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2023
Flag → Flag
Exports $6.53MRnk 11 / 70
2023
Flag → Flag
Top Product $5.86MGold
2023
Flag → Flag
Exports $11.8MRnk 134 / 198
2023
Flag → Flag
Top Product $6.48MBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
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GDP$1.63BCURRENT US$
Rnk 179 / 195
2013-2023
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GDP GROWTH27%CURRENT US$
Rnk 121 / 195
2023
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 GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
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GDP GROWTH38.1%CURRENT US$
Rnk 97 / 195
2023
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GDP PC $2,042CURRENT US$
Rnk 158 / 195
2013-2023
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GDP PC GROWTH-5.54%CURRENT US$
Rnk 160 / 195
2023
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GDP PC$50,532CURRENT US$
Rnk 25 / 196
2013-2023
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GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195

About

Solomon Islands-Hong Kong Trade: In 2023, Solomon Islands exported $6.53M to Hong Kong. The main products that Solomon Islands exported to Hong Kong were Gold ($5.86M), Scrap Aluminium ($329k), and Processed Crustaceans ($228k). Over the past 5 years the exports of Solomon Islands to Hong Kong have decreased at an annualized rate of 9.52%, from $10.8M in 2018 to $6.53M in 2023.

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

Hong Kong-Solomon Islands Trade: In 2023, Hong Kong exported $11.8M to Solomon Islands. The main products that Hong Kong exported to Solomon Islands were Broadcasting Equipment ($6.48M), Electrical Transformers ($1.13M), and Telephones ($1.04M). Over the past 5 years the exports of Hong Kong to Solomon Islands have decreased at an annualized rate of 5.62%,  from $16.8M in 2018 to $11.8M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Solomon Islands exported $6.53M to Hong Kong. The main products exported from Solomon Islands to Hong Kong were Gold ($5.86M), Scrap Aluminium ($329k), and Processed Crustaceans ($228k). During the last 5 years the exports of Solomon Islands to Hong Kong have decreased at an annualized rate of 9.52%, from $10.8M in 2018 to $6.53M in 2023.

In 2018, Hong Kong exported $11.8M to Solomon Islands. The main products exported from Hong Kong to Solomon Islands were Broadcasting Equipment ($6.48M), Electrical Transformers ($1.13M), and Telephones ($1.04M). During the last 5 years the exports of Hong Kong to Solomon Islands have decreased at an annualized rate of 5.62%, from $16.8M in 2023 to $11.8M in 2018.

Exports from Solomon Islands (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Solomon Islands (Flag) (2023)

Latest Data

Trade between Solomon Islands (Flag) and Hong Kong (Flag)

Solomon Islands Exports

Hong Kong Exports

Market Competitiveness

Color
Solomon Islands
Top DestinationChina$305M
Hong Kong
Top DestinationChina$25.3B

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

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

In 2023, countries that imported more from Hong Kong than Solomon Islands included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and Solomon Islands (Flag) (2023)

Comparative Advantage Solomon Islands - Hong Kong

Flow
Scale

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

During 2023, Solomon Islands had a large net trade with Hong Kong in the exports of Precious Metals ($5.86M), Metals ($329k), and Foodstuffs ($228k).

During 2018, Hong Kong had a large net trade with Solomon Islands in the exports of Machines ($10.7M), Miscellaneous ($427k), and Transportation ($221k).

Economic Complexity

Competitive Landscape

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

Product Space of Solomon Islands (Flag) and Hong Kong (Flag) (2023)

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