Marshall Islands
On this page you will find beneficial information regarding foreign direct investment in / trading with Marshall Islands. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Constitutional Government in Free Association with the United States
Population: 41,569 (2022)
GDP: 279.67 million USD (2022)
Corporate Tax Rate: 0.8% - 3%
Personal Income Tax Rate: 8% - 12%
Major Exports: The top exports of Marshall Islands are Passenger and Cargo Ships ($642M), Special Purpose Ships ($156M), Refined Petroleum ($95.3M), Recreational Boats ($91.1M), and Non-fillet Frozen Fish ($55.6M), exporting mostly to Germany ($327M), Denmark ($159M), United Kingdom ($158M), Malta ($66.2M), and Indonesia ($58.1M).
Major Imports: The top imports of Marshall Islands are Passenger and Cargo Ships ($6.8B), Refined Petroleum ($2.76B), Recreational Boats ($207M), Additive manufacturing machines ($181M), and Centrifuges ($97.9M), importing mostly from China ($3.47B), South Korea ($3.25B), Japan ($1.23B), Chinese Taipei ($441M), and Brazil ($424M).
Investment Agency: Office of Commerce, Investment & Tourism
Website: https://www.rmiocit.org/
National Chamber of Commerce: Chamber of Commerce
Website: https://www.rmiembassyus.org/
Customs Agency: Marshall Islands Customs Division
Website: http://web.archive.org/web/20210125200238/https://rmi-mof.com/division-of-customs-treasury-revenue-and-taxation/exchange-of-information/
