US trade (export - import) with Palau in 2013

Published or Updated: Feb 03, 2017

The report on US foreign trade in goods with Palau in 2013: exports, imports, balance, product types and groups, dynamics.

US Trade with Palau

In 2013, US trade with Palau totaled $18.4 million, up 6.97% ($1.2 million) from 2012.

US exports to Palau in 2013 totaled $18.2 million, up 8.85% ($1.5 million) from 2012.

US imports from Palau in 2013 were $0.2 million, down 60.19% ($0.3 million) from 2012.

US trade surplus with Palau in 2013 was $18.1 million, a 10.83% increase ($1.8 million) over 2012.

Palau was the US 191st largest trading partner in 2013 (up from 192nd in 2012), accounting for 0.0005% of US total trade (up from 0.0004% in 2012).

Palau was the US 186th largest export market in 2013 (down from 185th in 2012), accounting for 0.0012% of US total exports (up from 0.0011% in 2012).

Palau was the US 215th largest supplier in 2013 (down from 204th in 2012), accounting for 0.0000% of US total imports (just as in 2012).

US Exports to Palau

The major share of US exports to Palau in 2013 (and in 2012) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 50.34% of US total exports to Palau (54.03% in 2012);
  • Machinery, equipment and vehicles (HS codes 84-90) - 18.77% of US total exports to Palau (18.20% in 2012);
  • Wood and wood products (HS codes 44-49) - 7.75% of US total exports to Palau (5.63% in 2012);
  • Chemical products (HS codes 28-40) - 1.88% of US total exports to Palau (2.69% in 2012);
  • Metals and products from them (HS codes 72-83) - 1.63% of US total exports to Palau (3.32% in 2012).

The largest gains in US exports to Palau in 2013 over 2012 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $551.8 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $379.0 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $292.8 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $236.4 thousand;
  • Commodities not specified according to kind (HS code 99) - an increase of $220.1 thousand;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $203.1 thousand;
  • Miscellaneous manufactured articles (HS code 96) - an increase of $193.8 thousand;
  • Ships, boats and floating structures (HS code 89) - an increase of $178.5 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $169.9 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $163.6 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $162.6 thousand;
  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - an increase of $139.7 thousand;
  • Aluminum and articles thereof (HS code 76) - an increase of $113.7 thousand;
  • Edible vegetables and certain roots and tubers (HS code 07) - an increase of $111.7 thousand;
  • Other vegetable textile fibers; paper yarn and woven fabric of paper yarn (HS code 53) - an increase of $70.0 thousand.

