Palau (PLW)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Palau - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | USA (USA) | 2.6% $226.21K | 34.8% $53.67M | 33.1% $53.90M |
| 2 | Singapore (SGP) | 0.0% $2.32K | 17.0% $26.28M | 16.1% $26.29M |
| 3 | Japan (JPN) | 77.2% $6.66M | 10.1% $15.59M | 13.6% $22.24M |
| 4 | Rep. of Korea (KOR) | 0.1% $6.82K | 10.3% $15.85M | 9.7% $15.86M |
| 5 | China (CHN) | 0.1% $10.00K | 5.7% $8.81M | 5.4% $8.82M |
| 6 | Philippines (PHL) | 0.1% $6.83K | 4.0% $6.14M | 3.8% $6.15M |
| 7 | Australia (AUS) | 0.0% $1.76K | 1.2% $1.88M | 1.2% $1.88M |
| 8 | China, Hong Kong SAR (HKG) | 0.1% $9.65K | 1.0% $1.61M | 1.0% $1.62M |
| 9 | New Zealand (NZL) | 0.0% $0 | 1.0% $1.54M | 0.9% $1.54M |
| 10 | Thailand (THA) | 0.0% $0 | 0.7% $1.01M | 0.6% $1.01M |
- Palau's total trade in 2024 reached $163.0M, comprising $8.6M in exports and $154.4M in imports.
- The country's overall trade balance was a deficit of -$145.8M.
- Globally, Palau's total trade ranked 181st for the year.
- The top export partner was Japan, which received 77.2% of Palau's exports, valued at $6.7M.
- The leading import partner was the United States, accounting for 34.8% of total imports, with a value of $53.7M.
- Fish and crustaceans, molluscs and other aquatic invertebrates (HS2 03) was the dominant export, representing 88.2% of the total.
Palau's Trade Landscape in 2024
Based on the latest data for 2024, Palau's total trade value was $163.0M, placing it at rank 181 among trading nations. Exports totaled $8.6M, while imports were significantly higher at $154.4M, contributing to a trade deficit of -$145.8M. The country's primary trading partners include Japan for exports and the United States for imports.
Dominant Product Categories
Palau's export profile is highly concentrated. The leading export is Fish and crustaceans, molluscs and other aquatic invertebrates (HS2 03), with an export value of $7.6M, making up 88.2% of the country's total exports. On the import side, the most significant category is Mineral fuels, mineral oils and products of their distillation (HS2 27), which accounts for $37.2M, or 24.1% of total imports. Another key import source is Singapore, which supplies 17.0% of Palau's imports.
Exports
Palau - exports over time (Exports), 2015-2018 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Palau - export composition by product categories (Exports), 2024 (USD)
Palau - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Palau - imports over time (Imports), 2015-2018 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.