2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$282MCURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP GROWTH
25.1%CURRENT US$
Rnk 126 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$15,899CURRENT US$
Rnk 71 / 196
2013-2023
Flag
GDP PC GROWTH
24.5%CURRENT US$
Rnk 89 / 195

About

Brazil-Palau Trade: In 2023, Brazil exported $2.11M to Palau. The main products that Brazil exported to Palau were Refined Petroleum ($2.06M), Kraft Paper ($6.13k), and Water ($2.74k). Over the past 5 years the exports of Brazil to Palau have increased at an annualized rate of 65.4%, from $170k in 2018 to $2.11M in 2023.

In 2023, Brazil did not export any services to Palau.

Palau-Brazil Trade: In 2023, Palau exported $10.2k to Brazil. The main products that Palau exported to Brazil were Low-voltage Protection Equipment ($10.1k), Insulated Wire ($70), and Electrical Lighting and Signalling Equipment ($20). Over the past 5 years the exports of Palau to Brazil have decreased at an annualized rate of 23.1%,  from $38k in 2018 to $10.2k in 2023.

In 2023, Palau did not export any services to Brazil.

Comparison In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31),  and 22 in total exports ($355B). 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, Brazil exported $2.11M to Palau. The main products exported from Brazil to Palau were Refined Petroleum ($2.06M), Kraft Paper ($6.13k), and Water ($2.74k). During the last 5 years the exports of Brazil to Palau have increased at an annualized rate of 65.4%, from $170k in 2018 to $2.11M in 2023.

In 2018, Palau exported $10.2k to Brazil. The main products exported from Palau to Brazil were Low-voltage Protection Equipment ($10.1k), Insulated Wire ($70), and Electrical Lighting and Signalling Equipment ($20). During the last 5 years the exports of Palau to Brazil have decreased at an annualized rate of 23.1%, from $38k in 2023 to $10.2k in 2018.

Exports from Brazil (Flag) to Palau (Flag) (2023)

Exports from Palau (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Palau
Top Destination
India$2.28M

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

In 2023, countries that imported more from Brazil than Palau included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, no countries were registered that imported more from Palau than from Brazil.

Difference in imports from Palau (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Palau

Flow
Scale

This chart compares trade between Brazil and Palau by product, considering products traded by both, Brazil and Palau.

During 2023, Brazil had a large net trade with Palau in the exports of Mineral Products ($2.06M), Foodstuffs ($11.8k), and Vegetable Products ($11.7k).

During 2018, Palau had a large net trade with Brazil in the exports of Machines ($10.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Palau (Flag) (2023)

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