2022
Flag  
GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP
$1.6BCURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP GROWTH
34.6%CURRENT US$
Rnk 91 / 186
2022
Flag
GDP PC 
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC
$2,203CURRENT US$
Rnk 144 / 186
2012-2022
Flag
GDP PC GROWTH
5.54%CURRENT US$
Rnk 128 / 186

About

Sri Lanka-Solomon Islands Trade: In 2022, Sri Lanka exported $222k to Solomon Islands. The main products that Sri Lanka exported to Solomon Islands were Documents of title (bonds etc) and unused stamps ($144k), Baked Goods ($33k), and Sauces and Seasonings ($16k). Over the past 5 years the exports of Sri Lanka to Solomon Islands have decreased at an annualized rate of 18.4%, from $612k in 2017 to $222k in 2022.

In 2022, Sri Lanka did not export any services to Solomon Islands.

Solomon Islands-Sri Lanka Trade: In 2022, Solomon Islands exported $56.5k to Sri Lanka. The main products that Solomon Islands exported to Sri Lanka were Rolled Tobacco ($31.1k) and Plastic Lids ($25.4k). Over the past 5 years the exports of Solomon Islands to Sri Lanka have increased at an annualized rate of 7.24%,  from $30.1k in 2017 to $56.5k in 2022.

In 2022, Solomon Islands did not export any services to Sri Lanka.

Comparison In 2022,  Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35),  and 89 in total exports ($14.8B). That same year, Solomon Islands ranked 171 in total exports ($508M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $222k to Solomon Islands. The main products exported from Sri Lanka to Solomon Islands were Documents of title (bonds etc) and unused stamps ($144k), Baked Goods ($33k), and Sauces and Seasonings ($16k). During the last 5 years the exports of Sri Lanka to Solomon Islands have decreased at an annualized rate of 18.4%, from $612k in 2017 to $222k in 2022.

In 2017, Solomon Islands exported $56.5k to Sri Lanka. The main products exported from Solomon Islands to Sri Lanka were Rolled Tobacco ($31.1k) and Plastic Lids ($25.4k). During the last 5 years the exports of Solomon Islands to Sri Lanka have increased at an annualized rate of 7.24%, from $30.1k in 2022 to $56.5k in 2017.

Exports from Sri Lanka (Flag) to Solomon Islands (Flag) (2022)

Exports from Solomon Islands (Flag) to Sri Lanka (Flag) (2022)

Latest Data

Trade between Sri Lanka (Flag) and Solomon Islands (Flag)

Solomon Islands Exports

Date

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Solomon Islands
Top Destination
China$260M

This map shows whether countries import more from Sri Lanka or Solomon Islands. Each country is colored based on the difference in imports they receive from Sri Lanka and Solomon Islands or the difference in the growth in imports.

In 2022, countries that imported more from Sri Lanka than Solomon Islands included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

In 2022, no countries were registered that imported more from Solomon Islands than from Sri Lanka.

Difference in imports from Solomon Islands (Flag) and Sri Lanka (Flag) (2022)

Comparative Advantage Sri Lanka - Solomon Islands

Flow
Scale

This chart compares trade between Sri Lanka and Solomon Islands by product, considering products traded by both, Sri Lanka and Solomon Islands.

During 2022, Sri Lanka had a large net trade with Solomon Islands in the exports of Paper Goods ($144k), Foodstuffs ($53.7k), and Chemical Products ($14.8k).

During 2017, Solomon Islands had a large net trade with Sri Lanka in the exports of Foodstuffs ($31.1k) and Plastics and Rubbers ($25.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Solomon Islands+N/AN/A
Top Product Potential Solomon Islands Sri Lanka+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Sri Lanka and Solomon Islands. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Solomon Islands. Similarly, a dot/product with the flag of Solomon Islands indicates it has a comparative advantage over Sri Lanka.

Product Space of Sri Lanka (Flag) and Solomon Islands (Flag) (2022)

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