2022
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GDP
$1.92TCURRENT US$
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2012-2022
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GDP GROWTH
-22.1%CURRENT US$
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2022
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 GDP
$280MCURRENT US$
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2012-2022
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GDP GROWTH
55.5%CURRENT US$
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2022
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GDP PC 
$8,918CURRENT US$
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2012-2022
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GDP PC GROWTH
-27.7%CURRENT US$
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2022
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GDP PC
$6,728CURRENT US$
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2012-2022
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GDP PC GROWTH
95.3%CURRENT US$
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About

Brazil-Marshall Islands In 2022, Brazil exported $424M to Marshall Islands. The main products that Brazil exported to Marshall Islands are Refined Petroleum ($409M), Pig Meat ($600k), and Frozen Bovine Meat ($594k). During the last 17 years the exports of Brazil to Marshall Islands have increased at an annualized rate of 64.4%, from $90.4k in 2005 to $424M in 2022.

In 2022, Brazil did not export any services to Marshall Islands.

Marshall Islands-Brazil In 2022, Marshall Islands exported $74.1k to Brazil. The main products that Marshall Islands exported to Brazil were Sodium or Potassium Peroxides ($30.3k), Other Inorganic Acids ($22.1k), and Valves ($14.5k). During the last 17 years the exports of Marshall Islands to Brazil have increased at an annualized rate of 7.82%, from $20.6k in 2005 to $74.1k in 2022.

In 2022, Marshall Islands did not export any services to Brazil.

Comparison In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.29),  and 25 in total exports ($341B). That same year, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $424M to Marshall Islands. The main products exported from Brazil to Marshall Islands were Refined Petroleum ($409M), Pig Meat ($600k), and Frozen Bovine Meat ($594k). During the last 17 years the exports of Brazil to Marshall Islands have increased at an annualized rate of 64.4%, from $90.4k in 2005 to $424M in 2022.

In 2022, Marshall Islands exported $74.1k to Brazil. The main products exported from Marshall Islands to Brazil were Sodium or Potassium Peroxides ($30.3k), Other Inorganic Acids ($22.1k), and Valves ($14.5k). During the last 25 years the exports of Marshall Islands to Brazil have increased at an annualized rate of 7.82%, from $20.6k in 1997 to $74.1k in 2022.

Exports from Brazil (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Marshall Islands
Top Destination
Germany$327M

This map shows whether countries import more from Brazil or Marshall Islands. Each country is colored based on the difference in imports they receive from Brazil and Marshall Islands or the difference in the growth in imports.

In 2021, countries that imported more from Brazil than Marshall Islands were China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2021, countries that imported more from Marshall Islands than Brazil were Tanzania ($41M) and Rwanda ($10.3M).

Difference in imports from Marshall Islands (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Marshall Islands

Flow
Scale

This chart compares trade between Brazil and Marshall Islands by product, considering products traded by both, Brazil and Marshall Islands.

During 2022, Brazil had a large net trade with Marshall Islands in the exports of Mineral Products ($409M), Animal Products ($3.93M), and Foodstuffs ($3.22M).

During 2022, Marshall Islands had a large net trade with Brazil in the exports of Chemical Products ($52.4k), Machines ($14.5k), and Animal Products ($7.26k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Brazil has comparative advantage over Marshall Islands. Similarly, the more yellow a dot/product is, the more Marshall Islands has comparative advantage over Brazil.

Product Space of Brazil (Flag) and Marshall Islands (Flag) (2022)

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