2023
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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
$1.07TCURRENT US$
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2013-2023
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GDP GROWTH
41.6%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
$32,094CURRENT US$
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2013-2023
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GDP PC GROWTH
17.6%CURRENT US$
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About

Solomon Islands-Saudi Arabia Trade: In 2023, Solomon Islands exported $2.39k to Saudi Arabia. The main products that Solomon Islands exported to Saudi Arabia were Non-Knit Women's Suits ($1.94k) and Non-Knit Men's Suits ($449). Over the past 6 years the exports of Solomon Islands to Saudi Arabia have decreased at an annualized rate of 38.4%, from $43.8k in 2017 to $2.39k in 2023.

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

Saudi Arabia-Solomon Islands Trade: In 2023, Saudi Arabia exported $30.9k to Solomon Islands. The main products that Saudi Arabia exported to Solomon Islands were N/A. Over the past 6 years the exports of Saudi Arabia to Solomon Islands have increased at an annualized rate of 262%,  from $50 in 2017 to $30.9k in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Solomon Islands exported $2.39k to Saudi Arabia. The main products exported from Solomon Islands to Saudi Arabia were Non-Knit Women's Suits ($1.94k) and Non-Knit Men's Suits ($449). During the last 6 years the exports of Solomon Islands to Saudi Arabia have decreased at an annualized rate of 38.4%, from $43.8k in 2017 to $2.39k in 2023.

In 2015, Saudi Arabia exported $30.9k to Solomon Islands. There were not main exports from Saudi Arabia to Solomon Islands in 2015. During the last 5 years the exports of Saudi Arabia to Solomon Islands have increased at an annualized rate of 262%, from $50 in 2020 to $30.9k in 2015.

Exports from Solomon Islands (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Solomon Islands (Flag) (2023)

Market Competitiveness

Color
Solomon Islands
Top Destination
China$305M
Saudi Arabia
Top Destination
China$64.4B

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

In 2023, countries that imported more from Solomon Islands than Saudi Arabia included Fiji ($1.34M) and Samoa ($12.4k).

In 2023, countries that imported more from Saudi Arabia than Solomon Islands included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Solomon Islands (Flag) (2023)

Comparative Advantage Solomon Islands - Saudi Arabia

Flow
Scale

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

During 2023, Solomon Islands had a large net trade with Saudi Arabia in the exports of Textiles ($2.39k).

During 2015, Saudi Arabia had a large net trade with Solomon Islands in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Solomon Islands (Flag) and Saudi Arabia (Flag) (2023)

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