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2023
Flag → Flag
Exports $2.43kRnk 20 / 43
2023
Flag → Flag
Top Product $2.4kOffice Machine Parts
2023
Flag → Flag
Exports $42MRnk 192 / 208
2023
Flag → Flag
Top Product $10.2MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag  
GDP$282MCURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP GROWTH25.1%CURRENT US$
Rnk 126 / 195
2023
Flag
 GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC $15,899CURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP PC GROWTH24.5%CURRENT US$
Rnk 89 / 195
2023
Flag
GDP PC$12,614CURRENT US$
Rnk 80 / 196
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195

About

Palau-China Trade: In 2023, Palau exported $2.43k to China. The main products that Palau exported to China were Office Machine Parts ($2.4k) and Rubber Belting ($34). Over the past 5 years the exports of Palau to China have decreased at an annualized rate of 44.4%, from $45.8k in 2018 to $2.43k in 2023.

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

China-Palau Trade: In 2023, China exported $42M to Palau. The main products that China exported to Palau were Refined Petroleum ($10.2M), Boat Propellers ($8.95M), and Large Construction Vehicles ($1.93M). Over the past 5 years the exports of China to Palau have increased at an annualized rate of 30.1%,  from $11.3M in 2018 to $42M in 2023.

In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Palau exported $2.43k to China. The main products exported from Palau to China were Office Machine Parts ($2.4k) and Rubber Belting ($34). During the last 5 years the exports of Palau to China have decreased at an annualized rate of 44.4%, from $45.8k in 2018 to $2.43k in 2023.

In 2018, China exported $42M to Palau. The main products exported from China to Palau were Refined Petroleum ($10.2M), Boat Propellers ($8.95M), and Large Construction Vehicles ($1.93M). During the last 5 years the exports of China to Palau have increased at an annualized rate of 30.1%, from $11.3M in 2023 to $42M in 2018.

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

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

Latest Data

Trade between Palau (Flag) and China (Flag)

China Exports

Market Competitiveness

Color
Palau
Top DestinationIndia$2.28M
China
Top DestinationUnited States$436B

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

In 2023, no countries were registered that imported more from Palau than from China.

In 2023, countries that imported more from China than Palau included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

Comparative Advantage Palau - China

Flow
Scale

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

During 2023, Palau had a large net trade with China in the exports of Machines ($2.4k) and Plastics and Rubbers ($34).

During 2018, China had a large net trade with Palau in the exports of Machines ($17.2M), Mineral Products ($10.4M), and Metals ($3.44M).

Economic Complexity

Competitive Landscape

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

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

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