2023
Flag  
GDP
$282MCURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP GROWTH
25.1%CURRENT US$
Rnk 126 / 195
2023
Flag
 GDP
$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC 
$15,899CURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP PC GROWTH
24.5%CURRENT US$
Rnk 89 / 195
2023
Flag
GDP PC
$54,701CURRENT US$
Rnk 20 / 196
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 113 / 195

About

Palau-Belgium Trade: In 2021, Palau exported $78 to Belgium. The main products that Palau exported to Belgium were N/A. Over the past 11 years the exports of Palau to Belgium have decreased at an annualized rate of 48.4%, from $113k in 2010 to $78 in 2021.

In 2021, Palau did not export any services to Belgium.

Belgium-Palau Trade: In 2021, Belgium exported $2.5k to Palau. The main products that Belgium exported to Palau were N/A. Over the past 11 years the exports of Belgium to Palau have decreased at an annualized rate of 26.2%,  from $177k in 2010 to $2.5k in 2021.

In 2021, Belgium did not export any services to Palau.

Comparison In 2023,  Palau ranked 221 in total exports ($5.6M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Palau exported $78 to Belgium. There were not main exports from Palau to Belgium in 2021. During the last 11 years the exports of Palau to Belgium have decreased at an annualized rate of 48.4%, from $113k in 2010 to $78 in 2021.

In 2017, Belgium exported $2.5k to Palau. There were not main exports from Belgium to Palau in 2017. During the last 5 years the exports of Belgium to Palau have decreased at an annualized rate of 26.2%, from $177k in 2022 to $2.5k in 2017.

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

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

Latest Data

Trade between Palau (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

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

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

N/A

N/A

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

Comparative Advantage Palau - Belgium

Flow
Scale

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

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

During 2017, Belgium 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 Belgium. This means that a dot/product with the flag of Palau indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Palau.

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

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