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2022
Flag → Flag
Exports $43kRnk 36 / 73
2022
Flag → Flag
Top Product $21.2kPrecious Metal Scraps
2022
Flag → Flag
Exports $83.5MRnk 82 / 215
2022
Flag → Flag
Top Product $74.7MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$1.6BCURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP GROWTH34.6%CURRENT US$
Rnk 91 / 186
2022
Flag
 GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC $2,203CURRENT US$
Rnk 144 / 186
2012-2022
Flag
GDP PC GROWTH5.54%CURRENT US$
Rnk 128 / 186
2022
Flag
GDP PC$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

About

Solomon Islands-Singapore Trade: In 2022, Solomon Islands exported $43k to Singapore. The main products that Solomon Islands exported to Singapore were Precious Metal Scraps ($21.2k), Metal-Clad Products ($5.54k), and Other Electrical Machinery ($4.34k). Over the past 5 years the exports of Solomon Islands to Singapore have decreased at an annualized rate of 60.7%, from $4.61M in 2017 to $43k in 2022.

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

Singapore-Solomon Islands Trade: In 2022, Singapore exported $83.5M to Solomon Islands. The main products that Singapore exported to Solomon Islands were Refined Petroleum ($74.7M), Excavation Machinery ($954k), and Small Iron Containers ($896k). Over the past 5 years the exports of Singapore to Solomon Islands have increased at an annualized rate of 0.32%,  from $82.1M in 2017 to $83.5M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Solomon Islands exported $43k to Singapore. The main products exported from Solomon Islands to Singapore were Precious Metal Scraps ($21.2k), Metal-Clad Products ($5.54k), and Other Electrical Machinery ($4.34k). During the last 5 years the exports of Solomon Islands to Singapore have decreased at an annualized rate of 60.7%, from $4.61M in 2017 to $43k in 2022.

In 2017, Singapore exported $83.5M to Solomon Islands. The main products exported from Singapore to Solomon Islands were Refined Petroleum ($74.7M), Excavation Machinery ($954k), and Small Iron Containers ($896k). During the last 5 years the exports of Singapore to Solomon Islands have increased at an annualized rate of 0.32%, from $82.1M in 2022 to $83.5M in 2017.

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

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

Latest Data

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

Solomon Islands Exports

Date

Singapore Exports

Market Competitiveness

Color
Solomon Islands
Top DestinationChina$260M
Singapore
Top DestinationHong Kong$51.6B

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

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

In 2022, countries that imported more from Singapore than Solomon Islands included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Solomon Islands - Singapore

Flow
Scale

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

During 2022, Solomon Islands had a large net trade with Singapore in the exports of Precious Metals ($30.5k), Machines ($7.3k), and Transportation ($2.56k).

During 2017, Singapore had a large net trade with Solomon Islands in the exports of Mineral Products ($74.7M), Machines ($2.55M), and Metals ($1.46M).

Economic Complexity

Competitive Landscape

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

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

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