Oceania ยท Country profile
Marshall Islands
India-Marshall Islands trade corridor: $15.9B bilateral trade, $5.5B FDI into India.
$15.9B
Trade with India
+14.4% YoY
$1.78T
GDP
Nominal
$5.5B
FDI into India
Cumulative
+$0.3B
Trade balance
India surplus
Top exports to Marshall Islands
- Pharmaceuticals
- Textiles and apparel
- Auto components
Top imports from Marshall Islands
- Scientific instruments
- Machinery
- Aircraft parts
Trade corridor with India
2025: $15.9B ยท 5-yr CAGR 11.9%
Goods trade in USD billion, illustrative demo figures.
Latest Marshall Islands stories
Trade3h ago7 min read
India-Marshall Islands bilateral trade hits a new quarterly high
FDI6h ago3 min read
Marshall Islands investors commit fresh capital to Indian manufacturing
Policy9h ago4 min read
Revised tariff schedule for India-Marshall Islands goods notified
Technology12h ago5 min read
India and Marshall Islands deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 6% to 4% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 8 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Marshall Islands Business Forum
Nov 2026 ยท New Delhi
Delegation
Trade delegation to Marshall Islands
Jan 2027 ยท Marshall Islands
Buyer meet
Marshall Islands buyers-sellers meet
Feb 2027 ยท Mumbai
Policy
Joint working group on market access
Apr 2027 ยท Virtual
Opportunity sectors
๐ฅซS30Food Processing Industries10% projected demand growth๐บS35Information and Broadcasting20% projected demand growth๐ฉบS40Medical Devices & Healthtech25% projected demand growth๐S45Pharmaceutical16% projected demand growth๐๏ธS50Semiconductors23% projected demand growthโ๏ธS55Steel15% projected demand growth