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Pricing

2022
Flag → Flag
Exports $335Rnk 217 / 218
2022
Flag → Flag
Top Product $189Non-Knit Women's Suits
2022
Flag → Flag
Exports $1.88kRnk 27 / 38
2022
Flag → Flag
Top Product $1.88kKnit Sweaters
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Spain-Palau Trade: In 2022, Spain exported $335 to Palau. The main products that Spain exported to Palau were Non-Knit Women's Suits ($189) and Sports Equipment ($146). Over the past 5 years the exports of Spain to Palau have decreased at an annualized rate of 48%, from $8.84k in 2017 to $335 in 2022.

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

Palau-Spain Trade: In 2022, Palau exported $1.88k to Spain. The main products that Palau exported to Spain were Knit Sweaters ($1.88k). Over the past 5 years the exports of Palau to Spain have decreased at an annualized rate of 30.2%,  from $11.3k in 2017 to $1.88k in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, Spain exported €1.09k and imported €2.4k from Palau, resulting in a negative trade balance of €1.31k. Between September 2023 and September 2024 the exports of Spain have increased by €682 (166%) from €409 to €1.09k, while imports increased by €2.33k (3.46k%) from €67.4 to €2.4k.

Trade In September 2024, the top exports of Spain to Palau were Commodities not elsewhere specified (€48.9k). In September 2024 the top imports of Spain from Palau were Semiconductor Devices (€52.6).

Origins In September 2024 the exports of Spain were mainly from N/A, while imports destinations were mainly Madrid (€2.31k) and Málaga (€91.3).

Growth In September 2024, the increase in Spain's year-by-year exports to Palau was explained primarily by an increase in product exports in Commodities not elsewhere specified (€48.7k or 34.7k%). In October 2024, the increase in Spain'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 (September 2023 - September 2024)€682(166%)
IMPORT GROWTH (October 2023 - October 2024)€2.33k(3.46k%)

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Palau and Spain 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, Spain exported $335 to Palau. The main products exported from Spain to Palau were Non-Knit Women's Suits ($189) and Sports Equipment ($146). During the last 5 years the exports of Spain to Palau have decreased at an annualized rate of 48%, from $8.84k in 2017 to $335 in 2022.

In 2017, Palau exported $1.88k to Spain. The main products exported from Palau to Spain were Knit Sweaters ($1.88k). During the last 5 years the exports of Palau to Spain have decreased at an annualized rate of 30.2%, from $11.3k in 2022 to $1.88k in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Palau
Top DestinationGreece$2.11M

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

In 2022, countries that imported more from Spain than Palau included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

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

Comparative Advantage Spain - Palau

Flow
Scale

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

During 2022, Spain had a large net trade with Palau in the exports of Textiles ($189) and Miscellaneous ($146).

During 2017, Palau had a large net trade with Spain in the exports of Textiles ($1.88k).

Economic Complexity

Competitive Landscape

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

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

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