Palau (PLW) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Palau-Philippines Trade: In 2022, Palau exported $1.04k to Philippines. The main products that Palau exported to Philippines were Other Mineral ($532), Pastes and Waxes ($256), and Eyewear Frames ($249). Over the past 7 years the exports of Palau to Philippines have decreased at an annualized rate of 22.2%, from $6.02k in 2015 to $1.04k in 2022.

In 2022, Palau did not export any services to Philippines.

Philippines-Palau Trade: In 2022, Philippines exported $3.15M to Palau. The main products that Philippines exported to Palau were Cement ($812k), Baked Goods ($468k), and Packaged Medicaments ($409k). Over the past 7 years the exports of Philippines to Palau have decreased at an annualized rate of 11.4%, from $6.51M in 2015 to $3.15M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Palau exported $1.04k to Philippines. The main products exported from Palau to Philippines were Other Mineral ($532), Pastes and Waxes ($256), and Eyewear Frames ($249). During the last 7 years the exports of Palau to Philippines have decreased at an annualized rate of 22.2%, from $6.02k in 2015 to $1.04k in 2022.

In 2017, Philippines exported $3.15M to Palau. The main products exported from Philippines to Palau were Cement ($812k), Baked Goods ($468k), and Packaged Medicaments ($409k). During the last 5 years the exports of Philippines to Palau have decreased at an annualized rate of 11.4%, from $6.51M in 2022 to $3.15M in 2017.

Exports from Palau () to Philippines () (2022)

Exports from Philippines () to Palau () (2022)

Latest Data

Trade between Palau () and Philippines ()

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palau
Top DestinationGreece$2.11M

Philippines
Top DestinationUnited States$15.5B

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

In 2022, no countries were registered that imported more from Palau than from Philippines.

In 2022, countries that imported more from Philippines than Palau included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

Difference in imports from Philippines () and Palau () (2022)

Comparative Advantage Palau - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Palau had a large net trade with Philippines in the exports of Mineral Products ($532), Chemical Products ($256), and Instruments ($249).

During 2017, Philippines had a large net trade with Palau in the exports of Foodstuffs ($1.01M), Mineral Products ($812k), and Chemical Products ($604k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Palau () to Philippines () (2022)

Exports from Philippines () to Palau () (2022)

Latest Data

Trade between Palau () and Philippines ()

Philippines Exports

Market Competitiveness

Difference in imports from Philippines () and Palau () (2022)

Comparative Advantage Palau - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Palau () and Philippines () (2022)

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