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2022
Flag → Flag
Exports $43.1MRnk 3 / 73
2022
Flag → Flag
Top Product $42MProcessed Fish
2022
Flag → Flag
Exports $121kRnk 212 / 221
2022
Flag → Flag
Top Product $31.9kLow-voltage Protection Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag  
GDP$1.6BCURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP GROWTH34.6%CURRENT US$
Rnk 91 / 186
2022
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 GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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GDP PC $2,203CURRENT US$
Rnk 144 / 186
2012-2022
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GDP PC GROWTH5.54%CURRENT US$
Rnk 128 / 186
2022
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GDP PC$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Solomon Islands-Italy Trade: In 2022, Solomon Islands exported $43.1M to Italy. The main products that Solomon Islands exported to Italy were Processed Fish ($42M) and Non-fillet Frozen Fish ($1.07M). Over the past 5 years the exports of Solomon Islands to Italy have decreased at an annualized rate of 5.15%, from $56.1M in 2017 to $43.1M in 2022.

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

Italy-Solomon Islands Trade: In 2022, Italy exported $121k to Solomon Islands. The main products that Italy exported to Solomon Islands were Low-voltage Protection Equipment ($31.9k), Laboratory Ceramic Ware ($23.6k), and Large Construction Vehicles ($19k). Over the past 5 years the exports of Italy to Solomon Islands have decreased at an annualized rate of 25.5%,  from $527k in 2017 to $121k in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Solomon Islands exported $43.1M to Italy. The main products exported from Solomon Islands to Italy were Processed Fish ($42M) and Non-fillet Frozen Fish ($1.07M). During the last 5 years the exports of Solomon Islands to Italy have decreased at an annualized rate of 5.15%, from $56.1M in 2017 to $43.1M in 2022.

In 2017, Italy exported $121k to Solomon Islands. The main products exported from Italy to Solomon Islands were Low-voltage Protection Equipment ($31.9k), Laboratory Ceramic Ware ($23.6k), and Large Construction Vehicles ($19k). During the last 5 years the exports of Italy to Solomon Islands have decreased at an annualized rate of 25.5%, from $527k in 2022 to $121k in 2017.

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

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

Latest Data

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

Solomon Islands Exports

Italy Exports

Market Competitiveness

Color
Solomon Islands
Top DestinationChina$260M
Italy
Top DestinationGermany$78.5B

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

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

In 2022, countries that imported more from Italy than Solomon Islands included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Solomon Islands - Italy

Flow
Scale

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

During 2022, Solomon Islands had a large net trade with Italy in the exports of Foodstuffs ($42M) and Animal Products ($1.07M).

During 2017, Italy had a large net trade with Solomon Islands in the exports of Machines ($53.4k), Stone And Glass ($26.8k), and Metals ($16.8k).

Economic Complexity

Competitive Landscape

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

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

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