In 2019, Solomon Islands exported a total of $637M, making it the number 163 exporter in the world. During the last five reported years the exports of Solomon Islands have changed by -$20.9M from $658M in 2014 to $637M in 2019.
In 2019 Solomon Islands imported $405M, making it the number 191 trade destination in the world. During the last five reported years the imports of Solomon Islands changed by -$61.8M from $466M in 2014 to $405M in 2019.
In 2018, Solomon Islands exported $145M worth of services. The top services exported by Solomon Islands in 2018 were Personal travel ($57.3M), Business travel ($23.7M), Air transport ($20.8M), Sea transport ($17.6M), and Other business services ($14.2M).
The top services imported by Solomon Islands in 2018 were Sea transport ($47.3M), Other business services ($46M), Personal travel ($30.5M), Business travel ($22.5M), and Government services, n.i.e. ($21.7M).
The top export opportunities for Solomon Islands according to the relatedness index, are Crude Petroleum (0.045), Coconuts, Brazil Nuts, and Cashews (0.041), Crustaceans (0.041), Gold (0.04), and Fish Fillets (0.037). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Solomon Islands is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.