2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Palau-Italy In 2021, Palau exported $623k to Italy. The main products that Palau exported to Italy are N/A. 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 2021, Palau did not export any services to Italy.

Italy-Palau 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). During the last 21 years the exports of Italy to Palau have increased at an annualized rate of 25.7%, from $75.9k 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
Value

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 2022, 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 27 years the exports of Italy to Palau have increased at an annualized rate of 25.7%, from $75.9k in 1995 to $9.26M in 2022.

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

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

Latest Data

Trade between Palau (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Palau
Top Destination
N/AN/A
Italy
Top Destination
N/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

N/A

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

Comparative Advantage Palau - Italy

Flow
Scale

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 2022, Italy had a large net trade with Palau in the exports of Transportation ($9.25M), Machines ($8.87k), and Textiles ($2.66k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Palau has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Palau.

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

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