2022
Flag  
GDP
$1.6BCURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP GROWTH
34.6%CURRENT US$
Rnk 91 / 186
2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC 
$2,203CURRENT US$
Rnk 144 / 186
2012-2022
Flag
GDP PC GROWTH
5.54%CURRENT US$
Rnk 128 / 186
2022
Flag
GDP PC
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

Solomon Islands-Australia Trade: In 2022, Solomon Islands exported $23.2M to Australia. The main products that Solomon Islands exported to Australia were Gold ($16.4M), Sawn Wood ($2.58M), and Oil Seed Flower ($764k). Over the past 5 years the exports of Solomon Islands to Australia have increased at an annualized rate of 10.8%, from $13.9M in 2017 to $23.2M in 2022.

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

Australia-Solomon Islands Trade: In 2022, Australia exported $53.5M to Solomon Islands. The main products that Australia exported to Solomon Islands were Poultry Meat ($6.96M), Wheat ($4.81M), and Used Clothing ($1.84M). Over the past 5 years the exports of Australia to Solomon Islands have decreased at an annualized rate of 12.4%,  from $104M in 2017 to $53.5M in 2022.

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

Comparison In 2022,  Solomon Islands ranked 171 in total exports ($508M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Solomon Islands exported $23.2M to Australia. The main products exported from Solomon Islands to Australia were Gold ($16.4M), Sawn Wood ($2.58M), and Oil Seed Flower ($764k). During the last 5 years the exports of Solomon Islands to Australia have increased at an annualized rate of 10.8%, from $13.9M in 2017 to $23.2M in 2022.

In 2017, Australia exported $53.5M to Solomon Islands. The main products exported from Australia to Solomon Islands were Poultry Meat ($6.96M), Wheat ($4.81M), and Used Clothing ($1.84M). During the last 5 years the exports of Australia to Solomon Islands have decreased at an annualized rate of 12.4%, from $104M in 2022 to $53.5M in 2017.

Exports from Solomon Islands (Flag) to Australia (Flag) (2022)

Exports from Australia (Flag) to Solomon Islands (Flag) (2022)

Latest Data

Trade between Solomon Islands (Flag) and Australia (Flag)

Solomon Islands Exports

Australia Exports

Market Competitiveness

Color
Solomon Islands
Top Destination
N/AN/A
Australia
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Australia (Flag) and Solomon Islands (Flag) (2022)

Comparative Advantage Solomon Islands - Australia

Flow
Scale

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

During 2022, Solomon Islands had a large net trade with Australia in the exports of Precious Metals ($16.4M), Wood Products ($2.75M), and Foodstuffs ($1.95M).

During 2017, Australia had a large net trade with Solomon Islands in the exports of Machines ($13.8M), Animal Products ($9.89M), and Vegetable Products ($6.15M).

Economic Complexity

Competitive Landscape

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

Product Space of Solomon Islands (Flag) and Australia (Flag) (2022)

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