2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 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 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 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

Singapore-Solomon Islands Trade: In 2022, Singapore exported $83.5M to Solomon Islands. The main products that Singapore exported to Solomon Islands were Refined Petroleum ($74.7M), Excavation Machinery ($954k), and Small Iron Containers ($896k). Over the past 5 years the exports of Singapore to Solomon Islands have increased at an annualized rate of 0.32%, from $82.1M in 2017 to $83.5M in 2022.

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

Solomon Islands-Singapore Trade: In 2022, Solomon Islands exported $43k to Singapore. The main products that Solomon Islands exported to Singapore were Precious Metal Scraps ($21.2k), Metal-Clad Products ($5.54k), and Other Electrical Machinery ($4.34k). Over the past 5 years the exports of Solomon Islands to Singapore have decreased at an annualized rate of 60.7%,  from $4.61M in 2017 to $43k in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68),  and 21 in total exports ($379B). 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 2022, Singapore exported $83.5M to Solomon Islands. The main products exported from Singapore to Solomon Islands were Refined Petroleum ($74.7M), Excavation Machinery ($954k), and Small Iron Containers ($896k). During the last 5 years the exports of Singapore to Solomon Islands have increased at an annualized rate of 0.32%, from $82.1M in 2017 to $83.5M in 2022.

In 2017, Solomon Islands exported $43k to Singapore. The main products exported from Solomon Islands to Singapore were Precious Metal Scraps ($21.2k), Metal-Clad Products ($5.54k), and Other Electrical Machinery ($4.34k). During the last 5 years the exports of Solomon Islands to Singapore have decreased at an annualized rate of 60.7%, from $4.61M in 2022 to $43k in 2017.

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

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

Latest Data

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

Singapore Exports

Solomon Islands Exports

Date

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Solomon Islands
Top Destination
China$260M

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

In 2022, countries that imported more from Singapore than Solomon Islands included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, no countries were registered that imported more from Solomon Islands than from Singapore.

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

Comparative Advantage Singapore - Solomon Islands

Flow
Scale

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

During 2022, Singapore had a large net trade with Solomon Islands in the exports of Mineral Products ($74.7M), Machines ($2.55M), and Metals ($1.46M).

During 2017, Solomon Islands had a large net trade with Singapore in the exports of Precious Metals ($30.5k), Machines ($7.3k), and Transportation ($2.56k).

Economic Complexity

Competitive Landscape

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

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

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