2022
Flag
 GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
GDP PC
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

In N/A, Palau did not export any services to Finland.

Finland-Palau Trade: In N/A, Finland exported $76.8k to Palau. The main products that Finland exported to Palau were Chemical Analysis Instruments ($73.1k) and Surveying Equipment ($3.77k). Over the past N/A years the exports of Finland to Palau have increased at an annualized rate of 8.78%,  from $50.5k in N/A to $76.8k in N/A.

In N/A, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

Palau does not register exports to Finland. The main products exported from Palau to Finland were Chemical Analysis Instruments ($20k).

In 2017, Finland exported $76.8k to Palau. The main products exported from Finland to Palau were Chemical Analysis Instruments ($73.1k) and Surveying Equipment ($3.77k). During the last 5 years the exports of Finland to Palau have increased at an annualized rate of 8.78%, from $50.5k in 2022 to $76.8k in 2017.

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

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

Latest Data

Trade between Palau (Flag) and Finland (Flag)

Finland Exports

Market Competitiveness

Color
Palau
Top Destination
Greece$2.11M
Finland
Top Destination
Germany$9.99B

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

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

In 2022, countries that imported more from Finland than Palau included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

Comparative Advantage Palau - Finland

Flow
Scale

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

During 2017, Finland had a large net trade with Palau in the exports of Instruments ($76.8k).

Economic Complexity

Competitive Landscape

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

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

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