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2022
Flag → Flag
Exports $4.23MRnk 156 / 215
2022
Flag → Flag
Top Product $1.5MElectrical Transformers
2022
Flag → Flag
Exports $105kRnk 9 / 38
2022
Flag → Flag
Top Product $99.5kComputers
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

About

Singapore-Palau Trade: In 2022, Singapore exported $4.23M to Palau. The main products that Singapore exported to Palau were Electrical Transformers ($1.5M), Flavored Water ($861k), and Refined Petroleum ($490k). Over the past 5 years the exports of Singapore to Palau have decreased at an annualized rate of 28.5%, from $22.7M in 2017 to $4.23M in 2022.

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

Palau-Singapore Trade: In 2022, Palau exported $105k to Singapore. The main products that Palau exported to Singapore were Computers ($99.5k), Aircraft Parts ($4.06k), and Electric Motors ($992). Over the past 5 years the exports of Palau to Singapore have increased at an annualized rate of 17.7%,  from $46.5k in 2017 to $105k in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68),  and 21 in total exports ($379B). That same year, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $4.23M to Palau. The main products exported from Singapore to Palau were Electrical Transformers ($1.5M), Flavored Water ($861k), and Refined Petroleum ($490k). During the last 5 years the exports of Singapore to Palau have decreased at an annualized rate of 28.5%, from $22.7M in 2017 to $4.23M in 2022.

In 2017, Palau exported $105k to Singapore. The main products exported from Palau to Singapore were Computers ($99.5k), Aircraft Parts ($4.06k), and Electric Motors ($992). During the last 5 years the exports of Palau to Singapore have increased at an annualized rate of 17.7%, from $46.5k in 2022 to $105k in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Palau (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Palau
Top DestinationGreece$2.11M

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

In 2022, countries that imported more from Singapore than Palau included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

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

Comparative Advantage Singapore - Palau

Flow
Scale

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

During 2022, Singapore had a large net trade with Palau in the exports of Machines ($1.7M), Foodstuffs ($1.36M), and Mineral Products ($534k).

During 2017, Palau had a large net trade with Singapore in the exports of Machines ($101k), Transportation ($4.06k), and Precious Metals ($313).

Economic Complexity

Competitive Landscape

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

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

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