Palau
Compare Palau →PW · PLW · BACI 585 · latest data 2024
Exports
$20M USD, nominal · 2024
= $20 M17.8% over 5 yrs (down)
Imports
$173M USD, nominal · 2024
= $173 M68.4% over 5 yrs (up)
Trade balancedeficit
−$153M USD, nominal · 2024
= −$153 M
Total trade
$192M USD, nominal · 2024
= $192 M52.1% over 5 yrs (up)
- World position
- #214 of 225 exporters · bottom half · #208 of 225 importers · bottom half · 2024
- World export share since 1995
- ±0.0 pp
Trade timeline
Palau's exports fell from $26M in 1995 to $20M in 2024; the 2024 balance was −$153M.
Loading trade timeline…
View timeline table
| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $26 M | $22 M | $4 M | $48 M |
| 1996 | $35 M | $45 M | −$10 M | $80 M |
| 1997 | $38 M | $46 M | −$7 M | $84 M |
| 1998 | $31 M | $36 M | −$5 M | $67 M |
| 1999 | $38 M | $33 M | $6 M | $71 M |
| 2000 | $32 M | $48 M | −$16 M | $81 M |
| 2001 | $27 M | $51 M | −$24 M | $78 M |
| 2002 | $29 M | $45 M | −$16 M | $73 M |
| 2003 | $17 M | $29 M | −$13 M | $46 M |
| 2004 | $23 M | $43 M | −$21 M | $66 M |
| 2005 | $32 M | $36 M | −$3 M | $68 M |
| 2006 | $43 M | $42 M | $1 M | $84 M |
| 2007 | $33 M | $123 M | −$91 M | $156 M |
| 2008 | $29 M | $158 M | −$129 M | $187 M |
| 2009 | $18 M | $118 M | −$100 M | $136 M |
| 2010 | $18 M | $129 M | −$111 M | $147 M |
| 2011 | $19 M | $147 M | −$128 M | $167 M |
| 2012 | $27 M | $163 M | −$136 M | $190 M |
| 2013 | $17 M | $191 M | −$174 M | $207 M |
| 2014 | $24 M | $186 M | −$163 M | $210 M |
| 2015 | $19 M | $168 M | −$149 M | $187 M |
| 2016 | $24 M | $193 M | −$169 M | $217 M |
| 2017 | $28 M | $186 M | −$158 M | $214 M |
| 2018 | $32 M | $180 M | −$148 M | $212 M |
| 2019 | $24 M | $102 M | −$78 M | $126 M |
| 2020 | $15 M | $89 M | −$75 M | $104 M |
| 2021 | $6 M | $105 M | −$99 M | $110 M |
| 2022 | $8 M | $154 M | −$146 M | $161 M |
| 2023 | $6 M | $166 M | −$160 M | $172 M |
| 2024 | $20 M | $172 M | −$153 M | $192 M |
30 rows
Trading partners
China was Palau's top trading partner in 2024, at 21.9% of total trade; the top five partners covered 70.5%.
- Top partner share
- 21.9%
- Top-5 share
- 70.5%
- Partners
- 57
- Partner HHI (0–1)
- 0.127
Loading world basemap…
Italy $10M
Greece $5M
Türkiye $2M
United States $2M
Other Asia, nes $1M
South Korea $0M
Japan $0M
Singapore $0M
New Zealand $0M
Indonesia $0M
China $0M
Brazil $0M
Philippines $0M
Thailand $0M
Australia $0M
View partner table
| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | China | $0 M | $42 M | $42 M | −$42 M |
| #2 | Italy | $10 M | $28 M | $37 M | −$18 M |
| #3 | United States | $2 M | $18 M | $20 M | −$17 M |
| #4 | Japan | $0 M | $19 M | $19 M | −$19 M |
| #5 | South Korea | $0 M | $17 M | $17 M | −$17 M |
| #6 | Türkiye | $2 M | $12 M | $14 M | −$11 M |
| #7 | Greece | $5 M | $6 M | $11 M | −$0 M |
| #8 | Other Asia, nes | $1 M | $7 M | $8 M | −$7 M |
| #9 | Thailand | $0 M | $7 M | $7 M | −$7 M |
| #10 | Philippines | $0 M | $4 M | $4 M | −$4 M |
| #11 | Australia | $0 M | $3 M | $3 M | −$3 M |
| #12 | Singapore | $0 M | $3 M | $3 M | −$3 M |
| #13 | Brazil | $0 M | $2 M | $2 M | −$2 M |
| #14 | Indonesia | $0 M | $1 M | $1 M | −$1 M |
| #15 | New Zealand | $0 M | $1 M | $1 M | −$1 M |
15 rows
Products & sectors
Product composition of Palau's trade in 2024.
Loading product detail for 2024 (large file, fetched on demand)…
View product table
The product table loads with the product data for 2024.
Concentration & risk
Palau's export partners diversified over 1995–2024 — HHI 0.426 → 0.329, a concentrated export base across 47 partners in 2024.
Loading concentration trends…
View concentration table
| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.426 | 0.342 | 14 | 17 |
| 1996 | 0.267 | 0.232 | 11 | 18 |
| 1997 | 0.299 | 0.268 | 23 | 21 |
| 1998 | 0.338 | 0.230 | 21 | 24 |
| 1999 | 0.412 | 0.245 | 21 | 24 |
| 2000 | 0.476 | 0.181 | 28 | 23 |
| 2001 | 0.478 | 0.168 | 21 | 26 |
| 2002 | 0.443 | 0.198 | 20 | 26 |
| 2003 | 0.647 | 0.258 | 22 | 22 |
| 2004 | 0.645 | 0.198 | 21 | 28 |
| 2005 | 0.838 | 0.174 | 28 | 26 |
| 2006 | 0.857 | 0.185 | 31 | 28 |
| 2007 | 0.751 | 0.173 | 32 | 57 |
| 2008 | 0.802 | 0.164 | 34 | 66 |
| 2009 | 0.868 | 0.183 | 34 | 64 |
| 2010 | 0.827 | 0.174 | 30 | 58 |
| 2011 | 0.888 | 0.173 | 27 | 63 |
| 2012 | 0.767 | 0.218 | 47 | 69 |
| 2013 | 0.815 | 0.171 | 37 | 70 |
| 2014 | 0.408 | 0.154 | 54 | 92 |
| 2015 | 0.259 | 0.171 | 51 | 107 |
| 2016 | 0.437 | 0.177 | 47 | 106 |
| 2017 | 0.597 | 0.157 | 47 | 103 |
| 2018 | 0.525 | 0.150 | 52 | 113 |
| 2019 | 0.522 | 0.151 | 49 | 38 |
| 2020 | 0.456 | 0.163 | 39 | 44 |
| 2021 | 0.186 | 0.181 | 46 | 46 |
| 2022 | 0.189 | 0.178 | 39 | 40 |
| 2023 | 0.252 | 0.196 | 43 | 41 |
| 2024 | 0.329 | 0.129 | 47 | 44 |
30 rows
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