# Palau (PW)

**Capital:** Ngerulmud  
**Currency:** US Dollar (USD) (USD)  
**Population:** 17'614  
**Area:** 459 km²

Palau (ISO code PW) is an island state in the western Pacific in the Micronesia region and a presidential republic. The climate is tropical-maritime with high humidity and a rainy season from July to October. The economy is dominated by tourism, fisheries and services, and the country is heavily import-dependent. Main imports are food, fuel, consumer goods and construction materials, while exports focus on fish products. Foreign-trade logistics run through the Malakal Commercial Port near Koror and the Roman Tmetuchl International Airport (ROR), connected by regional lines to Guam and Asia. Since 1 January 2023 Palau levies a Palau Goods and Services Tax (PGST) of 10 percent, plus a 3 percent import tax on the FOB value of most commercial goods. Customs clearance is handled by the Bureau of Customs and Border Protection via ASYCUDA World. The currency is the US dollar. Palau has maintained a Compact of Free Association with the United States since 1994.

**Top Import Partners:** US, JP, CN, PH, KR

**Top Export Partners:** JP, CN, KR, US

**Top Import Goods:** Nahrungsmittel, Treibstoffe, Konsumgüter, Baumaterialien, Fahrzeuge

**Top Export Goods:** Fisch, Dienstleistungen

**Key Airports:**
- [Roman Tmetuchl International Airport (ROR)](https://www.freight-academy.com/en/information/airports/babelthuap-airport-ror)
- [Angaur](https://www.freight-academy.com/en/information/airports/angaur-airport-1195)
- [Peleliu Airport](https://www.freight-academy.com/en/information/airports/peleliu-airport-25788)

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*Freight Academy — Country Profile: [https://www.freight-academy.com/en/information/land/pw](https://www.freight-academy.com/en/information/land/pw)*

*Markdown mirror: [https://www.freight-academy.com/api/md/country/en/pw](https://www.freight-academy.com/api/md/country/en/pw)*