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Pricing

2022
Flag → Flag
Exports $2.43MRnk 198 / 224
2022
Flag → Flag
Top Product $1.89MScrap Iron
2022
Flag → Flag
Exports $15.8MRnk 8 / 73
2022
Flag → Flag
Top Product $14.3MPalm Oil
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 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 $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$2,203CURRENT US$
Rnk 144 / 186
2012-2022
Flag
GDP PC GROWTH5.54%CURRENT US$
Rnk 128 / 186

About

United Kingdom-Solomon Islands Trade: In 2022, United Kingdom exported $2.43M to Solomon Islands. The main products that United Kingdom exported to Solomon Islands were Scrap Iron ($1.89M), Broadcasting Equipment ($88.7k), and Packaged Medicaments ($64.3k). Over the past 5 years the exports of United Kingdom to Solomon Islands have increased at an annualized rate of 13.7%, from $1.28M in 2017 to $2.43M in 2022.

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

Solomon Islands-United Kingdom Trade: In 2022, Solomon Islands exported $15.8M to United Kingdom. The main products that Solomon Islands exported to United Kingdom were Palm Oil ($14.3M), Coconut Oil ($1.3M), and Cocoa Beans ($37.3k). Over the past 5 years the exports of Solomon Islands to United Kingdom have increased at an annualized rate of 27.5%,  from $4.69M in 2017 to $15.8M in 2022.

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

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, Solomon Islands ranked 171 in total exports ($508M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, United Kingdom exported £15.3k and imported £1.22k from Solomon Islands, resulting in a positive trade balance of £14.1k. Between August 2023 and August 2024 the exports of United Kingdom have decreased by £-63.2k (-80.5%) from £78.5k to £15.3k, while imports decreased by £-10.2k (-89.3%) from £11.5k to £1.22k.

Trade In August 2024, the top exports of United Kingdom to Solomon Islands were Plastic Building Materials (£3.99k), Engine Parts (£3.92k), Tobacco Processing Machines (£2.68k), and Dextrins (£2.15k). In August 2024 the top imports of United Kingdom from Solomon Islands were Broadcasting Equipment (£63.7k) and Commodities not elsewhere specified (£1.21k).

Origins In August 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£14.4k) and East Midlands Airport (£934), while imports destinations were mainly N/A.

Growth In August 2024, the decrease in United Kingdom's year-by-year exports to Solomon Islands was explained primarily by an decrease in product exports in . In August 2024, the decrease in United Kingdom's year-by-year imports  from Solomon Islands was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)£-63.2k(-80.5%)
IMPORT GROWTH (August 2023 - August 2024)£-10.2k(-89.3%)
MAIN EXPORTER (August 2024)London Heathrow Airport£14.4k

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

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

For full datasets download visit Bulk Download page.

Explore Solomon Islands and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $2.43M to Solomon Islands. The main products exported from United Kingdom to Solomon Islands were Scrap Iron ($1.89M), Broadcasting Equipment ($88.7k), and Packaged Medicaments ($64.3k). During the last 5 years the exports of United Kingdom to Solomon Islands have increased at an annualized rate of 13.7%, from $1.28M in 2017 to $2.43M in 2022.

In 2017, Solomon Islands exported $15.8M to United Kingdom. The main products exported from Solomon Islands to United Kingdom were Palm Oil ($14.3M), Coconut Oil ($1.3M), and Cocoa Beans ($37.3k). During the last 5 years the exports of Solomon Islands to United Kingdom have increased at an annualized rate of 27.5%, from $4.69M in 2022 to $15.8M in 2017.

Exports from United Kingdom (Flag) to Solomon Islands (Flag) (2022)

Exports from Solomon Islands (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationN/AN/A
Solomon Islands
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from Solomon Islands (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Solomon Islands

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Solomon Islands in the exports of Metals ($1.95M), Machines ($279k), and Plastics and Rubbers ($85.7k).

During 2017, Solomon Islands had a large net trade with United Kingdom in the exports of Animal and Vegetable Bi-Products ($15.6M), Foodstuffs ($37.3k), and Textiles ($34.7k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Solomon Islands (Flag) (2022)

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