Finland (FIN) and Solomon Islands (SLB) Trade | The Observatory of Economic Complexity

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Finland-Solomon Islands Trade: In 2022, Finland exported $6.06k to Solomon Islands. The main products that Finland exported to Solomon Islands were Excavation Machinery ($3.19k), Air Pumps ($2.53k), and Glues ($323). Over the past 5 years the exports of Finland to Solomon Islands have decreased at an annualized rate of 36.3%, from $57.8k in 2017 to $6.06k in 2022.

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

Solomon Islands-Finland Trade: In 2022, Solomon Islands exported $29 to Finland. The main products that Solomon Islands exported to Finland were Blank Audio Media ($29). Over the past 5 years the exports of Solomon Islands to Finland have decreased at an annualized rate of 86%, from $538k in 2017 to $29 in 2022.

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

Comparison In 2022, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Finland exported $6.06k to Solomon Islands. The main products exported from Finland to Solomon Islands were Excavation Machinery ($3.19k), Air Pumps ($2.53k), and Glues ($323). During the last 5 years the exports of Finland to Solomon Islands have decreased at an annualized rate of 36.3%, from $57.8k in 2017 to $6.06k in 2022.

In 2017, Solomon Islands exported $29 to Finland. The main products exported from Solomon Islands to Finland were Blank Audio Media ($29). During the last 5 years the exports of Solomon Islands to Finland have decreased at an annualized rate of 86%, from $538k in 2022 to $29 in 2017.

Exports from Finland () to Solomon Islands () (2022)

Exports from Solomon Islands () to Finland () (2022)

Latest Data

Trade between Finland () and Solomon Islands ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Solomon Islands
Top DestinationChina$260M

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

In 2022, countries that imported more from Finland than Solomon Islands included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

In 2022, countries that imported more from Solomon Islands than Finland included Fiji ($1.16M).

Difference in imports from Solomon Islands () and Finland () (2022)

Comparative Advantage Finland - Solomon Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Finland had a large net trade with Solomon Islands in the exports of Machines ($5.74k) and Chemical Products ($323).

During 2017, Solomon Islands had a large net trade with Finland in the exports of Machines ($29).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Finland and Solomon Islands. This means that a dot/product with the flag of Finland 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 Finland.

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Historical Data

Bilateral Trade by Products

Exports from Finland () to Solomon Islands () (2022)

Exports from Solomon Islands () to Finland () (2022)

Latest Data

Trade between Finland () and Solomon Islands ()

Finland Exports

Market Competitiveness

Difference in imports from Solomon Islands () and Finland () (2022)

Comparative Advantage Finland - Solomon Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Finland () and Solomon Islands () (2022)

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