Merchandise exports to low- and middle-income economies within region in Palau
Palau: Merchandise exports to low- and middle-income economies within region was 2.5% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies within region in Palau, 2000–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Palau recorded 2.5% for merchandise exports to low- and middle-income economies within region in 2023.
Compared with earlier readings it is up 2.7% on the previous year and up 94.6% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies within region in Palau peaked at 10.6% in 2007 and was at its lowest, 0.1%, in 2004.
Palau ranks 173rd of 203 countries on this measure, in the bottom 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 within region in Palau, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2000 | 0.2% | — |
| 2001 | 0.1% | -38.0% |
| 2002 | 0.2% | +29.6% |
| 2003 | 0.1% | -20.8% |
| 2004 | 0.1% | -18.5% |
| 2005 | 7.4% | +6929.7% |
| 2006 | 1.8% | -75.7% |
| 2007 | 10.6% | +486.0% |
| 2008 | 1.8% | -83.2% |
| 2009 | 3.8% | +112.7% |
| 2010 | 4.3% | +14.7% |
| 2011 | 0.8% | -80.7% |
| 2012 | 1.6% | +92.1% |
| 2013 | 1.3% | -18.4% |
| 2014 | 1.2% | -6.2% |
| 2015 | 1.5% | +20.9% |
| 2016 | 1.5% | +2.4% |
| 2017 | 3.3% | +116.8% |
| 2018 | 3.7% | +12.1% |
| 2019 | 3.9% | +4.3% |
| 2020 | 3.6% | -6.8% |
| 2021 | 3.4% | -5.9% |
| 2022 | 2.5% | -26.6% |
| 2023 | 2.5% | +2.7% |
Palau compared with similar countries
- Palau's 2.5% is below the median for high income countries, which is 5.7%, 45% of the median. (71 countries reporting)
- Palau's 2.5% is below the median for East Asia & Pacific, which is 35.9%, 7% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies within 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 |
|---|---|---|---|
| 2005 | +6929.7% | 0.1% | 7.4% |
| 2007 | +486.0% | 1.8% | 10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.6% | 0.1% | 10.6% | 10 |
| 2010s | 2.3% | 0.8% | 4.3% | 10 |
| 2020s | 3.0% | 2.5% | 3.6% | 4 |
Countries ranked near Palau
- 170 Greenland 2.7% compare
- 171 Guyana 2.7% compare
- 172 United Kingdom 2.7% compare
- 174 Luxembourg 2.5% compare
- 175 Gambia 2.5% compare
- 176 Seychelles 2.4% compare
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 within region in Palau?
- Merchandise exports to low- and middle-income economies within region in Palau was 2.5% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies within region recorded in Palau?
- The highest recorded value was 10.6% in 2007.
- What is the lowest merchandise exports to low- and middle-income economies within region recorded in Palau?
- The lowest recorded value was 0.1% in 2004.
- How does Palau rank for merchandise exports to low- and middle-income economies within region?
- Palau ranks 173rd out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies within region rising or falling in Palau?
- Over the last ten years it is up 94.6%. 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 within 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 within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.