Merchandise exports to high-income economies in Palau
Palau: Merchandise exports to high-income economies was 68.5% in 2023. ▼ Falling
Merchandise exports to high-income economies in Palau, 2000–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Palau recorded 68.5% for merchandise exports to high-income economies in 2023. That is the lowest value across all 24 years on record.
Compared with earlier readings it is down 2.0% on the previous year and down 28.7% over ten years.
Over the whole period, merchandise exports to high-income economies in Palau peaked at 99.4% in 2002 and was at its lowest, 68.5%, in 2023.
That places Palau 93rd out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Merchandise exports to high-income economies in Palau, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2000 | 85.0% | — |
| 2001 | 97.9% | +15.2% |
| 2002 | 99.4% | +1.5% |
| 2003 | 96.3% | -3.1% |
| 2004 | 96.7% | +0.4% |
| 2005 | 91.8% | -5.1% |
| 2006 | 97.0% | +5.6% |
| 2007 | 85.7% | -11.7% |
| 2008 | 88.8% | +3.6% |
| 2009 | 92.2% | +3.9% |
| 2010 | 91.5% | -0.8% |
| 2011 | 96.9% | +5.9% |
| 2012 | 96.3% | -0.6% |
| 2013 | 96.1% | -0.1% |
| 2014 | 96.5% | +0.4% |
| 2015 | 82.6% | -14.4% |
| 2016 | 96.1% | +16.3% |
| 2017 | 93.5% | -2.8% |
| 2018 | 86.2% | -7.8% |
| 2019 | 86.2% | -0.0% |
| 2020 | 75.1% | -12.9% |
| 2021 | 86.9% | +15.8% |
| 2022 | 70.0% | -19.5% |
| 2023 | 68.5% | -2.0% |
Palau compared with similar countries
- Palau's 68.5% is below the median for high income countries, which is 80.7%, 85% of the median. (74 countries reporting)
- Palau's 68.5% is above the median for East Asia & Pacific, which is 59.1%, 1.2× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 93.1% | 85.0% | 99.4% | 10 |
| 2010s | 92.2% | 82.6% | 96.9% | 10 |
| 2020s | 75.1% | 68.5% | 86.9% | 4 |
Countries ranked near Palau
More private sector data for Palau
- Merchandise trade 47.8% (2025)
- Food imports 23.0% (2018)
- Manufactures imports 50.8% (2018)
- Merchandise imports 162.00 million current US$ (2025)
- Food exports 88.7% (2018)
- Manufactures exports 9.0% (2018)
- Merchandise exports 3.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 169.85 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0087 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in Palau?
- Merchandise exports to high-income economies in Palau was 68.5% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Palau?
- The highest recorded value was 99.4% in 2002.
- What is the lowest merchandise exports to high-income economies recorded in Palau?
- The lowest recorded value was 68.5% in 2023.
- How does Palau rank for merchandise exports to high-income economies?
- Palau ranks 93rd out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Palau?
- Over the last ten years it is down 28.7%. 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 to high-income economies (% of total merchandise exports). 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
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.