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Pricing

2022
Flag → Flag
Exports $54.2MRnk 191 / 211
2022
Flag → Flag
Top Product $23.3MSpecial Purpose Ships
2022
Flag → Flag
Exports $126kRnk 8 / 38
2022
Flag → Flag
Top Product $111kComputers
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 24 / 124
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
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GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186

About

China-Palau In 2022, China exported $54.2M to Palau. The main products that China exported to Palau are Special Purpose Ships ($23.3M), Refined Petroleum ($5.17M), and Electric Batteries ($3.08M). During the last 27 years the exports of China to Palau have increased at an annualized rate of 24.9%, from $134k in 1995 to $54.2M in 2022.

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

Palau-China In 2022, Palau exported $126k to China. The main products that Palau exported to China were Computers ($111k), Office Machine Parts ($6.94k), and Transmissions ($3.77k). During the last 27 years the exports of Palau to China have increased at an annualized rate of 4.89%, from $34.7k in 1995 to $126k in 2022.

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

Comparison In 2022,  China ranked 24 in the Economic Complexity Index (ECI 1.01),  and 1 in total exports ($3.73T). That same year, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, China exported $3.35M and imported $3.14k from Palau, resulting in a positive trade balance of $3.34M. Between February 2023 and February 2024 the exports of China have increased by $1.32M (64.9%) from $2.03M to $3.35M, while imports increased by $3.12k (22.3k%) from $14 to $3.14k.

Trade In February 2024, the top exports of China to Palau were Refined Petroleum ($409k), Bathroom Ceramics ($300k), Other toys ($298k), Rubberworking Machinery ($198k), and Aluminium Structures ($179k). In February 2024 the top imports of China from Palau were Commodities not elsewhere specified ($101).

Origins In February 2024 the exports of China were mainly from Zhejiang Province ($1.53M), Hunan Province ($507k), Fujian Province ($303k), Guangdong Province ($271k), and Shanghai Province ($253k), while imports destinations were mainly Shandong Province ($3.13k) and Shanghai Province ($5).

Growth In February 2024, the increase in China's year-by-year exports to Palau was explained primarily by an increase in product exports in Aluminium Structures ($137k or 328%), Asbestos Cement Articles ($132k or 2.77k%), and Refined Petroleum ($105k or 34.5%). In February 2024, the increase in China's year-by-year imports  from Palau was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$1.32M(64.9%)
IMPORT GROWTH (February 2023 - February 2024)$3.12k(22.3k%)
MAIN EXPORTER (February 2024)Zhejiang Province$1.53M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Palau and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $54.2M to Palau. The main products exported from China to Palau were Special Purpose Ships ($23.3M), Refined Petroleum ($5.17M), and Electric Batteries ($3.08M). During the last 27 years the exports of China to Palau have increased at an annualized rate of 24.9%, from $134k in 1995 to $54.2M in 2022.

In 2022, Palau exported $126k to China. The main products exported from Palau to China were Computers ($111k), Office Machine Parts ($6.94k), and Transmissions ($3.77k). During the last 27 years the exports of Palau to China have increased at an annualized rate of 4.89%, from $34.7k in 1995 to $126k in 2022.

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

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

Market Competitiveness

Color
China
Top DestinationN/AN/A
Palau
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage China - Palau

Flow
Scale

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

During 2022, China had a large net trade with Palau in the exports of Transportation ($24.3M), Machines ($10M), and Metals ($6.24M).

During 2022, Palau had a large net trade with China in the exports of Machines ($121k), Precious Metals ($1.91k), and Plastics and Rubbers ($1.65k).

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

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

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