2022
Flag  
GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC 
$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186

About

Marshall Islands-Palau Trade: In 2018, Marshall Islands exported $587 to Palau. The main products that Marshall Islands exported to Palau were N/A. Over the past 5 years the exports of Marshall Islands to Palau have decreased at an annualized rate of 50.8%, from $20.5k in 2013 to $587 in 2018.

In 2018, Marshall Islands did not export any services to Palau.

Palau-Marshall Islands In N/A, Palau did not export any products to Marshall Islands.

In 2018, Palau did not export any services to Marshall Islands.

Comparison In 2022,  Marshall Islands ranked 160 in total exports ($1.1B). That same year, Palau ranked 219 in total exports ($7.75M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Marshall Islands exported $587 to Palau. There were not main exports from Marshall Islands to Palau in 2018. During the last 5 years the exports of Marshall Islands to Palau have decreased at an annualized rate of 50.8%, from $20.5k in 2013 to $587 in 2018.

Palau does not register exports to Marshall Islands.

Exports from Marshall Islands (Flag) to Palau (Flag) (2018)

Exports from Palau (Flag) to Marshall Islands (Flag) (2018)

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Palau
Top Destination
Greece$2.11M

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

In 2022, countries that imported more from Marshall Islands than Palau included Germany ($327M), Denmark ($159M), and United Kingdom ($158M).

In 2022, countries that imported more from Palau than Marshall Islands included Chinese Taipei ($603k), Australia ($185k), and New Zealand ($96k).

Difference in imports from Palau (Flag) and Marshall Islands (Flag) (2022)

Comparative Advantage Marshall Islands - Palau

Flow
Scale

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

During 2018, Marshall Islands had a large net trade with Palau in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and Palau (Flag) (2018)

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