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2023
Flag → Flag
Exports $53.4MRnk 138 / 219
2023
Flag → Flag
Top Product $53.3MRecreational Boats
2023
Flag → Flag
Exports $623kRnk 126 / 0
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag  
GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP$282MCURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP GROWTH25.1%CURRENT US$
Rnk 126 / 195
2023
Flag
GDP PC $39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC$15,899CURRENT US$
Rnk 71 / 196
2013-2023
Flag
GDP PC GROWTH24.5%CURRENT US$
Rnk 89 / 195

About

Italy-Palau Trade: In 2023, Italy exported $53.4M to Palau. The main products that Italy exported to Palau were Recreational Boats ($53.3M), Tensile Testing Machines ($21.6k), and Electric Furnaces ($6.87k). Over the past 5 years the exports of Italy to Palau have increased at an annualized rate of 127%, from $876k in 2018 to $53.4M in 2023.

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

Palau-Italy Trade: In 2023, Palau exported $623k to Italy. The main products that Palau exported to Italy were N/A. Over the past 5 years the exports of Palau to Italy have increased at an annualized rate of 195%,  from $2.81k in 2018 to $623k in 2023.

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

Comparison In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29),  and 6 in total exports ($638B). That same year, Palau ranked 221 in total exports ($5.6M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Palau, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Palau were . In N/A the top imports of Italy from Palau were .

Growth In N/A, the N/A in Italy's year-by-year exports to Palau was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Palau was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Palau and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Palau and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $53.4M to Palau. The main products exported from Italy to Palau were Recreational Boats ($53.3M), Tensile Testing Machines ($21.6k), and Electric Furnaces ($6.87k). During the last 5 years the exports of Italy to Palau have increased at an annualized rate of 127%, from $876k in 2018 to $53.4M in 2023.

In 2016, Palau exported $623k to Italy. There were not main exports from Palau to Italy in 2016. During the last 5 years the exports of Palau to Italy have increased at an annualized rate of 195%, from $2.81k in 2021 to $623k in 2016.

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

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

Market Competitiveness

Color
Italy
Top DestinationN/AN/A
Palau
Top DestinationN/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) (2023)

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 2023, Italy had a large net trade with Palau in the exports of Transportation ($53.3M), Instruments ($21.6k), and Machines ($19.3k).

During 2016, Palau had a large net trade with Italy in the exports of .

Economic Complexity

Competitive Landscape

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

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

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