2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Germany-Palau Trade: In 2022, Germany exported $212k to Palau. The main products that Germany exported to Palau were Insulated Wire ($99.5k), Other Measuring Instruments ($32.1k), and Awnings, Tents, and Sails ($23.7k). Over the past 5 years the exports of Germany to Palau have increased at an annualized rate of 7.28%, from $149k in 2017 to $212k in 2022.

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

Palau-Germany Trade: In 2022, Palau exported $415 to Germany. The main products that Palau exported to Germany were Non-Knit Women's Shirts ($415). Over the past 5 years the exports of Palau to Germany have decreased at an annualized rate of 57.7%,  from $30.8k in 2017 to $415 in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). 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 2022, Germany exported $212k to Palau. The main products exported from Germany to Palau were Insulated Wire ($99.5k), Other Measuring Instruments ($32.1k), and Awnings, Tents, and Sails ($23.7k). During the last 5 years the exports of Germany to Palau have increased at an annualized rate of 7.28%, from $149k in 2017 to $212k in 2022.

In 2017, Palau exported $415 to Germany. The main products exported from Palau to Germany were Non-Knit Women's Shirts ($415). During the last 5 years the exports of Palau to Germany have decreased at an annualized rate of 57.7%, from $30.8k in 2022 to $415 in 2017.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Palau
Top Destination
Greece$2.11M

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.

In 2022, countries that imported more from Germany than Palau included United States ($153B), France ($120B), and China ($109B).

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

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

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 2022, Germany had a large net trade with Palau in the exports of Machines ($133k), Instruments ($49.2k), and Textiles ($25.3k).

During 2017, Palau had a large net trade with Germany in the exports of Textiles ($415).

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) (2022)

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