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2022
Flag → Flag
Exports $64.5kRnk 206 / 217
2022
Flag → Flag
Top Product $23.2kRubber Belting
2022
Flag → Flag
Exports $3.36kRnk 50 / 73
2022
Flag → Flag
Top Product $3.36kPaintings
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag  
GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP$1.6BCURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP GROWTH34.6%CURRENT US$
Rnk 91 / 186
2022
Flag
GDP PC $52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC$2,203CURRENT US$
Rnk 144 / 186
2012-2022
Flag
GDP PC GROWTH5.54%CURRENT US$
Rnk 128 / 186

About

Austria-Solomon Islands Trade: In 2022, Austria exported $64.5k to Solomon Islands. The main products that Austria exported to Solomon Islands were Rubber Belting ($23.2k), Excavation Machinery ($9.75k), and Transmissions ($7.9k). Over the past 5 years the exports of Austria to Solomon Islands have increased at an annualized rate of 2.14%, from $58k in 2017 to $64.5k in 2022.

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

Solomon Islands-Austria Trade: In 2022, Solomon Islands exported $3.36k to Austria. The main products that Solomon Islands exported to Austria were Paintings ($3.36k). Over the past 5 years the exports of Solomon Islands to Austria have increased at an annualized rate of 13.8%,  from $221 in 2017 to $3.36k in 2022.

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

Comparison In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5),  and 32 in total exports ($209B). 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, Austria exported $64.5k to Solomon Islands. The main products exported from Austria to Solomon Islands were Rubber Belting ($23.2k), Excavation Machinery ($9.75k), and Transmissions ($7.9k). During the last 5 years the exports of Austria to Solomon Islands have increased at an annualized rate of 2.14%, from $58k in 2017 to $64.5k in 2022.

In 2017, Solomon Islands exported $3.36k to Austria. The main products exported from Solomon Islands to Austria were Paintings ($3.36k). During the last 5 years the exports of Solomon Islands to Austria have increased at an annualized rate of 13.8%, from $221 in 2022 to $3.36k in 2017.

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

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

Latest Data

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

Austria Exports

Solomon Islands Exports

Date

Market Competitiveness

Color
Austria
Top DestinationGermany$57.7B
Solomon Islands
Top DestinationChina$260M

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

In 2022, countries that imported more from Austria than Solomon Islands included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

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

Comparative Advantage Austria - Solomon Islands

Flow
Scale

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

During 2022, Austria had a large net trade with Solomon Islands in the exports of Machines ($26.8k), Plastics and Rubbers ($26.8k), and Miscellaneous ($7.01k).

During 2017, Solomon Islands had a large net trade with Austria in the exports of Arts and Antiques ($3.36k).

Economic Complexity

Competitive Landscape

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

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

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