2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

India-Palau Trade: In 2022, India exported $222k to Palau. The main products that India exported to Palau were Insulated Wire ($73.7k), Packaged Medicaments ($56.5k), and Other Electrical Machinery ($42.1k). Over the past 5 years the exports of India to Palau have increased at an annualized rate of 18.9%, from $93.3k in 2017 to $222k in 2022.

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

Palau-India Trade: In 2022, Palau exported $2.21k to India. The main products that Palau exported to India were N/A. Over the past 5 years the exports of Palau to India have decreased at an annualized rate of 77.5%,  from $3.83M in 2017 to $2.21k in 2022.

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

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). 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, India exported $222k to Palau. The main products exported from India to Palau were Insulated Wire ($73.7k), Packaged Medicaments ($56.5k), and Other Electrical Machinery ($42.1k). During the last 5 years the exports of India to Palau have increased at an annualized rate of 18.9%, from $93.3k in 2017 to $222k in 2022.

In 2015, Palau exported $2.21k to India. There were not main exports from Palau to India in 2015. During the last 5 years the exports of Palau to India have decreased at an annualized rate of 77.5%, from $3.83M in 2020 to $2.21k in 2015.

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

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

Market Competitiveness

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

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

N/A

N/A

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

Comparative Advantage India - Palau

Flow
Scale

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

During 2022, India had a large net trade with Palau in the exports of Machines ($131k), Chemical Products ($60.1k), and Instruments ($10.4k).

During 2015, Palau had a large net trade with India in the exports of .

Economic Complexity

Competitive Landscape

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

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

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