2022
Flag
 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

In N/A, Palau did not export any services to Azerbaijan.

Azerbaijan-Palau Trade: In N/A, Azerbaijan exported $3.48k to Palau. The main products that Azerbaijan exported to Palau were N/A. Over the past N/A years the exports of Azerbaijan to Palau have increased at an annualized rate of 67.6%,  from $263 in N/A to $3.48k in N/A.

In N/A, Azerbaijan did not export any services to Palau.

Comparison In 2022,  Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index. That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

Palau does not register exports to Azerbaijan.

In 2011, Azerbaijan exported $3.48k to Palau. There were not main exports from Azerbaijan to Palau in 2011. During the last 5 years the exports of Azerbaijan to Palau have increased at an annualized rate of 67.6%, from $263 in 2016 to $3.48k in 2011.

Exports from Palau (Flag) to Azerbaijan (Flag) (2021)

Exports from Azerbaijan (Flag) to Palau (Flag) (2021)

Market Competitiveness

Color
Palau
Top Destination
Greece$2.11M
Azerbaijan
Top Destination
Italy$18.3B

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

In 2022, countries that imported more from Palau than Azerbaijan included El Salvador ($60.2k), Colombia ($61.5k), and Mozambique ($27.4k).

In 2022, countries that imported more from Azerbaijan than Palau included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Comparative Advantage Palau - Azerbaijan

Flow
Scale

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

During 2011, Azerbaijan 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 Palau and Azerbaijan. This means that a dot/product with the flag of Palau indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Palau.

Product Space of Palau (Flag) and Azerbaijan (Flag) (2021)

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