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Pricing

2022
Flag → Flag
Exports $1.8MRnk 187 / 222
2022
Flag → Flag
Top Product $1.26MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $8.11kRnk 42 / 73
2022
Flag → Flag
Top Product $4.8kBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 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 $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$2,203CURRENT US$
Rnk 144 / 186
2012-2022
Flag
GDP PC GROWTH5.54%CURRENT US$
Rnk 128 / 186

About

Belgium-Solomon Islands Trade: In 2022, Belgium exported $1.8M to Solomon Islands. The main products that Belgium exported to Solomon Islands were Vaccines, blood, antisera, toxins and cultures ($1.26M), Malt ($398k), and Computers ($46.1k). Over the past 5 years the exports of Belgium to Solomon Islands have increased at an annualized rate of 2.03%, from $1.63M in 2017 to $1.8M in 2022.

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

Solomon Islands-Belgium Trade: In 2022, Solomon Islands exported $8.11k to Belgium. The main products that Solomon Islands exported to Belgium were Broadcasting Equipment ($4.8k), Trunks and Cases ($2.49k), and Knit Sweaters ($286). Over the past 5 years the exports of Solomon Islands to Belgium have decreased at an annualized rate of 18.7%,  from $22.9k in 2017 to $8.11k in 2022.

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

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, Solomon Islands ranked 171 in total exports ($508M), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Belgium exported €4.63k and imported €564k from Solomon Islands, resulting in a negative trade balance of €559k. Between July 2023 and July 2024 the exports of Belgium have decreased by €-51.7k (-91.8%) from €56.3k to €4.63k, while imports increased by €562k (38.2k%) from €1.47k to €564k.

Trade In July 2024, the top exports of Belgium to Solomon Islands were Products of the milling industry (€35.6k). In July 2024 the top imports of Belgium from Solomon Islands were .

Growth In July 2024, the decrease in Belgium's year-by-year exports to Solomon Islands was explained primarily by an decrease in product exports in Products of the milling industry (€-16.6k or -31.9%). In July 2024, the increase in Belgium's year-by-year imports  from Solomon Islands was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€-51.7k(-91.8%)
IMPORT GROWTH (July 2023 - July 2024)€562k(38.2k%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Solomon Islands and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Solomon Islands and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $1.8M to Solomon Islands. The main products exported from Belgium to Solomon Islands were Vaccines, blood, antisera, toxins and cultures ($1.26M), Malt ($398k), and Computers ($46.1k). During the last 5 years the exports of Belgium to Solomon Islands have increased at an annualized rate of 2.03%, from $1.63M in 2017 to $1.8M in 2022.

In 2017, Solomon Islands exported $8.11k to Belgium. The main products exported from Solomon Islands to Belgium were Broadcasting Equipment ($4.8k), Trunks and Cases ($2.49k), and Knit Sweaters ($286). During the last 5 years the exports of Solomon Islands to Belgium have decreased at an annualized rate of 18.7%, from $22.9k in 2022 to $8.11k in 2017.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Solomon Islands
Top DestinationChina$260M

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

In 2022, countries that imported more from Belgium than Solomon Islands included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

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

Comparative Advantage Belgium - Solomon Islands

Flow
Scale

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

During 2022, Belgium had a large net trade with Solomon Islands in the exports of Chemical Products ($1.29M), Vegetable Products ($398k), and Machines ($88.5k).

During 2017, Solomon Islands had a large net trade with Belgium in the exports of Machines ($4.83k), Animal Hides ($2.49k), and Textiles ($286).

Economic Complexity

Competitive Landscape

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

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

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