Marshall Islands
Total Trade Compared to the same month a year ago
Compared to last month
Total Exports Compared to the same month a year ago
Compared to last month
Total Imports Compared to the same month a year ago
Compared to last month
RankAmong U.S. trading partners this month
Rank 2022 this month
Marshall Islands’s total trade with the United States was $5.14 million in January, a change of -82.77 percent from the same month one year ago. The change in exports was -86.19 percent and the change in imports was -12.05 percent. Marshall Islands ranked No. 176 among U.S. trade partners in January. It had ranked No. 121 for the same month last year.
The top three U.S. exports by value in January were Chicken and other poultry, (2) Cell phones, related equipment, and (3) Compasses, similar devices. The top three U.S. imports from Marshall Islands, also by value, were Fish, fresh or chilled, (2) Fish fillets, chilled or frozen, and (3) Respiration equipment, etc.. By tonnage, the top three U.S. exports were (1) Chicken and other poultry, (2) Prepared foods, beverages, and (3) Cranes, derricks, industrial-use vehicles. The top three U.S. imports, also by tonnage, were (1) Fish, fresh or chilled, (2) Fish fillets, chilled or frozen, and (3) Live fish.
Top Trading Ports
| Rank | Port | YTD |
|---|---|---|
| 1 | Honolulu International Airport, Hawaii | $849,391 |
| 2 | Port of Honolulu, Hawaii | $788,479 |
| 3 | Port of Oakland, Calif. | $727,099 |
| 4 | Cleveland’s Hopkins International Airport, Ohio | $658,447 |
| 5 | Port of Long Beach | $641,621 |
| 6 | Port of Port Arthur, Texas | $400,000 |
| 7 | Low-Valued Imports and Exports | $368,903 |
| 8 | Port of New Orleans | $243,875 |
| 9 | Port of San Francisco, Calif. | $226,000 |
| 10 | Low Value | $150,305 |
Overall Rank
Top Exports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Chicken and other poultry | $509,869 |
| 2 | Cell phones, related equipment | $476,808 |
| 3 | Compasses, similar devices | $400,000 |
| 4 | Low-value shipments | $368,903 |
| 5 | Books, brochures | $261,572 |
| 6 | Cranes, derricks, industrial-use vehicles | $254,000 |
| 7 | Prepared foods, beverages | $250,483 |
| 8 | Bread, pastry, cakes | $170,337 |
| 9 | Prepared or preserved meat | $164,633 |
| 10 | Compressors and pumps | $95,819 |
Top Imports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Fish, fresh or chilled | $649,452 |
| 2 | Fish fillets, chilled or frozen | $163,995 |
| 3 | Respiration equipment, etc. | $156,880 |
| 4 | Estimates of low-value imports | $150,305 |
| 5 | Live fish | $72,426 |
| 6 | Returned exports, without change | $16,602 |
| 7 | Vacuum cleaners, parts | $0 |
| 8 | Plasma, vaccines, blood | $0 |
| 9 | Prefabricated buildings | $0 |
| 10 | Passenger vehicles | $0 |
U.S. trade with Marshall Islands fell 82.77 percent through January
Marshall Islands’s trade with the United States decreased to $5.14 million through the first month of 2023, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 82.77 percent below its total trade during the same month a year ago. U.S. exports to Marshall Islands decreased 86.19 percent while U.S. imports from Marshall Islands fell 12.05 percent. The U.S. surplus with Marshall Islands was $2.72 million.
Through January, the top five among the nation’s airports, seaports and border crossings were No. 1 Honolulu International Airport, Hawaii; No. 2 Port of Honolulu, Hawaii; No. 3 Port of Oakland, Calif.; No. 4 Cleveland’s Hopkins International Airport, Ohio; and No. 5 Port of Long Beach. During the same period the previous year, the top five were No. 1 Port of Houston; No. 2 Low-Valued Imports and Exports; No. 3 Honolulu International Airport, Hawaii; No. 4 Port of Honolulu, Hawaii and No. 5 Port of Tacoma, Wash.. In the current time period, the top five accounted for 71.34 percent of Marshall Islands’s U.S. trade.
Among those top five:
- Trade with No. 1 Honolulu International Airport, Hawaii fell 47.46 percent to $849,391.
Exports fell 97.31 percent to $14,213. Imports fell 23.19 percent to $835,178. - Trade with No. 2 Port of Honolulu, Hawaii fell 38.23 percent to $788,479.
Exports fell 38.23 percent to $788,479. There were no imports. - Trade with No. 3 Port of Oakland, Calif. rose 35.32 percent to $727,099.
Exports rose 35.32 percent to $727,099. There were no imports. - Trade with No. 4 Cleveland’s Hopkins International Airport, Ohio rose 1650.12 percent to $658,447.
Exports rose 1605.99 percent to $641,845. Imports totaled $16,602. - Trade with No. 5 Port of Long Beach rose 19.64 percent to $641,621.
Exports fell 7.27 percent to $484,741. Imports rose 1057.27 percent to $156,880.
Marshall Islands ranked No. 176 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 121.
Meanwhile, total U.S. trade with the world increased to $419.84 billion, up 6.16 percent compared to the same period last year. The nation’s exports climbed 12.31 percent to $165.49 billion; imports climbed 2.51 percent to $254.35 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $88.86 billion, down compared to the same period of last year when the deficit was $100.78 billion.
The top five U.S. exports to Marshall Islands by value through January were the categories of Chicken and other poultry; Cell phones, related equipment; Compasses, similar devices; Low-value shipments; and Books, brochures, respectively. They accounted for 51.36 percent of total exports to Marshall Islands.
The value of the top five categories of U.S. imports from Marshall Islands –– Fish, fresh or chilled; Fish fillets, chilled or frozen; Respiration equipment, etc.; Estimates of low-value imports; and Live fish –– accounted for 98.63 percent of all inbound shipments.
Looking more closely at U.S. exports to Marshall Islands:
- Chicken and other poultry rose 55.29 percent compared to last year to $509,869.
- Cell phones, related equipment rose 345.81 percent compared to last year to $476,808.
- Compasses, similar devices totaled $400,000. The previous year, there were no exports in this category.
- Low-value shipments fell 88.2 percent compared to last year to $368,903.
- Books, brochures totaled $261,572. The previous year, there were no exports in this category.
Looking more closely at U.S. imports from Marshall Islands:
- Fish, fresh or chilled fell 20.91 percent compared to last year to $649,452.
- Fish fillets, chilled or frozen fell 33.72 percent compared to last year to $163,995.
- Respiration equipment, etc. totaled $156,880. The previous year, there were no imports in this category.
- Estimates of low-value imports fell 30.97 percent compared to last year to $150,305.
- Live fish rose 76.44 percent compared to last year to $72,426.
In the latest annual figures available, Marshall Islands recorded $286.1 million in trade with the United States. Total U.S. exports to Marshall Islands were $ 269 million and imports from Marshall Islands were $17.1 million. The U.S. surplus with Marshall Islands was $251.91 million.