2022
Flag  
GDP
$1.6BCURRENT US$
Rnk 170 / 186
2012-2022
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GDP GROWTH
34.6%CURRENT US$
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2022
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 GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
29.2%CURRENT US$
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2022
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GDP PC 
$2,203CURRENT US$
Rnk 144 / 186
2012-2022
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GDP PC GROWTH
5.54%CURRENT US$
Rnk 128 / 186
2022
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GDP PC
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Solomon Islands-Malaysia In 2022, Solomon Islands exported $6.58M to Malaysia. The main products that Solomon Islands exported to Malaysia are Cocoa Beans ($5.72M), Sawn Wood ($553k), and Other Vegetable Residues ($114k). During the last 27 years the exports of Solomon Islands to Malaysia have increased at an annualized rate of 5.34%, from $1.62M in 1995 to $6.58M in 2022.

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

Malaysia-Solomon Islands In 2022, Malaysia exported $61.5M to Solomon Islands. The main products that Malaysia exported to Solomon Islands were Refined Petroleum ($37.7M), Large Construction Vehicles ($2.41M), and Soybean Oil ($2.13M). During the last 27 years the exports of Malaysia to Solomon Islands have increased at an annualized rate of 11.7%, from $3.11M in 1995 to $61.5M in 2022.

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

Comparison In 2022,  Solomon Islands ranked 171 in total exports ($508M), and does not have data regarding Economic Complexity Index. That same year, Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Solomon Islands exported $6.58M to Malaysia. The main products exported from Solomon Islands to Malaysia were Cocoa Beans ($5.72M), Sawn Wood ($553k), and Other Vegetable Residues ($114k). During the last 27 years the exports of Solomon Islands to Malaysia have increased at an annualized rate of 5.34%, from $1.62M in 1995 to $6.58M in 2022.

In 2022, Malaysia exported $61.5M to Solomon Islands. The main products exported from Malaysia to Solomon Islands were Refined Petroleum ($37.7M), Large Construction Vehicles ($2.41M), and Soybean Oil ($2.13M). During the last 27 years the exports of Malaysia to Solomon Islands have increased at an annualized rate of 11.7%, from $3.11M in 1995 to $61.5M in 2022.

Exports from Solomon Islands (Flag) to Malaysia (Flag) (2022)

Exports from Malaysia (Flag) to Solomon Islands (Flag) (2022)

Latest Data

Trade between Solomon Islands (Flag) and Malaysia (Flag)

Solomon Islands Exports

Malaysia Exports

Market Competitiveness

Color
Solomon Islands
Top Destination
N/AN/A
Malaysia
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Malaysia (Flag) and Solomon Islands (Flag) (2022)

Comparative Advantage Solomon Islands - Malaysia

Flow
Scale

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

During 2022, Solomon Islands had a large net trade with Malaysia in the exports of Foodstuffs ($5.83M), Wood Products ($553k), and Vegetable Products ($107k).

During 2022, Malaysia had a large net trade with Solomon Islands in the exports of Mineral Products ($38M), Machines ($8.29M), and Foodstuffs ($4.99M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Solomon Islands has comparative advantage over Malaysia. Similarly, the more yellow a dot/product is, the more Malaysia has comparative advantage over Solomon Islands.

Product Space of Solomon Islands (Flag) and Malaysia (Flag) (2022)

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