2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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About

Singapore-Palau In 2022, Singapore exported $4.23M to Palau. The main products that Singapore exported to Palau are Electrical Transformers ($1.5M), Flavored Water ($861k), and Refined Petroleum ($490k). During the last 23 years the exports of Singapore to Palau have increased at an annualized rate of 3.95%, from $1.73M in 1999 to $4.23M in 2022.

In 2022, Singapore did not export any services to Palau.

Palau-Singapore In 2022, Palau exported $105k to Singapore. The main products that Palau exported to Singapore were Computers ($99.5k), Aircraft Parts ($4.06k), and Electric Motors ($992). During the last 23 years the exports of Palau to Singapore have increased at an annualized rate of 30.4%, from $233 in 1999 to $105k in 2022.

In 2022, Palau did not export any services to Singapore.

Comparison In 2022,  Singapore ranked 5 in the Economic Complexity Index (ECI 1.53),  and 21 in total exports ($379B). 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 2022, Singapore exported $4.23M to Palau. The main products exported from Singapore to Palau were Electrical Transformers ($1.5M), Flavored Water ($861k), and Refined Petroleum ($490k). During the last 23 years the exports of Singapore to Palau have increased at an annualized rate of 3.95%, from $1.73M in 1999 to $4.23M in 2022.

In 2022, Palau exported $105k to Singapore. The main products exported from Palau to Singapore were Computers ($99.5k), Aircraft Parts ($4.06k), and Electric Motors ($992). During the last 22 years the exports of Palau to Singapore have increased at an annualized rate of 30.4%, from $233 in 2000 to $105k in 2022.

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

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

Latest Data

Trade between Singapore (Flag) and Palau (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Palau
Top Destination
Greece$2.11M

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

In 2021, countries that imported more from Singapore than Palau were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2019, no countries were registered that imported more from Palau than from Singapore.

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

Comparative Advantage Singapore - Palau

Flow
Scale

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

During 2022, Singapore had a large net trade with Palau in the exports of Machines ($1.7M), Foodstuffs ($1.36M), and Mineral Products ($534k).

During 2022, Palau had a large net trade with Singapore in the exports of Machines ($101k), Transportation ($4.06k), and Precious Metals ($313).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Singapore has comparative advantage over Palau. Similarly, the more yellow a dot/product is, the more Palau has comparative advantage over Singapore.

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

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