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Pricing

2022
Flag → Flag
Exports $12.8MRnk 165 / 211
2022
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Top Product $2.4MCars
2022
Flag → Flag
Exports $2.04MRnk 2 / 38
2022
Flag → Flag
Top Product $1.52MComputers
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Japan-Palau In 2022, Japan exported $12.8M to Palau. The main products that Japan exported to Palau are Cars ($2.4M), Broadcasting Equipment ($1.54M), and Delivery Trucks ($704k). During the last 27 years the exports of Japan to Palau have increased at an annualized rate of 0.81%, from $10.3M in 1995 to $12.8M in 2022.

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

Palau-Japan In 2022, Palau exported $2.04M to Japan. The main products that Palau exported to Japan were Computers ($1.52M), Office Machine Parts ($437k), and Broadcasting Equipment ($31.1k). During the last 27 years the exports of Palau to Japan have decreased at an annualized rate of 7.25%, from $15.5M in 1995 to $2.04M in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 1.99),  and 4 in total exports ($728B). That same year, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Japan exported ¥572M and imported ¥1.29M from Palau, resulting in a positive trade balance of ¥571M. Between January 2023 and January 2024 the exports of Japan have increased by ¥507M (777%) from ¥65.2M to ¥572M, while imports decreased by ¥-11.8M (-90.2%) from ¥13.1M to ¥1.29M.

Trade In January 2024, the top exports of Japan to Palau were Cars (¥18.3M), Iron Structures (¥14.3M), Commodities not elsewhere specified (¥4.61M), Motor-working Tools (¥4.01M), and Delivery Trucks (¥3.08M). In January 2024 the top imports of Japan from Palau were Computers (¥4.77M) and Live Fish (¥561k).

Origins In January 2024 the exports of Japan were mainly from Hiroshima (¥430M), Kanagawa (¥110M), Osaka (¥9.63M), Aichi (¥9.48M), and Shizuoka (¥4.16M), while imports destinations were mainly N/A.

Growth In January 2024, the increase in Japan's year-by-year exports to Palau was explained primarily by an increase in product exports in Cars (¥5.11M or 38.6%), Motor-working Tools (¥3.79M or 1.78k%), and Commodities not elsewhere specified (¥2.66M or 136%). In October 2023, the decrease in Japan's year-by-year imports  from Palau was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)¥507M(777%)
IMPORT GROWTH (October 2022 - October 2023)¥-11.8M(-90.2%)
MAIN EXPORTER (January 2024)Hiroshima¥430M

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

To check Palau and Japan 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, Japan exported $12.8M to Palau. The main products exported from Japan to Palau were Cars ($2.4M), Broadcasting Equipment ($1.54M), and Delivery Trucks ($704k). During the last 27 years the exports of Japan to Palau have increased at an annualized rate of 0.81%, from $10.3M in 1995 to $12.8M in 2022.

In 2022, Palau exported $2.04M to Japan. The main products exported from Palau to Japan were Computers ($1.52M), Office Machine Parts ($437k), and Broadcasting Equipment ($31.1k). During the last 27 years the exports of Palau to Japan have decreased at an annualized rate of 7.25%, from $15.5M in 1995 to $2.04M in 2022.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Palau
Top DestinationGreece$2.11M

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

In 2021, countries that imported more from Japan than Palau were United States ($137B), China ($135B), and South Korea ($50.8B).

In 2019, no countries were registered that imported more from Palau than from Japan.

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

Comparative Advantage Japan - Palau

Flow
Scale

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

During 2022, Japan had a large net trade with Palau in the exports of Transportation ($4.49M), Machines ($4.19M), and Foodstuffs ($1.35M).

During 2022, Palau had a large net trade with Japan in the exports of Machines ($1.98M), Animal Products ($23.3k), and Foodstuffs ($12.1k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Japan has comparative advantage over Palau. Similarly, the more yellow a dot/product is, the more Palau has comparative advantage over Japan.

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

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