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Pricing

2022
Flag → Flag
Exports $441MRnk 50 / 210
2022
Flag → Flag
Top Product $405MRefined Petroleum
2022
Flag → Flag
Exports $2.34MRnk 60 / 80
2022
Flag → Flag
Top Product $9.3kNon-fillet Frozen Fish
2022
Flag
 GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

Chinese Taipei-Marshall Islands In 2022, Chinese Taipei exported $441M to Marshall Islands. The main products that Chinese Taipei exported to Marshall Islands are Refined Petroleum ($405M), Fishing Ships ($14.8M), and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($10.4M). During the last 22 years the exports of Chinese Taipei to Marshall Islands have increased at an annualized rate of 6.05%, from $121M in 2000 to $441M in 2022.

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

Marshall Islands-Chinese Taipei In 2022, Marshall Islands exported $9.3k to Chinese Taipei. The main products that Marshall Islands exported to Chinese Taipei were Non-fillet Frozen Fish ($9.3k). During the last 22 years the exports of Marshall Islands to Chinese Taipei have decreased at an annualized rate of 6.18%, from $37.8k in 2000 to $9.3k in 2022.

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

Comparison In 2022,  Chinese Taipei ranked 11 in total exports ($542B). That same year, Marshall Islands ranked 160 in total exports ($1.1B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $441M to Marshall Islands. The main products exported from Chinese Taipei to Marshall Islands were Refined Petroleum ($405M), Fishing Ships ($14.8M), and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($10.4M). During the last 26 years the exports of Chinese Taipei to Marshall Islands have increased at an annualized rate of 8.61%, from $1.11k in 1996 to $441M in 2022.

In 2022, Marshall Islands exported $9.3k to Chinese Taipei. The main products exported from Marshall Islands to Chinese Taipei were Non-fillet Frozen Fish ($9.3k). During the last 27 years the exports of Marshall Islands to Chinese Taipei have decreased at an annualized rate of 3.26%, from $1.02M in 1995 to $9.3k in 2022.

Exports from Chinese Taipei (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$121B
Marshall Islands
Top DestinationGermany$327M

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

In 2021, countries that imported more from Chinese Taipei than Marshall Islands were China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

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

Difference in imports from Marshall Islands (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Marshall Islands

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Marshall Islands in the exports of Mineral Products ($405M), Transportation ($14.9M), and Textiles ($11.2M).

During 2022, Marshall Islands had a large net trade with Chinese Taipei in the exports of Animal Products ($9.3k).

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 Chinese Taipei has comparative advantage over Marshall Islands. Similarly, the more yellow a dot/product is, the more Marshall Islands has comparative advantage over Chinese Taipei.

Product Space of Chinese Taipei (Flag) and Marshall Islands (Flag) (2022)

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