2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Palau-Sweden Trade: In 2022, Palau exported $10.7k to Sweden. The main products that Palau exported to Sweden were Centrifuges ($3.56k), Valves ($3.56k), and Rubber Tires ($1.6k). Over the past 6 years the exports of Palau to Sweden have increased at an annualized rate of 9.54%, from $6.19k in 2016 to $10.7k in 2022.

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

Sweden-Palau Trade: In 2022, Sweden exported $4.25k to Palau. The main products that Sweden exported to Palau were Audio Alarms ($2.67k), Knit Sweaters ($494), and Centrifuges ($494). Over the past 6 years the exports of Sweden to Palau have decreased at an annualized rate of 58.7%,  from $355k in 2016 to $4.25k in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palau exported $10.7k to Sweden. The main products exported from Palau to Sweden were Centrifuges ($3.56k), Valves ($3.56k), and Rubber Tires ($1.6k). During the last 6 years the exports of Palau to Sweden have increased at an annualized rate of 9.54%, from $6.19k in 2016 to $10.7k in 2022.

In 2017, Sweden exported $4.25k to Palau. The main products exported from Sweden to Palau were Audio Alarms ($2.67k), Knit Sweaters ($494), and Centrifuges ($494). During the last 5 years the exports of Sweden to Palau have decreased at an annualized rate of 58.7%, from $355k in 2022 to $4.25k in 2017.

Exports from Palau (Flag) to Sweden (Flag) (2022)

Exports from Sweden (Flag) to Palau (Flag) (2022)

Latest Data

Trade between Palau (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
Palau
Top Destination
Greece$2.11M
Sweden
Top Destination
Germany$19.2B

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

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

In 2022, countries that imported more from Sweden than Palau included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Palau - Sweden

Flow
Scale

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

During 2022, Palau had a large net trade with Sweden in the exports of Machines ($7.32k), Plastics and Rubbers ($1.6k), and Textiles ($1.29k).

During 2017, Sweden had a large net trade with Palau in the exports of Machines ($3.36k) and Textiles ($890).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Palau Sweden+N/AN/A
Top Product Potential Sweden Palau+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Palau (Flag) and Sweden (Flag) (2022)

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