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Pricing

2023
Flag → Flag
Exports $36.6kRnk 214 / 223
2023
Flag → Flag
Top Product $18.2kBeauty Products
2023
Flag → Flag
Exports $12.3kRnk 14 / 43
2023
Flag → Flag
Top Product $11.1kOffice Machine Parts
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP$282MCURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP GROWTH25.1%CURRENT US$
Rnk 126 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$15,899CURRENT US$
Rnk 71 / 196
2013-2023
Flag
GDP PC GROWTH24.5%CURRENT US$
Rnk 89 / 195

About

United Kingdom-Palau Trade: In 2023, United Kingdom exported $36.6k to Palau. The main products that United Kingdom exported to Palau were Beauty Products ($18.2k), Optical Fibers and optical fibre bundles ($12.1k), and Cleaning Products ($3.22k). Over the past 5 years the exports of United Kingdom to Palau have decreased at an annualized rate of 33.2%, from $276k in 2018 to $36.6k in 2023.

In 2023, United Kingdom did not export any services to Palau.

Palau-United Kingdom Trade: In 2023, Palau exported $12.3k to United Kingdom. The main products that Palau exported to United Kingdom were Office Machine Parts ($11.1k) and Plastic Lids ($1.24k). Over the past 5 years the exports of Palau to United Kingdom have increased at an annualized rate of 46.8%,  from $1.81k in 2018 to $12.3k in 2023.

In 2023, Palau did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Palau ranked 221 in total exports ($5.6M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, United Kingdom exported £N/A and imported £N/A from Palau, resulting in a N/A trade balance of £N/A. Between N/A and N/A the exports of United Kingdom have N/A by £N/A (N/A) from £N/A to £N/A, while imports N/A by £N/A (N/A) from £N/A to £N/A.

Trade In N/A, the top exports of United Kingdom to Palau were . In N/A the top imports of United Kingdom from Palau were .

Origins In N/A the exports of United Kingdom were mainly from N/A, while imports destinations were mainly N/A.

Growth In N/A, the N/A in United Kingdom's year-by-year exports to Palau was explained primarily by an decrease in product exports in . In N/A, the N/A in United Kingdom's year-by-year imports  from Palau was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

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

To check Palau and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Palau and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $36.6k to Palau. The main products exported from United Kingdom to Palau were Beauty Products ($18.2k), Optical Fibers and optical fibre bundles ($12.1k), and Cleaning Products ($3.22k). During the last 5 years the exports of United Kingdom to Palau have decreased at an annualized rate of 33.2%, from $276k in 2018 to $36.6k in 2023.

In 2018, Palau exported $12.3k to United Kingdom. The main products exported from Palau to United Kingdom were Office Machine Parts ($11.1k) and Plastic Lids ($1.24k). During the last 5 years the exports of Palau to United Kingdom have increased at an annualized rate of 46.8%, from $1.81k in 2023 to $12.3k in 2018.

Exports from United Kingdom (Flag) to Palau (Flag) (2023)

Exports from Palau (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Palau
Top DestinationIndia$2.28M

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

In 2023, countries that imported more from United Kingdom than Palau included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

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

Difference in imports from Palau (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Palau

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Palau in the exports of Chemical Products ($21.4k), Instruments ($12.1k), and Stone And Glass ($3.11k).

During 2018, Palau had a large net trade with United Kingdom in the exports of Machines ($11.1k) and Plastics and Rubbers ($1.24k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Palau (Flag) (2023)

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