Palau
On this page you will find beneficial information regarding foreign direct investment in / trading with Palau. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Presidential Republic in Free Association with the United States
Population: 18,024 (2021)
GDP: 217.8 million USD (2021)
Corporate Tax Rate: 0%
Personal Income Tax Rate: 12%
Major Exports: Computers ($1.97M), Scrap Vessels ($804k), Recreational Boats ($623k), Scrap Iron ($495k), and Live Fish ($372k), exporting mostly to Japan ($1.82M), Chinese Taipei ($840k), Turkey ($821k), Italy ($623k), and United States ($480k).
Major Imports: Refined Petroleum ($14.5M), Boat Propellers ($4.61M), Iron Structures ($4.38M), Cars ($3.35M), and Special Purpose Ships ($2.95M), importing mostly from China ($36.6M), United States ($22.8M), South Korea ($13.1M), Japan ($8.98M), and Chinese Taipei ($6.77M).
Investment Agency: Foreign Investment Board, Republic of Palau
Website: https://www.palaugov.pw/fib/
