2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 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 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 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

Russia-Solomon Islands Trade: In 2019, Russia exported $298k to Solomon Islands. The main products that Russia exported to Solomon Islands were N/A. Over the past 5 years the exports of Russia to Solomon Islands have increased at an annualized rate of 0.59%, from $290k in 2014 to $298k in 2019.

In 2020, Russia exported services to Solomon Islands worth $51k, with Communications services ($51k) being the largest in terms of value.

Solomon Islands-Russia Trade: In 2019, Solomon Islands exported $16.4k to Russia. The main products that Solomon Islands exported to Russia were N/A. Over the past 5 years the exports of Solomon Islands to Russia have decreased at an annualized rate of 23.7%,  from $63.4k in 2014 to $16.4k in 2019.

In 2019, Solomon Islands did not export any services to Russia.

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). 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 2019, Russia exported $298k to Solomon Islands. There were not main exports from Russia to Solomon Islands in 2019. During the last 5 years the exports of Russia to Solomon Islands have increased at an annualized rate of 0.59%, from $290k in 2014 to $298k in 2019.

In 2016, Solomon Islands exported $16.4k to Russia. There were not main exports from Solomon Islands to Russia in 2016. During the last 5 years the exports of Solomon Islands to Russia have decreased at an annualized rate of 23.7%, from $63.4k in 2021 to $16.4k in 2016.

Exports from Russia (Flag) to Solomon Islands (Flag) (2021)

Exports from Solomon Islands (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top Destination
China$101B
Solomon Islands
Top Destination
China$260M

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

In 2022, countries that imported more from Russia than Solomon Islands included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Solomon Islands than Russia included Fiji ($1.16M).

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

Comparative Advantage Russia - Solomon Islands

Flow
Scale

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

During 2019, Russia had a large net trade with Solomon Islands in the exports of .

During 2016, Solomon Islands had a large net trade with Russia in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Russia (Flag) and Solomon Islands (Flag) (2021)

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