2023
Flag  
GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP
$1.63BCURRENT US$
Rnk 179 / 195
2013-2023
Flag
GDP GROWTH
27%CURRENT US$
Rnk 121 / 195
2023
Flag
GDP PC 
$33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC
$2,042CURRENT US$
Rnk 158 / 196
2013-2023
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GDP PC GROWTH
-5.54%CURRENT US$
Rnk 160 / 195

About

Spain-Solomon Islands Trade: In 2023, Spain exported $146k to Solomon Islands. The main products that Spain exported to Solomon Islands were Sports Equipment ($49.4k), Wine ($20.4k), and Chemical Analysis Instruments ($19.6k). Over the past 5 years the exports of Spain to Solomon Islands have decreased at an annualized rate of 30.4%, from $899k in 2018 to $146k in 2023.

In 2023, Spain did not export any services to Solomon Islands.

Solomon Islands-Spain Trade: In 2023, Solomon Islands exported $25.5M to Spain. The main products that Solomon Islands exported to Spain were Processed Fish ($23.1M), Palm Oil ($1.12M), and Low-voltage Protection Equipment ($613k). Over the past 5 years the exports of Solomon Islands to Spain have increased at an annualized rate of 61%,  from $2.35M in 2018 to $25.5M in 2023.

In 2023, Solomon Islands did not export any services to Spain.

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Solomon Islands ranked 168 in total exports ($548M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $146k to Solomon Islands. The main products exported from Spain to Solomon Islands were Sports Equipment ($49.4k), Wine ($20.4k), and Chemical Analysis Instruments ($19.6k). During the last 5 years the exports of Spain to Solomon Islands have decreased at an annualized rate of 30.4%, from $899k in 2018 to $146k in 2023.

In 2018, Solomon Islands exported $25.5M to Spain. The main products exported from Solomon Islands to Spain were Processed Fish ($23.1M), Palm Oil ($1.12M), and Low-voltage Protection Equipment ($613k). During the last 5 years the exports of Solomon Islands to Spain have increased at an annualized rate of 61%, from $2.35M in 2023 to $25.5M in 2018.

Exports from Spain (Flag) to Solomon Islands (Flag) (2023)

Exports from Solomon Islands (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top Destination
France$61.9B
Solomon Islands
Top Destination
China$305M

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

In 2023, countries that imported more from Spain than Solomon Islands included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, no countries were registered that imported more from Solomon Islands than from Spain.

Difference in imports from Solomon Islands (Flag) and Spain (Flag) (2023)

Comparative Advantage Spain - Solomon Islands

Flow
Scale

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

During 2023, Spain had a large net trade with Solomon Islands in the exports of Miscellaneous ($49.4k), Machines ($44k), and Foodstuffs ($20.4k).

During 2018, Solomon Islands had a large net trade with Spain in the exports of Foodstuffs ($23.1M), Animal and Vegetable Bi-Products ($1.6M), and Machines ($616k).

Economic Complexity

Competitive Landscape

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

Product Space of Spain (Flag) and Solomon Islands (Flag) (2023)

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