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2022
Exports $567World Rnk 174 / 203
Flag Rnk 62 / 101
2022
Destination $567 United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $567United Arab Emirates
2022
PRODUCT COMPLEXITY IN Hand Tools0.83Rnk 235 / 1025
2022
Imports $3.12kWorld Rnk 210 / 220
Flag Rnk 394 / 592
2022
Origin $2.74k United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $2.74kUnited Kingdom

About

Exports In 2022, Palau exported $567 in Hand Tools, making it the 174th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 62nd most exported product in Palau. The main destination of Hand Tools exports from Palau are: United Arab Emirates ($567).

The fastest growing export markets for Hand Tools of Palau between 2021 and 2022 were United Arab Emirates ($567).

Imports In 2022, Palau imported $3.12k in Hand Tools, becoming the 210th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 394th most imported product in Palau. Palau imports Hand Tools primarily from: United Kingdom ($2.74k), Chinese Taipei ($302), and Singapore ($70).

The fastest growing import markets in Hand Tools for Palau between 2021 and 2022 were United Kingdom ($2.74k), Chinese Taipei ($266), and Singapore ($70).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hand Tools. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$567
IMPORTS (2022)$3.12k
NET TRADE (2022)-$2.55k

In 2022, Palau exported $567 in Hand Tools. The main destinations of Palau exports on Hand Tools were United Arab Emirates ($567).

In 2022, Palau imported $3.12k in Hand Tools, mainly from United Kingdom ($2.74k), Chinese Taipei ($302), and Singapore ($70).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Palau WERE (2021 - 2022):United Arab Emirates$567 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Palau WERE (2021 - 2022):Ireland-$171 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Palau's main exporting competitors in Hand Tools were:
China $1.12B
Germany $462M
Chinese Taipei $202M
In 2022, Palau's main importing competitors in Hand Tools were:
United States $552M
Germany $197M
France $121M

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Hand Tools’s highest export potential is N/A. With an export gap of N/A.   Hand Tools’s highest import potential is N/A with an import gap of N/A.

See methodology.

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