2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-Palau In 2022, Italy exported $9.26M to Palau. The main products that Italy exported to Palau are Recreational Boats ($9.25M), Valves ($4.22k), and Centrifuges ($3.29k). During the last 27 years the exports of Italy to Palau have increased at an annualized rate of 19.5%, from $75.9k in 1995 to $9.26M in 2022.

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

Palau-Italy In 2022, Palau exported $623k to Italy. The main products that Palau exported to Italy were N/A. During the last 27 years the exports of Palau to Italy have increased at an annualized rate of 10.5%, from $41.7k in 1995 to $623k in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). 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, Italy exported $9.26M to Palau. The main products exported from Italy to Palau were Recreational Boats ($9.25M), Valves ($4.22k), and Centrifuges ($3.29k). During the last 27 years the exports of Italy to Palau have increased at an annualized rate of 19.5%, from $75.9k in 1995 to $9.26M in 2022.

In 2021, Palau exported $623k to Italy. There were not main exports from Palau to Italy in 2021. During the last 21 years the exports of Palau to Italy have increased at an annualized rate of 10.5%, from $41.7k in 2000 to $623k in 2021.

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

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

Market Competitiveness

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

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

N/A

N/A

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

Comparative Advantage Italy - Palau

Flow
Scale

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

During 2022, Italy had a large net trade with Palau in the exports of Transportation ($9.25M), Machines ($8.87k), and Textiles ($2.66k).

During 2021, Palau had a large net trade with Italy in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Palau. Similarly, the more yellow a dot/product is, the more Palau has comparative advantage over Italy.

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

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