Trade balance in Palau in 2024 — -129,933,739 US$. Ranked 75 in the world out of 171. Since 2005, the indicator has fallen by 105.8%.
2005–2024 · US$
How the value compares with the world and the groups this territory belongs to: Palau
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | -130M | +20.5M | +13.63% |
| 2023 | -150M | +29.66M | +16.47% |
| 2022 | -180M | −23.41M | −14.94% |
| 2021 | -157M | −7.04M | −4.7% |
| 2020 | -150M | −40.11M | −36.62% |
| 2019 | -110M | −16.67M | −17.95% |
| 2018 | -92.87M | −1.83M | −2.01% |
| 2017 | -91.05M | −23.25M | −34.29% |
| 2016 | -67.8M | −8.53M | −14.39% |
| 2015 | -59.27M | +27.07M | +31.36% |
| 2014 | -86.34M | −14.1M | −19.51% |
| 2013 | -72.25M | −2.55M | −3.66% |
| 2012 | -69.7M | −4.46M | −6.83% |
| 2011 | -65.24M | −9.24M | −16.51% |
| 2010 | -56M | −2.34M | −4.36% |
| 2009 | -53.66M | +14.33M | +21.08% |
| 2008 | -67.99M | −8.57M | −14.42% |
| 2007 | -59.42M | +9.12M | +13.31% |
| 2006 | -68.55M | −5.41M | −8.57% |
| 2005 | -63.13M | — | — |
The same indicator for neighboring countries — with links to their pages
The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.
Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The value of goods shipped out and of services provided to non-residents, in US dollars.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.
Trade Trade opennessExports plus imports as a percent of GDP — total foreign trade turnover.
