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Trade between China and the Marshall Islands

In 2024, China exported $5.3 billion to the Marshall Islands and imported $8 million. China ran a surplus of $5.3 billion with the Marshall Islands, compared with a surplus of $2.3 billion in 2019. The Marshall Islands was China’s 89th largest trading partner (0.1% of its trade), and China was the Marshall Islands’ largest (38%).

Summary

China → Marshall Islands
$5.3billion
Marshall Islands → China
$8million
China’s balance
$5.3billion

Balance

China’s trade balance with the Marshall Islands

Trade between China and the Marshall Islands grew 13,779.7-fold since 1995

USD billions (current). China’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 5.3
  • Imports 0
  • Balance +5.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$386 thousand$0$386 thousand
1996$91 thousand$2 thousand$89 thousand
1997$513 thousand$2 thousand$510 thousand
1998$283 thousand$0$283 thousand
1999$322 thousand$0$322 thousand
2000$2 million$5 thousand$2 million
2001$2 million$0$2 million
2002$24 million$11 thousand$24 million
2003$100 million$58 thousand$100 million
2004$105 million$2 thousand$105 million
2005$281 million$70$281 million
2006$457 million$202 thousand$457 million
2007$517 million$35 thousand$517 million
2008$457 million$1 thousand$457 million
2009$1.4 billion$12 million$1.3 billion
2010$1.9 billion$5 million$1.9 billion
2011$2.2 billion$17 million$2.2 billion
2012$1.8 billion$23 million$1.8 billion
2013$1.4 billion$78 million$1.3 billion
2014$1.2 billion$43 million$1.2 billion
2015$3.4 billion$25 million$3.4 billion
2016$4 billion$20 million$3.9 billion
2017$3.1 billion$18 million$3.1 billion
2018$2.2 billion$33 million$2.1 billion
2019$2.4 billion$45 million$2.3 billion
2020$3.3 billion$8 million$3.3 billion
2021$3.2 billion$3 million$3.2 billion
2022$3.5 billion$175 thousand$3.5 billion
2023$3.5 billion$1 million$3.5 billion
2024$5.3 billion$8 million$5.3 billion

What they sell each other

What China sells to the Marshall Islands

The top 10 headings in 2024, with their share of the total.

  1. Cargo and cruise ships$3.1 billion · 59.2%
    1.1 million tonnes · China’s destinations
  2. Refined petroleum$1.5 billion · 28.2%
    2.4 million tonnes · China’s destinations
  3. 3D printers$190 million · 3.6%
    55 thousand tonnes
  4. Steel structures$120 million · 2.3%
    44 thousand tonnes
  5. Shipping containers$77 million · 1.5%
    67 thousand tonnes
  6. Engine parts$40 million · 0.75%
    968 tonnes
  7. Centrifuges and filters$38 million · 0.72%
    1 thousand tonnes
  8. Synthetic paints and varnishes$32 million · 0.61%
    7 thousand tonnes
  9. Other industrial machines$19 million · 0.37%
    894 tonnes
  10. Dredgers and floating cranes$17 million · 0.32%
    3 thousand tonnes

What the Marshall Islands sells to China

The top 10 headings in 2024, with their share of the total.

  1. Frozen fish$8 million · 98.7%
    5 thousand tonnes
  2. Engine parts$38 thousand · 0.49%
    10 tonnes
  3. Iron or steel anchors$22 thousand · 0.28%
    14 tonnes
  4. Phones and telecom equipment$9 thousand · 0.12%
  5. 1 tonne
  6. Valves and taps$5 thousand · 0.06%
    1 tonne
  7. Other plastic articles$4 thousand · 0.05%
  8. Control instruments$2 thousand · 0.02%
  9. Parts for broadcast equipment$2 thousand · 0.02%
    1 tonne

How it travels

Estimated sea route from Shanghai to Majuro.

The estimated sea route between Shanghai and Majuro is 3,360 nautical miles (6,223 km) long: ≈ 8–10 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$5.3 billion · 99%
  2. Air$53 million · 1%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

The Marshall Islands was China’s 89th largest trading partner (0.1% of its trade), and China was the Marshall Islands’ largest (38%).

The Marshall Islands in China’s trade
0.1%
The Marshall Islands’ rank among China’s partners
89th
China in the Marshall Islands’ trade
38.4%
China’s rank among the Marshall Islands’ partners
1st

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.