2023
Flag
 GDP
$282MCURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP GROWTH
25.1%CURRENT US$
Rnk 126 / 195
2023
Flag
GDP PC
$15,899CURRENT US$
Rnk 71 / 196
2013-2023
Flag
GDP PC GROWTH
24.5%CURRENT US$
Rnk 89 / 195

About

North Korea-Palau Trade: In 2015, North Korea exported $4.17k to Palau. The main products that North Korea exported to Palau were N/A. Over the past 8 years the exports of North Korea to Palau have decreased at an annualized rate of 28.2%, from $59.3k in 2007 to $4.17k in 2015.

In 2015, North Korea did not export any services to Palau.

Palau-North Korea In N/A, Palau did not export any products to North Korea.

In 2015, Palau did not export any services to North Korea.

Comparison In 2023,  North Korea ranked 172 in total exports ($397M). That same year, Palau ranked 221 in total exports ($5.6M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2015, North Korea exported $4.17k to Palau. There were not main exports from North Korea to Palau in 2015. During the last 8 years the exports of North Korea to Palau have decreased at an annualized rate of 28.2%, from $59.3k in 2007 to $4.17k in 2015.

Palau does not register exports to North Korea.

Exports from North Korea (Flag) to Palau (Flag) (2015)

Exports from Palau (Flag) to North Korea (Flag) (2015)

Market Competitiveness

Color
North Korea
Top Destination
China$292M
Palau
Top Destination
India$2.28M

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

In 2023, countries that imported more from North Korea than Palau included China ($292M), Poland ($10.3M), and Senegal ($10.3M).

In 2023, countries that imported more from Palau than North Korea included Turkey ($1.43M), India ($2.28M), and Chinese Taipei ($556k).

Difference in imports from Palau (Flag) and North Korea (Flag) (2023)

Comparative Advantage North Korea - Palau

Flow
Scale

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

During 2015, North Korea had a large net trade with Palau in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Palau (Flag) (2015)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with