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Economy > Trade > Exports Stats: compare key data on Marshall Islands & United Kingdom

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Definitions

  • Commodities: A rank ordering of exported products starting with the most important; it sometimes includes the percent of total dollar value.
  • Export growth: Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights. For economies for which UNCTAD does not publish data, the export volume indexes (lines 72) in the IMF's International Financial Statistics are used."
  • Export growth in USD: Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's export value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the export value indexes are derived from export volume indexes (line 72) and corresponding unit value indexes of exports (line 74) in the IMF's International Financial Statistics."
  • Export procedure fees > US$ per container: Cost measures the fees levied on a 20-foot container in U.S. dollars. All the fees associated with completing the procedures to export or import the goods are included. These include costs for documents, administrative fees for customs clearance and technical control, customs broker fees, terminal handling charges and inland transport. The cost measure does not include tariffs or trade taxes. Only official costs are recorded. Several assumptions are made for the business surveyed: Has 60 or more employees; Is located in the country's most populous city; Is a private, limited liability company. It does not operate within an export processing zone or an industrial estate with special export or import privileges; Is domestically owned with no foreign ownership; Exports more than 10% of its sales. Assumptions about the traded goods: The traded product travels in a dry-cargo, 20-foot, full container load. The product: Is not hazardous nor does it include military items; Does not require refrigeration or any other special environment; Does not require any special phytosanitary or environmental safety standards other than accepted international standards."
  • Exports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Exports of goods and services per capita: GDP by Type of Expenditure at current prices - US dollars. Figures expressed per capita for the same year.
  • Merchandise exports > Current US$: Merchandise exports (current US$). Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars.
  • Merchandise exports > Current US$, % of GDP: Merchandise exports (current US$). Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Merchandise trade > % of GDP: Merchandise trade (% of GDP). Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.
  • Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per capita figures expressed per 1 population.
  • Time to export > Days: Time to export (days). Time is recorded in calendar days. The time calculation for a procedure starts from the moment it is initiated and runs until it is completed. If a procedure can be accelerated for an additional cost, the fastest legal procedure is chosen. It is assumed that neither the exporter nor the importer wastes time and that each commits to completing each remaining procedure without delay. Procedures that can be completed in parallel are measured as simultaneous. The waiting time between procedures--for example, during unloading of the cargo--is included in the measure.
  • Time to export > Days per million: Time to export (days). Time is recorded in calendar days. The time calculation for a procedure starts from the moment it is initiated and runs until it is completed. If a procedure can be accelerated for an additional cost, the fastest legal procedure is chosen. It is assumed that neither the exporter nor the importer wastes time and that each commits to completing each remaining procedure without delay. Procedures that can be completed in parallel are measured as simultaneous. The waiting time between procedures--for example, during unloading of the cargo--is included in the measure. Figures expressed per million population for the same year.
STAT Marshall Islands United Kingdom HISTORY
Commodities copra cake, coconut oil, handicrafts, fish manufactured goods, fuels, chemicals; food, beverages, tobacco
Export growth 146.58
Ranked 64th. 47% more than United Kingdom
99.5
Ranked 107th.

Export growth in USD 230.16
Ranked 66th. 78% more than United Kingdom
129.49
Ranked 121st.

Export procedure fees > US$ per container $945.00
Ranked 118th.
$1,030.00
Ranked 107th. 9% more than Marshall Islands

Exports of goods and services 24.67 million
Ranked 198th.
780.14 billion
Ranked 4th. 31629 times more than Marshall Islands

Exports of goods and services per capita 469.33
Ranked 158th.
12,338.63
Ranked 41st. 26 times more than Marshall Islands

Merchandise exports > Current US$ $35.00 million
Ranked 189th.
$468.37 billion
Ranked 12th. 13382 times more than Marshall Islands

Merchandise exports > Current US$, % of GDP 18.73%
Ranked 116th.
19.23%
Ranked 115th. 3% more than Marshall Islands

Merchandise trade > % of GDP 93.63%
Ranked 37th. 98% more than United Kingdom
47.17%
Ranked 132nd.

Per $ GDP $0.08 per $1 of GDP
Ranked 8th.
$0.19 per $1 of GDP
Ranked 117th. 2 times more than Marshall Islands

Per capita $307.09 per capita
Ranked 7th.
$7,275.87 per capita
Ranked 33th. 24 times more than Marshall Islands

Time to export > Days 23
Ranked 55th. 3 times more than United Kingdom
8
Ranked 174th.

Time to export > Days per million 437.64
Ranked 3rd. 3459 times more than United Kingdom
0.127
Ranked 178th.

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; World Bank, Doing Business project (http://www.doingbusiness.org/).; United Nations Statistics Division. Source tables; United Nations Statistics Division. Source tables. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Trade Organization.; World Trade Organization. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; World Trade Organization, and World Bank GDP estimates.; World Bank, Doing Business project (http://www.doingbusiness.org/). Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.

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