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2022
Flag → Flag
Exports $7.26MRnk 146 / 210
2022
Flag → Flag
Top Product $1.09MIron Structures
2022
Flag → Flag
Exports $603kRnk 4 / 38
2022
Flag → Flag
Top Product $244kScrap Iron
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133

About

Chinese Taipei-Palau Trade: In 2022, Chinese Taipei exported $7.26M to Palau. The main products that Chinese Taipei exported to Palau were Iron Structures ($1.09M), Flavored Water ($474k), and Motor vehicles; parts and accessories (8701 to 8705) ($402k). Over the past 5 years the exports of Chinese Taipei to Palau have decreased at an annualized rate of 22%, from $25.2M in 2017 to $7.26M in 2022.

In 2022, Chinese Taipei did not export any services to Palau.

Palau-Chinese Taipei Trade: In 2022, Palau exported $603k to Chinese Taipei. The main products that Palau exported to Chinese Taipei were Scrap Iron ($244k), Scrap Aluminium ($173k), and Scrap Copper ($116k). Over the past 5 years the exports of Palau to Chinese Taipei have decreased at an annualized rate of 4.19%,  from $747k in 2017 to $603k in 2022.

In 2022, Palau did not export any services to Chinese Taipei.

Comparison In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94),  and 11 in total exports ($542B). 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, Chinese Taipei exported $7.26M to Palau. The main products exported from Chinese Taipei to Palau were Iron Structures ($1.09M), Flavored Water ($474k), and Motor vehicles; parts and accessories (8701 to 8705) ($402k). During the last 5 years the exports of Chinese Taipei to Palau have decreased at an annualized rate of 22%, from $25.2M in 2017 to $7.26M in 2022.

In 2017, Palau exported $603k to Chinese Taipei. The main products exported from Palau to Chinese Taipei were Scrap Iron ($244k), Scrap Aluminium ($173k), and Scrap Copper ($116k). During the last 5 years the exports of Palau to Chinese Taipei have decreased at an annualized rate of 4.19%, from $747k in 2022 to $603k in 2017.

Exports from Chinese Taipei (Flag) to Palau (Flag) (2022)

Exports from Palau (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top DestinationN/AN/A
Palau
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from Palau (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Palau

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Palau in the exports of Metals ($2.12M), Machines ($1.24M), and Plastics and Rubbers ($910k).

During 2017, Palau had a large net trade with Chinese Taipei in the exports of Metals ($555k), Plastics and Rubbers ($44.6k), and Mineral Products ($2.99k).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Palau (Flag) (2022)

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