Solomon Islands (SLB) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Solomon Islands-Malaysia Trade: In 2022, Solomon Islands exported $6.58M to Malaysia. The main products that Solomon Islands exported to Malaysia were Cocoa Beans ($5.72M), Sawn Wood ($553k), and Other Vegetable Residues ($114k). Over the past 5 years the exports of Solomon Islands to Malaysia have decreased at an annualized rate of 12.2%, from $12.6M in 2017 to $6.58M in 2022.

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

Malaysia-Solomon Islands Trade: In 2022, Malaysia exported $61.5M to Solomon Islands. The main products that Malaysia exported to Solomon Islands were Refined Petroleum ($37.7M), Large Construction Vehicles ($2.41M), and Soybean Oil ($2.13M). Over the past 5 years the exports of Malaysia to Solomon Islands have decreased at an annualized rate of 3.82%, from $74.7M in 2017 to $61.5M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Solomon Islands exported $6.58M to Malaysia. The main products exported from Solomon Islands to Malaysia were Cocoa Beans ($5.72M), Sawn Wood ($553k), and Other Vegetable Residues ($114k). During the last 5 years the exports of Solomon Islands to Malaysia have decreased at an annualized rate of 12.2%, from $12.6M in 2017 to $6.58M in 2022.

In 2017, Malaysia exported $61.5M to Solomon Islands. The main products exported from Malaysia to Solomon Islands were Refined Petroleum ($37.7M), Large Construction Vehicles ($2.41M), and Soybean Oil ($2.13M). During the last 5 years the exports of Malaysia to Solomon Islands have decreased at an annualized rate of 3.82%, from $74.7M in 2022 to $61.5M in 2017.

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

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

Latest Data

Trade between Solomon Islands () and Malaysia ()

Solomon Islands Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Solomon Islands
Top DestinationN/AN/A

Malaysia
Top DestinationN/AN/A

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

N/A

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

Comparative Advantage Solomon Islands - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Solomon Islands had a large net trade with Malaysia in the exports of Foodstuffs ($5.83M), Wood Products ($553k), and Vegetable Products ($107k).

During 2017, Malaysia had a large net trade with Solomon Islands in the exports of Mineral Products ($38M), Machines ($8.29M), and Foodstuffs ($4.99M).

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 Solomon Islands and Malaysia. This means that a dot/product with the flag of Solomon Islands indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over Solomon Islands.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Solomon Islands () and Malaysia ()

Solomon Islands Exports

Malaysia Exports

Market Competitiveness

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

Comparative Advantage Solomon Islands - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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