Merchandise exports by the reporting economy in Palau

Palau: Merchandise exports by the reporting economy was 1.91 million current US$ in 2023. ▼ Falling

Latest (2023)
1.91 million current US$
Change on year
down 58.9%
World rank
204th
of 204 countries
All-time high
13.19 million current US$
in 2006
All-time low
1.91 million current US$
in 2023
Years of data
24
2000–2023

Merchandise exports by the reporting economy in Palau, 2000–2023

2.5M5.0M7.5M10.0M12.5M2000201120232000: 2.8M current US$2001: 4.5M current US$2002: 3.5M current US$2003: 4.4M current US$2004: 5.4M current US$2005: 9.3M current US$2006: 13.2M current US$2007: 9.8M current US$2008: 10.2M current US$2009: 6.7M current US$2010: 6.7M current US$2011: 6.9M current US$2012: 11.2M current US$2013: 10.5M current US$2014: 10.3M current US$2015: 4.9M current US$2016: 8.4M current US$2017: 4.2M current US$2018: 8.9M current US$2019: 7.5M current US$2020: 2.5M current US$2021: 2.0M current US$2022: 4.6M current US$2023: 1.9M current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

The most recent figure for merchandise exports by the reporting economy in Palau is 1.91 million current US$, measured in 2023. That is the lowest value across all 24 years on record.

The figure is down 58.9% on the previous year and down 81.7% over ten years.

Over the whole period, merchandise exports by the reporting economy in Palau peaked at 13.19 million current US$ in 2006 and was at its lowest, 1.91 million current US$, in 2023.

That places Palau 204th out of 204 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.96 million current US$ 2.78 million current US$ 13.19 million current US$ 10
2010s 7.92 million current US$ 4.15 million current US$ 11.16 million current US$ 10
2020s 2.77 million current US$ 1.91 million current US$ 4.65 million current US$ 4

Countries ranked near Palau

  1. 201 Tuvalu 8.23 million current US$ compare
  2. 202 Kiribati 6.01 million current US$ compare
  3. 203 French Polynesia 2.26 million current US$ compare

See the full ranking of 252 places →

More private sector data for Palau

All data for Palau →

Frequently asked questions

What is merchandise exports by the reporting economy in Palau?
Merchandise exports by the reporting economy in Palau was 1.91 million current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports by the reporting economy recorded in Palau?
The highest recorded value was 13.19 million current US$ in 2006.
What is the lowest merchandise exports by the reporting economy recorded in Palau?
The lowest recorded value was 1.91 million current US$ in 2023.
How does Palau rank for merchandise exports by the reporting economy?
Palau ranks 204th out of 204 countries with data for 2023.
Is merchandise exports by the reporting economy rising or falling in Palau?
Over the last ten years it is down 81.7%. The long-run trend across the full record is falling.
Where does this Palau data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Merchandise exports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 13,472 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.