Palau (PLW) and Colombia (COL) Trade | The Observatory of Economic Complexity

About

Palau-Colombia Trade: In 2022, Palau exported $61.5k to Colombia. The main products that Palau exported to Colombia were Kaolin Coated Paper ($60.8k), Knit Socks and Hosiery ($692), and Woven Fabric of Synthetic Staple Fibers ($8). Over the past 5 years the exports of Palau to Colombia have increased at an annualized rate of 149%, from $645 in 2017 to $61.5k in 2022.

In 2022, Palau did not export any services to Colombia.

Colombia-Palau Trade: In 2022, Colombia exported $685 to Palau. The main products that Colombia exported to Palau were N/A. Over the past 5 years the exports of Colombia to Palau have decreased at an annualized rate of 5.1%, from $890 in 2017 to $685 in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Palau exported $61.5k to Colombia. The main products exported from Palau to Colombia were Kaolin Coated Paper ($60.8k), Knit Socks and Hosiery ($692), and Woven Fabric of Synthetic Staple Fibers ($8). During the last 5 years the exports of Palau to Colombia have increased at an annualized rate of 149%, from $645 in 2017 to $61.5k in 2022.

In 2012, Colombia exported $685 to Palau. There were not main exports from Colombia to Palau in 2012. During the last 5 years the exports of Colombia to Palau have decreased at an annualized rate of 5.1%, from $890 in 2017 to $685 in 2012.

Exports from Palau () to Colombia () (2022)

Exports from Colombia () to Palau () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palau
Top DestinationGreece$2.11M

Colombia
Top DestinationUnited States$15.6B

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

In 2022, no countries were registered that imported more from Palau than from Colombia.

In 2022, countries that imported more from Colombia than Palau included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

Difference in imports from Colombia () and Palau () (2022)

Comparative Advantage Palau - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Palau had a large net trade with Colombia in the exports of Paper Goods ($60.8k) and Textiles ($700).

During 2012, Colombia had a large net trade with Palau in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Palau () to Colombia () (2022)

Exports from Colombia () to Palau () (2022)

Market Competitiveness

Difference in imports from Colombia () and Palau () (2022)

Comparative Advantage Palau - Colombia

Economic Complexity

Competitive Landscape

Product Space of Palau () and Colombia () (2022)

Keep Exploring