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2023
Flag → Flag
Exports $2.28MRnk 1 / 43
2023
Flag → Flag
Top Product $1.69MScrap Vessels
2023
Flag → Flag
Exports $133kRnk 207 / 220
2023
Flag → Flag
Top Product $45.5kCars
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$282MCURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP GROWTH25.1%CURRENT US$
Rnk 126 / 195
2023
Flag
 GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC $15,899CURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP PC GROWTH24.5%CURRENT US$
Rnk 89 / 195
2023
Flag
GDP PC$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195

About

Palau-India Trade: In 2023, Palau exported $2.28M to India. The main products that Palau exported to India were Scrap Vessels ($1.69M), Refined Petroleum ($378k), and Blank Audio Media ($121k). Over the past 8 years the exports of Palau to India have decreased at an annualized rate of 6.29%, from $3.83M in 2015 to $2.28M in 2023.

In 2023, Palau did not export any services to India.

India-Palau Trade: In 2023, India exported $133k to Palau. The main products that India exported to Palau were Cars ($45.5k), Packaged Medicaments ($37.7k), and Light Pure Woven Cotton ($12.6k). Over the past 8 years the exports of India to Palau have decreased at an annualized rate of 2.79%,  from $153k in 2015 to $133k in 2023.

In 2023, India did not export any services to Palau.

Comparison In 2023,  Palau ranked 221 in total exports ($5.6M), and does not have data regarding Economic Complexity Index. That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Palau exported $2.28M to India. The main products exported from Palau to India were Scrap Vessels ($1.69M), Refined Petroleum ($378k), and Blank Audio Media ($121k). During the last 8 years the exports of Palau to India have decreased at an annualized rate of 6.29%, from $3.83M in 2015 to $2.28M in 2023.

In 2018, India exported $133k to Palau. The main products exported from India to Palau were Cars ($45.5k), Packaged Medicaments ($37.7k), and Light Pure Woven Cotton ($12.6k). During the last 5 years the exports of India to Palau have decreased at an annualized rate of 2.79%, from $153k in 2023 to $133k in 2018.

Exports from Palau (Flag) to India (Flag) (2023)

Exports from India (Flag) to Palau (Flag) (2023)

Latest Data

Trade between Palau (Flag) and India (Flag)

India Exports

Market Competitiveness

Color
Palau
Top DestinationIndia$2.28M
India
Top DestinationUnited States$85.5B

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

In 2023, no countries were registered that imported more from Palau than from India.

In 2023, countries that imported more from India than Palau included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

Difference in imports from India (Flag) and Palau (Flag) (2023)

Comparative Advantage Palau - India

Flow
Scale

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

During 2023, Palau had a large net trade with India in the exports of Transportation ($1.69M), Mineral Products ($378k), and Machines ($203k).

During 2018, India had a large net trade with Palau in the exports of Transportation ($45.5k), Chemical Products ($39.9k), and Machines ($22k).

Economic Complexity

Competitive Landscape

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

Product Space of Palau (Flag) and India (Flag) (2023)

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