2022
Flag
 GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH
-32.5%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC
$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH
-31.2%CURRENT US$
Rnk 178 / 186

About

Palau-Japan Trade: In 2022, Palau exported $21.4M to Japan. The main products that Palau exported to Japan were Computers ($1.52M), Office Machine Parts ($437k), and Broadcasting Equipment ($31.1k). Over the past 5 years the exports of Palau to Japan have increased at an annualized rate of 6.64%, from $15.5M in 2017 to $21.4M in 2022.

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

Japan-Palau Trade: In 2022, Japan exported $28.4M to Palau. The main products that Japan exported to Palau were Cars ($2.4M), Broadcasting Equipment ($1.54M), and Delivery Trucks ($704k). Over the past 5 years the exports of Japan to Palau have increased at an annualized rate of 22.5%,  from $10.3M in 2017 to $28.4M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palau exported $21.4M to Japan. The main products exported from Palau to Japan were Computers ($1.52M), Office Machine Parts ($437k), and Broadcasting Equipment ($31.1k). During the last 5 years the exports of Palau to Japan have increased at an annualized rate of 6.64%, from $15.5M in 2017 to $21.4M in 2022.

In 2017, Japan exported $28.4M to Palau. The main products exported from Japan to Palau were Cars ($2.4M), Broadcasting Equipment ($1.54M), and Delivery Trucks ($704k). During the last 22 years the exports of Japan to Palau have increased at an annualized rate of 22.5%, from $10.3M in 1995 to $28.4M in 2017.

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

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

Latest Data

Trade between Palau (Flag) and Japan (Flag)

Palau Exports

Japan Exports

Market Competitiveness

Color
Palau
Top Destination
Greece$2.11M
Japan
Top Destination
United States$137B

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

In 2022, countries that imported more from Japan than Palau included United States ($137B), China ($135B), and South Korea ($50.8B).

Difference in imports from Japan (Flag) and Palau (Flag) (2022)

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 2022, Palau had a large net trade with Japan in the exports of Machines ($1.98M), Animal Products ($23.3k), and Foodstuffs ($12.1k).

During 2017, Japan had a large net trade with Palau in the exports of Transportation ($4.49M), Machines ($4.19M), and Foodstuffs ($1.35M).

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) (2022)

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