Palau (PLW) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Palau-Italy Trade: In 2021, Palau exported $623k to Italy. The main products that Palau exported to Italy were N/A. Over the past 21 years the exports of Palau to Italy have increased at an annualized rate of 13.7%, from $41.7k in 2000 to $623k in 2021.

In 2021, Palau did not export any services to Italy.

Italy-Palau Trade: In 2021, Italy exported $9.26M to Palau. The main products that Italy exported to Palau were Recreational Boats ($9.25M), Valves ($4.22k), and Centrifuges ($3.29k). Over the past 21 years the exports of Italy to Palau have increased at an annualized rate of 84.3%, from $436k in 2000 to $9.26M in 2021.

In 2021, Italy did not export any services to Palau.

Comparison In 2022, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index. That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Palau exported $623k to Italy. There were not main exports from Palau to Italy in 2021. During the last 21 years the exports of Palau to Italy have increased at an annualized rate of 13.7%, from $41.7k in 2000 to $623k in 2021.

In 2017, Italy exported $9.26M to Palau. The main products exported from Italy to Palau were Recreational Boats ($9.25M), Valves ($4.22k), and Centrifuges ($3.29k). During the last 5 years the exports of Italy to Palau have increased at an annualized rate of 84.3%, from $436k in 2022 to $9.26M in 2017.

Exports from Palau () to Italy () (2022)

Exports from Italy () to Palau () (2022)

Latest Data

Trade between Palau () and Italy ()

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palau
Top DestinationN/AN/A

Italy
Top DestinationN/AN/A

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

N/A

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

Comparative Advantage Palau - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Palau had a large net trade with Italy in the exports of .

During 2017, Italy had a large net trade with Palau in the exports of Transportation ($9.25M), Machines ($8.87k), and Textiles ($2.66k).

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 Palau and Italy. This means that a dot/product with the flag of Palau indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Palau.

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Historical Data

Bilateral Trade by Products

Exports from Palau () to Italy () (2022)

Exports from Italy () to Palau () (2022)

Latest Data

Trade between Palau () and Italy ()

Italy Exports

Market Competitiveness

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

Comparative Advantage Palau - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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