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2023
Flag → Flag
Exports $23.8MRnk 74 / 206
2023
Flag → Flag
Top Product $3.33MRaw Sugar
2023
Flag → Flag
Exports $7MRnk 10 / 70
2023
Flag → Flag
Top Product $5.71MSawn Wood
2023
Flag
Economic Complexity (ECI) ECI 0.48Rnk 43 / 132
2023
Flag  
GDP$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH32.1%CURRENT US$
Rnk 110 / 195
2023
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 GDP$1.63BCURRENT US$
Rnk 179 / 195
2013-2023
Flag
GDP GROWTH27%CURRENT US$
Rnk 121 / 195
2023
Flag
GDP PC $48,281CURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP PC GROWTH12.3%CURRENT US$
Rnk 127 / 195
2023
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GDP PC$2,042CURRENT US$
Rnk 158 / 196
2013-2023
Flag
GDP PC GROWTH-5.54%CURRENT US$
Rnk 160 / 195

About

New Zealand-Solomon Islands Trade: In 2023, New Zealand exported $23.8M to Solomon Islands. The main products that New Zealand exported to Solomon Islands were Raw Sugar ($3.33M), Concentrated Milk ($2.13M), and Broadcasting Equipment ($1.24M). Over the past 5 years the exports of New Zealand to Solomon Islands have decreased at an annualized rate of 5.39%, from $31.4M in 2018 to $23.8M in 2023.

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

Solomon Islands-New Zealand Trade: In 2023, Solomon Islands exported $7M to New Zealand. The main products that Solomon Islands exported to New Zealand were Sawn Wood ($5.71M), Coconut Oil ($468k), and Shaped Wood ($275k). Over the past 5 years the exports of Solomon Islands to New Zealand have decreased at an annualized rate of 5.96%,  from $9.51M in 2018 to $7M in 2023.

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

Comparison In 2023,  New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48),  and 61 in total exports ($44.5B). 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, New Zealand exported $23.8M to Solomon Islands. The main products exported from New Zealand to Solomon Islands were Raw Sugar ($3.33M), Concentrated Milk ($2.13M), and Broadcasting Equipment ($1.24M). During the last 5 years the exports of New Zealand to Solomon Islands have decreased at an annualized rate of 5.39%, from $31.4M in 2018 to $23.8M in 2023.

In 2018, Solomon Islands exported $7M to New Zealand. The main products exported from Solomon Islands to New Zealand were Sawn Wood ($5.71M), Coconut Oil ($468k), and Shaped Wood ($275k). During the last 5 years the exports of Solomon Islands to New Zealand have decreased at an annualized rate of 5.96%, from $9.51M in 2023 to $7M in 2018.

Exports from New Zealand (Flag) to Solomon Islands (Flag) (2023)

Exports from Solomon Islands (Flag) to New Zealand (Flag) (2023)

Latest Data

Trade between New Zealand (Flag) and Solomon Islands (Flag)

New Zealand Exports

Solomon Islands Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$12.3B
Solomon Islands
Top DestinationChina$305M

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

In 2023, countries that imported more from New Zealand than Solomon Islands included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

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

Difference in imports from Solomon Islands (Flag) and New Zealand (Flag) (2023)

Comparative Advantage New Zealand - Solomon Islands

Flow
Scale

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

During 2023, New Zealand had a large net trade with Solomon Islands in the exports of Machines ($6.02M), Animal Products ($5.03M), and Foodstuffs ($4.87M).

During 2018, Solomon Islands had a large net trade with New Zealand in the exports of Wood Products ($6.01M), Animal and Vegetable Bi-Products ($468k), and Vegetable Products ($257k).

Economic Complexity

Competitive Landscape

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

Product Space of New Zealand (Flag) and Solomon Islands (Flag) (2023)

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