2022
Flag
 GDP
$1.6BCURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP GROWTH
34.6%CURRENT US$
Rnk 91 / 186
2022
Flag
GDP PC
$2,203CURRENT US$
Rnk 144 / 186
2012-2022
Flag
GDP PC GROWTH
5.54%CURRENT US$
Rnk 128 / 186

About

In N/A, Venezuela did not export any services to Solomon Islands.

Solomon Islands-Venezuela Trade: In N/A, Solomon Islands exported $402k to Venezuela. The main products that Solomon Islands exported to Venezuela were N/A. Over the past N/A years the exports of Solomon Islands to Venezuela have increased at an annualized rate of 72.9%,  from $8.68k in N/A to $402k in N/A.

In N/A, Solomon Islands did not export any services to Venezuela.

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87),  and 132 in total exports ($4.3B). That same year, Solomon Islands ranked 171 in total exports ($508M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Venezuela does not register exports to Solomon Islands.

In 2008, Solomon Islands exported $402k to Venezuela. There were not main exports from Solomon Islands to Venezuela in 2008. During the last 5 years the exports of Solomon Islands to Venezuela have increased at an annualized rate of 72.9%, from $8.68k in 2013 to $402k in 2008.

Exports from Venezuela (Flag) to Solomon Islands (Flag) (2013)

Exports from Solomon Islands (Flag) to Venezuela (Flag) (2013)

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Solomon Islands
Top Destination
China$260M

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

In 2022, countries that imported more from Venezuela than Solomon Islands included Turkey ($597M), Spain ($518M), and China ($703M).

In 2022, countries that imported more from Solomon Islands than Venezuela included Australia ($23.2M), Switzerland ($16.4M), and New Zealand ($7.91M).

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

Comparative Advantage Venezuela - Solomon Islands

Flow
Scale

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

During 2008, Solomon Islands had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Venezuela (Flag) and Solomon Islands (Flag) (2013)

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