2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
 GDP
$1.63BCURRENT US$
Rnk 179 / 195
2013-2023
Flag
GDP GROWTH
27%CURRENT US$
Rnk 121 / 195
2023
Flag
GDP PC 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC
$2,042CURRENT US$
Rnk 158 / 196
2013-2023
Flag
GDP PC GROWTH
-5.54%CURRENT US$
Rnk 160 / 195

About

Sweden-Solomon Islands Trade: In 2023, Sweden exported $193k to Solomon Islands. The main products that Sweden exported to Solomon Islands were Chemical Analysis Instruments ($89.7k), Garden Tools ($42.9k), and Sports Equipment ($31.4k). Over the past 5 years the exports of Sweden to Solomon Islands have decreased at an annualized rate of 18.9%, from $548k in 2018 to $193k in 2023.

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

Solomon Islands-Sweden Trade: In 2023, Solomon Islands exported $94 to Sweden. The main products that Solomon Islands exported to Sweden were Base Metal Watches ($94). Over the past 5 years the exports of Solomon Islands to Sweden have decreased at an annualized rate of 18.7%,  from $921 in 2018 to $94 in 2023.

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

Comparison In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53),  and 32 in total exports ($188B). That same year, Solomon Islands ranked 168 in total exports ($548M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $193k to Solomon Islands. The main products exported from Sweden to Solomon Islands were Chemical Analysis Instruments ($89.7k), Garden Tools ($42.9k), and Sports Equipment ($31.4k). During the last 5 years the exports of Sweden to Solomon Islands have decreased at an annualized rate of 18.9%, from $548k in 2018 to $193k in 2023.

In 2018, Solomon Islands exported $94 to Sweden. The main products exported from Solomon Islands to Sweden were Base Metal Watches ($94). During the last 5 years the exports of Solomon Islands to Sweden have decreased at an annualized rate of 18.7%, from $921 in 2023 to $94 in 2018.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B
Solomon Islands
Top Destination
China$305M

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

In 2023, countries that imported more from Sweden than Solomon Islands included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

In 2023, countries that imported more from Solomon Islands than Sweden included Fiji ($1.34M).

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

Comparative Advantage Sweden - Solomon Islands

Flow
Scale

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

During 2023, Sweden had a large net trade with Solomon Islands in the exports of Instruments ($89.7k), Metals ($43.2k), and Miscellaneous ($32.4k).

During 2018, Solomon Islands had a large net trade with Sweden in the exports of Instruments ($94).

Economic Complexity

Competitive Landscape

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

Product Space of Sweden (Flag) and Solomon Islands (Flag) (2023)

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