2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Palau-China Trade: In 2022, Palau exported $126k to China. The main products that Palau exported to China were Computers ($111k), Office Machine Parts ($6.94k), and Transmissions ($3.77k). Over the past 5 years the exports of Palau to China have increased at an annualized rate of 257%, from $218 in 2017 to $126k in 2022.

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

China-Palau Trade: In 2022, China exported $54.2M to Palau. The main products that China exported to Palau were Special Purpose Ships ($23.3M), Refined Petroleum ($5.17M), and Electric Batteries ($3.08M). Over the past 5 years the exports of China to Palau have increased at an annualized rate of 13.2%,  from $20.1M in 2017 to $54.2M in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palau exported $126k to China. The main products exported from Palau to China were Computers ($111k), Office Machine Parts ($6.94k), and Transmissions ($3.77k). During the last 5 years the exports of Palau to China have increased at an annualized rate of 257%, from $218 in 2017 to $126k in 2022.

In 2017, China exported $54.2M to Palau. The main products exported from China to Palau were Special Purpose Ships ($23.3M), Refined Petroleum ($5.17M), and Electric Batteries ($3.08M). During the last 5 years the exports of China to Palau have increased at an annualized rate of 13.2%, from $20.1M in 2022 to $54.2M in 2017.

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

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

Latest Data

Trade between Palau (Flag) and China (Flag)

China Exports

Market Competitiveness

Color
Palau
Top Destination
N/AN/A
China
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Palau - China

Flow
Scale

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

During 2022, Palau had a large net trade with China in the exports of Machines ($121k), Precious Metals ($1.91k), and Plastics and Rubbers ($1.65k).

During 2017, China had a large net trade with Palau in the exports of Transportation ($24.3M), Machines ($10M), and Metals ($6.24M).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with