2023
Flag  
GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 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 
$7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 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

Thailand-Solomon Islands Trade: In 2023, Thailand exported $15.1M to Solomon Islands. The main products that Thailand exported to Solomon Islands were Small Iron Containers ($3.22M), Raw Sugar ($3.01M), and Metal Stoppers ($1.73M). Over the past 5 years the exports of Thailand to Solomon Islands have decreased at an annualized rate of 4.59%, from $19.1M in 2018 to $15.1M in 2023.

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

Solomon Islands-Thailand Trade: In 2023, Solomon Islands exported $18.2M to Thailand. The main products that Solomon Islands exported to Thailand were Non-fillet Frozen Fish ($18.1M), Scrap Aluminium ($64.4k), and Other Animals ($14k). Over the past 5 years the exports of Solomon Islands to Thailand have decreased at an annualized rate of 7.35%,  from $26.7M in 2018 to $18.2M in 2023.

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

Comparison In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96),  and 25 in total exports ($332B). 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, Thailand exported $15.1M to Solomon Islands. The main products exported from Thailand to Solomon Islands were Small Iron Containers ($3.22M), Raw Sugar ($3.01M), and Metal Stoppers ($1.73M). During the last 5 years the exports of Thailand to Solomon Islands have decreased at an annualized rate of 4.59%, from $19.1M in 2018 to $15.1M in 2023.

In 2018, Solomon Islands exported $18.2M to Thailand. The main products exported from Solomon Islands to Thailand were Non-fillet Frozen Fish ($18.1M), Scrap Aluminium ($64.4k), and Other Animals ($14k). During the last 5 years the exports of Solomon Islands to Thailand have decreased at an annualized rate of 7.35%, from $26.7M in 2023 to $18.2M in 2018.

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

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

Latest Data

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

Thailand Exports

Solomon Islands Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$58.5B
Solomon Islands
Top Destination
China$305M

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

In 2023, countries that imported more from Thailand than Solomon Islands included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

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

Comparative Advantage Thailand - Solomon Islands

Flow
Scale

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

During 2023, Thailand had a large net trade with Solomon Islands in the exports of Metals ($5.22M), Foodstuffs ($4.07M), and Transportation ($2.52M).

During 2018, Solomon Islands had a large net trade with Thailand in the exports of Animal Products ($18.2M), Metals ($64.4k), and Paper Goods ($1.18k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Thailand and Solomon Islands. This means that a dot/product with the flag of Thailand 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 Thailand.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with