2023
Flag  
GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 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 
$50,532CURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC
$2,042CURRENT US$
Rnk 158 / 196
2013-2023
Flag
GDP PC GROWTH
-5.54%CURRENT US$
Rnk 160 / 195

About

Hong Kong-Solomon Islands Trade: In 2023, Hong Kong exported $11.8M to Solomon Islands. The main products that Hong Kong exported to Solomon Islands were Broadcasting Equipment ($6.48M), Electrical Transformers ($1.13M), and Telephones ($1.04M). Over the past 5 years the exports of Hong Kong to Solomon Islands have decreased at an annualized rate of 6.7%, from $16.8M in 2018 to $11.8M in 2023.

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

Solomon Islands-Hong Kong Trade: In 2023, Solomon Islands exported $6.53M to Hong Kong. The main products that Solomon Islands exported to Hong Kong were Gold ($5.86M), Scrap Aluminium ($329k), and Processed Crustaceans ($228k). Over the past 5 years the exports of Solomon Islands to Hong Kong have decreased at an annualized rate of 4.44%,  from $10.8M in 2018 to $6.53M in 2023.

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

Comparison In 2023,  Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12),  and 38 in total exports ($117B). 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, Hong Kong exported $11.8M to Solomon Islands. The main products exported from Hong Kong to Solomon Islands were Broadcasting Equipment ($6.48M), Electrical Transformers ($1.13M), and Telephones ($1.04M). During the last 5 years the exports of Hong Kong to Solomon Islands have decreased at an annualized rate of 6.7%, from $16.8M in 2018 to $11.8M in 2023.

In 2018, Solomon Islands exported $6.53M to Hong Kong. The main products exported from Solomon Islands to Hong Kong were Gold ($5.86M), Scrap Aluminium ($329k), and Processed Crustaceans ($228k). During the last 5 years the exports of Solomon Islands to Hong Kong have decreased at an annualized rate of 4.44%, from $10.8M in 2023 to $6.53M in 2018.

Exports from Hong Kong (Flag) to Solomon Islands (Flag) (2023)

Exports from Solomon Islands (Flag) to Hong Kong (Flag) (2023)

Latest Data

Trade between Hong Kong (Flag) and Solomon Islands (Flag)

Hong Kong Exports

Solomon Islands Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$25.3B
Solomon Islands
Top Destination
China$305M

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

In 2023, countries that imported more from Hong Kong than Solomon Islands included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

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

Difference in imports from Solomon Islands (Flag) and Hong Kong (Flag) (2023)

Comparative Advantage Hong Kong - Solomon Islands

Flow
Scale

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

During 2023, Hong Kong had a large net trade with Solomon Islands in the exports of Machines ($10.7M), Miscellaneous ($427k), and Transportation ($221k).

During 2018, Solomon Islands had a large net trade with Hong Kong in the exports of Precious Metals ($5.86M), Metals ($329k), and Foodstuffs ($228k).

Economic Complexity

Competitive Landscape

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

Product Space of Hong Kong (Flag) and Solomon Islands (Flag) (2023)

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