Products Imported from China to Marshall Islands

In the calendar year of 2023, China exported goods worth US$3.47 billion to Marshall Islands. Among the main exports from China to Marshall Islands were Passenger and Cargo Ships (US$1.48 billion), Refined Petroleum (US$1.41 billion), Additive manufacturing machines (US$176 million), Centrifuges (US$82.01 million) and Iron Structures (US$80.48 million). Over the span of 28 years, China’s exports to Marshall Islands have grown steadily at an annualized rate of 40.1%, rising from US$386,000 in 1995 to US$3.47 billion in 2023.

List of All Products That Were Imported from China to Marshall Islands

The table below presents a comprehensive list of all commodities that were exported from China to Marshall Islands in 2023, categorized by product types, and ranked by their trade values in US dollars.

Tips to use this table

1. Identifying High-Demand Products: Analyze the top-ranked products to identify which items have the highest trade values. These products are likely to be in high demand in the Marshall Islands market, presenting lucrative opportunities for importers and resellers.
2. Niche Market Exploration: Explore products with significant trade values that may not be commonly known. These niche products could represent untapped market segments with less competition, allowing resellers and importers to carve out a unique position in the market.

Last Updated: April, 2024

Note #1: The HS4 code, or Harmonized System 4-digit code, is part of the Harmonized Commodity Description and Coding System (HS). It’s an internationally standardized system for classifying goods in international trade.

Note #2: This table is regularly updated on an annual basis. Therefore, we encourage you to revisit frequently to access the latest information regarding trade between China and Marshall Islands.

Trade Agreements between China and Marshall Islands

China and the Marshall Islands do not have formal diplomatic relations, as the Marshall Islands recognizes Taiwan rather than the People’s Republic of China. This recognition aligns the Marshall Islands with Taiwan in terms of diplomatic and economic relationships, which impacts the type of formal agreements, including trade agreements, that might otherwise be possible with China.

However, it’s important to understand the broader context and implications of this diplomatic stance:

1. Lack of Bilateral Agreements: Because the Marshall Islands maintains official diplomatic relations with Taiwan, there are no direct bilateral trade agreements, investment treaties, or formal economic cooperation frameworks established with China. This alignment with Taiwan precludes the establishment of such relations with China under the One China Policy, which China enforces strictly.
2. Indirect Economic Interactions: Despite the lack of formal agreements, there could be indirect economic interactions between Chinese entities and the Marshall Islands through third-party countries or international organizations. These interactions are, however, not governed by any specific trade agreements between China and the Marshall Islands.
3. Regional and Multilateral Settings: The Marshall Islands may interact with China in multilateral forums or through regional cooperative initiatives that include multiple Pacific Island Such interactions could focus on climate change, environmental protection, and sustainable development, areas where China is increasingly active in providing support to Pacific Island nations.
4. Future Potential: The geopolitical dynamics in the Pacific region are subject to change, and shifts in diplomatic relations could potentially open avenues for future economic and trade agreements, depending on the Marshall Islands’ foreign policy decisions and regional developments.

Currently, the relationship between the Marshall Islands and China is primarily influenced by the Marshall Islands’ diplomatic recognition of Taiwan, which shapes their international trade and economic policy decisions. This situation highlights the significant impact of diplomatic relations on trade and economic interactions on the global stage.