2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$1.6BCURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP GROWTH
34.6%CURRENT US$
Rnk 91 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC
$2,203CURRENT US$
Rnk 144 / 186
2012-2022
Flag
GDP PC GROWTH
5.54%CURRENT US$
Rnk 128 / 186

About

Australia-Solomon Islands Trade: In 2022, Australia exported $53.5M to Solomon Islands. The main products that Australia exported to Solomon Islands were Poultry Meat ($6.96M), Wheat ($4.81M), and Used Clothing ($1.84M). Over the past 5 years the exports of Australia to Solomon Islands have decreased at an annualized rate of 12.4%, from $104M in 2017 to $53.5M in 2022.

In 2022, Australia did not export any services to Solomon Islands.

Solomon Islands-Australia Trade: In 2022, Solomon Islands exported $23.2M to Australia. The main products that Solomon Islands exported to Australia were Gold ($16.4M), Sawn Wood ($2.58M), and Oil Seed Flower ($764k). Over the past 5 years the exports of Solomon Islands to Australia have increased at an annualized rate of 10.8%,  from $13.9M in 2017 to $23.2M in 2022.

In 2022, Solomon Islands did not export any services to Australia.

Comparison In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24),  and 16 in total exports ($424B). That same year, Solomon Islands ranked 171 in total exports ($508M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $53.5M to Solomon Islands. The main products exported from Australia to Solomon Islands were Poultry Meat ($6.96M), Wheat ($4.81M), and Used Clothing ($1.84M). During the last 5 years the exports of Australia to Solomon Islands have decreased at an annualized rate of 12.4%, from $104M in 2017 to $53.5M in 2022.

In 2017, Solomon Islands exported $23.2M to Australia. The main products exported from Solomon Islands to Australia were Gold ($16.4M), Sawn Wood ($2.58M), and Oil Seed Flower ($764k). During the last 5 years the exports of Solomon Islands to Australia have increased at an annualized rate of 10.8%, from $13.9M in 2022 to $23.2M in 2017.

Exports from Australia (Flag) to Solomon Islands (Flag) (2022)

Exports from Solomon Islands (Flag) to Australia (Flag) (2022)

Market Competitiveness

Color
Australia
Top Destination
N/AN/A
Solomon Islands
Top Destination
N/AN/A

This map shows whether countries import more from Australia or Solomon Islands. Each country is colored based on the difference in imports they receive from Australia and Solomon Islands or the difference in the growth in imports.

N/A

N/A

Difference in imports from Solomon Islands (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Solomon Islands

Flow
Scale

This chart compares trade between Australia and Solomon Islands by product, considering products traded by both, Australia and Solomon Islands.

During 2022, Australia had a large net trade with Solomon Islands in the exports of Machines ($13.8M), Animal Products ($9.89M), and Vegetable Products ($6.15M).

During 2017, Solomon Islands had a large net trade with Australia in the exports of Precious Metals ($16.4M), Wood Products ($2.75M), and Foodstuffs ($1.95M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Australia and Solomon Islands. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Solomon Islands. Similarly, a dot/product with the flag of Solomon Islands indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and Solomon Islands (Flag) (2022)

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