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$, in 2021.
Palau ranks 198th of 199 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.05 million BoP, current US$ | 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
- Gross fixed capital formation 115.22 million current US$ (2024)
- Gross national expenditure 147.9% (2024)
- Exports of goods and services 105.13 million current US$ (2024)
- Exports of goods and services 105.13 million current LCU (2024)
- Exports of goods and services 92.19 million constant 2015 US$ (2024)
- Exports of goods and services 40.6% (2024)
- Services, value added 234.96 million current US$ (2024)
- Exports of goods and services 32.7% (2024)
- Gross fixed capital formation 35.8% (2024)
- Industry (including construction), value added 13.0% (2024)
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 198th out of 199 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
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.