2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Palau-Nigeria Trade: In 2019, Palau exported $126 to Nigeria. The main products that Palau exported to Nigeria were N/A. Over the past 18 years the exports of Palau to Nigeria have decreased at an annualized rate of 13.5%, from $1.7k in 2001 to $126 in 2019.

In 2019, Palau did not export any services to Nigeria.

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

In 2019, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Palau exported $126 to Nigeria. There were not main exports from Palau to Nigeria in 2019. During the last 18 years the exports of Palau to Nigeria have decreased at an annualized rate of 13.5%, from $1.7k in 2001 to $126 in 2019.

Nigeria does not register exports to Palau.

Exports from Palau (Flag) to Nigeria (Flag) (2019)

Exports from Nigeria (Flag) to Palau (Flag) (2019)

Market Competitiveness

Color
Palau
Top Destination
Greece$2.11M
Nigeria
Top Destination
Spain$9.41B

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

In 2022, countries that imported more from Palau than Nigeria included New Zealand ($96k).

In 2022, countries that imported more from Nigeria than Palau included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Palau - Nigeria

Flow
Scale

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

During 2019, Palau had a large net trade with Nigeria in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Palau (Flag) and Nigeria (Flag) (2019)

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