Merchandise exports by the reporting economy in Marshall Islands
Marshall Islands: Merchandise exports by the reporting economy was 952.80 million current US$ in 2023. ◆ Volatile
Merchandise exports by the reporting economy in Marshall Islands, 2000–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise exports by the reporting economy in Marshall Islands stood at 952.80 million current US$.
Compared with earlier readings it is down 27.8% on the previous year and up 129.8% over ten years.
Over the whole period, merchandise exports by the reporting economy in Marshall Islands peaked at 1.53 billion current US$ in 2021 and was at its lowest, 4.80 million current US$, in 2000.
That places Marshall Islands 156th out of 206 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy in Marshall Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 4.80 million current US$ | — |
| 2001 | 102.15 million current US$ | +2029.8% |
| 2002 | 130.39 million current US$ | +27.6% |
| 2003 | 274.66 million current US$ | +110.6% |
| 2004 | 648.21 million current US$ | +136.0% |
| 2005 | 1.11 billion current US$ | +70.6% |
| 2006 | 807.22 million current US$ | -27.0% |
| 2007 | 1.31 billion current US$ | +62.0% |
| 2008 | 1.28 billion current US$ | -1.8% |
| 2009 | 390.37 million current US$ | -69.6% |
| 2010 | 206.61 million current US$ | -47.1% |
| 2011 | 262.25 million current US$ | +26.9% |
| 2012 | 251.48 million current US$ | -4.1% |
| 2013 | 414.67 million current US$ | +64.9% |
| 2014 | 379.04 million current US$ | -8.6% |
| 2015 | 467.82 million current US$ | +23.4% |
| 2016 | 207.95 million current US$ | -55.5% |
| 2017 | 600.93 million current US$ | +189.0% |
| 2018 | 682.91 million current US$ | +13.6% |
| 2019 | 932.33 million current US$ | +36.5% |
| 2020 | 713.58 million current US$ | -23.5% |
| 2021 | 1.53 billion current US$ | +114.9% |
| 2022 | 1.32 billion current US$ | -13.9% |
| 2023 | 952.80 million current US$ | -27.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 605.54 million current US$ | 4.80 million current US$ | 1.31 billion current US$ | 10 |
| 2010s | 440.60 million current US$ | 206.61 million current US$ | 932.33 million current US$ | 10 |
| 2020s | 1.13 billion current US$ | 713.58 million current US$ | 1.53 billion current US$ | 4 |
Countries ranked near Marshall Islands
More private sector data for Marshall Islands
- Merchandise trade 59.4% (2025)
- Merchandise imports 111.00 million current US$ (2025)
- Merchandise exports 72.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,984 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2338 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.46 % change on previous year (2025)
- Merchandise imports (current US$), per capita 3,059 current US$ per person (2025)
- Merchandise imports (current US$), per unit of GDP 0.3604 current US$ per US$ of GDP (2025)
- Merchandise imports (current US$), annual growth rate 11 % change on previous year (2025)
- Commercial service exports (current US$), per capita 516.22 current US$ per person (2024)
Frequently asked questions
- What is merchandise exports by the reporting economy in Marshall Islands?
- Merchandise exports by the reporting economy in Marshall Islands was 952.80 million current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Marshall Islands?
- The highest recorded value was 1.53 billion current US$ in 2021.
- What is the lowest merchandise exports by the reporting economy recorded in Marshall Islands?
- The lowest recorded value was 4.80 million current US$ in 2000.
- How does Marshall Islands rank for merchandise exports by the reporting economy?
- Marshall Islands ranks 156th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Marshall Islands?
- Over the last ten years it is up 129.8%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.