
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
United Kingdom
Germany
Denmark
Ghana
Cyprus
United Rep. of Tanzania
Norway
ThailandTop Export Products
📥 Top Import Sources
China
Japan
Germany
Brazil
Cyprus
Italy
Denmark
Türkiye
GreeceTop Import Products
📈 Historical Trade Trends (1995-2023)
29 Years
Data Coverage
29
Data Points
📈
Trend Direction
Marshall Isds Trade Analysis 2023
📊 Overview
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.
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
Export Market Concentration
Export concentration shows United Kingdom as the dominant market at 16.4%. The top three markets control 39.3% of exports.
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
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
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
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
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
| Partner | Exports | Imports | Balance |
|---|---|---|---|
| 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
| Partner | Exports | Imports | Balance |
|---|---|---|---|
| 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
Strategic Priority
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