2022
Flag
 GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

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

Iceland-Palau In N/A, Iceland did not export any products to Palau.

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

Comparison In 2022,  Palau ranked 219 in total exports ($7.75M). That same year, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Palau does not register exports to Iceland.

Iceland does not register exports to Palau.

Exports from Palau (Flag) to Iceland (Flag) (2016)

Exports from Iceland (Flag) to Palau (Flag) (2016)

Market Competitiveness

Color
Palau
Top Destination
Greece$2.11M
Iceland
Top Destination
Netherlands$1.97B

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

In 2022, countries that imported more from Palau than Iceland included Mozambique ($27.4k).

In 2022, countries that imported more from Iceland than Palau included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

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

Comparative Advantage Palau - Iceland

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

Product Space of Palau (Flag) and Iceland (Flag) (2016)

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