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Pricing

2022
Flag → Flag
Exports $1.93kRnk 26 / 38
2022
Flag → Flag
Top Product $1.93kEnzymes
2022
Flag → Flag
Exports $9.47kRnk 223 / 224
2022
Flag → Flag
Top Product $6.72kAntiques
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Palau-United Kingdom Trade: In 2022, Palau exported $1.93k to United Kingdom. The main products that Palau exported to United Kingdom were Enzymes ($1.93k). Over the past 5 years the exports of Palau to United Kingdom have decreased at an annualized rate of 14%, from $4.11k in 2017 to $1.93k in 2022.

In 2022, Palau did not export any services to United Kingdom.

United Kingdom-Palau Trade: In 2022, United Kingdom exported $9.47k to Palau. The main products that United Kingdom exported to Palau were Antiques ($6.72k) and Hand Tools ($2.74k). Over the past 5 years the exports of United Kingdom to Palau have decreased at an annualized rate of 50.3%,  from $312k in 2017 to $9.47k in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palau exported $1.93k to United Kingdom. The main products exported from Palau to United Kingdom were Enzymes ($1.93k). During the last 5 years the exports of Palau to United Kingdom have decreased at an annualized rate of 14%, from $4.11k in 2017 to $1.93k in 2022.

In 2017, United Kingdom exported $9.47k to Palau. The main products exported from United Kingdom to Palau were Antiques ($6.72k) and Hand Tools ($2.74k). During the last 5 years the exports of United Kingdom to Palau have decreased at an annualized rate of 50.3%, from $312k in 2022 to $9.47k in 2017.

Exports from Palau (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Palau (Flag) (2022)

Latest Data

Trade between Palau (Flag) and United Kingdom (Flag)

Palau Exports

Date

United Kingdom Exports

Market Competitiveness

Color
Palau
Top DestinationN/AN/A
United Kingdom
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from United Kingdom (Flag) and Palau (Flag) (2022)

Comparative Advantage Palau - United Kingdom

Flow
Scale

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

During 2022, Palau had a large net trade with United Kingdom in the exports of Chemical Products ($1.93k).

During 2017, United Kingdom had a large net trade with Palau in the exports of Arts and Antiques ($6.72k) and Metals ($2.74k).

Economic Complexity

Competitive Landscape

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

Product Space of Palau (Flag) and United Kingdom (Flag) (2022)

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