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$247BCURRENT US$
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40.3%CURRENT US$
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$1.6BCURRENT US$
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34.6%CURRENT US$
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$48,249CURRENT US$
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20.7%CURRENT US$
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$2,203CURRENT US$
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About

New Zealand-Solomon Islands Trade: In 2022, New Zealand exported $20.4M to Solomon Islands. The main products that New Zealand exported to Solomon Islands were Raw Sugar ($3.45M), Concentrated Milk ($2.33M), and Broadcasting Equipment ($1.58M). Over the past 5 years the exports of New Zealand to Solomon Islands have decreased at an annualized rate of 16.4%, from $49.8M in 2017 to $20.4M in 2022.

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

Solomon Islands-New Zealand Trade: In 2022, Solomon Islands exported $7.91M to New Zealand. The main products that Solomon Islands exported to New Zealand were Sawn Wood ($6.14M), Coconut Oil ($702k), and Shaped Wood ($468k). Over the past 5 years the exports of Solomon Islands to New Zealand have increased at an annualized rate of 2.29%,  from $7.06M in 2017 to $7.91M in 2022.

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

Comparison In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46),  and 64 in total exports ($46.5B). 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, New Zealand exported $20.4M to Solomon Islands. The main products exported from New Zealand to Solomon Islands were Raw Sugar ($3.45M), Concentrated Milk ($2.33M), and Broadcasting Equipment ($1.58M). During the last 5 years the exports of New Zealand to Solomon Islands have decreased at an annualized rate of 16.4%, from $49.8M in 2017 to $20.4M in 2022.

In 2017, Solomon Islands exported $7.91M to New Zealand. The main products exported from Solomon Islands to New Zealand were Sawn Wood ($6.14M), Coconut Oil ($702k), and Shaped Wood ($468k). During the last 5 years the exports of Solomon Islands to New Zealand have increased at an annualized rate of 2.29%, from $7.06M in 2022 to $7.91M in 2017.

Exports from New Zealand (Flag) to Solomon Islands (Flag) (2022)

Exports from Solomon Islands (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and Solomon Islands (Flag)

New Zealand Exports

Solomon Islands Exports

Market Competitiveness

Color
New Zealand
Top Destination
N/AN/A
Solomon Islands
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Solomon Islands (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Solomon Islands

Flow
Scale

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

During 2022, New Zealand had a large net trade with Solomon Islands in the exports of Machines ($5.12M), Animal Products ($4.81M), and Foodstuffs ($4.55M).

During 2017, Solomon Islands had a large net trade with New Zealand in the exports of Wood Products ($6.61M), Animal and Vegetable Bi-Products ($702k), and Foodstuffs ($417k).

Economic Complexity

Competitive Landscape

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

Product Space of New Zealand (Flag) and Solomon Islands (Flag) (2022)

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