2022
Flag  
GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
 GDP
$1.6BCURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP GROWTH
34.6%CURRENT US$
Rnk 91 / 186
2022
Flag
GDP PC 
$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH
13.8%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC
$2,203CURRENT US$
Rnk 144 / 186
2012-2022
Flag
GDP PC GROWTH
5.54%CURRENT US$
Rnk 128 / 186

About

Papua New Guinea-Solomon Islands Trade: In 2021, Papua New Guinea exported $8.7M to Solomon Islands. The main products that Papua New Guinea exported to Solomon Islands were N/A. Over the past 5 years the exports of Papua New Guinea to Solomon Islands have decreased at an annualized rate of 5.13%, from $11.3M in 2016 to $8.7M in 2021.

In 2021, Papua New Guinea did not export any services to Solomon Islands.

Solomon Islands-Papua New Guinea Trade: In 2021, Solomon Islands exported $1.04M to Papua New Guinea. The main products that Solomon Islands exported to Papua New Guinea were N/A. Over the past 5 years the exports of Solomon Islands to Papua New Guinea have increased at an annualized rate of 4.12%,  from $853k in 2016 to $1.04M in 2021.

In 2021, Solomon Islands did not export any services to Papua New Guinea.

Comparison In 2022,  Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53),  and 87 in total exports ($15.4B). That same year, Solomon Islands ranked 171 in total exports ($508M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Papua New Guinea exported $8.7M to Solomon Islands. There were not main exports from Papua New Guinea to Solomon Islands in 2021. During the last 5 years the exports of Papua New Guinea to Solomon Islands have decreased at an annualized rate of 5.13%, from $11.3M in 2016 to $8.7M in 2021.

In 2016, Solomon Islands exported $1.04M to Papua New Guinea. There were not main exports from Solomon Islands to Papua New Guinea in 2016. During the last 5 years the exports of Solomon Islands to Papua New Guinea have increased at an annualized rate of 4.12%, from $853k in 2021 to $1.04M in 2016.

Exports from Papua New Guinea (Flag) to Solomon Islands (Flag) (2021)

Exports from Solomon Islands (Flag) to Papua New Guinea (Flag) (2021)

Latest Data

Trade between Papua New Guinea (Flag) and Solomon Islands (Flag)

Solomon Islands Exports

Market Competitiveness

Color
Papua New Guinea
Top Destination
Japan$4.03B
Solomon Islands
Top Destination
China$260M

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

In 2022, countries that imported more from Papua New Guinea than Solomon Islands included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).

In 2022, countries that imported more from Solomon Islands than Papua New Guinea included Switzerland ($16.4M), Ecuador ($3.18M), and Morocco ($601k).

Difference in imports from Solomon Islands (Flag) and Papua New Guinea (Flag) (2022)

Comparative Advantage Papua New Guinea - Solomon Islands

Flow
Scale

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

During 2021, Papua New Guinea had a large net trade with Solomon Islands in the exports of .

During 2016, Solomon Islands had a large net trade with Papua New Guinea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Papua New Guinea (Flag) and Solomon Islands (Flag) (2021)

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