New Zealand (NZL) and Palau (PLW) Trade | The Observatory of Economic Complexity

About

New Zealand-Palau Trade: In 2022, New Zealand exported $542k to Palau. The main products that New Zealand exported to Palau were Petroleum Gas ($130k), Sawn Wood ($111k), and Packaged Medicaments ($84.6k). Over the past 5 years the exports of New Zealand to Palau have decreased at an annualized rate of 16%, from $1.3M in 2017 to $542k in 2022.

In 2022, New Zealand did not export any services to Palau.

Palau-New Zealand Trade: In 2022, Palau exported $96k to New Zealand. The main products that Palau exported to New Zealand were Office Machine Parts ($86.4k), Computers ($9.58k), and Non-Knit Men's Suits ($32). Over the past 5 years the exports of Palau to New Zealand have increased at an annualized rate of 25.8%, from $30.4k in 2017 to $96k in 2022.

In 2022, Palau did not export any services to New Zealand.

Comparison In 2022, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, New Zealand exported $542k to Palau. The main products exported from New Zealand to Palau were Petroleum Gas ($130k), Sawn Wood ($111k), and Packaged Medicaments ($84.6k). During the last 5 years the exports of New Zealand to Palau have decreased at an annualized rate of 16%, from $1.3M in 2017 to $542k in 2022.

In 2017, Palau exported $96k to New Zealand. The main products exported from Palau to New Zealand were Office Machine Parts ($86.4k), Computers ($9.58k), and Non-Knit Men's Suits ($32). During the last 5 years the exports of Palau to New Zealand have increased at an annualized rate of 25.8%, from $30.4k in 2022 to $96k in 2017.

Exports from New Zealand () to Palau () (2022)

Exports from Palau () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Palau ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Zealand
Top DestinationN/AN/A

Palau
Top DestinationN/AN/A

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

N/A

Difference in imports from Palau () and New Zealand () (2022)

Comparative Advantage New Zealand - Palau

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, New Zealand had a large net trade with Palau in the exports of Mineral Products ($130k), Chemical Products ($112k), and Wood Products ($111k).

During 2017, Palau had a large net trade with New Zealand in the exports of Machines ($96k) and Textiles ($32).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from New Zealand () to Palau () (2022)

Exports from Palau () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Palau ()

New Zealand Exports

Market Competitiveness

Difference in imports from Palau () and New Zealand () (2022)

Comparative Advantage New Zealand - Palau

Economic Complexity

Competitive Landscape

Product Space of New Zealand () and Palau () (2022)

Keep Exploring