2023
Exports
$25.7MWorld Rnk 41 / 150
Flag Rnk 5 / 261
falsefalse Netherlands
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$3.43MWorld Rnk 141 / 206
Flag Rnk 40 / 775

About

Exports In 2023, Solomon Islands exported $25.7M in Palm Oil, making it the 41st largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 5th most exported product in Solomon Islands. The main destination of Palm Oil exports from Solomon Islands are: Netherlands ($19.3M), Switzerland ($5.22M), and Spain ($1.12M).

The fastest growing export markets for Palm Oil of Solomon Islands between 2022 and 2023 were Spain ($1.12M) and Netherlands ($27.8k).

Imports In 2023, Solomon Islands imported $3.43M in Palm Oil, becoming the 141st largest importer of Palm Oil in the world. At the same year, Palm Oil was the 40th most imported product in Solomon Islands. Solomon Islands imports Palm Oil primarily from: Indonesia ($3.04M), Malaysia ($391k), and Singapore ($322).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$25.7M
IMPORTS (2023)$3.43M
NET TRADE (2023)$22.2M

In 2023, Solomon Islands exported $25.7M in Palm Oil. The main destinations of Solomon Islands exports on Palm Oil were Netherlands ($19.3M), Switzerland ($5.22M), and Spain ($1.12M).

In 2023, Solomon Islands imported $3.43M in Palm Oil, mainly from Indonesia ($3.04M), Malaysia ($391k), and Singapore ($322).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Solomon Islands WERE (2022 - 2023):
Spain$1.12M (1%)
Netherlands$27.8k (0.14%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Solomon Islands WERE (2022 - 2023):
United Kingdom-$16.3M (-100%)
Switzerland-$1.01M (-16.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Solomon Islands's main exporting competitors in Palm Oil were:
In 2023, Solomon Islands's main importing competitors in Palm Oil were:
India $8.7B
China $4.85B

Explore Visualizations

Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
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.

Subscribe today to OEC pro and access the latest data

Sign Up

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