2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Colombia-Palau Trade: In 2017, Colombia exported $685 to Palau. The main products that Colombia exported to Palau were N/A. Over the past 5 years the exports of Colombia to Palau have decreased at an annualized rate of 5.1%, from $890 in 2012 to $685 in 2017.

In 2017, Colombia did not export any services to Palau.

Palau-Colombia Trade: In 2017, Palau exported $61.5k to Colombia. The main products that Palau exported to Colombia were Kaolin Coated Paper ($60.8k), Knit Socks and Hosiery ($692), and Woven Fabric of Synthetic Staple Fibers ($8). Over the past 5 years the exports of Palau to Colombia have increased at an annualized rate of 114%,  from $645 in 2012 to $61.5k in 2017.

In 2017, Palau did not export any services to Colombia.

Comparison In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11),  and 53 in total exports ($60.3B). 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 2017, Colombia exported $685 to Palau. There were not main exports from Colombia to Palau in 2017. During the last 5 years the exports of Colombia to Palau have decreased at an annualized rate of 5.1%, from $890 in 2012 to $685 in 2017.

In 2017, Palau exported $61.5k to Colombia. The main products exported from Palau to Colombia were Kaolin Coated Paper ($60.8k), Knit Socks and Hosiery ($692), and Woven Fabric of Synthetic Staple Fibers ($8). During the last 5 years the exports of Palau to Colombia have increased at an annualized rate of 114%, from $645 in 2022 to $61.5k in 2017.

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

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

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Palau
Top Destination
Greece$2.11M

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

In 2022, countries that imported more from Colombia than Palau included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2022, no countries were registered that imported more from Palau than from Colombia.

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

Comparative Advantage Colombia - Palau

Flow
Scale

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

During 2017, Colombia had a large net trade with Palau in the exports of .

During 2017, Palau had a large net trade with Colombia in the exports of Paper Goods ($60.8k) and Textiles ($700).

Economic Complexity

Competitive Landscape

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

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

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