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2022
Flag → Flag
Exports $322Rnk 34 / 38
2022
Flag → Flag
Top Product $257Non-Knit Women's Suits
2022
Flag → Flag
Exports $82.4kRnk 211 / 218
2022
Flag → Flag
Top Product $72.8kLiquid Pumps
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Palau-Denmark Trade: In 2022, Palau exported $322 to Denmark. The main products that Palau exported to Denmark were Non-Knit Women's Suits ($257), Cameras ($63), and Non-fillet Fresh Fish ($2). Over the past 15 years the exports of Palau to Denmark have decreased at an annualized rate of 0.94%, from $371 in 2007 to $322 in 2022.

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

Denmark-Palau Trade: In 2022, Denmark exported $82.4k to Palau. The main products that Denmark exported to Palau were Liquid Pumps ($72.8k), Computers ($4.4k), and Compasses ($2.43k). Over the past 15 years the exports of Denmark to Palau have increased at an annualized rate of 32.3%,  from $20.3k in 2007 to $82.4k in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palau exported $322 to Denmark. The main products exported from Palau to Denmark were Non-Knit Women's Suits ($257), Cameras ($63), and Non-fillet Fresh Fish ($2). During the last 15 years the exports of Palau to Denmark have decreased at an annualized rate of 0.94%, from $371 in 2007 to $322 in 2022.

In 2017, Denmark exported $82.4k to Palau. The main products exported from Denmark to Palau were Liquid Pumps ($72.8k), Computers ($4.4k), and Compasses ($2.43k). During the last 5 years the exports of Denmark to Palau have increased at an annualized rate of 32.3%, from $20.3k in 2022 to $82.4k in 2017.

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

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

Latest Data

Trade between Palau (Flag) and Denmark (Flag)

Denmark Exports

Market Competitiveness

Color
Palau
Top DestinationGreece$2.11M
Denmark
Top DestinationGermany$18.9B

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

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

In 2022, countries that imported more from Denmark than Palau included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage Palau - Denmark

Flow
Scale

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

During 2022, Palau had a large net trade with Denmark in the exports of Textiles ($257), Instruments ($63), and Animal Products ($2).

During 2017, Denmark had a large net trade with Palau in the exports of Machines ($78.6k) and Instruments ($3.77k).

Economic Complexity

Competitive Landscape

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

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

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