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Palau: Merchandise imports (current US$)

In , Palau's Merchandise imports (current US$) was 138.00 million.

That's down 29.6% from 2023, the highest value since .

The global average for this indicator in 2024 was $119.47 billion . Palau ranks #202 globally out of 204 reporting countries. Within East Asia & Pacific, it ranks #34 of 36.

Source: World Bank Open Data (TM.VAL.MRCH.CD.WT) • Data as of 2024

Trend (2005–2024)

Palau Merchandise imports (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
207.00M
Trough
90.00M
1-year change
-29.6%
5-year change
-28.5%
-6.5% / yr
10-year change
-16.4%
-1.8% / yr

Historical Data — Last 10 Years

Year Merchandise imports (current US$)
138.000M
196.000M
207.000M
156.000M
149.000M
193.000M
176.000M
182.000M
154.000M
150.000M

About Merchandise imports (current US$)

Merchandise imports includes goods whose economic ownership is changed from a non-resident to a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Indicator code: TM.VAL.MRCH.CD.WTCategory: Trade & Finance

Frequently asked questions

What was Palau's Merchandise imports (current US$) in 2024?
In 2024, Palau's Merchandise imports (current US$) was 138.00 million, according to World Bank Open Data.
Is Palau's Merchandise imports (current US$) rising or falling?
Palau's Merchandise imports (current US$) fell 29.6% from 2023 to 2024.
How does Palau rank globally on Merchandise imports (current US$)?
In 2024, Palau ranked #202 out of 204 countries reporting Merchandise imports (current US$).
How does Palau's Merchandise imports (current US$) compare to the world average?
The global average for Merchandise imports (current US$) in 2024 was $119.47 billion, so Palau is below the world average. Within East Asia & Pacific, it ranks #34 of 36.
What is Merchandise imports (current US$) and how is it measured?
Merchandise imports includes goods whose economic ownership is changed from a non-resident to a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
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Source: World Bank Open Data (TM.VAL.MRCH.CD.WT), CC BY 4.0.