The largest declines in US exports to Palau in 2013 over 2012 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $798.4 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $420.5 thousand;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $231.4 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $184.7 thousand;
  • Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster (HS code 34) - a decrease of $110.8 thousand;
  • Meat and edible meat offal (HS code 02) - a decrease of $98.9 thousand;
  • Cereals (HS code 10) - a decrease of $61.7 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $56.1 thousand.
US exports to Palau in 2013 by product groups
HS
code
Name of product group Value
of exports
in 2013
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2012
(USD thousand)
Change
in 2013
over 2012
(%)
02 Meat and edible meat offal 1,442.1 7.91 1,541.0-6.42
03 Fish and crustaceans, molluscs and other aquatic invertebrates 179.1 0.98 145.323.24
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 340.5 1.87 324.05.09
07 Edible vegetables and certain roots and tubers 526.3 2.89 414.626.95
08 Edible fruit and nuts; peel of citrus fruit or melons 2.8 0.02 0.0
09 Coffee, tea, maté and spices 0.0 0.00 13.1-100.00
10 Cereals 858.4 4.71 920.1-6.71
11 Products of the milling industry; malt; starches; inulin; wheat gluten 116.0 0.64 139.1-16.59
13 Lac; gums, resins and other vegetable saps and extracts 4.0 0.02 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 207.5 1.14 212.8-2.50
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 788.6 4.32 648.821.53
18 Cocoa and cocoa preparations 163.0 0.89 134.621.16
19 Preparations of cereals, flour, starch or milk; bakers’ wares 548.2 3.01 385.642.17
20 Preparations of vegetables, fruit, nuts or other parts of plants 146.7 0.80 121.820.43
21 Miscellaneous edible preparations 2,092.3 11.47 2,323.7-9.96
22 Beverages, spirits and vinegar 1,714.7 9.40 1,701.40.78
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 26.7-100.00
24 Tobacco and manufactured tobacco substitutes 51.3 0.28 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 17.8 0.10 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 37.4 0.21 54.5-31.30
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 215.6 1.18 12.51,619.50
30 Pharmaceutical products 25.7 0.14 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 56.1-100.00
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 53.3 0.29 164.1-67.51
37 Photographic or cinematographic goods 13.2 0.07 0.0
38 Miscellaneous chemical products 9.2 0.05 3.0213.31
39 Plastics and articles thereof 17.1 0.09 201.8-91.51
40 Rubber and articles thereof 9.0 0.05 13.4-33.24
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 9.7 0.05 7.628.01
44 Wood and articles of wood; wood charcoal 929.8 5.10 759.922.36
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 8.9 0.05 27.8-68.03
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 87.9 0.48 62.241.27
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 386.2 2.12 93.4313.66
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 70.0 0.38 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 7.0-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 4.2 0.02 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 6.4 0.04 20.7-68.92
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 26.7 0.15 11.5131.92
69 Ceramic products 2.9 0.02 0.0
70 Glass and glassware 0.0 0.00 10.7-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 21.9 0.12 0.0
72 Iron and steel 27.4 0.15 24.014.25
73 Articles of iron or steel 70.7 0.39 491.2-85.61
74 Copper and articles thereof 26.4 0.14 0.0
76 Aluminum and articles thereof 150.8 0.83 37.1306.04
83 Miscellaneous articles of base metal 22.3 0.12 3.5530.36
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,546.5 8.48 994.755.48
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 383.2 2.10 345.910.77
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 3.9 0.02 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 487.2 2.67 250.994.22
88 Aircraft, spacecraft, and parts thereof 82.9 0.45 881.3-90.59
89 Ships, boats and floating structures 178.5 0.98 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 740.4 4.06 576.828.36
91 Clocks and watches and parts thereof 52.3 0.29 0.0
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 6.0 0.03 59.6-89.86
95 Toys, games and sports requisites; parts and accessories thereof 379.0 2.08 0.0
96 Miscellaneous manufactured articles 328.3 1.80 134.6144.00
99 Commodities not specified according to kind 2,617.2 14.35 2,397.19.18

US Imports from Palau

The major share of US imports from Palau in 2013 (and in 2012) was accounted for the following product types:

  • Precious metals and stones (HS code 71) - 29.74% of US total imports from Palau (75.16% in 2012);
  • Machinery, equipment and vehicles (HS codes 84-90) - 24.82% of US total imports from Palau (0.00% in 2012);
  • Food products and agricultural raw materials (HS codes 01-24) - 24.81% of US total imports from Palau (6.27% in 2012);
  • Wood and wood products (HS codes 44-49) - 1.94% of US total imports from Palau (0.00% in 2012);
  • Mineral products (HS codes 25-27) - 1.76% of US total imports from Palau (0.00% in 2012).

The largest gains in US imports from Palau in 2013 over 2012 were recorded for the following product groups:

  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $46.3 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $12.8 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $12.3 thousand;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - an increase of $4.1 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $3.6 thousand;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - an increase of $3.3 thousand.

The largest declines in US imports from Palau in 2013 over the 2012 were recorded for the following product groups:

  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $296.8 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $65.3 thousand;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $1.6 thousand;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - a decrease of $0.8 thousand.
US imports from Palau in 2013 by product groups
HS
code
Name of product group Value
of imports
in 2013
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2012
USD thousand)
Change
in 2013
over 2012
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 42.2 22.62 29.443.52
05 Products of animal origin, not elsewhere specified or included 4.1 2.19 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 3.3 1.76 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 3.6 1.94 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 1.6-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 55.5 29.74 352.2-84.25
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 46.3 24.82 0.0
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 0.0 0.00 0.8-100.00
97 Works of art, collectors’ pieces and antiques 12.3 6.59 0.0
99 Commodities not specified according to kind 19.3 10.35 84.6-77.19
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce