2022
Flag  
GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
GDP PC 
$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH
13.8%CURRENT US$
Rnk 100 / 186

About

Papua New Guinea-Palau Trade: In 2020, Papua New Guinea exported $48.2k to Palau. The main products that Papua New Guinea exported to Palau were N/A. Over the past 13 years the exports of Papua New Guinea to Palau have increased at an annualized rate of 33.3%, from $1.14k in 2007 to $48.2k in 2020.

In 2020, Papua New Guinea did not export any services to Palau.

Palau-Papua New Guinea Trade: In 2020, Palau exported $9.41k to Papua New Guinea. The main products that Palau exported to Papua New Guinea were N/A. Over the past 13 years the exports of Palau to Papua New Guinea have decreased at an annualized rate of 4.46%,  from $11.8k in 2007 to $9.41k in 2020.

In 2020, Palau did not export any services to Papua New Guinea.

Comparison In 2022,  Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53),  and 87 in total exports ($15.4B). That same year, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Papua New Guinea exported $48.2k to Palau. There were not main exports from Papua New Guinea to Palau in 2020. During the last 13 years the exports of Papua New Guinea to Palau have increased at an annualized rate of 33.3%, from $1.14k in 2007 to $48.2k in 2020.

In 2016, Palau exported $9.41k to Papua New Guinea. There were not main exports from Palau to Papua New Guinea in 2016. During the last 5 years the exports of Palau to Papua New Guinea have decreased at an annualized rate of 4.46%, from $11.8k in 2021 to $9.41k in 2016.

Exports from Papua New Guinea (Flag) to Palau (Flag) (2021)

Exports from Palau (Flag) to Papua New Guinea (Flag) (2021)

Market Competitiveness

Color
Papua New Guinea
Top Destination
Japan$4.03B
Palau
Top Destination
Greece$2.11M

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

In 2022, countries that imported more from Papua New Guinea than Palau included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).

In 2022, countries that imported more from Palau than Papua New Guinea included El Salvador ($60.2k), Mozambique ($27.4k), and Colombia ($61.5k).

Difference in imports from Palau (Flag) and Papua New Guinea (Flag) (2022)

Comparative Advantage Papua New Guinea - Palau

Flow
Scale

This chart compares trade between Papua New Guinea and Palau by product, considering products traded by both, Papua New Guinea and Palau.

During 2020, Papua New Guinea had a large net trade with Palau in the exports of .

During 2016, Palau had a large net trade with Papua New Guinea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Papua New Guinea (Flag) and Palau (Flag) (2021)

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