Denmark (DNK) and Palau (PLW) Trade | The Observatory of Economic Complexity

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Denmark-Palau Trade: In 2023, Denmark exported $471k to Palau. The main products that Denmark exported to Palau were Liquid Pumps ($242k), Machinery Having Individual Functions ($68.1k), and Engine Parts ($39.2k). Over the past 5 years the exports of Denmark to Palau have increased at an annualized rate of 45.3%, from $72.8k in 2018 to $471k in 2023.

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

Palau-Denmark In N/A, Palau did not export any products to Denmark.

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

Comparison In 2023, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Denmark exported $471k to Palau. The main products exported from Denmark to Palau were Liquid Pumps ($242k), Machinery Having Individual Functions ($68.1k), and Engine Parts ($39.2k). During the last 5 years the exports of Denmark to Palau have increased at an annualized rate of 45.3%, from $72.8k in 2018 to $471k in 2023.

Palau does not register exports to Denmark. The main products exported from Palau to Denmark were Knit Men's Suits ($577), Other Knit Garments ($469), and Non-Knit Women's Shirts ($215).

Exports from Denmark () to Palau () (2023)

Exports from Palau () to Denmark () (2023)

Latest Data

Trade between Denmark () and Palau ()

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$14.8B

Palau
Top DestinationIndia$2.28M

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

In 2023, countries that imported more from Denmark than Palau included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, no countries were registered that imported more from Palau than from Denmark.

Difference in imports from Palau () and Denmark () (2023)

Comparative Advantage Denmark - Palau

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Denmark had a large net trade with Palau in the exports of Machines ($400k), Metals ($42k), and Plastics and Rubbers ($28.6k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Denmark () to Palau () (2023)

Exports from Palau () to Denmark () (2023)

Latest Data

Trade between Denmark () and Palau ()

Denmark Exports

Market Competitiveness

Difference in imports from Palau () and Denmark () (2023)

Comparative Advantage Denmark - Palau

Economic Complexity

Competitive Landscape

Product Space of Denmark () and Palau () (2023)

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