Merchandise exports to low- and middle-income economies in Latin in Marshall Islands
Marshall Islands: Merchandise exports to low- and middle-income economies in Latin was 2.0% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Latin in Marshall Islands, 2005–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies in latin in Marshall Islands stood at 2.0%.
That represents a change of up 2,125.7% on the previous year and up 400.4% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Marshall Islands peaked at 5.2% in 2012 and was at its lowest, 0.0%, in 2005.
That places Marshall Islands 66th out of 203 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in Latin in Marshall Islands, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2005 | 0.0% | — |
| 2006 | 0.0% | +1355.1% |
| 2007 | 2.0% | +12442.6% |
| 2008 | 0.2% | -90.7% |
| 2009 | 0.3% | +71.5% |
| 2010 | 4.2% | +1211.5% |
| 2011 | 3.9% | -6.1% |
| 2012 | 5.2% | +33.5% |
| 2013 | 0.4% | -92.2% |
| 2014 | 0.6% | +56.8% |
| 2015 | 0.4% | -44.5% |
| 2016 | 2.6% | +622.8% |
| 2017 | 0.0% | -99.4% |
| 2018 | 1.1% | +7301.8% |
| 2019 | 2.3% | +102.8% |
| 2020 | 0.0% | -99.1% |
| 2021 | 0.1% | +250.1% |
| 2022 | 0.1% | +25.7% |
| 2023 | 2.0% | +2125.7% |
Marshall Islands compared with similar countries
- Marshall Islands's 2.0% is above the median for upper middle income countries, which is 1.9%, 1.1× the median. (58 countries reporting)
- Marshall Islands's 2.0% is above the median for East Asia & Pacific, which is 0.9%, 2.2× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in Latin in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +12442.6% | 0.0% | 2.0% |
| 2018 | +7301.8% | 0.0% | 1.1% |
| 2023 | +2125.7% | 0.1% | 2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5% | 0.0% | 2.0% | 5 |
| 2010s | 2.1% | 0.0% | 5.2% | 10 |
| 2020s | 0.6% | 0.0% | 2.0% | 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 to low- and middle-income economies in latin in Marshall Islands?
- Merchandise exports to low- and middle-income economies in latin in Marshall Islands was 2.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Marshall Islands?
- The highest recorded value was 5.2% in 2012.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Marshall Islands?
- The lowest recorded value was 0.0% in 2005.
- How does Marshall Islands rank for merchandise exports to low- and middle-income economies in latin?
- Marshall Islands ranks 66th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Marshall Islands?
- Over the last ten years it is up 400.4%. 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 to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.