2022
Exports | Imports
$31.3k | $7.08MWorld Rnk 187 / 221
Flag Rnk 51 / 258
World Rnk 152 / 224
Flag Rnk 10 / 784
2022
PRODUCT COMPLEXITY IN Excavation Machinery
1.1Rnk 137 / 1025

About

Exports In 2022, Solomon Islands exported $31.3k in Excavation Machinery, making it the 187th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 51st most exported product in Solomon Islands. The main destination of Excavation Machinery exports from Solomon Islands are: Canada ($29.1k) and Singapore ($2.15k).

The fastest growing export markets for Excavation Machinery of Solomon Islands between 2021 and 2022 were Canada ($11.6k) and Singapore ($2.15k).

Imports In 2022, Solomon Islands imported $7.08M in Excavation Machinery, becoming the 152nd largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 10th most imported product in Solomon Islands. Solomon Islands imports Excavation Machinery primarily from: China ($3.58M), Malaysia ($1.99M), Singapore ($954k), Australia ($199k), and South Korea ($141k).

The fastest growing import markets in Excavation Machinery for Solomon Islands between 2021 and 2022 were China ($1.57M), New Zealand ($123k), and Australia ($61.4k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Excavation Machinery from Solomon Islands to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Excavation Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$31.3k
IMPORTS (2022)$7.08M
NET TRADE (2022)-$7.05M

In 2022, Solomon Islands exported $31.3k in Excavation Machinery. The main destinations of Solomon Islands exports on Excavation Machinery were Canada ($29.1k) and Singapore ($2.15k).

In 2022, Solomon Islands imported $7.08M in Excavation Machinery, mainly from China ($3.58M), Malaysia ($1.99M), Singapore ($954k), Australia ($199k), and South Korea ($141k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Solomon Islands WERE (2021 - 2022):
Canada$11.6k (66%)
Singapore$2.15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Solomon Islands WERE (2021 - 2022):
Australia-$819 (-100%)
Indonesia-$214 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Solomon Islands's main exporting competitors in Excavation Machinery were:
In 2022, Solomon Islands's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

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