Ores and metals exports (% of merchandise exports) in Palau in 2018 — 2.11%. Ranked 100 in the world out of 173. Since 2012, the indicator has fallen by 0.56 pp.
2012–2018 · % of merchandise exports
How the value compares with the world and the groups this territory belongs to: Palau
| Year | % | Change, pp |
|---|---|---|
| 2018 | 2.11 | −1.33 pp |
| 2017 | 3.44 | +1.79 pp |
| 2016 | 1.66 | −0.25 pp |
| 2015 | 1.91 | −0.28 pp |
| 2014 | 2.19 | — |
| 2012 | 2.67 | — |
The same indicator for neighboring countries — with links to their pages
Palau
2.11
Kiribati
0.94
The share of ores, concentrates, non-ferrous and ferrous metals in merchandise exports. This is the second measure of commodity dependence after fuel, and the difference between them is meaningful: fuel is burned while metal stays in circulation, so a metallurgical specialization is more robust than an oil one to the shift to renewable energy — and demand for copper, lithium and nickel is exactly what that shift raises.
Important: Ores and metals together, with no split between raw material and processing: a country exporting concentrate and a country exporting rolled steel look the same by this indicator.
Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.