2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 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 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 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

India-Palau Trade: In 2023, India exported $133k to Palau. The main products that India exported to Palau were Cars ($45.5k), Packaged Medicaments ($37.7k), and Light Pure Woven Cotton ($12.6k). Over the past 5 years the exports of India to Palau have decreased at an annualized rate of 2.79%, from $153k in 2018 to $133k in 2023.

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

Palau-India Trade: In 2023, Palau exported $2.28M to India. The main products that Palau exported to India were Scrap Vessels ($1.69M), Refined Petroleum ($378k), and Blank Audio Media ($121k). Over the past 5 years the exports of Palau to India have decreased at an annualized rate of 6.5%,  from $3.18M in 2018 to $2.28M in 2023.

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

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). 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, India exported $133k to Palau. The main products exported from India to Palau were Cars ($45.5k), Packaged Medicaments ($37.7k), and Light Pure Woven Cotton ($12.6k). During the last 5 years the exports of India to Palau have decreased at an annualized rate of 2.79%, from $153k in 2018 to $133k in 2023.

In 2018, Palau exported $2.28M to India. The main products exported from Palau to India were Scrap Vessels ($1.69M), Refined Petroleum ($378k), and Blank Audio Media ($121k). During the last 5 years the exports of Palau to India have decreased at an annualized rate of 6.5%, from $3.18M in 2023 to $2.28M in 2018.

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

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

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Palau
Top Destination
India$2.28M

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

In 2023, countries that imported more from India than Palau included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

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

Comparative Advantage India - Palau

Flow
Scale

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

During 2023, India had a large net trade with Palau in the exports of Transportation ($45.5k), Chemical Products ($39.9k), and Machines ($22k).

During 2018, Palau had a large net trade with India in the exports of Transportation ($1.69M), Mineral Products ($378k), and Machines ($203k).

Economic Complexity

Competitive Landscape

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

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

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