2023
Flag  
GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP
$282MCURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP GROWTH
25.1%CURRENT US$
Rnk 126 / 195
2023
Flag
GDP PC 
$82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 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

United States-Palau Trade: In 2023, United States exported $17.5M to Palau. The main products that United States exported to Palau were Other Edible Preparations ($2.64M), Frozen Bovine Meat ($1.47M), and Broadcasting Equipment ($1.41M). Over the past 5 years the exports of United States to Palau have decreased at an annualized rate of 19.7%, from $52.3M in 2018 to $17.5M in 2023.

In 2023, United States did not export any services to Palau.

Palau-United States Trade: In 2023, Palau exported $506k to United States. The main products that Palau exported to United States were Live Fish ($278k), Coral and Shells ($164k), and Computers ($38.1k). Over the past 5 years the exports of Palau to United States have decreased at an annualized rate of 15.8%,  from $1.19M in 2018 to $506k in 2023.

In 2023, Palau did not export any services to United States.

Comparison In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5),  and 2 in total exports ($1.86T). That same year, Palau ranked 221 in total exports ($5.6M), and does not have data regarding Economic Complexity Index.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $17.5M to Palau. The main products exported from United States to Palau were Other Edible Preparations ($2.64M), Frozen Bovine Meat ($1.47M), and Broadcasting Equipment ($1.41M). During the last 5 years the exports of United States to Palau have decreased at an annualized rate of 19.7%, from $52.3M in 2018 to $17.5M in 2023.

In 2018, Palau exported $506k to United States. The main products exported from Palau to United States were Live Fish ($278k), Coral and Shells ($164k), and Computers ($38.1k). During the last 5 years the exports of Palau to United States have decreased at an annualized rate of 15.8%, from $1.19M in 2023 to $506k in 2018.

Exports from United States (Flag) to Palau (Flag) (2023)

Exports from Palau (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top Destination
Canada$269B
Palau
Top Destination
India$2.28M

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 2023, countries that imported more from United States than Palau included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, no countries were registered that imported more from Palau than from United States.

Difference in imports from Palau (Flag) and United States (Flag) (2023)

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 2023, United States had a large net trade with Palau in the exports of Animal Products ($4.32M), Foodstuffs ($3.96M), and Machines ($3.72M).

During 2018, Palau had a large net trade with United States in the exports of Animal Products ($442k), Machines ($58.4k), and Textiles ($5.8k).

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Palau (Flag) (2023)

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