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Who does the Marshall Islands rely on?

The largest supplier of the Marshall Islands in 2024 is China, with 41.6% of what the Marshall Islands buys. Its share was 26.2% in 2019 and 0.07% in 1995. 67 of the 103 products the Marshall Islands buys for more than $1 million have a supplier selling more than 50% of what the Marshall Islands buys of that product; in 29, more than 75%. In those products, purchases from each one’s dominant supplier add up to 22.1% of what the Marshall Islands buys.

Summary

Largest supplier: China
41.6%
Concentration (HHI)
2,313
Products with a supplier above 50%
67
Products with a supplier above 75%
29

Concentration index (HHI): 2,313 out of 10,000; equivalent to splitting purchases among 4 suppliers of the same size

Trend

Trend in shares

China went from 0.07% to 41.6% of what the Marshall Islands buys

Share (%)

  • China 41.6%
  • South Korea 20.3%
  • Japan 9.9%
  • Netherlands 5.4%
  • Singapore 3.1%

Source: CEPII BACI

Show the numbers
YearLargest supplierShare
1995Germany58.4%
1996Japan53.8%
1997Japan79.2%
1998United States27.2%
1999Japan45.5%
2000South Korea46%
2001South Korea51.7%
2002South Korea51.2%
2003South Korea59.6%
2004South Korea43.7%
2005South Korea47.6%
2006South Korea37.2%
2007South Korea45.9%
2008South Korea55.6%
2009South Korea76.6%
2010South Korea48.2%
2011South Korea57.8%
2012South Korea45.2%
2013South Korea69.7%
2014South Korea62.7%
2015South Korea50.9%
2016South Korea49.9%
2017South Korea51.1%
2018China22.4%
2019South Korea37.9%
2020South Korea40.2%
2021South Korea32.4%
2022China32.7%
2023South Korea42.9%
2024China41.6%

Its suppliers

  1. China$5.3 billion · 41.6%
  2. South Korea$2.6 billion · 20.3%
  3. Japan$1.3 billion · 9.9%
  4. Netherlands$684 million · 5.4%
  5. Singapore$397 million · 3.1%
  6. Turkey$377 million · 3%
  7. Denmark$361 million · 2.8%
  8. Brazil$320 million · 2.5%
  9. Italy$231 million · 1.8%
  10. Germany$213 million · 1.7%

Some of these goods may have been produced in another country: countries record origin in different ways.

Products with a dominant supplier

Of the 103 products the Marshall Islands buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.

ProductSupplierShareSecondValue
Refined petroleumChina58.1%Brazil · 11.8%$2.6 billion
Yachts and pleasure boatsNetherlands67.5%Italy · 19.4%$1 billion
3D printersChina97.5%over 75%Japan · 2%$195 million
Steel structuresChina98.8%over 75%Italy · 0.6%$121 million
Shipping containersChina99.9%over 75%Taiwan · 0.03%$77 million
Engine partsChina57.6%Japan · 21.9%$69 million
Centrifuges and filtersChina86%over 75%Turkey · 4.5%$44 million
Synthetic paints and varnishesChina81.3%over 75%Greece · 11.2%$40 million
Other industrial machinesChina93.7%over 75%Japan · 2.9%$21 million
Valves and tapsChina56.6%Japan · 27.5%$11 million
Air pumps, compressors and fansChina65%Japan · 24.4%$11 million
Transmission shafts, gears and gearboxesJapan58.9%China · 29.9%$9 million
Rope, twine and fishing netsTaiwan82.3%over 75%Japan · 14.6%$8 million
Control panelsChina84.1%over 75%United States · 7.8%$8 million
Physical and chemical analysis instrumentsIndonesia78.4%over 75%China · 11.4%$7 million
Water heaters and industrial dryersChina87.8%over 75%Japan · 7.6%$7 million
Other rubber articlesChina65.2%Japan · 24.4%$7 million
Cameras and broadcast equipmentGermany73.2%China · 8.4%$6 million
Transformers and power suppliesUnited States55.1%China · 16.2%$6 million
Poultry meatUnited States80.5%over 75%Brazil · 11.3%$5 million
Frozen fishChina63%Taiwan · 19.4%$5 million
Other iron or steel articlesChina67%Turkey · 7.5%$5 million
Parts for broadcast equipmentUnited States66%China · 19.7%$4 million
Iron or steel chainsChina83.5%over 75%Turkey · 9.4%$4 million
Bread, biscuits and pastriesUnited States54.8%Philippines · 13.4%$4 million

and 42 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Some of these goods may have been produced in another country: countries record origin in different ways.

Countries that sell more than 50% of some product; the darker, the higher the value of those products.

Selling: who it relies on

Largest customer: Germany
21%
Concentration (HHI)
1,001

Concentration index (HHI): 1,001 out of 10,000; equivalent to splitting sales among 10 customers of the same size

Trend in shares

Germany went from 0.03% to 21% of what the Marshall Islands sells

Share (%)

  • Germany 21%
  • Denmark 15.9%
  • Thailand 9.5%
  • Cyprus 7%
  • Norway 6%

Source: CEPII BACI

Show the numbers
YearLargest customerShare
1995Japan61.7%
1996Japan78%
1997Japan51.6%
1998Italy55.6%
1999Thailand63.8%
2000Thailand56.2%
2001Germany43.6%
2002Greece40.2%
2003Poland26.4%
2004Belgium74.9%
2005Germany42.4%
2006Germany41.4%
2007Poland35.3%
2008Denmark47.5%
2009Poland25.6%
2010Côte d'Ivoire38.2%
2011Poland31.1%
2012Thailand50.3%
2013Namibia36.5%
2014Thailand29.3%
2015Poland37%
2016Greece23.8%
2017Denmark27.3%
2018South Korea18.9%
2019Poland26.6%
2020Netherlands25.6%
2021Denmark29.2%
2022Germany30.5%
2023Netherlands18.3%
2024Germany21%

10 of the 13 products the Marshall Islands sells for more than $1 million have a customer buying more than 50% of what the Marshall Islands sells of that product; in 10, more than 75%. In those products, sales to each one’s dominant customer add up to 12.3% of what the Marshall Islands sells.

ProductCustomerShareSecondValue
Frozen fishThailand78.1%over 75%China · 10.1%$76 million
Dredgers and floating cranesThailand100%over 75%—$36 million
Fresh fishUnited States99.6%over 75%Japan · 0.39%$11 million
Fish filletsUnited States87.1%over 75%Philippines · 7.4%$9 million
Sorting and crushing machinesThailand100%over 75%Zimbabwe · 0%$6 million
TugboatsIsrael100%over 75%—$6 million
Wood joineryNetherlands100%over 75%—$2 million
Live fishUnited States75.4%over 75%Netherlands · 5.1%$2 million
Other knitted fabricIndonesia93%over 75%Brazil · 6.9%$1 million
Steel barsIndonesia100%over 75%—$1 million

Concentration compared

The closest countries in the concentration ranking (HHI, highest first).

RankCountryHHI
36Cook Islands2,351
37Mexico2,339
38Marshall Islands2,313
39Venezuela2,295
40Palestine2,244
41Tuvalu2,242

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.