globaltraffic.earth

Palau trade in 2024

In 2024, Palau exported $20 million and imported $172 million, a trade deficit of $153 million. It was the world's 213th-largest exporter, with 0% of world exports. Its top export was yachts and pleasure boats (53.9% of the total) and its main trading partner was China (21.9% of its trade).

Summary

Exports
$20million
Imports
$172million
Trade balance
-$153million
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
View on the 3D globe

Products

What it exports

Yachts and pleasure boats (53.9%) and cargo and cruise ships (22.7%) together make up 76.6% of its exports.

  1. Yachts and pleasure boats$11 million · 53.9%
    Main partner: Italy
  2. Cargo and cruise ships$4 million · 22.7%
    Main partner: Greece
  3. Dredgers and floating cranes$2 million · 7.6%
    Main partner: Turkey
  4. Live fish$505 thousand · 2.6%
    Main partner: United States
  5. Ferrous scrap$449 thousand · 2.3%
    Main partner: South Korea
  6. Turbojets and gas turbines$411 thousand · 2.1%
    Main partner: United States
  7. Warships and other vessels$354 thousand · 1.8%
    Main partner: United States
  8. Cables and wire$261 thousand · 1.3%
    Main partner: Poland
  9. Aluminum scrap$194 thousand · 0.99%
    Main partner: Taiwan
  10. Industrial fatty acids and oils$123 thousand · 0.62%
    Main partner: South Korea

What it imports

Refined petroleum (21.3%) and yachts and pleasure boats (16.9%) together make up 38.2% of its imports.

  1. Refined petroleum$37 million · 21.3%
    Main partner: South Korea
  2. Yachts and pleasure boats$29 million · 16.9%
    Main partner: Italy
  3. Cargo and cruise ships$13 million · 7.5%
    Main partner: Japan
  4. 3D printers$6 million · 3.5%
    Main partner: China
  5. Prefabricated buildings$6 million · 3.2%
    Main partner: Thailand
  6. Cars$3 million · 2%
    Main partner: Japan
  7. Furniture$3 million · 1.5%
    Main partner: Taiwan
  8. Centrifuges and filters$3 million · 1.5%
    Main partner: Turkey
  9. Steel structures$2 million · 1.4%
    Main partner: China
  10. Other food preparations$2 million · 1.3%
    Main partner: United States
By Harmonized System chapter (90)
ChapterExportsImports
89 · Ships and boats$17 million$42 million
84 · Mechanical machinery$621 thousand$21 million
03 · Fish and seafood$526 thousand$1 million
72 · Iron and steel$449 thousand$2 million
85 · Electrical and electronic equipment$339 thousand$5 million
76 · Aluminum$194 thousand$2 million
38 · Miscellaneous chemicals$123 thousand$221 thousand
74 · Copper$113 thousand$23 thousand
61 · Knitted clothing$71 thousand$470 thousand
05 · Other animal products$58 thousand$8
71 · Gems and precious metals$31 thousand$11 thousand
39 · Plastics$30 thousand$4 million
90 · Precision and medical instruments$21 thousand$2 million
20 · Preserved fruit and vegetables$20 thousand$526 thousand
62 · Woven clothing$16 thousand$187 thousand
22 · Beverages and spirits$14 thousand$3 million
81 · Other base metals$11 thousand$16 thousand
97 · Art and antiques$10 thousand$13 thousand
87 · Vehicles$8 thousand$9 million
33 · Perfumes and cosmetics$7 thousand$124 thousand
26 · Ores and slag$3 thousand$3 thousand
08 · Fruit and nuts$3 thousand$115 thousand
56 · Felt, nonwovens and rope$3 thousand$423 thousand
34 · Soap and cleaning products$2 thousand$302 thousand
70 · Glass$2 thousand$110 thousand
30 · Pharmaceuticals$1 thousand$548 thousand
82 · Tools and cutlery$1 thousand$211 thousand
83 · Miscellaneous metal goods$922$265 thousand
48 · Paper and paperboard$791$960 thousand
58 · Special fabrics and lace$594$11 thousand
40 · Rubber$509$842 thousand
46 · Wicker and basketware$434$3 thousand
73 · Iron and steel products$321$5 million
42 · Leather goods and bags$251$81 thousand
07 · Vegetables$249$1 million
25 · Salt, stone and cement$200$2 million
68 · Stone, plaster and cement articles$125$2 million
95 · Toys and sports gear$124$319 thousand
12 · Oilseeds and grains$108$58 thousand
64 · Footwear$49$122 thousand
65 · Hats$23$45 thousand
53 · Other plant fibers$23$841
27 · Oil, gas and coal$22$37 million
92 · Musical instruments$14$17 thousand
94 · Furniture and lighting$0$9 million
02 · Meat and offal$0$4 million
21 · Food preparations$0$3 million
44 · Wood$0$2 million
19 · Baked goods and cereal products$0$2 million
16 · Prepared meat and fish$0$2 million
04 · Dairy, eggs and honey$0$964 thousand
32 · Dyes, paints and tanning agents$0$765 thousand
10 · Cereals$0$544 thousand
15 · Fats and oils$0$532 thousand
69 · Ceramics$0$519 thousand
49 · Books and printed matter$0$479 thousand
24 · Tobacco$0$471 thousand
17 · Sugar and sweets$0$291 thousand
23 · Animal feed and food waste$0$286 thousand
18 · Cocoa and chocolate$0$276 thousand
63 · Home textiles and used clothing$0$266 thousand
28 · Inorganic chemicals$0$228 thousand
57 · Carpets and rugs$0$212 thousand
29 · Organic chemicals$0$180 thousand
11 · Milling products and malt$0$165 thousand
93 · Weapons and ammunition$0$162 thousand
67 · Feathers and artificial flowers$0$156 thousand
35 · Glues, starches and enzymes$0$102 thousand
09 · Coffee, tea and spices$0$72 thousand
96 · Other manufactured goods$0$64 thousand
31 · Fertilizers$0$51 thousand
59 · Coated and technical textiles$0$48 thousand
79 · Zinc$0$30 thousand
01 · Live animals$0$30 thousand
54 · Synthetic filaments$0$26 thousand
36 · Explosives and matches$0$17 thousand
86 · Railway equipment$0$15 thousand
55 · Synthetic staple fibers$0$10 thousand
80 · Tin$0$9 thousand
91 · Watches and clocks$0$9 thousand
88 · Aircraft and spacecraft$0$8 thousand
75 · Nickel$0$6 thousand
37 · Photographic goods$0$5 thousand
06 · Live plants and flowers$0$1 thousand
13 · Gums and plant extracts$0$342
52 · Cotton$0$340
66 · Umbrellas and canes$0$293
47 · Wood pulp$0$189
51 · Wool$0$93
14 · Other plant products$0$63

