[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · PLW · 2024
Palau trade profile
In 2024, Palau recorded $18.7M in merchandise exports and $195.9M in imports, producing a $177.2M trade deficit. Exports changed +223.2% from the previous year, while imports changed -4.5%.[1]
Exports
$18.7M
+223.2%
Imports
$195.9M
-4.5%
Trade balance
-$177.2M
deficit
Active partners
270
0 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$15.2M
HS 89 · HS chapter
11 active HS6 lines · 4 export partners
2$890.6K
HS 99 · HS chapter
1 active HS6 lines · 7 export partners
3$617.2K
HS 84 · Machinery
441 active HS6 lines · 16 export partners
4$479.5K
HS 85 · Electrical machinery
240 active HS6 lines · 15 export partners
5$479.4K
HS 03 · HS chapter
76 active HS6 lines · 3 export partners
6$420.6K
HS 72 · HS chapter
45 active HS6 lines · 2 export partners
7$183.8K
HS 76 · HS chapter
19 active HS6 lines · 2 export partners
8$107.9K
HS 74 · HS chapter
10 active HS6 lines · 1 export partners
Leading export markets
Destinations rank bilateral export flows from Palau; growth describes each corridor rather than the whole economy.
1$9.4M
Italy
Annual change +1550.0% · 3-year CAGR 978.6%
2$5.1M
Greece
Annual change +4991.9% · 3-year CAGR 1517.3%
3$2.1M
United States
Annual change +319.7% · 3-year CAGR 58.4%
4$514.3K
Taiwan
Annual change -2.3% · 3-year CAGR -15.5%
5$479.8K
Türkiye
Annual change -63.4% · 3-year CAGR -60.9%
6$363.5K
South Korea
Annual change +81.2% · 3-year CAGR 20.1%
7$264.8K
Poland
Annual change +9129.3% · 3-year CAGR 1536.5%
8$167.0K
Japan
Annual change -38.5% · 3-year CAGR -54.2%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.