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2023
Flag → Flag
Exports $1.84MRnk 195 / 216
2023
Flag → Flag
Top Product $731kCars
2023
Flag → Flag
Exports $1.11kRnk 28 / 43
2023
Flag → Flag
Top Product $756Clays
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag  
GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
 GDP$282MCURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP GROWTH25.1%CURRENT US$
Rnk 126 / 195
2023
Flag
GDP PC $7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC$15,899CURRENT US$
Rnk 71 / 196
2013-2023
Flag
GDP PC GROWTH24.5%CURRENT US$
Rnk 89 / 195

About

Thailand-Palau Trade: In 2023, Thailand exported $1.84M to Palau. The main products that Thailand exported to Palau were Cars ($731k), Recreational Boats ($479k), and Processed Fish ($299k). Over the past 5 years the exports of Thailand to Palau have increased at an annualized rate of 9.9%, from $1.15M in 2018 to $1.84M in 2023.

In 2023, Thailand did not export any services to Palau.

Palau-Thailand Trade: In 2023, Palau exported $1.11k to Thailand. The main products that Palau exported to Thailand were Clays ($756), Other Electrical Machinery ($338), and Fake Hair ($14). Over the past 5 years the exports of Palau to Thailand have decreased at an annualized rate of 41.3%,  from $15.9k in 2018 to $1.11k in 2023.

In 2023, Palau did not export any services to Thailand.

Comparison In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96),  and 25 in total exports ($332B). That same year, Palau ranked 221 in total exports ($5.6M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Thailand exported $1.84M to Palau. The main products exported from Thailand to Palau were Cars ($731k), Recreational Boats ($479k), and Processed Fish ($299k). During the last 5 years the exports of Thailand to Palau have increased at an annualized rate of 9.9%, from $1.15M in 2018 to $1.84M in 2023.

In 2018, Palau exported $1.11k to Thailand. The main products exported from Palau to Thailand were Clays ($756), Other Electrical Machinery ($338), and Fake Hair ($14). During the last 5 years the exports of Palau to Thailand have decreased at an annualized rate of 41.3%, from $15.9k in 2023 to $1.11k in 2018.

Exports from Thailand (Flag) to Palau (Flag) (2023)

Exports from Palau (Flag) to Thailand (Flag) (2023)

Latest Data

Trade between Thailand (Flag) and Palau (Flag)

Thailand Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$58.5B
Palau
Top DestinationIndia$2.28M

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

In 2023, countries that imported more from Thailand than Palau included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

In 2023, no countries were registered that imported more from Palau than from Thailand.

Difference in imports from Palau (Flag) and Thailand (Flag) (2023)

Comparative Advantage Thailand - Palau

Flow
Scale

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

During 2023, Thailand had a large net trade with Palau in the exports of Transportation ($1.21M), Foodstuffs ($442k), and Vegetable Products ($168k).

During 2018, Palau had a large net trade with Thailand in the exports of Mineral Products ($756), Machines ($338), and Footwear and Headwear ($14).

Economic Complexity

Competitive Landscape

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

Product Space of Thailand (Flag) and Palau (Flag) (2023)

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