2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

China-Palau Trade: In 2022, China exported $20.1M to Palau. The main products that China exported to Palau were Special Purpose Ships ($23.3M), Refined Petroleum ($5.17M), and Electric Batteries ($3.08M). Over the past 5 years the exports of China to Palau have increased at an annualized rate of 172%, from $134k in 2017 to $20.1M in 2022.

In 2022, China did not export any services to Palau.

Palau-China Trade: In 2022, Palau exported $218 to China. The main products that Palau exported to China were Computers ($111k), Office Machine Parts ($6.94k), and Transmissions ($3.77k). Over the past 5 years the exports of Palau to China have decreased at an annualized rate of 63.7%,  from $34.7k in 2017 to $218 in 2022.

In 2022, Palau did not export any services to China.

Comparison In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12),  and 1 in total exports ($3.73T). That same year, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $20.1M to Palau. The main products exported from China to Palau were Special Purpose Ships ($23.3M), Refined Petroleum ($5.17M), and Electric Batteries ($3.08M). During the last 5 years the exports of China to Palau have increased at an annualized rate of 172%, from $134k in 2017 to $20.1M in 2022.

In 2017, Palau exported $218 to China. The main products exported from Palau to China were Computers ($111k), Office Machine Parts ($6.94k), and Transmissions ($3.77k). During the last 22 years the exports of Palau to China have decreased at an annualized rate of 63.7%, from $34.7k in 1995 to $218 in 2017.

Exports from China (Flag) to Palau (Flag) (2022)

Exports from Palau (Flag) to China (Flag) (2022)

Market Competitiveness

Color
China
Top Destination
N/AN/A
Palau
Top Destination
N/AN/A

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

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Difference in imports from Palau (Flag) and China (Flag) (2022)

Comparative Advantage China - Palau

Flow
Scale

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

During 2022, China had a large net trade with Palau in the exports of Transportation ($24.3M), Machines ($10M), and Metals ($6.24M).

During 2017, Palau had a large net trade with China in the exports of Machines ($121k), Precious Metals ($1.91k), and Plastics and Rubbers ($1.65k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Palau+N/AN/A
Top Product Potential Palau China+N/AN/A

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Economic Complexity

Competitive Landscape

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

Product Space of China (Flag) and Palau (Flag) (2022)

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