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2023
Flag → Flag
Exports $9.68MRnk 182 / 211
2023
Flag → Flag
Top Product $2.16MCars
2023
Flag → Flag
Exports $261kRnk 5 / 43
2023
Flag → Flag
Top Product $135kComputers
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$282MCURRENT US$
Rnk 191 / 195
2013-2023
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GDP GROWTH25.1%CURRENT US$
Rnk 126 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$15,899CURRENT US$
Rnk 71 / 196
2013-2023
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GDP PC GROWTH24.5%CURRENT US$
Rnk 89 / 195

About

Japan-Palau Trade: In 2023, Japan exported $9.68M to Palau. The main products that Japan exported to Palau were Cars ($2.16M), Engine Parts ($856k), and Electrical Control Boards ($673k). Over the past 5 years the exports of Japan to Palau have decreased at an annualized rate of 12.1%, from $18.5M in 2018 to $9.68M in 2023.

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

Palau-Japan Trade: In 2023, Palau exported $261k to Japan. The main products that Palau exported to Japan were Computers ($135k), Office Machine Parts ($37.4k), and Collector's Items ($29.4k). Over the past 5 years the exports of Palau to Japan have decreased at an annualized rate of 59%,  from $22.6M in 2018 to $261k in 2023.

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

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). 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, Japan 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 Japan 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 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 N/A the top imports of Japan from Palau were Computers (¥4.77M) and Live Fish (¥561k).

Origins In N/A the exports of Japan were mainly from Kanagawa (¥116M), Osaka (¥25.5M), Aichi (¥22.3M), Hyōgo (¥17.1M), and Chiba (¥13.1M), while imports destinations were mainly Kanagawa (¥34.2M) and Tokyo (¥938k).

Growth In N/A, the N/A in Japan's year-by-year exports to Palau was explained primarily by an decrease in product exports in Baked Goods (¥-991k or -63%), Delivery Trucks (¥-284k or -8.45%), and Sauces and Seasonings (¥-57k or -12.2%). In N/A, the N/A in Japan's year-by-year imports  from Palau was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
MAIN EXPORTER (N/A)Kanagawa¥116M

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 2023, Japan exported $9.68M to Palau. The main products exported from Japan to Palau were Cars ($2.16M), Engine Parts ($856k), and Electrical Control Boards ($673k). During the last 5 years the exports of Japan to Palau have decreased at an annualized rate of 12.1%, from $18.5M in 2018 to $9.68M in 2023.

In 2018, Palau exported $261k to Japan. The main products exported from Palau to Japan were Computers ($135k), Office Machine Parts ($37.4k), and Collector's Items ($29.4k). During the last 5 years the exports of Palau to Japan have decreased at an annualized rate of 59%, from $22.6M in 2023 to $261k in 2018.

Exports from Japan (Flag) to Palau (Flag) (2023)

Exports from Palau (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Palau
Top DestinationIndia$2.28M

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 2023, countries that imported more from Japan than Palau included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Difference in imports from Palau (Flag) and Japan (Flag) (2023)

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 2023, Japan had a large net trade with Palau in the exports of Machines ($3.8M), Transportation ($3.05M), and Foodstuffs ($1.22M).

During 2018, Palau had a large net trade with Japan in the exports of Machines ($179k), Arts and Antiques ($29.4k), and Animal Products ($26.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Japan (Flag) and Palau (Flag) (2023)

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