2023
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GDP
$4.2TCURRENT US$
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2013-2023
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GDP GROWTH
-19.3%CURRENT US$
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2023
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 GDP
$1.63BCURRENT US$
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2013-2023
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GDP GROWTH
27%CURRENT US$
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2023
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GDP PC 
$33,767CURRENT US$
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2013-2023
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GDP PC GROWTH
-17.4%CURRENT US$
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2023
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GDP PC
$2,042CURRENT US$
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2013-2023
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GDP PC GROWTH
-5.54%CURRENT US$
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About

Japan-Solomon Islands Trade: In 2023, Japan exported $19M to Solomon Islands. The main products that Japan exported to Solomon Islands were Cars ($5.7M), Delivery Trucks ($3.68M), and Buses ($3.46M). Over the past 5 years the exports of Japan to Solomon Islands have decreased at an annualized rate of 7.34%, from $27.9M in 2018 to $19M in 2023.

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

Solomon Islands-Japan Trade: In 2023, Solomon Islands exported $1.41M to Japan. The main products that Solomon Islands exported to Japan were Animal Meal and Pellets ($1.37M), Collector's Items ($23k), and Other Animals ($15k). Over the past 5 years the exports of Solomon Islands to Japan have decreased at an annualized rate of 25.3%,  from $6.05M in 2018 to $1.41M in 2023.

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

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). That same year, Solomon Islands ranked 168 in total exports ($548M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $19M to Solomon Islands. The main products exported from Japan to Solomon Islands were Cars ($5.7M), Delivery Trucks ($3.68M), and Buses ($3.46M). During the last 5 years the exports of Japan to Solomon Islands have decreased at an annualized rate of 7.34%, from $27.9M in 2018 to $19M in 2023.

In 2018, Solomon Islands exported $1.41M to Japan. The main products exported from Solomon Islands to Japan were Animal Meal and Pellets ($1.37M), Collector's Items ($23k), and Other Animals ($15k). During the last 5 years the exports of Solomon Islands to Japan have decreased at an annualized rate of 25.3%, from $6.05M in 2023 to $1.41M in 2018.

Exports from Japan (Flag) to Solomon Islands (Flag) (2023)

Exports from Solomon Islands (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top Destination
United States$143B
Solomon Islands
Top Destination
China$305M

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

In 2023, countries that imported more from Japan than Solomon Islands included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Difference in imports from Solomon Islands (Flag) and Japan (Flag) (2023)

Comparative Advantage Japan - Solomon Islands

Flow
Scale

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

During 2023, Japan had a large net trade with Solomon Islands in the exports of Transportation ($12.9M), Machines ($3.32M), and Textiles ($744k).

During 2018, Solomon Islands had a large net trade with Japan in the exports of Foodstuffs ($1.37M), Arts and Antiques ($23k), and Animal Products ($15k).

Economic Complexity

Competitive Landscape

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

Product Space of Japan (Flag) and Solomon Islands (Flag) (2023)

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