2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 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 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 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

Germany-Palau Trade: In 2023, Germany exported $78.7k to Palau. The main products that Germany exported to Palau were Electrical Transformers ($22.7k), High-voltage Protection Equipment ($19.2k), and Centrifuges ($10.8k). Over the past 5 years the exports of Germany to Palau have decreased at an annualized rate of 34.2%, from $638k in 2018 to $78.7k in 2023.

In 2023, Germany did not export any services to Palau.

Palau-Germany Trade: In 2023, Palau exported $415 to Germany. The main products that Palau exported to Germany were N/A. Over the past 5 years the exports of Palau to Germany have decreased at an annualized rate of 57.8%,  from $31k in 2018 to $415 in 2023.

In 2023, Palau did not export any services to Germany.

Comparison In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79),  and 3 in total exports ($1.57T). That same year, Palau ranked 221 in total exports ($5.6M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $78.7k to Palau. The main products exported from Germany to Palau were Electrical Transformers ($22.7k), High-voltage Protection Equipment ($19.2k), and Centrifuges ($10.8k). During the last 5 years the exports of Germany to Palau have decreased at an annualized rate of 34.2%, from $638k in 2018 to $78.7k in 2023.

In 2017, Palau exported $415 to Germany. There were not main exports from Palau to Germany in 2017. During the last 5 years the exports of Palau to Germany have decreased at an annualized rate of 57.8%, from $31k in 2022 to $415 in 2017.

Exports from Germany (Flag) to Palau (Flag) (2023)

Exports from Palau (Flag) to Germany (Flag) (2023)

Market Competitiveness

Color
Germany
Top Destination
N/AN/A
Palau
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Palau (Flag) and Germany (Flag) (2023)

Comparative Advantage Germany - Palau

Flow
Scale

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

During 2023, Germany had a large net trade with Palau in the exports of Machines ($67.2k), Instruments ($6.92k), and Textiles ($2.95k).

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

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Palau (Flag) (2023)

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