Merchandise exports to low- and middle-income economies outside region in Palau
Palau: Merchandise exports to low- and middle-income economies outside region was 28.9% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies outside region in Palau, 2000–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies outside region in Palau is 28.9%, measured in 2023. That is the highest value across all 24 years on record.
That represents a change of up 4.9% on the previous year and up 1,036.4% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies outside region in Palau peaked at 28.9% in 2023 and was at its lowest, 0.5%, in 2002.
That places Palau 43rd out of 206 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies outside region in Palau, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2000 | 14.8% | — |
| 2001 | 2.0% | -86.6% |
| 2002 | 0.5% | -77.1% |
| 2003 | 3.6% | +689.0% |
| 2004 | 3.2% | -11.4% |
| 2005 | 0.8% | -75.8% |
| 2006 | 1.2% | +60.6% |
| 2007 | 3.8% | +206.0% |
| 2008 | 9.5% | +150.9% |
| 2009 | 4.0% | -57.4% |
| 2010 | 4.2% | +4.3% |
| 2011 | 2.3% | -45.8% |
| 2012 | 2.1% | -7.1% |
| 2013 | 2.5% | +19.9% |
| 2014 | 2.2% | -12.3% |
| 2015 | 15.9% | +612.7% |
| 2016 | 2.4% | -85.2% |
| 2017 | 3.2% | +37.7% |
| 2018 | 10.1% | +211.8% |
| 2019 | 10.0% | -1.4% |
| 2020 | 21.3% | +113.6% |
| 2021 | 9.7% | -54.5% |
| 2022 | 27.6% | +184.1% |
| 2023 | 28.9% | +4.9% |
Palau compared with similar countries
- Palau's 28.9% is above the median for high income countries, which is 9.2%, 3.1× the median. (74 countries reporting)
- Palau's 28.9% is above the median for East Asia & Pacific, which is 4.1%, 7.0× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies outside region in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +689.0% | 0.5% | 3.6% |
| 2015 | +612.7% | 2.2% | 15.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.3% | 0.5% | 14.8% | 10 |
| 2010s | 5.5% | 2.1% | 15.9% | 10 |
| 2020s | 21.9% | 9.7% | 28.9% | 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 low- and middle-income economies outside region in Palau?
- Merchandise exports to low- and middle-income economies outside region in Palau was 28.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies outside region recorded in Palau?
- The highest recorded value was 28.9% in 2023.
- What is the lowest merchandise exports to low- and middle-income economies outside region recorded in Palau?
- The lowest recorded value was 0.5% in 2002.
- How does Palau rank for merchandise exports to low- and middle-income economies outside region?
- Palau ranks 43rd out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies outside region rising or falling in Palau?
- Over the last ten years it is up 1,036.4%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies outside region (% 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 low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.