NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2022
Flag → Flag
Exports $8.84MRnk 62 / 0
2022
Flag → Flag
Exports $13.1MRnk 90 / 0
2023
Flag
Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
Flag  
GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH25%CURRENT US$
Rnk 127 / 195
2023
Flag
 GDP$1.63BCURRENT US$
Rnk 179 / 195
2013-2023
Flag
GDP GROWTH27%CURRENT US$
Rnk 121 / 195
2023
Flag
GDP PC $33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 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

South Korea-Solomon Islands Trade: In 2022, South Korea exported $8.84M to Solomon Islands. The main products that South Korea exported to Solomon Islands were N/A. Over the past 5 years the exports of South Korea to Solomon Islands have decreased at an annualized rate of 16.8%, from $22.1M in 2017 to $8.84M in 2022.

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

Solomon Islands-South Korea Trade: In 2022, Solomon Islands exported $13.1M to South Korea. The main products that Solomon Islands exported to South Korea were N/A. Over the past 5 years the exports of Solomon Islands to South Korea have increased at an annualized rate of 6.21%,  from $9.72M in 2017 to $13.1M in 2022.

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

Comparison In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85),  and 5 in total exports ($645B). That same year, Solomon Islands ranked 168 in total exports ($548M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, South Korea exported $630k and imported $54k from Solomon Islands, resulting in a positive trade balance of $576k. Between December 2023 and December 2024 the exports of South Korea have increased by $285k (82.6%) from $345k to $630k, while imports increased by $26k (92.9%) from $28k to $54k.

Trade In December 2024, the top exports of South Korea to Solomon Islands were Mineral fuels, mineral oils and products... ($382k), Fish, Crustaceans & Molluscs ($86k), Chemical products n.e.s. ($28k), Cars, tractors, trucks & parts thereof. ($21k), and Books, newspapers, & other prints ($11k). In December 2024 the top imports of South Korea from Solomon Islands were Wood, wood articles, & charcoal ($2.46M), Electrical machinery and electronics ($38k), Fish, Crustaceans & Molluscs ($0), Mineral fuels, mineral oils and products... ($0), and Chemical products n.e.s. ($0).

Growth In December 2024, the increase in South Korea's year-by-year exports to Solomon Islands was explained primarily by an increase in product exports in Mineral fuels, mineral oils and products... ($344k or 905%) and Fish, Crustaceans & Molluscs ($29k or 50.9%). In December 2024, the increase in South Korea'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 (December 2023 - December 2024)$285k(82.6%)
IMPORT GROWTH (December 2023 - December 2024)$26k(92.9%)

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

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

For full datasets download visit Bulk Download page.

Explore Solomon Islands and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $8.84M to Solomon Islands. There were not main exports from South Korea to Solomon Islands in 2022. During the last 5 years the exports of South Korea to Solomon Islands have decreased at an annualized rate of 16.8%, from $22.1M in 2017 to $8.84M in 2022.

In 2017, Solomon Islands exported $13.1M to South Korea. There were not main exports from Solomon Islands to South Korea in 2017. During the last 5 years the exports of Solomon Islands to South Korea have increased at an annualized rate of 6.21%, from $9.72M in 2022 to $13.1M in 2017.

Exports from South Korea (Flag) to Solomon Islands (Flag) (2022)

Exports from Solomon Islands (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationN/AN/A
Solomon Islands
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from Solomon Islands (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Solomon Islands

Flow
Scale

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

During 2022, South Korea had a large net trade with Solomon Islands in the exports of .

During 2017, Solomon Islands had a large net trade with South Korea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Solomon Islands (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms