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2022
Flag → Flag
Exports $61.5MRnk 113 / 218
2022
Flag → Flag
Top Product $37.7MRefined Petroleum
2022
Flag → Flag
Exports $6.58MRnk 12 / 73
2022
Flag → Flag
Top Product $5.72MCocoa Beans
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
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 GDP$1.6BCURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP GROWTH34.6%CURRENT US$
Rnk 91 / 186
2022
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GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$2,203CURRENT US$
Rnk 144 / 186
2012-2022
Flag
GDP PC GROWTH5.54%CURRENT US$
Rnk 128 / 186

About

Malaysia-Solomon Islands Trade: In 2022, Malaysia exported $61.5M to Solomon Islands. The main products that Malaysia exported to Solomon Islands were Refined Petroleum ($37.7M), Large Construction Vehicles ($2.41M), and Soybean Oil ($2.13M). Over the past 5 years the exports of Malaysia to Solomon Islands have decreased at an annualized rate of 3.82%, from $74.7M in 2017 to $61.5M in 2022.

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

Solomon Islands-Malaysia Trade: In 2022, Solomon Islands exported $6.58M to Malaysia. The main products that Solomon Islands exported to Malaysia were Cocoa Beans ($5.72M), Sawn Wood ($553k), and Other Vegetable Residues ($114k). Over the past 5 years the exports of Solomon Islands to Malaysia have decreased at an annualized rate of 12.2%,  from $12.6M in 2017 to $6.58M in 2022.

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

Comparison In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09),  and 22 in total exports ($378B). That same year, Solomon Islands ranked 171 in total exports ($508M), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Malaysia exported MYR9.07M and imported MYR4.93M from Solomon Islands, resulting in a positive trade balance of MYR4.14M. Between July 2023 and July 2024 the exports of Malaysia have decreased by MYR-6.62M (-42.2%) from MYR15.7M to MYR9.07M, while imports increased by MYR2.06M (71.7%) from MYR2.87M to MYR4.93M.

Trade In July 2024, the top exports of Malaysia to Solomon Islands were Refined Petroleum (MYR1.55M), Transmissions (MYR703k), Baked Goods (MYR666k), Cleaning Products (MYR541k), and Coated Metal Soldering Products (MYR316k). In July 2024 the top imports of Malaysia from Solomon Islands were Cocoa Beans (MYR6.14M) and Sawn Wood (MYR89.7k).

Growth In July 2024, the decrease in Malaysia's year-by-year exports to Solomon Islands was explained primarily by an decrease in product exports in Excavation Machinery (MYR-706k or -83.6%), Coffee and Tea Extracts (MYR-532k or -90.2%), and Motor vehicles; parts and accessories (8701... (MYR-319k or -73.8%). In July 2024, the increase in Malaysia's year-by-year imports  from Solomon Islands was explained primarily by an increase in product imports  in Cocoa Beans (MYR4.72M or 332%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)MYR-6.62M(-42.2%)
IMPORT GROWTH (July 2023 - July 2024)MYR2.06M(71.7%)

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

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

For full datasets download visit Bulk Download page.

Explore Solomon Islands and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $61.5M to Solomon Islands. The main products exported from Malaysia to Solomon Islands were Refined Petroleum ($37.7M), Large Construction Vehicles ($2.41M), and Soybean Oil ($2.13M). During the last 5 years the exports of Malaysia to Solomon Islands have decreased at an annualized rate of 3.82%, from $74.7M in 2017 to $61.5M in 2022.

In 2017, Solomon Islands exported $6.58M to Malaysia. The main products exported from Solomon Islands to Malaysia were Cocoa Beans ($5.72M), Sawn Wood ($553k), and Other Vegetable Residues ($114k). During the last 5 years the exports of Solomon Islands to Malaysia have decreased at an annualized rate of 12.2%, from $12.6M in 2022 to $6.58M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationN/AN/A
Solomon Islands
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage Malaysia - Solomon Islands

Flow
Scale

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

During 2022, Malaysia had a large net trade with Solomon Islands in the exports of Mineral Products ($38M), Machines ($8.29M), and Foodstuffs ($4.99M).

During 2017, Solomon Islands had a large net trade with Malaysia in the exports of Foodstuffs ($5.83M), Wood Products ($553k), and Vegetable Products ($107k).

Economic Complexity

Competitive Landscape

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

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

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