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2023
Flag → Flag
Exports $53.5MRnk 3 / 70
2023
Flag → Flag
Top Product $53.4MProcessed Fish
2023
Flag → Flag
Exports $806kRnk 200 / 219
2023
Flag → Flag
Top Product $587kIndustrial Food Preperation Machinery
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag  
GDP$1.63BCURRENT US$
Rnk 179 / 195
2013-2023
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GDP GROWTH27%CURRENT US$
Rnk 121 / 195
2023
Flag
 GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
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GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
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GDP PC $2,042CURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP PC GROWTH-5.54%CURRENT US$
Rnk 160 / 195
2023
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GDP PC$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

Solomon Islands-Italy Trade: In 2023, Solomon Islands exported $53.5M to Italy. The main products that Solomon Islands exported to Italy were Processed Fish ($53.4M), Coral and Shells ($77.2k), and Oscilloscopes ($1.12k). Over the past 5 years the exports of Solomon Islands to Italy have decreased at an annualized rate of 0.92%, from $56M in 2018 to $53.5M in 2023.

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

Italy-Solomon Islands Trade: In 2023, Italy exported $806k to Solomon Islands. The main products that Italy exported to Solomon Islands were Industrial Food Preperation Machinery ($587k), Electric Generating Sets ($194k), and Machinery Having Individual Functions ($16.2k). Over the past 5 years the exports of Italy to Solomon Islands have increased at an annualized rate of 3.23%,  from $484k in 2018 to $806k in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Solomon Islands exported $53.5M to Italy. The main products exported from Solomon Islands to Italy were Processed Fish ($53.4M), Coral and Shells ($77.2k), and Oscilloscopes ($1.12k). During the last 5 years the exports of Solomon Islands to Italy have decreased at an annualized rate of 0.92%, from $56M in 2018 to $53.5M in 2023.

In 2018, Italy exported $806k to Solomon Islands. The main products exported from Italy to Solomon Islands were Industrial Food Preperation Machinery ($587k), Electric Generating Sets ($194k), and Machinery Having Individual Functions ($16.2k). During the last 5 years the exports of Italy to Solomon Islands have increased at an annualized rate of 3.23%, from $484k in 2023 to $806k in 2018.

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

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

Latest Data

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

Solomon Islands Exports

Italy Exports

Market Competitiveness

Color
Solomon Islands
Top DestinationChina$305M
Italy
Top DestinationGermany$71.4B

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

In 2023, countries that imported more from Italy than Solomon Islands included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

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 2023, Solomon Islands had a large net trade with Italy in the exports of Foodstuffs ($53.4M), Animal Products ($77.2k), and Instruments ($1.12k).

During 2018, Italy had a large net trade with Solomon Islands in the exports of Machines ($797k), Metals ($3.4k), and Chemical Products ($3.28k).

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) (2023)

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