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2021
Flag → Flag
Exports $826kRnk 157 / 0
2021
Flag → Flag
Exports $8.67MRnk 175 / 219
2021
Flag → Flag
Top Product $5.52MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Palau-Turkey Trade: In 2021, Palau exported $826k to Turkey. The main products that Palau exported to Turkey were N/A. Over the past 5 years the exports of Palau to Turkey have increased at an annualized rate of 20.7%, from $323k in 2016 to $826k in 2021.

In 2021, Palau did not export any services to Turkey.

Turkey-Palau Trade: In 2021, Turkey exported $8.67M to Palau. The main products that Turkey exported to Palau were Refined Petroleum ($5.52M), Passenger and Cargo Ships ($1.39M), and Centrifuges ($653k). Over the past 5 years the exports of Turkey to Palau have increased at an annualized rate of 63.6%,  from $738k in 2016 to $8.67M in 2021.

In 2021, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Palau exported $826k to Turkey. There were not main exports from Palau to Turkey in 2021. During the last 5 years the exports of Palau to Turkey have increased at an annualized rate of 20.7%, from $323k in 2016 to $826k in 2021.

In 2017, Turkey exported $8.67M to Palau. The main products exported from Turkey to Palau were Refined Petroleum ($5.52M), Passenger and Cargo Ships ($1.39M), and Centrifuges ($653k). During the last 5 years the exports of Turkey to Palau have increased at an annualized rate of 63.6%, from $738k in 2022 to $8.67M in 2017.

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

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

Latest Data

Trade between Palau (Flag) and Turkey (Flag)

Turkey Exports

Market Competitiveness

Color
Palau
Top DestinationN/AN/A
Turkey
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage Palau - Turkey

Flow
Scale

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

During 2021, Palau had a large net trade with Turkey in the exports of .

During 2017, Turkey had a large net trade with Palau in the exports of Mineral Products ($5.52M), Transportation ($1.8M), and Machines ($1.13M).

Economic Complexity

Competitive Landscape

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

Product Space of Palau (Flag) and Turkey (Flag) (2022)

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