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2022
Flag → Flag
Exports $3.36kRnk 50 / 73
2022
Flag → Flag
Top Product $3.36kPaintings
2022
Flag → Flag
Exports $64.5kRnk 206 / 217
2022
Flag → Flag
Top Product $23.2kRubber Belting
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag  
GDP$1.6BCURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP GROWTH34.6%CURRENT US$
Rnk 91 / 186
2022
Flag
 GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC $2,203CURRENT US$
Rnk 144 / 186
2012-2022
Flag
GDP PC GROWTH5.54%CURRENT US$
Rnk 128 / 186
2022
Flag
GDP PC$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

Solomon Islands-Austria Trade: In 2022, Solomon Islands exported $3.36k to Austria. The main products that Solomon Islands exported to Austria were Paintings ($3.36k). Over the past 7 years the exports of Solomon Islands to Austria have decreased at an annualized rate of 35.8%, from $74.7k in 2015 to $3.36k in 2022.

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

Austria-Solomon Islands Trade: In 2022, Austria exported $64.5k to Solomon Islands. The main products that Austria exported to Solomon Islands were Rubber Belting ($23.2k), Excavation Machinery ($9.75k), and Transmissions ($7.9k). Over the past 7 years the exports of Austria to Solomon Islands have increased at an annualized rate of 1.78%,  from $58k in 2015 to $64.5k in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Solomon Islands exported $3.36k to Austria. The main products exported from Solomon Islands to Austria were Paintings ($3.36k). During the last 7 years the exports of Solomon Islands to Austria have decreased at an annualized rate of 35.8%, from $74.7k in 2015 to $3.36k in 2022.

In 2017, Austria exported $64.5k to Solomon Islands. The main products exported from Austria to Solomon Islands were Rubber Belting ($23.2k), Excavation Machinery ($9.75k), and Transmissions ($7.9k). During the last 5 years the exports of Austria to Solomon Islands have increased at an annualized rate of 1.78%, from $58k in 2022 to $64.5k in 2017.

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

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

Latest Data

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

Solomon Islands Exports

Date

Austria Exports

Market Competitiveness

Color
Solomon Islands
Top DestinationChina$260M
Austria
Top DestinationGermany$57.7B

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

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

In 2022, countries that imported more from Austria than Solomon Islands included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

Comparative Advantage Solomon Islands - Austria

Flow
Scale

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

During 2022, Solomon Islands had a large net trade with Austria in the exports of Arts and Antiques ($3.36k).

During 2017, Austria had a large net trade with Solomon Islands in the exports of Machines ($26.8k), Plastics and Rubbers ($26.8k), and Miscellaneous ($7.01k).

Economic Complexity

Competitive Landscape

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

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

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