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2022
Flag → Flag
Exports $113Rnk 35 / 38
2022
Flag → Flag
Top Product $113Chemical Analysis Instruments
2022
Flag → Flag
Exports $42.6kRnk 209 / 217
2022
Flag → Flag
Top Product $10.5kInterchangeable Tool Parts
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag
 GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

Palau-Austria Trade: In 2022, Palau exported $113 to Austria. The main products that Palau exported to Austria were Chemical Analysis Instruments ($113). Over the past 10 years the exports of Palau to Austria have increased at an annualized rate of 0.18%, from $111 in 2012 to $113 in 2022.

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

Austria-Palau Trade: In 2022, Austria exported $42.6k to Palau. The main products that Austria exported to Palau were Interchangeable Tool Parts ($10.5k), Machinery Having Individual Functions ($7.98k), and Pesticides ($7.27k). Over the past 10 years the exports of Austria to Palau have increased at an annualized rate of 22.2%,  from $8.55k in 2012 to $42.6k in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palau exported $113 to Austria. The main products exported from Palau to Austria were Chemical Analysis Instruments ($113). During the last 10 years the exports of Palau to Austria have increased at an annualized rate of 0.18%, from $111 in 2012 to $113 in 2022.

In 2017, Austria exported $42.6k to Palau. The main products exported from Austria to Palau were Interchangeable Tool Parts ($10.5k), Machinery Having Individual Functions ($7.98k), and Pesticides ($7.27k). During the last 5 years the exports of Austria to Palau have increased at an annualized rate of 22.2%, from $8.55k in 2022 to $42.6k in 2017.

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

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

Latest Data

Trade between Palau (Flag) and Austria (Flag)

Austria Exports

Market Competitiveness

Color
Palau
Top DestinationGreece$2.11M
Austria
Top DestinationGermany$57.7B

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

In 2022, no countries were registered that imported more from Palau than from Austria.

In 2022, countries that imported more from Austria than Palau included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

Comparative Advantage Palau - Austria

Flow
Scale

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

During 2022, Palau had a large net trade with Austria in the exports of Instruments ($113).

During 2017, Austria had a large net trade with Palau in the exports of Machines ($16.2k), Metals ($10.5k), and Instruments ($7.3k).

Economic Complexity

Competitive Landscape

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

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

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