Solomon Islands (SLB) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Solomon Islands-Australia Trade: In 2022, Solomon Islands exported $23.2M to Australia. The main products that Solomon Islands exported to Australia were Gold ($16.4M), Sawn Wood ($2.58M), and Oil Seed Flower ($764k). Over the past 5 years the exports of Solomon Islands to Australia have increased at an annualized rate of 10.8%, from $13.9M in 2017 to $23.2M in 2022.

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

Australia-Solomon Islands Trade: In 2022, Australia exported $53.5M to Solomon Islands. The main products that Australia exported to Solomon Islands were Poultry Meat ($6.96M), Wheat ($4.81M), and Used Clothing ($1.84M). Over the past 5 years the exports of Australia to Solomon Islands have decreased at an annualized rate of 12.4%, from $104M in 2017 to $53.5M in 2022.

In 2022, Australia 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, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Solomon Islands exported $23.2M to Australia. The main products exported from Solomon Islands to Australia were Gold ($16.4M), Sawn Wood ($2.58M), and Oil Seed Flower ($764k). During the last 5 years the exports of Solomon Islands to Australia have increased at an annualized rate of 10.8%, from $13.9M in 2017 to $23.2M in 2022.

In 2017, Australia exported $53.5M to Solomon Islands. The main products exported from Australia to Solomon Islands were Poultry Meat ($6.96M), Wheat ($4.81M), and Used Clothing ($1.84M). During the last 5 years the exports of Australia to Solomon Islands have decreased at an annualized rate of 12.4%, from $104M in 2022 to $53.5M in 2017.

Exports from Solomon Islands () to Australia () (2022)

Exports from Australia () to Solomon Islands () (2022)

Latest Data

Trade between Solomon Islands () and Australia ()

Solomon Islands Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Solomon Islands
Top DestinationN/AN/A

Australia
Top DestinationN/AN/A

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

N/A

Difference in imports from Australia () and Solomon Islands () (2022)

Comparative Advantage Solomon Islands - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Solomon Islands had a large net trade with Australia in the exports of Precious Metals ($16.4M), Wood Products ($2.75M), and Foodstuffs ($1.95M).

During 2017, Australia had a large net trade with Solomon Islands in the exports of Machines ($13.8M), Animal Products ($9.89M), and Vegetable Products ($6.15M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Solomon Islands and Australia. This means that a dot/product with the flag of Solomon Islands indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Solomon Islands.

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Historical Data

Bilateral Trade by Products

Exports from Solomon Islands () to Australia () (2022)

Exports from Australia () to Solomon Islands () (2022)

Latest Data

Trade between Solomon Islands () and Australia ()

Solomon Islands Exports

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Solomon Islands () (2022)

Comparative Advantage Solomon Islands - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Solomon Islands () and Australia () (2022)

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