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2023
Flag → Flag
Exports $73.8MRnk 95 / 217
2023
Flag → Flag
Top Product $65MRefined Petroleum
2023
Flag → Flag
Exports $61.1kRnk 26 / 70
2023
Flag → Flag
Top Product $13.2kValves
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag  
GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP$1.63BCURRENT US$
Rnk 179 / 195
2013-2023
Flag
GDP GROWTH27%CURRENT US$
Rnk 121 / 195
2023
Flag
GDP PC $84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC$2,042CURRENT US$
Rnk 158 / 196
2013-2023
Flag
GDP PC GROWTH-5.54%CURRENT US$
Rnk 160 / 195

About

Singapore-Solomon Islands Trade: In 2023, Singapore exported $73.8M to Solomon Islands. The main products that Singapore exported to Solomon Islands were Refined Petroleum ($65M), Small Iron Containers ($920k), and Excavation Machinery ($598k). Over the past 5 years the exports of Singapore to Solomon Islands have decreased at an annualized rate of 5.86%, from $99.8M in 2018 to $73.8M in 2023.

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

Solomon Islands-Singapore Trade: In 2023, Solomon Islands exported $61.1k to Singapore. The main products that Solomon Islands exported to Singapore were Valves ($13.2k), Electric Soldering Equipment ($11.7k), and Coin ($10.2k). Over the past 5 years the exports of Solomon Islands to Singapore have decreased at an annualized rate of 61.2%,  from $6.94M in 2018 to $61.1k in 2023.

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

Comparison In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62),  and 24 in total exports ($333B). 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, Singapore exported $73.8M to Solomon Islands. The main products exported from Singapore to Solomon Islands were Refined Petroleum ($65M), Small Iron Containers ($920k), and Excavation Machinery ($598k). During the last 5 years the exports of Singapore to Solomon Islands have decreased at an annualized rate of 5.86%, from $99.8M in 2018 to $73.8M in 2023.

In 2018, Solomon Islands exported $61.1k to Singapore. The main products exported from Solomon Islands to Singapore were Valves ($13.2k), Electric Soldering Equipment ($11.7k), and Coin ($10.2k). During the last 5 years the exports of Solomon Islands to Singapore have decreased at an annualized rate of 61.2%, from $6.94M in 2023 to $61.1k in 2018.

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

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

Latest Data

Trade between Singapore (Flag) and Solomon Islands (Flag)

Singapore Exports

Solomon Islands Exports

Date

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$44.5B
Solomon Islands
Top DestinationChina$305M

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

In 2023, countries that imported more from Singapore than Solomon Islands included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

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

Comparative Advantage Singapore - Solomon Islands

Flow
Scale

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

During 2023, Singapore had a large net trade with Solomon Islands in the exports of Mineral Products ($65.1M), Machines ($2.69M), and Metals ($1.63M).

During 2018, Solomon Islands had a large net trade with Singapore in the exports of Machines ($34.1k), Precious Metals ($14.7k), and Animal Hides ($4.44k).

Economic Complexity

Competitive Landscape

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

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

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