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2023
Flag → Flag
Exports $261kRnk 5 / 43
2023
Flag → Flag
Top Product $135kComputers
2023
Flag → Flag
Exports $9.68MRnk 182 / 211
2023
Flag → Flag
Top Product $2.16MCars
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag  
GDP$282MCURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP GROWTH25.1%CURRENT US$
Rnk 126 / 195
2023
Flag
 GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
Flag
GDP PC $15,899CURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP PC GROWTH24.5%CURRENT US$
Rnk 89 / 195
2023
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GDP PC$33,767CURRENT US$
Rnk 38 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195

About

Palau-Japan Trade: In 2023, Palau exported $261k to Japan. The main products that Palau exported to Japan were Computers ($135k), Office Machine Parts ($37.4k), and Collector's Items ($29.4k). Over the past 5 years the exports of Palau to Japan have decreased at an annualized rate of 59%, from $22.6M in 2018 to $261k in 2023.

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

Japan-Palau Trade: In 2023, Japan exported $9.68M to Palau. The main products that Japan exported to Palau were Cars ($2.16M), Engine Parts ($856k), and Electrical Control Boards ($673k). Over the past 5 years the exports of Japan to Palau have decreased at an annualized rate of 6.27%,  from $18.5M in 2018 to $9.68M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Palau exported $261k to Japan. The main products exported from Palau to Japan were Computers ($135k), Office Machine Parts ($37.4k), and Collector's Items ($29.4k). During the last 5 years the exports of Palau to Japan have decreased at an annualized rate of 59%, from $22.6M in 2018 to $261k in 2023.

In 2018, Japan exported $9.68M to Palau. The main products exported from Japan to Palau were Cars ($2.16M), Engine Parts ($856k), and Electrical Control Boards ($673k). During the last 5 years the exports of Japan to Palau have decreased at an annualized rate of 6.27%, from $18.5M in 2023 to $9.68M in 2018.

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

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

Latest Data

Trade between Palau (Flag) and Japan (Flag)

Palau Exports

Japan Exports

Market Competitiveness

Color
Palau
Top DestinationIndia$2.28M
Japan
Top DestinationUnited States$143B

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

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

In 2023, countries that imported more from Japan than Palau included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Palau - Japan

Flow
Scale

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

During 2023, Palau had a large net trade with Japan in the exports of Machines ($179k), Arts and Antiques ($29.4k), and Animal Products ($26.2k).

During 2018, Japan had a large net trade with Palau in the exports of Machines ($3.8M), Transportation ($3.05M), and Foodstuffs ($1.22M).

Economic Complexity

Competitive Landscape

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

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

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