Australia-Palau Trade: In 2022, Australia exported $2M to Palau. The main products that Australia exported to Palau were Video Displays ($780k), Other Prepared Meat ($316k), and Rolled Tobacco ($153k). Over the past 5 years the exports of Australia to Palau have decreased at an annualized rate of 3.81%, from $2.43M in 2017 to $2M in 2022.
In 2022, Australia did not export any services to Palau.
Palau-Australia Trade: In 2022, Palau exported $185k to Australia. The main products that Palau exported to Australia were Computers ($100k), Office Machine Parts ($82.4k), and Refined Petroleum ($1.94k). Over the past 5 years the exports of Palau to Australia have decreased at an annualized rate of 27.1%, from $901k in 2017 to $185k in 2022.
In 2022, Palau did not export any services to Australia.
Comparison In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index.