billion (28.9%), followed by natural gas and coal. This energy import dependency shapes economic policy, inflation dynamics, and strategic relationships with supplier nations.

🔑

Key Finding: Energy Dependency

Energy imports of $2.21B account for 29.9% of all imports, making Marshall Isds vulnerable to global energy price fluctuations and supply disruptions.

Beyond energy, critical imports include n.e.c. in heading no. 8901, for the tran... (3.11B, 42.1%), Tankers (825.11M, 11.2%), (other than outboard motorboats), for pl... (352.50M, 4.8%), not containing electrical connectors, in... (171.40M, 2.3%), Cruise ships, excursion boats and simila... (100.60M, 1.4%).

The import product mix reveals structural characteristics of Marshall Isds's economy: integration into global electronics supply chains, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (3 : 17among top 20 products) indicates balanced import composition. Import substitution potential exists in technology sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 8 primary products to 12 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

⚖️ Trade Balance Dynamics

-6.48 billion
Trade Deficit 77.92% of total trade
PartnerExportsImportsBalance
China$0$3.51B$-3.51B
Japan$3.74M$1.14B$-1.14B
Germany$115.23M$349.52M$-234.30M
Cyprus$79.46M$293.56M$-214.09M
Denmark$94.76M$263.47M$-168.70M

Export-to-import ratio of 0.124 means exports cover 12.4% of import costs.

🔗 Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
China$0$3.51B$-3.51B
Japan$3.74M$1.14B$-1.14B
Germany$115.23M$349.52M$-234.30M
Cyprus$79.46M$293.56M$-214.09M
Denmark$94.76M$263.47M$-168.70M
Brazil$0$317.92M$-317.92M
Italy$3.57M$265.53M$-261.96M
Türkiye$23.69M$238.59M$-214.90M
Total$320.45M$6.38B$-6.06B

The Marshall Isds-China relationship leads at 3.51 billion in bilateral trade.View detailed analysis →

Additional major partnerships include Germany (464.75M total trade), Cyprus (373.02M total trade), Denmark (358.23M total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationships—7.14B across top 10 partners—provides resilience against bilateral tensions and regional disruptions.

🏆 Competitive Position

Global rankings position Marshall Isds as the #163 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.009%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of technology-intensive products, indicates advanced industrial capabilities. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Marshall Isds's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly inn.e.c. in heading no. 890, preparations n.e.c. conta, Floating or submersible d. The revealed comparative advantage is strongest in product categories representing69.3% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 6.48B, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in high-value manufacturing.

Vulnerabilities include concentrated import dependencies. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with Türkiye, Jamaica, Poland, developing new product capabilities in adjacent product categories, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Marshall Isds's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Marshall Isds's position as the world's #163 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026