Goods exports in Marshall Islands
Marshall Islands: Goods exports was 101.35 million BoP, current US$ in 2024. ◆ Volatile
Goods exports in Marshall Islands, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Marshall Islands recorded 101.35 million BoP, current US$ for goods exports in 2024.
The figure is up 24.8% on the previous year and up 33.6% over ten years.
Over the whole period, goods exports in Marshall Islands peaked at 120.57 million BoP, current US$ in 2021 and was at its lowest, 17.90 million BoP, current US$, in 2006.
That places Marshall Islands 182nd out of 200 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods exports in Marshall Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 23.46 million BoP, current US$ | — |
| 2006 | 17.90 million BoP, current US$ | -23.7% |
| 2007 | 18.33 million BoP, current US$ | +2.4% |
| 2008 | 20.23 million BoP, current US$ | +10.4% |
| 2009 | 20.79 million BoP, current US$ | +2.7% |
| 2010 | 45.57 million BoP, current US$ | +119.2% |
| 2011 | 66.48 million BoP, current US$ | +45.9% |
| 2012 | 106.79 million BoP, current US$ | +60.6% |
| 2013 | 101.75 million BoP, current US$ | -4.7% |
| 2014 | 75.83 million BoP, current US$ | -25.5% |
| 2015 | 38.65 million BoP, current US$ | -49.0% |
| 2016 | 37.65 million BoP, current US$ | -2.6% |
| 2017 | 69.39 million BoP, current US$ | +84.3% |
| 2018 | 86.00 million BoP, current US$ | +23.9% |
| 2019 | 84.12 million BoP, current US$ | -2.2% |
| 2020 | 79.82 million BoP, current US$ | -5.1% |
| 2021 | 120.57 million BoP, current US$ | +51.1% |
| 2022 | 88.97 million BoP, current US$ | -26.2% |
| 2023 | 81.24 million BoP, current US$ | -8.7% |
| 2024 | 101.35 million BoP, current US$ | +24.8% |
Marshall Islands compared with similar countries
- Marshall Islands's 101.35 million BoP, current US$ is below the median for upper middle income countries, which is 12.77 billion BoP, current US$, 1% of the median. (57 countries reporting)
- Marshall Islands's 101.35 million BoP, current US$ is below the median for East Asia & Pacific, which is 10.29 billion BoP, current US$, 1% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.14 million BoP, current US$ | 17.90 million BoP, current US$ | 23.46 million BoP, current US$ | 5 |
| 2010s | 71.22 million BoP, current US$ | 37.65 million BoP, current US$ | 106.79 million BoP, current US$ | 10 |
| 2020s | 94.39 million BoP, current US$ | 79.82 million BoP, current US$ | 120.57 million BoP, current US$ | 5 |
Countries ranked near Marshall Islands
- 179 Saint Lucia 143.94 million BoP, current US$ compare
- 180 Chad 135.30 million BoP, current US$
- 181 East Timor 126.36 million BoP, current US$ compare
- 183 Antigua and Barbuda 96.00 million BoP, current US$ compare
- 184 Micronesia (country) 88.09 million BoP, current US$ compare
- 185 Vanuatu 73.61 million BoP, current US$ compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
Frequently asked questions
- What is goods exports in Marshall Islands?
- Goods exports in Marshall Islands was 101.35 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods exports recorded in Marshall Islands?
- The highest recorded value was 120.57 million BoP, current US$ in 2021.
- What is the lowest goods exports recorded in Marshall Islands?
- The lowest recorded value was 17.90 million BoP, current US$ in 2006.
- How does Marshall Islands rank for goods exports?
- Marshall Islands ranks 182nd out of 200 countries with data for 2024.
- Is goods exports rising or falling in Marshall Islands?
- Over the last ten years it is up 33.6%. The long-run trend across the full record is volatile.
- 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 Goods exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods occur when there are 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. 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.