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Trade & investment · East Asia & Pacific · High income

Palau: trade and investment

Exports is 32.7% (2024), 101st of 184 in the world and 16th of 32 in East Asia & Pacific. Imports is 73.1% (2024), 30th of 184 in the world and 9th of 32 in East Asia & Pacific. Trade openness is 105.8% (2024), 53rd of 184 in the world and 15th of 32 in East Asia & Pacific.

Exports
PalauEast Asia & PacificHigh incomeWorld
0%20%40%60%1995200020052010201520202025Palau32.7%East Asia & PacificHigh incomeWorld
Imports
PalauEast Asia & PacificHigh incomeWorld
0%25%50%75%100%1995200020052010201520202025Palau73.1%East Asia & PacificHigh incomeWorld
13 indicators

Trade & investment: Palau in detail

Latest reported value, world rank and rank within East Asia & Pacific; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.

IndicatorLatestWorld rankIn region~2000~2010~202010-year changeRegionIncome groupWorldSince 2000
ExportsExports of goods and services, % of GDP32.7%2024101/18416/32·46.4%23.3%−22.6 ppsince 201432.5%31.7%29.5%
ImportsImports of goods and services, % of GDP73.1%202430/1849/32·76.7%81.1%−17.4 ppsince 201428.5%30.8%28.5%
Trade opennessTrade, % of GDP105.8%202453/18415/32·123.1%104.4%−40.0 ppsince 201463.8%60.5%68.5%
Current accountCurrent account balance, % of GDP-48.6%2023184/18529/29·-10.1%-43.9%−35.7 ppsince 2013———
Merchandise exportsMerchandise exports, current US$$3.0m2025205/20636/37$12.0m$6.0m$7.0m−50%since 2015$9.2tn$17.5tn$26.4tn
High-tech exportsHigh-technology exports, % of manufactured exports51.7%2018——··51.7%2018—34.6%25.8%24.7%
Fuel exportsFuel exports, % of merchandise exports0.5%2017——·0.1%2012·—4.2%10.4%9.5%
Food exportsFood exports, % of merchandise exports88.7%2018——·86.3%201288.7%2018—4.4%8.8%9.0%
Average tariffApplied tariff rate, weighted mean, all products9.5%202138/1845/29·6.8%9.6%+3.0 ppsince 2011———
FDI inflowsForeign direct investment, net inflows, % of GDP16.6%202510/1973/322.1%1.5%17.0%+4.3 ppsince 20151.7%1.5%1.4%
RemittancesPersonal remittances received, % of GDP0.8%2023127/17818/26·0.9%0.9%−0.2 ppsince 20130.4%0.3%0.8%
Tourist arrivalsInternational tourist arrivals18,4002020188/19629/3558,00085,00018,400−78%since 2010491m1.5bn2.4bn
Tourism receiptsInternational tourism receipts, current US$$123m2017138/17720/31·$76.0m·+81%since 2007—$1.2tn$1.9tn
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
neighbours

Palau and its neighbours

Countries sharing a land border with Palau. Latest values since 2005; the highest in each row is marked.

IndicatorPalauIndonesiaPhilippinesMicronesia
Exports32.7%202422.8%202526.6%202522.1%2025
Imports73.1%202420.5%202540.2%202570.9%2025
Trade openness105.8%202443.4%202566.8%202593.1%2025
Current account-48.6%2023-0.1%2025-3.5%20257.1%2014
Merchandise exports$3.0m2025$283bn2025$83.7bn2025$109m2025
High-tech exports51.7%20188.7%202460.4%2024—
Fuel exports0.5%201716.0%20251.0%2025—
Food exports88.7%201822.9%202510.8%202599.2%2013
Average tariff9.5%20211.8%20221.8%2022—