Exports of goods and services in Marshall Islands
Marshall Islands: Exports of goods and services was 122.49 million BoP, current US$ in 2024. ▲ Rising
Exports of goods and services in Marshall Islands, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, exports of goods and services in Marshall Islands stood at 122.49 million BoP, current US$.
The figure is up 21.4% on the previous year and up 38.1% over ten years.
Over the whole period, exports of goods and services in Marshall Islands peaked at 130.02 million BoP, current US$ in 2021 and was at its lowest, 27.66 million BoP, current US$, in 2006.
Marshall Islands ranks 193rd of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Exports of goods and services in Marshall Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 33.29 million BoP, current US$ | — |
| 2006 | 27.66 million BoP, current US$ | -16.9% |
| 2007 | 27.73 million BoP, current US$ | +0.3% |
| 2008 | 29.76 million BoP, current US$ | +7.3% |
| 2009 | 30.93 million BoP, current US$ | +3.9% |
| 2010 | 54.96 million BoP, current US$ | +77.7% |
| 2011 | 77.23 million BoP, current US$ | +40.5% |
| 2012 | 116.70 million BoP, current US$ | +51.1% |
| 2013 | 112.78 million BoP, current US$ | -3.4% |
| 2014 | 88.73 million BoP, current US$ | -21.3% |
| 2015 | 47.18 million BoP, current US$ | -46.8% |
| 2016 | 46.08 million BoP, current US$ | -2.3% |
| 2017 | 96.83 million BoP, current US$ | +110.1% |
| 2018 | 128.90 million BoP, current US$ | +33.1% |
| 2019 | 91.39 million BoP, current US$ | -29.1% |
| 2020 | 88.04 million BoP, current US$ | -3.7% |
| 2021 | 130.02 million BoP, current US$ | +47.7% |
| 2022 | 102.72 million BoP, current US$ | -21.0% |
| 2023 | 100.92 million BoP, current US$ | -1.8% |
| 2024 | 122.49 million BoP, current US$ | +21.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.87 million BoP, current US$ | 27.66 million BoP, current US$ | 33.29 million BoP, current US$ | 5 |
| 2010s | 86.08 million BoP, current US$ | 46.08 million BoP, current US$ | 128.90 million BoP, current US$ | 10 |
| 2020s | 108.84 million BoP, current US$ | 88.04 million BoP, current US$ | 130.02 million BoP, current US$ | 5 |
Countries ranked near Marshall Islands
- 190 Vanuatu 152.09 million BoP, current US$ compare
- 191 Comoros 148.46 million BoP, current US$ compare
- 192 Micronesia, Federated States of 126.19 million BoP, current US$ compare
- 194 Sao Tome and Principe 117.58 million BoP, current US$ compare
- 195 Tonga 104.43 million BoP, current US$ compare
- 196 Eritrea 97.72 million BoP, current US$
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- External balance on goods and services -135.00 million current LCU (2025)
Frequently asked questions
- What is exports of goods and services in Marshall Islands?
- Exports of goods and services in Marshall Islands was 122.49 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods and services recorded in Marshall Islands?
- The highest recorded value was 130.02 million BoP, current US$ in 2021.
- What is the lowest exports of goods and services recorded in Marshall Islands?
- The lowest recorded value was 27.66 million BoP, current US$ in 2006.
- How does Marshall Islands rank for exports of goods and services?
- Marshall Islands ranks 193rd out of 200 countries with data for 2024.
- Is exports of goods and services rising or falling in Marshall Islands?
- Over the last ten years it is up 38.1%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Exports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.