Basic Details |
Region | Pacific Region |
Capital City | Majuro |
Government Type | Parliamentary Republic |
Official Languages | Marshallese, English |
Currency | United States dollar, USD |
Phone Code | +692 |
Important Cities | Ajeltake, Delap-Uliga-Djarrit, Ebeye, Laura,Rairok |
National Day | Constitution Day (May-01) |
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Economy |
GDP (nominal) | USD 0.277 Billion |
Ease of Doing Business Ranking | 154 |
Primary Industries | Subsistence economy,Modern economy,Coconut oil,Gross domestic product,Marshall island productivity. |
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Foreign Relations |
Bordering Nations | Wake Island, Kiribati, Nauru, the Federated States of Micronesia |
Member of | (United Nations) |
Major Exports | Marine Vessels, Mining, Metals & Minerals, Pharmaceutical Products, Machinery & Appliances, Wood and Pulp, Automobiles, Vehicles & Components, Other Products, Plastics and Products, Edible Oils & Seeds, Silk & Textiles, Electrical Products, Chemical Products, Instruments & Optical Solutions, Household Items & Products, Hides, Leather & Tannery, Rubber and Products |
Major Imports | Marine Vessels, Other Products, Mining, Metals & Minerals, Machinery & Appliances, Railway and Locomotives, Hides, Leather & Tannery, Electrical Products, Silk & Textiles, Fisheries, Sea Food & Crustaceans, Instruments & Optical Solutions, Edible Oils & Seeds, Automobiles, Vehicles & Components, Animal Meat and Food Preperations, Cereals & Pulses, Plastics and Products, Retail & Fmcg Products, Food & Beverages, Spirits & Vinegar, Rubber and Products |
Total Exports Value | USD 1.562 Billion |
Total Imports Value | USD 16.634 Billion |
Foreign Trade Balance | USD 15.072 Billion (Deficit) |
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Foreign Relations with India |
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Trade Agreements with India | Bilateral trade between India and the Marshall Islands is constrained by the large distance between the two countries and the small size of the Marshallese economy. Trade between the two countries totaled US$ 102.32 million in 201516, rising sharply from $130,000 the previous fiscal. India exported $101.91 million worth of goods to the Marshall Islands, and imported $410,000. The main commodity traded between India and the Marshall Islands is mineral oil and its related products. Pharmaceuticals and drugs are also major Indian exports to the country. |
Major Exports to India | Mining, Metals & Minerals, Chemical Products, Electrical Products, Instruments & Optical Solutions, Machinery & Appliances, Wood and Pulp, Railway and Locomotives, Automobiles, Vehicles & Components, Aviation Vehicles, Marine Vessels |
Major Imports from India | Automobiles, Vehicles & Components, Pharmaceutical Products, Electrical Products, Books and Papers, Machinery & Appliances, Household Items & Products, Chemical Products, Railway and Locomotives, Aviation Vehicles, Marine Vessels, Instruments & Optical Solutions, Cosmetics and Accessories, Music and Instruments, Arms and Ammunitions, Toys and Games, Other Products, Art and Antiques, Silk & Textiles |
India's Imports Value | USD 0.88 Million |
India's Exports Value | USD 0.48 Million |
Trade Balance with India | USD 0.4 Million (Excess) |
Indian Embassy Details for Marshall Islands | Embassy of India H.E. Mr Sibi George Honourable Ambassador 2-2-11 Kudan-Minami, Chiyoda-ku, Tokyo 102-0074 iec.tokyo@mea.gov.in 81 3 3262-2391 to 97 https://www.indembassy-tokyo.gov.in/
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Embassy Details of Marshall Islands in India | Marshall Islands Honorary Consulate of Republic of Marshall Islands in New Delhi H.E. Mr. Pavan G. Morarka Honorary Consul Flat 120, 1st floor,New Delhi House27, Barakhamba RoadNew Delhi-110001 hcrmi@bradys.in 01123720567/ 46144646 (O)
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