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Palau Trade Summary

2015

Palau exports, imports, tariff by year.
Palau monthly trade data
Palau quarterly trade data

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR PALAU 2015

Overall Exports and Imports for Palau 2015

Exports and imports of Palau in 2015 are below, along with number of countries and products

  • The total value of exports (FoB) was 6 million.
  • The total value of imports (CIF) was 150 million.
  • At the HS6 digit level, 348 products were exported to 19 countries and 2,989 products were imported from 107 countries.

Palau top 5 Export and Import partners 2015

Top five countries to which Palau exported in 2015 are below, along with the percent of total exports that went to that country:

  1. Palau exports to Unspecified worth US$ 2 million, with a partner share of 35.92 percent.
  2. Palau exports to United States worth US$ 2 million, with a partner share of 33.95 percent.
  3. Palau exports to Guam worth US$ 1 million, with a partner share of 19.89 percent.
  4. Palau exports to Japan worth US$ 0 million, with a partner share of 6.00 percent.
  5. Palau exports to Other Asia, nes worth US$ 0 million, with a partner share of 2.07 percent.

Top five countries from which Palau imported goods in 2015 are below, along with percent of total imports that came from the country :

  1. Palau imports from United States worth US$ 57 million, with a partner share of 37.72 percent.
  2. Palau imports from Singapore worth US$ 22 million, with a partner share of 14.82 percent.
  3. Palau imports from Japan worth US$ 17 million, with a partner share of 11.57 percent.
  4. Palau imports from Korea, Rep. worth US$ 9 million, with a partner share of 6.15 percent.
  5. Palau imports from Other Asia, nes worth US$ 8 million, with a partner share of 5.59 percent.

Palau Top 5 Productsexports imports at HS 6 digit level 2015

The top five exported HS 6 digit level products to world by Palau along with trade value are:

  1. Palau exported Surveying,hydrographic,oceanographic,meteorolog , worth US$ 1,271.77 million.
  2. Palau exported Towers and lattice masts, iron or steel , worth US$ 1,000.00 million.
  3. Palau exported Trucks fitted with lifting or handling equipmen , worth US$ 746.22 million.
  4. Palau exported Parts and accessories for use with the apparatu , worth US$ 663.19 million.
  5. Palau exported Fresh or chilled yellowfin tunas , worth US$ 228.20 million.

The top five imported HS 6 digit level products from world by Palau along with trade value are

  1. Palau imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 26,316.20 million.
  2. Palau imported Beer made from malt , worth US$ 3,311.79 million.
  3. Palau imported Outboard motors, spark-ignition reciprocating o , worth US$ 2,297.11 million.
  4. Palau imported Cruise ships, excursion boats etc principally d , worth US$ 1,962.23 million.
  5. Palau imported Video recording or reproducing apparatus magnet , worth US$ 1,887.32 million.

Exports and Imports of Product Groups 2015

Exports and imports of products by stages of processing in 2015 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2015

Tariffs imposed by Palau in 2015 are below

  • The maximum rate of tariff in percentage on any product was 1,721.31 percent.
  • The simple average tariff across all products was 5.07 percent.
  • The trade weighted average tariff was 7.69 .
  • The total duty free imports in thousands of US dollars were 30,718.22 and duty free tariff line items share was 13.60 percent.

Development Indicators 2015

Key Development Indicators of Palau in 2015 are below

  • Palau GDP in current US dollar was 280 million.
  • GNI per capita, Atlas method (current US$) was 16,180.00 .
  • Palau Trade balance: as % of GDP was -17.29.
  • Trade balance in current US$ was -48.00 million.
  • Trade as percentage of GDP was 133.99 .
  • Trade in services as percentage of GDP was 77.37 .

Trade Indicators 2015

Trade Indicators for Palau in 2015 are below

  • Hirschman Herfindahl market concentration index was 0.32.
  • Index of export market penetration was 1.06.
  • World Growth in percentage was -6.61 and Palau Country Growth was -7.77 .