2023
Flag  
GDP
$514BCURRENT US$
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2013-2023
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GDP GROWTH
28.5%CURRENT US$
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2023
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 GDP
$282MCURRENT US$
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2013-2023
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GDP GROWTH
25.1%CURRENT US$
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2023
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GDP PC 
$49,041CURRENT US$
Rnk 27 / 195
2013-2023
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GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC
$15,899CURRENT US$
Rnk 71 / 196
2013-2023
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GDP PC GROWTH
24.5%CURRENT US$
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About

United Arab Emirates-Palau Trade: In 2023, United Arab Emirates exported $107k to Palau. The main products that United Arab Emirates exported to Palau were Coated Flat-Rolled Iron ($36.9k), Motor vehicles; parts and accessories (8701 to 8705) ($30.6k), and Rubber Tires ($8.69k). Over the past 5 years the exports of United Arab Emirates to Palau have decreased at an annualized rate of 12.7%, from $212k in 2018 to $107k in 2023.

In 2023, United Arab Emirates did not export any services to Palau.

Palau-United Arab Emirates Trade: In 2023, Palau exported $184k to United Arab Emirates. The main products that Palau exported to United Arab Emirates were Refined Petroleum ($175k), House Linens ($4.83k), and Self-adhesive Plastics ($3.49k). Over the past 5 years the exports of Palau to United Arab Emirates have increased at an annualized rate of 85.8%,  from $8.32k in 2018 to $184k in 2023.

In 2023, Palau did not export any services to United Arab Emirates.

Comparison In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15),  and 21 in total exports ($357B). That same year, Palau ranked 221 in total exports ($5.6M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $107k to Palau. The main products exported from United Arab Emirates to Palau were Coated Flat-Rolled Iron ($36.9k), Motor vehicles; parts and accessories (8701 to 8705) ($30.6k), and Rubber Tires ($8.69k). During the last 5 years the exports of United Arab Emirates to Palau have decreased at an annualized rate of 12.7%, from $212k in 2018 to $107k in 2023.

In 2018, Palau exported $184k to United Arab Emirates. The main products exported from Palau to United Arab Emirates were Refined Petroleum ($175k), House Linens ($4.83k), and Self-adhesive Plastics ($3.49k). During the last 5 years the exports of Palau to United Arab Emirates have increased at an annualized rate of 85.8%, from $8.32k in 2023 to $184k in 2018.

Exports from United Arab Emirates (Flag) to Palau (Flag) (2023)

Exports from Palau (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Palau (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
China$40.2B
Palau
Top Destination
India$2.28M

This map shows whether countries import more from United Arab Emirates or Palau. Each country is colored based on the difference in imports they receive from United Arab Emirates and Palau or the difference in the growth in imports.

In 2023, countries that imported more from United Arab Emirates than Palau included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, no countries were registered that imported more from Palau than from United Arab Emirates.

Difference in imports from Palau (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Palau

Flow
Scale

This chart compares trade between United Arab Emirates and Palau by product, considering products traded by both, United Arab Emirates and Palau.

During 2023, United Arab Emirates had a large net trade with Palau in the exports of Metals ($37.3k), Transportation ($30.6k), and Machines ($20.3k).

During 2018, Palau had a large net trade with United Arab Emirates in the exports of Mineral Products ($175k), Textiles ($4.83k), and Plastics and Rubbers ($3.49k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Palau. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Palau. Similarly, a dot/product with the flag of Palau indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Palau (Flag) (2023)

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