2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Palau-Germany Trade: In 2022, Palau exported $415 to Germany. The main products that Palau exported to Germany were Non-Knit Women's Shirts ($415). Over the past 7 years the exports of Palau to Germany have decreased at an annualized rate of 23.5%, from $2.7k in 2015 to $415 in 2022.

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

Germany-Palau Trade: In 2022, Germany exported $212k to Palau. The main products that Germany exported to Palau were Insulated Wire ($99.5k), Other Measuring Instruments ($32.1k), and Awnings, Tents, and Sails ($23.7k). Over the past 7 years the exports of Germany to Palau have increased at an annualized rate of 7.28%,  from $149k in 2015 to $212k in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palau exported $415 to Germany. The main products exported from Palau to Germany were Non-Knit Women's Shirts ($415). During the last 7 years the exports of Palau to Germany have decreased at an annualized rate of 23.5%, from $2.7k in 2015 to $415 in 2022.

In 2017, Germany exported $212k to Palau. The main products exported from Germany to Palau were Insulated Wire ($99.5k), Other Measuring Instruments ($32.1k), and Awnings, Tents, and Sails ($23.7k). During the last 5 years the exports of Germany to Palau have increased at an annualized rate of 7.28%, from $149k in 2022 to $212k in 2017.

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

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

Latest Data

Trade between Palau (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Palau
Top Destination
Greece$2.11M
Germany
Top Destination
United States$153B

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

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

In 2022, countries that imported more from Germany than Palau included United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Palau - Germany

Flow
Scale

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

During 2022, Palau had a large net trade with Germany in the exports of Textiles ($415).

During 2017, Germany had a large net trade with Palau in the exports of Machines ($133k), Instruments ($49.2k), and Textiles ($25.3k).

Economic Complexity

Competitive Landscape

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

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

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