2023
Exports
$1World Rnk 214 / 214
Flag Rnk 259 / 261
falsefalse Singapore
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$68.6MWorld Rnk 182 / 226
Flag Rnk 1 / 775

About

Exports In 2023, Solomon Islands exported $1 in Refined Petroleum, making it the 214th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 259th most exported product in Solomon Islands. The main destination of Refined Petroleum exports from Solomon Islands are: Singapore ($1).

Imports In 2023, Solomon Islands imported $68.6M in Refined Petroleum, becoming the 182nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Solomon Islands. Solomon Islands imports Refined Petroleum primarily from: Singapore ($65M), Malaysia ($2.42M), China ($567k), Australia ($539k), and Antigua and Barbuda ($18.1k).

The fastest growing import markets in Refined Petroleum for Solomon Islands between 2022 and 2023 were Antigua and Barbuda ($18.1k), Chinese Taipei ($4.2k), and Japan ($1.67k).

Latest Trends

Dec 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 Refined Petroleum. 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 (2023)$1
IMPORTS (2023)$68.6M
NET TRADE (2023)-$68.6M

In 2023, Solomon Islands exported $1 in Refined Petroleum. The main destinations of Solomon Islands exports on Refined Petroleum were Singapore ($1).

In 2023, Solomon Islands imported $68.6M in Refined Petroleum, mainly from Singapore ($65M), Malaysia ($2.42M), China ($567k), Australia ($539k), and Antigua and Barbuda ($18.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Solomon Islands WERE (2022 - 2023):
Australia-$2.82k (-100%)
Singapore-$3 (-75%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Solomon Islands's main exporting competitors in Refined Petroleum were:
In 2023, Solomon Islands's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

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

See methodology.

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