2023
Flag  
GDP
$1.63BCURRENT US$
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2013-2023
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GDP GROWTH
27%CURRENT US$
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2023
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 GDP
$1.62TCURRENT US$
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2013-2023
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GDP GROWTH
18.9%CURRENT US$
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2023
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GDP PC 
$2,042CURRENT US$
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2013-2023
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GDP PC GROWTH
-5.54%CURRENT US$
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2023
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GDP PC
$33,509CURRENT US$
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2013-2023
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GDP PC GROWTH
14.7%CURRENT US$
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About

Solomon Islands-Spain Trade: In 2023, Solomon Islands exported $25.5M to Spain. The main products that Solomon Islands exported to Spain were Processed Fish ($23.1M), Palm Oil ($1.12M), and Low-voltage Protection Equipment ($613k). Over the past 5 years the exports of Solomon Islands to Spain have increased at an annualized rate of 61%, from $2.35M in 2018 to $25.5M in 2023.

In 2023, Solomon Islands did not export any services to Spain.

Spain-Solomon Islands Trade: In 2023, Spain exported $146k to Solomon Islands. The main products that Spain exported to Solomon Islands were Sports Equipment ($49.4k), Wine ($20.4k), and Chemical Analysis Instruments ($19.6k). Over the past 5 years the exports of Spain to Solomon Islands have decreased at an annualized rate of 30.4%,  from $899k in 2018 to $146k in 2023.

In 2023, Spain did not export any services to Solomon Islands.

Comparison In 2023,  Solomon Islands ranked 168 in total exports ($548M), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Solomon Islands exported $25.5M to Spain. The main products exported from Solomon Islands to Spain were Processed Fish ($23.1M), Palm Oil ($1.12M), and Low-voltage Protection Equipment ($613k). During the last 5 years the exports of Solomon Islands to Spain have increased at an annualized rate of 61%, from $2.35M in 2018 to $25.5M in 2023.

In 2018, Spain exported $146k to Solomon Islands. The main products exported from Spain to Solomon Islands were Sports Equipment ($49.4k), Wine ($20.4k), and Chemical Analysis Instruments ($19.6k). During the last 5 years the exports of Spain to Solomon Islands have decreased at an annualized rate of 30.4%, from $899k in 2023 to $146k in 2018.

Exports from Solomon Islands (Flag) to Spain (Flag) (2023)

Exports from Spain (Flag) to Solomon Islands (Flag) (2023)

Latest Data

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

Solomon Islands Exports

Spain Exports

Market Competitiveness

Color
Solomon Islands
Top Destination
China$305M
Spain
Top Destination
France$61.9B

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

In 2023, no countries were registered that imported more from Solomon Islands than from Spain.

In 2023, countries that imported more from Spain than Solomon Islands included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

Difference in imports from Spain (Flag) and Solomon Islands (Flag) (2023)

Comparative Advantage Solomon Islands - Spain

Flow
Scale

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

During 2023, Solomon Islands had a large net trade with Spain in the exports of Foodstuffs ($23.1M), Animal and Vegetable Bi-Products ($1.6M), and Machines ($616k).

During 2018, Spain had a large net trade with Solomon Islands in the exports of Miscellaneous ($49.4k), Machines ($44k), and Foodstuffs ($20.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Solomon Islands (Flag) and Spain (Flag) (2023)

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