[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · MHL · 2024
Marshall Isds trade profile
In 2024, Marshall Isds recorded $997.7M in merchandise exports and $17.5B in imports, producing a $16.6B trade deficit. Exports changed -4.8% from the previous year, while imports changed -3.2%.[1]
Exports
$997.7M
-4.8%
Imports
$17.5B
-3.2%
Trade balance
-$16.6B
deficit
Active partners
270
0 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$779.8M
HS 89 · HS chapter
15 active HS6 lines · 21 export partners
2$103.7M
HS 27 · Mineral fuels and oils
22 active HS6 lines · 19 export partners
3$89.6M
HS 03 · HS chapter
142 active HS6 lines · 21 export partners
4$8.0M
HS 84 · Machinery
295 active HS6 lines · 38 export partners
5$2.3M
HS 72 · HS chapter
76 active HS6 lines · 15 export partners
6$2.2M
HS 44 · HS chapter
58 active HS6 lines · 2 export partners
7$2.0M
HS 99 · HS chapter
1 active HS6 lines · 6 export partners
8$1.1M
HS 60 · HS chapter
17 active HS6 lines · 3 export partners
Leading export markets
Destinations rank bilateral export flows from Marshall Isds; growth describes each corridor rather than the whole economy.
1$204.1M
Germany
Annual change +92.9% · 3-year CAGR 1.3%
2$159.2M
Denmark
Annual change +80.4% · 3-year CAGR -29.3%
3$93.4M
Thailand
Annual change +183.8% · 3-year CAGR 29.9%
4$69.5M
Cyprus
Annual change -5.4% · 3-year CAGR 12.5%
5$60.4M
Norway
Annual change +20.0% · 3-year CAGR 25.7%
6$54.2M
South Korea
Annual change +11263.5% · 3-year CAGR -41.1%
7$45.7M
Indonesia
Annual change -28.4% · 3-year CAGR 128.3%
8$45.6M
Netherlands
Annual change -77.0% · 3-year CAGR 5.2%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.