Palau (PLW) and Australia (AUS) Trade | The Observatory of Economic Complexity

About

Palau-Australia Trade: In 2022, Palau exported $185k to Australia. The main products that Palau exported to Australia were Computers ($100k), Office Machine Parts ($82.4k), and Refined Petroleum ($1.94k). Over the past 5 years the exports of Palau to Australia have decreased at an annualized rate of 27.1%, from $901k in 2017 to $185k in 2022.

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

Australia-Palau Trade: In 2022, Australia exported $2M to Palau. The main products that Australia exported to Palau were Video Displays ($780k), Other Prepared Meat ($316k), and Rolled Tobacco ($153k). Over the past 5 years the exports of Australia to Palau have decreased at an annualized rate of 3.81%, from $2.43M in 2017 to $2M in 2022.

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

Comparison In 2022, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Palau exported $185k to Australia. The main products exported from Palau to Australia were Computers ($100k), Office Machine Parts ($82.4k), and Refined Petroleum ($1.94k). During the last 5 years the exports of Palau to Australia have decreased at an annualized rate of 27.1%, from $901k in 2017 to $185k in 2022.

In 2017, Australia exported $2M to Palau. The main products exported from Australia to Palau were Video Displays ($780k), Other Prepared Meat ($316k), and Rolled Tobacco ($153k). During the last 5 years the exports of Australia to Palau have decreased at an annualized rate of 3.81%, from $2.43M in 2022 to $2M in 2017.

Exports from Palau () to Australia () (2022)

Exports from Australia () to Palau () (2022)

Latest Data

Trade between Palau () and Australia ()

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palau
Top DestinationN/AN/A

Australia
Top DestinationN/AN/A

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

N/A

Difference in imports from Australia () and Palau () (2022)

Comparative Advantage Palau - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Palau had a large net trade with Australia in the exports of Machines ($183k) and Mineral Products ($1.94k).

During 2017, Australia had a large net trade with Palau in the exports of Machines ($1.09M), Foodstuffs ($540k), and Miscellaneous ($125k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Palau () to Australia () (2022)

Exports from Australia () to Palau () (2022)

Latest Data

Trade between Palau () and Australia ()

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Palau () (2022)

Comparative Advantage Palau - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Palau () and Australia () (2022)

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