Goods exports in Palau
Palau: Goods exports was 1.75 million BoP, current US$ in 2023. ▼ Falling
Goods exports in Palau, 2005–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, goods exports in Palau stood at 1.75 million BoP, current US$.
Compared with earlier readings it is down 16.8% on the previous year and down 87.9% over ten years.
Over the whole period, goods exports in Palau peaked at 19.08 million BoP, current US$ in 2014 and was at its lowest, 1.06 million BoP, current US$, in 2021.
Palau ranks 199th of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Goods exports in Palau, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 10.98 million BoP, current US$ | — |
| 2006 | 9.66 million BoP, current US$ | -12.0% |
| 2007 | 9.49 million BoP, current US$ | -1.8% |
| 2008 | 12.00 million BoP, current US$ | +26.5% |
| 2009 | 8.13 million BoP, current US$ | -32.3% |
| 2010 | 11.65 million BoP, current US$ | +43.3% |
| 2011 | 12.84 million BoP, current US$ | +10.2% |
| 2012 | 15.02 million BoP, current US$ | +17.0% |
| 2013 | 14.38 million BoP, current US$ | -4.2% |
| 2014 | 19.08 million BoP, current US$ | +32.7% |
| 2015 | 14.75 million BoP, current US$ | -22.7% |
| 2016 | 13.32 million BoP, current US$ | -9.7% |
| 2017 | 14.06 million BoP, current US$ | +5.5% |
| 2018 | 13.79 million BoP, current US$ | -1.9% |
| 2019 | 10.92 million BoP, current US$ | -20.8% |
| 2020 | 4.32 million BoP, current US$ | -60.5% |
| 2021 | 1.06 million BoP, current US$ | -75.3% |
| 2022 | 2.10 million BoP, current US$ | +97.0% |
| 2023 | 1.75 million BoP, current US$ | -16.8% |
Palau compared with similar countries
- Palau's 1.75 million BoP, current US$ is below the median for high income countries, which is 47.85 billion BoP, current US$, 0% of the median. (72 countries reporting)
- Palau's 1.75 million BoP, current US$ is below the median for East Asia & Pacific, which is 10.29 billion BoP, current US$, 0% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.05 million BoP, current US$ | 8.13 million BoP, current US$ | 12.00 million BoP, current US$ | 5 |
| 2010s | 13.98 million BoP, current US$ | 10.92 million BoP, current US$ | 19.08 million BoP, current US$ | 10 |
| 2020s | 2.31 million BoP, current US$ | 1.06 million BoP, current US$ | 4.32 million BoP, current US$ | 4 |
Countries ranked near Palau
More economy & growth data for Palau
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
Frequently asked questions
- What is goods exports in Palau?
- Goods exports in Palau was 1.75 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods exports recorded in Palau?
- The highest recorded value was 19.08 million BoP, current US$ in 2014.
- What is the lowest goods exports recorded in Palau?
- The lowest recorded value was 1.06 million BoP, current US$ in 2021.
- How does Palau rank for goods exports?
- Palau ranks 199th out of 200 countries with data for 2023.
- Is goods exports rising or falling in Palau?
- Over the last ten years it is down 87.9%. The long-run trend across the full record is falling.
- Where does this Palau data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Exports of goods occur when there are changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.