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Exports In 2022, Solomon Islands exported $37.5M in Palm Oil, making it the 41st largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 3rd most exported product in Solomon Islands. The main destination of Palm Oil exports from Solomon Islands are: Netherlands ($16.9M), United Kingdom ($14.3M), and Switzerland ($6.23M).

The fastest growing export markets for Palm Oil of Solomon Islands between 2021 and 2022 were United Kingdom ($9.08M) and Switzerland ($1.38M).

Imports In 2022, Solomon Islands imported $4.6M in Palm Oil, becoming the 142nd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 25th most imported product in Solomon Islands. Solomon Islands imports Palm Oil primarily from: Indonesia ($3.97M), Malaysia ($510k), and Singapore ($116k).

The fastest growing import markets in Palm Oil for Solomon Islands between 2021 and 2022 were Indonesia ($1.47M), Malaysia ($401k), and Singapore ($90.1k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
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 Palm Oil. 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)$37.5M
IMPORTS (2022)$4.6M
NET TRADE (2022)$32.9M

In 2022, Solomon Islands exported $37.5M in Palm Oil. The main destinations of Solomon Islands exports on Palm Oil were Netherlands ($16.9M), United Kingdom ($14.3M), and Switzerland ($6.23M).

In 2022, Solomon Islands imported $4.6M in Palm Oil, mainly from Indonesia ($3.97M), Malaysia ($510k), and Singapore ($116k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Solomon Islands WERE (2021 - 2022):
United Kingdom$9.08M (172%)
Switzerland$1.38M (28.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Solomon Islands WERE (2021 - 2022):
India-$3.24M (-100%)
Netherlands-$56.7k (-0.33%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Solomon Islands's main exporting competitors in Palm Oil were:
In 2022, Solomon Islands's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

Palm Oil’s highest export potential is N/A. With an export gap of N/A.   Palm Oil’s highest import potential is N/A with an import gap of N/A.

See methodology.

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