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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 1.12Rnk 22 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186

About

China-Palau Trade: In 2022, China exported $54.2M to Palau. The main products that China exported to Palau were Special Purpose Ships ($23.3M), Refined Petroleum ($5.17M), and Electric Batteries ($3.08M). Over the past 5 years the exports of China to Palau have increased at an annualized rate of 21.9%, from $20.1M in 2017 to $54.2M in 2022.

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

Palau-China Trade: 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). Over the past 5 years the exports of Palau to China have increased at an annualized rate of 257%,  from $218 in 2017 to $126k in 2022.

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

Comparison In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12),  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

October, 2024

About

Overview In October 2024, China exported $948k and imported $88 from Palau, resulting in a positive trade balance of $948k. Between October 2023 and October 2024 the exports of China have decreased by $-1.28M (-57.5%) from $2.23M to $948k, while imports increased by $78 (780%) from $10 to $88.

Trade In October 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 October 2024 the top imports of China from Palau were Commodities not elsewhere specified ($101).

Origins In October 2024 the exports of China were mainly from Jiangsu Province ($232k), Shandong Province ($142k), Zhejiang Province ($139k), Guangdong Province ($115k), and Beijing ($96.9k), while imports destinations were mainly Beijing ($80) and Shanghai Province ($8).

Growth In October 2024, the decrease in China's year-by-year exports to Palau was explained primarily by an decrease in product exports in Iron Structures ($-348k or -78.1%), Air Conditioners ($-169k or -90.1%), and Other Furniture ($-164k or -98.5%). In October 2024, the increase in China's year-by-year imports  from Palau was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$-1.28M(-57.5%)
IMPORT GROWTH (October 2023 - October 2024)$78(780%)
MAIN EXPORTER (October 2024)Jiangsu Province$232k

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 5 years the exports of China to Palau have increased at an annualized rate of 21.9%, from $20.1M in 2017 to $54.2M in 2022.

In 2017, 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 5 years the exports of Palau to China have increased at an annualized rate of 257%, from $218 in 2022 to $126k in 2017.

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 2017, 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 shows the product space at the HS4 level with the flags of China and Palau. This means that a dot/product with the flag of China indicates it has a comparative advantage over Palau. Similarly, a dot/product with the flag of Palau indicates it has a comparative advantage over China.

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

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