The analysis summarizes goods exports, goods imports, service exports, service imports and the corresponding trade balances.
Goods exports from Palau were valued at $1.7 million in 2023, while service exports totaled $61.9 million. Goods represented 2.7% of total exports and services accounted for 97.3%. Goods imports reached $164.2 million, compared with service imports of $43.0 million. The goods trade balance was -$162.4 million, and the services trade balance was $18.9 million.
Palau Goods and Services Trade by Year
Data source: World Bank, World Development Indicators — Goods exports, BoP, current US$ (BX.GSR.MRCH.CD); Goods imports, BoP, current US$ (BM.GSR.MRCH.CD); Service exports, BoP, current US$ (BX.GSR.NFSV.CD); Service imports, BoP, current US$ (BM.GSR.NFSV.CD); Net trade in goods and services, BoP, current US$ (BN.GSR.GNFS.CD).
License: CC BY-4.0. Retrieved 2026-07-12.
About the Indicators
Goods exports, balance of payments, current US$. The value of merchandise (physical goods) sold abroad, as recorded in the balance of payments.
Goods imports, balance of payments, current US$. The value of merchandise (physical goods) purchased from abroad, as recorded in the balance of payments.
Service exports, balance of payments, current US$. The value of services sold abroad (transport, travel, financial, IT and other services), as recorded in the balance of payments.
Service imports, balance of payments, current US$. The value of services purchased from abroad, as recorded in the balance of payments.
Net trade in goods and services, balance of payments, current US$. Exports minus imports of goods and services, as recorded in the balance of payments.