2023
Flag  
GDP
$282MCURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP GROWTH
25.1%CURRENT US$
Rnk 126 / 195
2023
Flag
 GDP
$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH
61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
GDP PC 
$15,899CURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP PC GROWTH
24.5%CURRENT US$
Rnk 89 / 195
2023
Flag
GDP PC
$5,839CURRENT US$
Rnk 116 / 196
2013-2023
Flag
GDP PC GROWTH
34.5%CURRENT US$
Rnk 70 / 195

About

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

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

In N/A, Mongolia 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, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

Palau does not register exports to Mongolia.

Mongolia does not register exports to Palau.

Exports from Palau (Flag) to Mongolia (Flag) (2021)

Exports from Mongolia (Flag) to Palau (Flag) (2021)

Market Competitiveness

Color
Palau
Top Destination
India$2.28M
Mongolia
Top Destination
China$13.1B

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

In 2023, countries that imported more from Palau than Mongolia included India ($2.28M), El Salvador ($56k), and Greece ($108k).

In 2023, countries that imported more from Mongolia than Palau included China ($13.1B), Switzerland ($842M), and Italy ($87.7M).

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

Comparative Advantage Palau - Mongolia

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

Product Space of Palau (Flag) and Mongolia (Flag) (2021)

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