Marshall Islands Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Marshall Islands's trade balance was $-128.7M in 2025, ranked 78th globally. This represents a 11.8% decrease from 2024. Data from World Bank, covering 1995–2025.
Overview
Marshall Islands's trade balance stood at $-128.7M in 2025, a decline of +$13.6M from 2024. Based on recent trends, this figure is projected to reach $-128.7M by 2025. Marshall Islands ranked 78th globally.
The Marshall Islands has run a persistent trade deficit, standing at –128,675,150.23 in 2025, which places the nation 78th in the world ranking for trade balance. Over the 31‑year series, the deficit widened from –74,815,700.00 in 1995 to a historic low of –183,720,800.00 in 2019, while the best‑ever figure –61,323,000.00 occurred in 1997. The long‑term trajectory reflects limited export diversification and high import dependence, particularly for fuel, foodstuffs and manufactured goods. Compared with regional peers, the Marshall Islands’ deficit exceeds Cambodia’s –104,263,925.75 but remains smaller than Eswatini’s –145,092,532.34, underscoring the vulnerability of small island economies to external price shocks and tourism volatility. Continued efforts to expand niche agricultural and marine exports, coupled with improvements in logistics and renewable energy, could moderate the deficit and shift the trend toward a more balanced trade position in the coming years.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $-146.2M | - | - |
| 2026* trend | $-137.4M | - | - |
| 2025* trend | $-128.7M | - | - |
| 2025 | $-128.7M | −$13.6M | #78 |
| 2024 | $-115.1M | −$6.1M | #86 |
| 2023 | $-109.1M | +$16.1M | #93 |
| 2022 | $-125.2M | −$51.8M | #110 |
| 2021 | $-73.4M | +$15.7M | #103 |
| 2020 | $-89.1M | +$94.6M | #106 |
| 2019 | $-183.7M | −$75.9M | #94 |
| 2018 | $-107.9M | −$7.6M | #102 |
| 2017 | $-100.3M | −$12.8M | #97 |
| 2016 | $-87.5M | +$4.4M | #106 |
| 2015 | $-91.9M | +$2.3M | #115 |
| 2014 | $-94.1M | +$17.0M | #108 |
| 2013 | $-111.1M | −$24.5M | #108 |
| 2012 | $-86.7M | +$741,200 | #111 |
| 2011 | $-87.4M | +$29.6M | #107 |
Analysis
Marshall Islands's trade balance was $-128.7M in 2025, a decline of −$13.6M from 2024. Based on trends, estimated $-128.7M by 2025.
Frequently Asked Questions
Marshall Islands's trade balance was $-128.7M in 2025. Ranked 78th globally. This represents a 11.8% decrease from the previous year.
Marshall Islands's trade balance peaked at $-61.3M in 1997.
The lowest trade balance in Marshall Islands was $-183.7M in 2019.
Marshall Islands ranks 78th globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
Marshall Islands's trade balance is projected to reach $-128.7M by 2025 based on trend extrapolation.
The trade balance of Marshall Islands in 2025 was $-128.7M. This ranks 78th in the world.
Cite this page
@misc{historysaid_marshall-islands_trade-balance,
title = {Marshall Islands Trade Balance},
url = {https://historysaid.com/marshall-islands/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}