Australia (AUS) and Palau (PLW) Trade | The Observatory of Economic Complexity

About

Australia-Palau Trade: In 2022, Australia exported $2M to Palau. The main products that Australia exported to Palau were Video Displays ($780k), Other Prepared Meat ($316k), and Rolled Tobacco ($153k). Over the past 5 years the exports of Australia to Palau have decreased at an annualized rate of 3.81%, from $2.43M in 2017 to $2M in 2022.

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

Palau-Australia Trade: In 2022, Palau exported $185k to Australia. The main products that Palau exported to Australia were Computers ($100k), Office Machine Parts ($82.4k), and Refined Petroleum ($1.94k). Over the past 5 years the exports of Palau to Australia have decreased at an annualized rate of 27.1%, from $901k in 2017 to $185k in 2022.

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

Comparison In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Australia exported $2M to Palau. The main products exported from Australia to Palau were Video Displays ($780k), Other Prepared Meat ($316k), and Rolled Tobacco ($153k). During the last 5 years the exports of Australia to Palau have decreased at an annualized rate of 3.81%, from $2.43M in 2017 to $2M in 2022.

In 2017, Palau exported $185k to Australia. The main products exported from Palau to Australia were Computers ($100k), Office Machine Parts ($82.4k), and Refined Petroleum ($1.94k). During the last 5 years the exports of Palau to Australia have decreased at an annualized rate of 27.1%, from $901k in 2022 to $185k in 2017.

Exports from Australia () to Palau () (2022)

Exports from Palau () to Australia () (2022)

Latest Data

Trade between Australia () and Palau ()

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationN/AN/A

Palau
Top DestinationN/AN/A

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

N/A

Difference in imports from Palau () and Australia () (2022)

Comparative Advantage Australia - Palau

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Australia had a large net trade with Palau in the exports of Machines ($1.09M), Foodstuffs ($540k), and Miscellaneous ($125k).

During 2017, Palau had a large net trade with Australia in the exports of Machines ($183k) and Mineral Products ($1.94k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Australia () to Palau () (2022)

Exports from Palau () to Australia () (2022)

Latest Data

Trade between Australia () and Palau ()

Australia Exports

Market Competitiveness

Difference in imports from Palau () and Australia () (2022)

Comparative Advantage Australia - Palau

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Australia () and Palau () (2022)

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