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2022
Flag → Flag
Exports $8.67MRnk 175 / 219
2022
Flag → Flag
Top Product $5.52MRefined Petroleum
2022
Flag → Flag
Exports $826kRnk 6 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Turkey-Palau Trade: In 2022, Turkey exported $8.67M to Palau. The main products that Turkey exported to Palau were Refined Petroleum ($5.52M), Passenger and Cargo Ships ($1.39M), and Centrifuges ($653k). Over the past 5 years the exports of Turkey to Palau have increased at an annualized rate of 63.6%, from $738k in 2017 to $8.67M in 2022.

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

Palau-Turkey Trade: In 2022, Palau exported $826k to Turkey. The main products that Palau exported to Turkey were N/A. Over the past 5 years the exports of Palau to Turkey have increased at an annualized rate of 20.7%,  from $323k in 2017 to $826k in 2022.

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

Comparison In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6),  and 29 in total exports ($262B). 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, Turkey exported $8.67M to Palau. The main products exported from Turkey to Palau were Refined Petroleum ($5.52M), Passenger and Cargo Ships ($1.39M), and Centrifuges ($653k). During the last 5 years the exports of Turkey to Palau have increased at an annualized rate of 63.6%, from $738k in 2017 to $8.67M in 2022.

In 2016, Palau exported $826k to Turkey. There were not main exports from Palau to Turkey in 2016. During the last 5 years the exports of Palau to Turkey have increased at an annualized rate of 20.7%, from $323k in 2021 to $826k in 2016.

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

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

Latest Data

Trade between Turkey (Flag) and Palau (Flag)

Turkey Exports

Market Competitiveness

Color
Turkey
Top DestinationN/AN/A
Palau
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage Turkey - Palau

Flow
Scale

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

During 2022, Turkey had a large net trade with Palau in the exports of Mineral Products ($5.52M), Transportation ($1.8M), and Machines ($1.13M).

During 2016, Palau had a large net trade with Turkey in the exports of .

Economic Complexity

Competitive Landscape

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

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

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