2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

United States-Palau In 2022, United States exported $21M to Palau. The main products that United States exported to Palau are Other Edible Preparations ($3.19M), Frozen Bovine Meat ($1.69M), and Poultry Meat ($1.3M). During the last 27 years the exports of United States to Palau have increased at an annualized rate of 4.15%, from $7.01M in 1995 to $21M in 2022.

In 2022, United States did not export any services to Palau.

Palau-United States In 2022, Palau exported $540k to United States. The main products that Palau exported to United States were Live Fish ($379k), Surveying Equipment ($78.1k), and Coral and Shells ($56.9k). During the last 27 years the exports of Palau to United States have decreased at an annualized rate of 8.67%, from $6.25M in 1995 to $540k in 2022.

In 2022, Palau did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47),  and 2 in total exports ($1.95T). That same year, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index.

COMPANIES In 2023, leading companies such as were at the forefront of exporting goods from Palau to the United States. Conversely, were notable for importing Palau products to the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $21M to Palau. The main products exported from United States to Palau were Other Edible Preparations ($3.19M), Frozen Bovine Meat ($1.69M), and Poultry Meat ($1.3M). During the last 27 years the exports of United States to Palau have increased at an annualized rate of 4.15%, from $7.01M in 1995 to $21M in 2022.

In 2022, Palau exported $540k to United States. The main products exported from Palau to United States were Live Fish ($379k), Surveying Equipment ($78.1k), and Coral and Shells ($56.9k). During the last 27 years the exports of Palau to United States have decreased at an annualized rate of 8.67%, from $6.25M in 1995 to $540k in 2022.

Exports from United States (Flag) to Palau (Flag) (2022)

Exports from Palau (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Palau
Top Destination
Greece$2.11M

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

In 2021, countries that imported more from United States than Palau were Canada ($308B), Mexico ($294B), and China ($151B).

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

Difference in imports from Palau (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Palau

Flow
Scale

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

During 2022, United States had a large net trade with Palau in the exports of Foodstuffs ($5.88M), Animal Products ($4.5M), and Machines ($4M).

During 2022, Palau had a large net trade with United States in the exports of Animal Products ($435k), Instruments ($83.2k), and Stone And Glass ($10.1k).

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 United States has comparative advantage over Palau. Similarly, the more yellow a dot/product is, the more Palau has comparative advantage over United States.

Product Space of United States (Flag) and Palau (Flag) (2022)

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