Marshall Isds-USA Bilateral Trade Analysis 2023
Complete trade statistics: $62.53M total volume •Marshall Isds deficit: $28.13M
Marshall Isds → USA
$17.20M
Exports (2023)
USA → Marshall Isds
$45.33M
Imports (2023)
Trade Balance
$28.13M
Deficit for Marshall Isds
Total Trade
$62.53M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Marshall Isds and USA. Green line shows exports from Marshall Isds, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Marshall Isds-USA commercial relationship and competitive positioning in global markets.
Marshall Isds → USA Exports
Export Market Intelligence
🎯 Strategic Export Focus
Marshall Isds's export portfolio to USA demonstrates strategic specialization, with fish: fresh or chilled, bigeye tunas (thunnus obesus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99 representing a key competitive advantage in this bilateral market.
USA → Marshall Isds Imports
Import Dependency Profile
📦 Import Strategy Analysis
Marshall Isds's import pattern from USA reveals significant dependencyin food preparations: n.e.c. in item no. 2106.10, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Marshall Isds demonstrates competitive strength in exportingfish: fresh or chilled, bigeye tunas (thunnus obesus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99 to USA, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $62.53M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Marshall Isds-USA Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $62.53 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Marshall Isds maintains a deficit of $28.13 million
- Export Focus: Marshall Isds's primary exports include fish: fresh or chilled, bigeye tunas (thunnus obesus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99, fish fillets: frozen, tunas (of the genus thunnus), skipjack or stripe-bellied bonito (euthynnus (katsuwonus) pelamis), fish fillets: fresh or chilled, other than fish of heading 0304.4
- Import Dependencies: Key imports from USA include food preparations: n.e.c. in item no. 2106.10, food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products, meat and edible offal: of fowls of the species gallus domesticus, not cut in pieces, fresh or chilled
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $62.53M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Marshall Isds leveraging its comparative advantages in fish: fresh or chilled, bigeye tunas (thunnus obesus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Marshall Isds's specialization in fish: fresh or chilled, bigeye tunas (thunnus obesus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99complements USA's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in food preparations: n.e.c. in item no. 2106.10.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $62.53M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $62.53M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $62.53 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in fish: fresh or chilled, bigeye tunas (thunnus obesus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99 and food preparations: n.e.c. in item no. 2106.10 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Marshall Isds's trade deficit of $28.13 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Marshall Isds and USA represents a total trade volume of $62.53 million in 2023. This partnership demonstrates an unfavorable trade balance for Marshall Isds, with imports exceeding exportsby $28.13 million.
Export Strengths
Marshall Isds's exports to USA total $17.20 million, with competitive advantages in fish: fresh or chilled, bigeye tunas (thunnus obesus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99, representing $8.11M or47.2% of bilateral exports.
Import Dependencies
Imports from USA amount to $45.33 million, highlighting economic interdependence in food preparations: n.e.c. in item no. 2106.10, with Food preparations: n.e.c. in item no. 2106.10 comprising5.9% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Marshall Isds's strategic sourcing from USA. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Marshall Isds and USA in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023