2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Palau-South Africa Trade: In 2022, Palau exported $613 to South Africa. The main products that Palau exported to South Africa were Refined Petroleum ($385), Brochures ($88), and Porcelain Tableware ($39). Over the past 8 years the exports of Palau to South Africa have decreased at an annualized rate of 36.2%, from $22.3k in 2014 to $613 in 2022.

In 2022, Palau did not export any services to South Africa.

South Africa-Palau Trade: In 2022, South Africa exported $571k to Palau. The main products that South Africa exported to Palau were Refined Petroleum ($525k), Chemical Analysis Instruments ($45.7k), and Wine ($59). Over the past 8 years the exports of South Africa to Palau have increased at an annualized rate of 46.3%,  from $85.2k in 2014 to $571k in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palau exported $613 to South Africa. The main products exported from Palau to South Africa were Refined Petroleum ($385), Brochures ($88), and Porcelain Tableware ($39). During the last 8 years the exports of Palau to South Africa have decreased at an annualized rate of 36.2%, from $22.3k in 2014 to $613 in 2022.

In 2017, South Africa exported $571k to Palau. The main products exported from South Africa to Palau were Refined Petroleum ($525k), Chemical Analysis Instruments ($45.7k), and Wine ($59). During the last 5 years the exports of South Africa to Palau have increased at an annualized rate of 46.3%, from $85.2k in 2022 to $571k in 2017.

Exports from Palau (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Palau (Flag) (2022)

Latest Data

Trade between Palau (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Palau
Top Destination
Greece$2.11M
South Africa
Top Destination
China$23.4B

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

In 2022, no countries were registered that imported more from Palau than from South Africa.

In 2022, countries that imported more from South Africa than Palau included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Palau (Flag) (2022)

Comparative Advantage Palau - South Africa

Flow
Scale

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

During 2022, Palau had a large net trade with South Africa in the exports of Mineral Products ($385), Paper Goods ($110), and Stone And Glass ($39).

During 2017, South Africa had a large net trade with Palau in the exports of Mineral Products ($525k), Instruments ($45.7k), and Foodstuffs ($59).

Economic Complexity

Competitive Landscape

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

Product Space of Palau (Flag) and South Africa (Flag) (2022)

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