2023
Flag  
GDP
$1.63BCURRENT US$
Rnk 179 / 195
2013-2023
Flag
GDP GROWTH
27%CURRENT US$
Rnk 121 / 195
2023
Flag
 GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC 
$2,042CURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP PC GROWTH
-5.54%CURRENT US$
Rnk 160 / 195
2023
Flag
GDP PC
$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

Solomon Islands-United Kingdom Trade: In 2023, Solomon Islands exported $371k to United Kingdom. The main products that Solomon Islands exported to United Kingdom were Broadcasting Equipment ($79.2k), Cocoa Beans ($77.1k), and Orthopedic Appliances ($54.1k). Over the past 5 years the exports of Solomon Islands to United Kingdom have decreased at an annualized rate of 53.8%, from $17.6M in 2018 to $371k in 2023.

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

United Kingdom-Solomon Islands Trade: In 2023, United Kingdom exported $599k to Solomon Islands. The main products that United Kingdom exported to Solomon Islands were Broadcasting Equipment ($155k), Coated Flat-Rolled Iron ($139k), and Tobacco Processing Machines ($64.6k). Over the past 5 years the exports of United Kingdom to Solomon Islands have decreased at an annualized rate of 31%,  from $3.82M in 2018 to $599k in 2023.

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

Comparison In 2023,  Solomon Islands ranked 168 in total exports ($548M), and does not have data regarding Economic Complexity Index. That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Solomon Islands exported $371k to United Kingdom. The main products exported from Solomon Islands to United Kingdom were Broadcasting Equipment ($79.2k), Cocoa Beans ($77.1k), and Orthopedic Appliances ($54.1k). During the last 5 years the exports of Solomon Islands to United Kingdom have decreased at an annualized rate of 53.8%, from $17.6M in 2018 to $371k in 2023.

In 2018, United Kingdom exported $599k to Solomon Islands. The main products exported from United Kingdom to Solomon Islands were Broadcasting Equipment ($155k), Coated Flat-Rolled Iron ($139k), and Tobacco Processing Machines ($64.6k). During the last 5 years the exports of United Kingdom to Solomon Islands have decreased at an annualized rate of 31%, from $3.82M in 2023 to $599k in 2018.

Exports from Solomon Islands (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Solomon Islands (Flag) (2023)

Latest Data

Trade between Solomon Islands (Flag) and United Kingdom (Flag)

Solomon Islands Exports

United Kingdom Exports

Market Competitiveness

Color
Solomon Islands
Top Destination
China$305M
United Kingdom
Top Destination
United States$59.7B

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

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

In 2023, countries that imported more from United Kingdom than Solomon Islands included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Solomon Islands (Flag) (2023)

Comparative Advantage Solomon Islands - United Kingdom

Flow
Scale

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

During 2023, Solomon Islands had a large net trade with United Kingdom in the exports of Machines ($110k), Foodstuffs ($78.5k), and Paper Goods ($60.8k).

During 2018, United Kingdom had a large net trade with Solomon Islands in the exports of Machines ($317k), Metals ($139k), and Instruments ($35.6k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Solomon Islands and United Kingdom. This means that a dot/product with the flag of Solomon Islands indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Solomon Islands.

Product Space of Solomon Islands (Flag) and United Kingdom (Flag) (2023)

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