2023
Flag
 GDP
$1.63BCURRENT US$
Rnk 179 / 195
2013-2023
Flag
GDP GROWTH
27%CURRENT US$
Rnk 121 / 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

Chinese Taipei-Solomon Islands Trade: In 2023, Chinese Taipei exported $27.9M to Solomon Islands. The main products that Chinese Taipei exported to Solomon Islands were Non-fillet Frozen Fish ($20.2M), Rice ($7M), and Salt ($171k). Over the past 5 years the exports of Chinese Taipei to Solomon Islands have decreased at an annualized rate of 12.3%, from $53.9M in 2018 to $27.9M in 2023.

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

Solomon Islands-Chinese Taipei Trade: In 2023, Solomon Islands exported $1.72M to Chinese Taipei. The main products that Solomon Islands exported to Chinese Taipei were Rough Wood ($1.66M), Veneer Sheets ($66.9k), and Cocoa Beans ($738). Over the past 5 years the exports of Solomon Islands to Chinese Taipei have decreased at an annualized rate of 44%,  from $31.3M in 2018 to $1.72M in 2023.

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

Comparison In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2),  and 11 in total exports ($509B). 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, Chinese Taipei exported $27.9M to Solomon Islands. The main products exported from Chinese Taipei to Solomon Islands were Non-fillet Frozen Fish ($20.2M), Rice ($7M), and Salt ($171k). During the last 5 years the exports of Chinese Taipei to Solomon Islands have decreased at an annualized rate of 12.3%, from $53.9M in 2018 to $27.9M in 2023.

In 2018, Solomon Islands exported $1.72M to Chinese Taipei. The main products exported from Solomon Islands to Chinese Taipei were Rough Wood ($1.66M), Veneer Sheets ($66.9k), and Cocoa Beans ($738). During the last 5 years the exports of Solomon Islands to Chinese Taipei have decreased at an annualized rate of 44%, from $31.3M in 2023 to $1.72M in 2018.

Exports from Chinese Taipei (Flag) to Solomon Islands (Flag) (2023)

Exports from Solomon Islands (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Solomon Islands
Top Destination
China$305M

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

In 2023, countries that imported more from Chinese Taipei than Solomon Islands included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

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

Difference in imports from Solomon Islands (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Solomon Islands

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Solomon Islands in the exports of Animal Products ($20.2M), Vegetable Products ($7M), and Machines ($185k).

During 2018, Solomon Islands had a large net trade with Chinese Taipei in the exports of Wood Products ($1.72M), Foodstuffs ($738), and Stone And Glass ($289).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (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