2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 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 
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 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

Mongolia-Solomon Islands In 2018, Mongolia exported $11.1k to Solomon Islands. The main products that Mongolia exported to Solomon Islands are N/A. During the last 2 years the exports of Mongolia to Solomon Islands have increased at an annualized rate of 255%, from $884 in 2016 to $11.1k in 2018.

In 2018, Mongolia did not export any services to Solomon Islands.

Solomon Islands-Mongolia In 2018, Solomon Islands exported $478 to Mongolia. The main products that Solomon Islands exported to Mongolia were Harvesting Machinery ($478). During the last 2 years the exports of Solomon Islands to Mongolia have decreased at an annualized rate of 4.94%, from $529 in 2016 to $478 in 2018.

In 2018, Solomon Islands did not export any services to Mongolia.

Comparison In 2022,  Mongolia ranked 110 in the Economic Complexity Index (ECI -1.14),  and 94 in total exports ($13.6B). 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 2018, Mongolia exported $11.1k to Solomon Islands. There were not main exports from Mongolia to Solomon Islands in 2018. During the last 2 years the exports of Mongolia to Solomon Islands have increased at an annualized rate of 255%, from $884 in 2016 to $11.1k in 2018.

In 2022, Solomon Islands exported $478 to Mongolia. The main products exported from Solomon Islands to Mongolia were Harvesting Machinery ($478). During the last 6 years the exports of Solomon Islands to Mongolia have decreased at an annualized rate of 4.94%, from $529 in 2016 to $478 in 2022.

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

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

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Solomon Islands
Top Destination
China$260M

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

In 2021, countries that imported more from Mongolia than Solomon Islands were China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

In 2021, countries that imported more from Solomon Islands than Mongolia were India ($45.1M), Australia ($23.2M), and Netherlands ($19.2M).

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

Comparative Advantage Mongolia - Solomon Islands

Flow
Scale

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

During 2018, Mongolia had a large net trade with Solomon Islands in the exports of .

During 2022, Solomon Islands had a large net trade with Mongolia in the exports of Machines ($478).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Mongolia has comparative advantage over Solomon Islands. Similarly, the more yellow a dot/product is, the more Solomon Islands has comparative advantage over Mongolia.

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

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