2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Palau-United States Trade: In 2022, Palau exported $540k to United States. The main products that Palau exported to United States were Live Fish ($379k), Surveying Equipment ($78.1k), and Coral and Shells ($56.9k). Over the past 5 years the exports of Palau to United States have decreased at an annualized rate of 12.7%, from $1.07M in 2017 to $540k in 2022.

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

United States-Palau Trade: In 2022, United States exported $21M to Palau. The main products that United States exported to Palau were Other Edible Preparations ($3.19M), Frozen Bovine Meat ($1.69M), and Poultry Meat ($1.3M). Over the past 5 years the exports of United States to Palau have decreased at an annualized rate of 16.5%,  from $51.7M in 2017 to $21M in 2022.

In 2022, United States 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 States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palau exported $540k to United States. The main products exported from Palau to United States were Live Fish ($379k), Surveying Equipment ($78.1k), and Coral and Shells ($56.9k). During the last 5 years the exports of Palau to United States have decreased at an annualized rate of 12.7%, from $1.07M in 2017 to $540k in 2022.

In 2017, United States exported $21M to Palau. The main products exported from United States to Palau were Other Edible Preparations ($3.19M), Frozen Bovine Meat ($1.69M), and Poultry Meat ($1.3M). During the last 5 years the exports of United States to Palau have decreased at an annualized rate of 16.5%, from $51.7M in 2022 to $21M in 2017.

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

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

Latest Data

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

Palau Exports

United States Exports

Market Competitiveness

Color
Palau
Top Destination
Greece$2.11M
United States
Top Destination
Canada$308B

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

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

In 2022, countries that imported more from United States than Palau included Canada ($308B), Mexico ($294B), and China ($151B).

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

Comparative Advantage Palau - United States

Flow
Scale

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

During 2022, Palau had a large net trade with United States in the exports of Animal Products ($435k), Instruments ($83.2k), and Stone And Glass ($10.1k).

During 2017, United States had a large net trade with Palau in the exports of Foodstuffs ($5.88M), Animal Products ($4.5M), and Machines ($4M).

Economic Complexity

Competitive Landscape

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

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

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