Solomon Islands (SLB) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Solomon Islands-Russia Trade: In 2021, Solomon Islands exported $17.5k to Russia. The main products that Solomon Islands exported to Russia were N/A. Over the past 5 years the exports of Solomon Islands to Russia have decreased at an annualized rate of 23.1%, from $65.2k in 2016 to $17.5k in 2021.

In 2021, Solomon Islands did not export any services to Russia.

Russia-Solomon Islands Trade: In 2021, Russia exported $298k to Solomon Islands. The main products that Russia exported to Solomon Islands were N/A. Over the past 5 years the exports of Russia to Solomon Islands have decreased at an annualized rate of 2.11%, from $332k in 2016 to $298k in 2021.

In 2020, Russia exported services to Solomon Islands worth $51k, with Communications services ($51k) being the largest in terms of value.

Comparison In 2023, Solomon Islands ranked 168 in total exports ($548M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Solomon Islands exported $17.5k to Russia. There were not main exports from Solomon Islands to Russia in 2021. During the last 5 years the exports of Solomon Islands to Russia have decreased at an annualized rate of 23.1%, from $65.2k in 2016 to $17.5k in 2021.

In 2014, Russia exported $298k to Solomon Islands. There were not main exports from Russia to Solomon Islands in 2014. During the last 5 years the exports of Russia to Solomon Islands have decreased at an annualized rate of 2.11%, from $332k in 2019 to $298k in 2014.

Exports from Solomon Islands () to Russia () (2021)

Exports from Russia () to Solomon Islands () (2021)

Latest Data

Trade between Solomon Islands () and Russia ()

Solomon Islands Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Solomon Islands
Top DestinationChina$305M

Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from Solomon Islands than Russia included Australia ($59.6M), New Zealand ($7M), and Fiji ($1.34M).

In 2023, countries that imported more from Russia than Solomon Islands included China ($129B), India ($66.1B), and Turkey ($31B).

Difference in imports from Russia () and Solomon Islands () (2023)

Comparative Advantage Solomon Islands - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Solomon Islands had a large net trade with Russia in the exports of .

During 2014, Russia had a large net trade with Solomon Islands in the exports of .

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Solomon Islands worth $51k, with Communications services ($51k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Solomon Islands () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Solomon Islands () to Russia () (2021)

Exports from Russia () to Solomon Islands () (2021)

Latest Data

Trade between Solomon Islands () and Russia ()

Solomon Islands Exports

Market Competitiveness

Difference in imports from Russia () and Solomon Islands () (2023)

Comparative Advantage Solomon Islands - Russia

Bilateral Service Trade

Services Exports from Russia () to Solomon Islands () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Solomon Islands () and Russia () (2021)

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