2023
Flag  
GDP
$1.63BCURRENT US$
Rnk 179 / 195
2013-2023
Flag
GDP GROWTH
27%CURRENT US$
Rnk 121 / 195
2023
Flag
 GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC 
$2,042CURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP PC GROWTH
-5.54%CURRENT US$
Rnk 160 / 195
2023
Flag
GDP PC
$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

Solomon Islands-India Trade: In 2023, Solomon Islands exported $7.53M to India. The main products that Solomon Islands exported to India were Rough Wood ($7.41M) and Scrap Iron ($117k). Over the past 5 years the exports of Solomon Islands to India have decreased at an annualized rate of 39.8%, from $95.3M in 2018 to $7.53M in 2023.

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

India-Solomon Islands Trade: In 2023, India exported $3.37M to Solomon Islands. The main products that India exported to Solomon Islands were Packaged Medicaments ($1.06M), Buses ($508k), and Vaccines, blood, antisera, toxins and cultures ($276k). Over the past 5 years the exports of India to Solomon Islands have increased at an annualized rate of 3.66%,  from $2.81M in 2018 to $3.37M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Solomon Islands exported $7.53M to India. The main products exported from Solomon Islands to India were Rough Wood ($7.41M) and Scrap Iron ($117k). During the last 5 years the exports of Solomon Islands to India have decreased at an annualized rate of 39.8%, from $95.3M in 2018 to $7.53M in 2023.

In 2018, India exported $3.37M to Solomon Islands. The main products exported from India to Solomon Islands were Packaged Medicaments ($1.06M), Buses ($508k), and Vaccines, blood, antisera, toxins and cultures ($276k). During the last 5 years the exports of India to Solomon Islands have increased at an annualized rate of 3.66%, from $2.81M in 2023 to $3.37M in 2018.

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

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

Latest Data

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

Solomon Islands Exports

India Exports

Market Competitiveness

Color
Solomon Islands
Top Destination
China$305M
India
Top Destination
United States$85.5B

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

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

In 2023, countries that imported more from India than Solomon Islands included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Comparative Advantage Solomon Islands - India

Flow
Scale

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

During 2023, Solomon Islands had a large net trade with India in the exports of Wood Products ($7.41M) and Metals ($117k).

During 2018, India had a large net trade with Solomon Islands in the exports of Chemical Products ($1.36M), Transportation ($623k), and Foodstuffs ($493k).

Economic Complexity

Competitive Landscape

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

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

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