2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186

About

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

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

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

Comparison In 2022,  Palau ranked 219 in total exports ($7.75M). That same year, Somalia ranked 167 in total exports ($569M). 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 Somalia.

Somalia does not register exports to Palau.

Exports from Palau (Flag) to Somalia (Flag) (2018)

Exports from Somalia (Flag) to Palau (Flag) (2018)

Market Competitiveness

Color
Palau
Top Destination
Greece$2.11M
Somalia
Top Destination
United Arab Emirates$283M

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

In 2022, countries that imported more from Palau than Somalia included Greece ($2.11M), Chinese Taipei ($603k), and United States ($540k).

In 2022, countries that imported more from Somalia than Palau included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).

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

Comparative Advantage Palau - Somalia

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

Product Space of Palau (Flag) and Somalia (Flag) (2018)

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