Palau (PLW) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

About

Palau-New Zealand Trade: In 2022, Palau exported $96k to New Zealand. The main products that Palau exported to New Zealand were Office Machine Parts ($86.4k), Computers ($9.58k), and Non-Knit Men's Suits ($32). Over the past 5 years the exports of Palau to New Zealand have increased at an annualized rate of 25.8%, from $30.4k in 2017 to $96k in 2022.

In 2022, Palau did not export any services to New Zealand.

New Zealand-Palau Trade: In 2022, New Zealand exported $542k to Palau. The main products that New Zealand exported to Palau were Petroleum Gas ($130k), Sawn Wood ($111k), and Packaged Medicaments ($84.6k). Over the past 5 years the exports of New Zealand to Palau have decreased at an annualized rate of 16%, from $1.3M in 2017 to $542k in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Palau exported $96k to New Zealand. The main products exported from Palau to New Zealand were Office Machine Parts ($86.4k), Computers ($9.58k), and Non-Knit Men's Suits ($32). During the last 5 years the exports of Palau to New Zealand have increased at an annualized rate of 25.8%, from $30.4k in 2017 to $96k in 2022.

In 2017, New Zealand exported $542k to Palau. The main products exported from New Zealand to Palau were Petroleum Gas ($130k), Sawn Wood ($111k), and Packaged Medicaments ($84.6k). During the last 5 years the exports of New Zealand to Palau have decreased at an annualized rate of 16%, from $1.3M in 2022 to $542k in 2017.

Exports from Palau () to New Zealand () (2022)

Exports from New Zealand () to Palau () (2022)

Latest Data

Trade between Palau () and New Zealand ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palau
Top DestinationN/AN/A

New Zealand
Top DestinationN/AN/A

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

N/A

Difference in imports from New Zealand () and Palau () (2022)

Comparative Advantage Palau - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Palau had a large net trade with New Zealand in the exports of Machines ($96k) and Textiles ($32).

During 2017, New Zealand had a large net trade with Palau in the exports of Mineral Products ($130k), Chemical Products ($112k), and Wood Products ($111k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Palau () to New Zealand () (2022)

Exports from New Zealand () to Palau () (2022)

Latest Data

Trade between Palau () and New Zealand ()

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Palau () (2022)

Comparative Advantage Palau - New Zealand

Economic Complexity

Competitive Landscape

Product Space of Palau () and New Zealand () (2022)

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