India (IND) and Solomon Islands (SLB) Trade | The Observatory of Economic Complexity

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India-Solomon Islands Trade: In 2023, India exported $3.37M to Solomon Islands. The main products that India exported to Solomon Islands were Packaged Medicaments ($1.06M), Buses ($508k), and Vaccines, blood, antisera, toxins and cultures ($276k). Over the past 5 years the exports of India to Solomon Islands have increased at an annualized rate of 3.66%, from $2.81M in 2018 to $3.37M in 2023.

In 2023, India did not export any services to Solomon Islands.

Solomon Islands-India Trade: In 2023, Solomon Islands exported $7.53M to India. The main products that Solomon Islands exported to India were Rough Wood ($7.41M) and Scrap Iron ($117k). Over the past 5 years the exports of Solomon Islands to India have decreased at an annualized rate of 39.8%, from $95.3M in 2018 to $7.53M in 2023.

In 2023, Solomon Islands did not export any services to India.

Comparison In 2023, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Solomon Islands ranked 168 in total exports ($548M), and does not have data regarding Economic Complexity Index.

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Overview In N/A, India exported $N/A and imported $N/A from Solomon Islands, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of India have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of India to Solomon Islands were Computer Hardware, Peripherals ($53.5k), Telecom Instruments ($27.3k), Jute Hessian ($27k), Cereal Preparations ($24.2k), and Drug Formulations, Biologicals ($17.7k). In N/A the top imports of India from Solomon Islands were Other Wood And Wood Products ($1.37M) and Iron And Steel ($16.4k).

Growth In N/A, the N/A in India's year-by-year exports to Solomon Islands was explained primarily by an decrease in product exports in Drug Formulations, Biologicals ($-37.6k or -68.1%), Electronics Instruments ($-19.8k or -72%), and Electronics Components ($-2.29k or -92.6%). In N/A, the N/A in India's year-by-year imports from Solomon Islands was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

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Exports

Imports

Value

Trade Value

Growth

Growth (%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Solomon Islands and India trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, India exported $3.37M to Solomon Islands. The main products exported from India to Solomon Islands were Packaged Medicaments ($1.06M), Buses ($508k), and Vaccines, blood, antisera, toxins and cultures ($276k). During the last 5 years the exports of India to Solomon Islands have increased at an annualized rate of 3.66%, from $2.81M in 2018 to $3.37M in 2023.

In 2018, Solomon Islands exported $7.53M to India. The main products exported from Solomon Islands to India were Rough Wood ($7.41M) and Scrap Iron ($117k). During the last 5 years the exports of Solomon Islands to India have decreased at an annualized rate of 39.8%, from $95.3M in 2023 to $7.53M in 2018.

Exports from India () to Solomon Islands () (2023)

Exports from Solomon Islands () to India () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$85.5B

Solomon Islands
Top DestinationChina$305M

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

In 2023, countries that imported more from India than Solomon Islands included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, no countries were registered that imported more from Solomon Islands than from India.

Difference in imports from Solomon Islands () and India () (2023)

Comparative Advantage India - Solomon Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, India had a large net trade with Solomon Islands in the exports of Chemical Products ($1.36M), Transportation ($623k), and Foodstuffs ($493k).

During 2018, Solomon Islands had a large net trade with India in the exports of Wood Products ($7.41M) and Metals ($117k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of India and Solomon Islands. This means that a dot/product with the flag of India 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 India.

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from India () to Solomon Islands () (2023)

Exports from Solomon Islands () to India () (2023)

Market Competitiveness

Difference in imports from Solomon Islands () and India () (2023)

Comparative Advantage India - Solomon Islands

Economic Complexity

Competitive Landscape

Product Space of India () and Solomon Islands () (2023)

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