Trading partners

Its main destination is Italy (48.7% of exports) and its main source is China (24.4% of imports).

Who it sells to

PartnerValue (USD millions)ShareMode
Italy9.648.7%Air
Greece5.527.9%Sea
Turkey1.68%Sea
United States1.57.7%Sea
Taiwan0.542.8%—
South Korea0.392%—
Poland0.271.4%—
El Salvador0.070.37%—
Japan0.060.29%—
Belgium0.040.22%—

Who it buys from

PartnerValue (USD millions)ShareMode
China42.124.4%Sea
Italy27.516%Air
Japan19.311.2%Sea
United States1810.4%Sea
South Korea16.99.8%Sea
Turkey12.47.2%Sea
Taiwan7.44.3%Sea
Thailand6.83.9%Sea
Greece5.73.3%Sea
Philippines4.32.5%Sea

Overview 1995–2024

In 2024, Palau accounted for 0% of world exports, compared with 0% in 1995.

Exports and imports

Exports fell 25% since 1995

USD millions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 19.7
  • Imports 172
  • Balance -153

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$26 million$22 million$4 million
1996$35 million$45 million-$10 million
1997$38 million$46 million-$7 million
1998$31 million$36 million-$5 million
1999$38 million$33 million$6 million
2000$32 million$48 million-$16 million
2001$27 million$51 million-$24 million
2002$29 million$45 million-$16 million
2003$17 million$29 million-$13 million
2004$23 million$43 million-$21 million
2005$32 million$36 million-$3 million
2006$43 million$42 million$733 thousand
2007$33 million$123 million-$90 million
2008$29 million$158 million-$128 million
2009$18 million$118 million-$100 million
2010$18 million$129 million-$111 million
2011$19 million$147 million-$128 million
2012$27 million$163 million-$136 million
2013$17 million$190 million-$174 million
2014$24 million$186 million-$163 million
2015$19 million$169 million-$150 million
2016$24 million$193 million-$169 million
2017$28 million$186 million-$158 million
2018$32 million$180 million-$149 million
2019$24 million$102 million-$78 million
2020$15 million$89 million-$75 million
2021$6 million$105 million-$99 million
2022$8 million$154 million-$146 million
2023$6 million$180 million-$174 million
2024$20 million$172 million-$153 million

World rank

Palau fell from 189th to 213th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 189th in 1995
  • 213th in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995189th
1996185th
1997187th
1998187th
1999190th
2000196th
2001198th
2002200th
2003204th
2004201st
2005197th
2006198th
2007200th
2008205th
2009208th
2010207th
2011207th
2012208th
2013211th
2014208th
2015211th
2016208th
2017210th
2018206th
2019211th
2020213th
2021218th
2022215th
2023217th
2024213th

What it sells

Ships and boats became its top export group: from 0% to 86%

% of exports by Harmonized System chapter.

  • Other 2%
  • Copper 1%
  • Miscellaneous chemicals 1%
  • Aluminum 1%
  • Electrical and electronic equipment 2%
  • Iron and steel 2%
  • Fish and seafood 3%
  • Mechanical machinery 3%
  • Ships and boats 86%

Source: CEPII BACI

Show the numbers
Chapter19952024
Ships and boats0%86.4%
Mechanical machinery0.17%3.2%
Fish and seafood65.5%2.7%
Iron and steel0%2.3%
Electrical and electronic equipment2.7%1.7%
Aluminum0.08%0.99%
Miscellaneous chemicals0%0.62%
Copper0%0.57%
Other31.5%1.6%

Who it trades with

Japan went from 54% to 10% of Palau's trade

% of total trade (exports + imports) with each partner.

  • China 22%
  • Italy 19%
  • United States 10%
  • Japan 10%
  • South Korea 9%

Source: CEPII BACI

Show the numbers
Partner19952024
China0.35%21.9%
Italy0.16%19.3%
United States27.5%10.2%
Japan53.9%10.1%
South Korea3.2%9%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

No hubs above the globe threshold.

View on the globe

Largest economic production hubs (gridded GDP, 2024)

No hubs above the globe threshold.

View on the globe

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

See all countries