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2022
Flag → Flag
Exports $603kRnk 4 / 38
2022
Flag → Flag
Top Product $244kScrap Iron
2022
Flag → Flag
Exports $7.26MRnk 146 / 210
2022
Flag → Flag
Top Product $1.09MIron Structures
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133

About

Palau-Chinese Taipei Trade: In 2022, Palau exported $603k to Chinese Taipei. The main products that Palau exported to Chinese Taipei were Scrap Iron ($244k), Scrap Aluminium ($173k), and Scrap Copper ($116k). Over the past 5 years the exports of Palau to Chinese Taipei have decreased at an annualized rate of 4.19%, from $747k in 2017 to $603k in 2022.

In 2022, Palau did not export any services to Chinese Taipei.

Chinese Taipei-Palau Trade: In 2022, Chinese Taipei exported $7.26M to Palau. The main products that Chinese Taipei exported to Palau were Iron Structures ($1.09M), Flavored Water ($474k), and Motor vehicles; parts and accessories (8701 to 8705) ($402k). Over the past 5 years the exports of Chinese Taipei to Palau have decreased at an annualized rate of 22%,  from $25.2M in 2017 to $7.26M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palau exported $603k to Chinese Taipei. The main products exported from Palau to Chinese Taipei were Scrap Iron ($244k), Scrap Aluminium ($173k), and Scrap Copper ($116k). During the last 5 years the exports of Palau to Chinese Taipei have decreased at an annualized rate of 4.19%, from $747k in 2017 to $603k in 2022.

In 2017, Chinese Taipei exported $7.26M to Palau. The main products exported from Chinese Taipei to Palau were Iron Structures ($1.09M), Flavored Water ($474k), and Motor vehicles; parts and accessories (8701 to 8705) ($402k). During the last 5 years the exports of Chinese Taipei to Palau have decreased at an annualized rate of 22%, from $25.2M in 2022 to $7.26M in 2017.

Exports from Palau (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Palau (Flag) (2022)

Market Competitiveness

Color
Palau
Top DestinationN/AN/A
Chinese Taipei
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from Chinese Taipei (Flag) and Palau (Flag) (2022)

Comparative Advantage Palau - Chinese Taipei

Flow
Scale

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

During 2022, Palau had a large net trade with Chinese Taipei in the exports of Metals ($555k), Plastics and Rubbers ($44.6k), and Mineral Products ($2.99k).

During 2017, Chinese Taipei had a large net trade with Palau in the exports of Metals ($2.12M), Machines ($1.24M), and Plastics and Rubbers ($910k).

Economic Complexity

Competitive Landscape

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

Product Space of Palau (Flag) and Chinese Taipei (Flag) (2022)

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