2022
Flag  
GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC 
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

Thailand-Palau Trade: In 2022, Thailand exported $1.81M to Palau. The main products that Thailand exported to Palau were Processed Fish ($544k), Iron Structures ($478k), and Cars ($324k). Over the past 5 years the exports of Thailand to Palau have increased at an annualized rate of 11.1%, from $1.07M in 2017 to $1.81M in 2022.

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

Palau-Thailand Trade: In 2022, Palau exported $1.42k to Thailand. The main products that Palau exported to Thailand were Thermostats ($1.26k), Clays ($99), and Electrical Capacitors ($39). Over the past 5 years the exports of Palau to Thailand have increased at an annualized rate of 3.37%,  from $1.2k in 2017 to $1.42k in 2022.

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

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96),  and 27 in total exports ($312B). 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, Thailand exported $1.81M to Palau. The main products exported from Thailand to Palau were Processed Fish ($544k), Iron Structures ($478k), and Cars ($324k). During the last 5 years the exports of Thailand to Palau have increased at an annualized rate of 11.1%, from $1.07M in 2017 to $1.81M in 2022.

In 2017, Palau exported $1.42k to Thailand. The main products exported from Palau to Thailand were Thermostats ($1.26k), Clays ($99), and Electrical Capacitors ($39). During the last 5 years the exports of Palau to Thailand have increased at an annualized rate of 3.37%, from $1.2k in 2022 to $1.42k in 2017.

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

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

Latest Data

Trade between Thailand (Flag) and Palau (Flag)

Thailand Exports

Market Competitiveness

Color
Thailand
Top Destination
N/AN/A
Palau
Top Destination
N/AN/A

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.

N/A

N/A

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

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 2022, Thailand had a large net trade with Palau in the exports of Foodstuffs ($751k), Metals ($500k), and Transportation ($433k).

During 2017, Palau had a large net trade with Thailand in the exports of Instruments ($1.26k), Mineral Products ($99), and Machines ($39).

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) (2022)

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