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2022
Flag → Flag
Exports $6.58MRnk 12 / 73
2022
Flag → Flag
Top Product $5.72MCocoa Beans
2022
Flag → Flag
Exports $61.5MRnk 113 / 218
2022
Flag → Flag
Top Product $37.7MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$1.6BCURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP GROWTH34.6%CURRENT US$
Rnk 91 / 186
2022
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 GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC $2,203CURRENT US$
Rnk 144 / 186
2012-2022
Flag
GDP PC GROWTH5.54%CURRENT US$
Rnk 128 / 186
2022
Flag
GDP PC$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Solomon Islands-Malaysia Trade: In 2022, Solomon Islands exported $6.58M to Malaysia. The main products that Solomon Islands exported to Malaysia were Cocoa Beans ($5.72M), Sawn Wood ($553k), and Other Vegetable Residues ($114k). Over the past 5 years the exports of Solomon Islands to Malaysia have decreased at an annualized rate of 12.2%, from $12.6M in 2017 to $6.58M in 2022.

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

Malaysia-Solomon Islands Trade: In 2022, Malaysia exported $61.5M to Solomon Islands. The main products that Malaysia exported to Solomon Islands were Refined Petroleum ($37.7M), Large Construction Vehicles ($2.41M), and Soybean Oil ($2.13M). Over the past 5 years the exports of Malaysia to Solomon Islands have decreased at an annualized rate of 3.82%,  from $74.7M in 2017 to $61.5M in 2022.

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

Comparison In 2022,  Solomon Islands ranked 171 in total exports ($508M), and does not have data regarding Economic Complexity Index. That same year, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Solomon Islands exported $6.58M to Malaysia. The main products exported from Solomon Islands to Malaysia were Cocoa Beans ($5.72M), Sawn Wood ($553k), and Other Vegetable Residues ($114k). During the last 5 years the exports of Solomon Islands to Malaysia have decreased at an annualized rate of 12.2%, from $12.6M in 2017 to $6.58M in 2022.

In 2017, Malaysia exported $61.5M to Solomon Islands. The main products exported from Malaysia to Solomon Islands were Refined Petroleum ($37.7M), Large Construction Vehicles ($2.41M), and Soybean Oil ($2.13M). During the last 5 years the exports of Malaysia to Solomon Islands have decreased at an annualized rate of 3.82%, from $74.7M in 2022 to $61.5M in 2017.

Exports from Solomon Islands (Flag) to Malaysia (Flag) (2022)

Exports from Malaysia (Flag) to Solomon Islands (Flag) (2022)

Latest Data

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

Solomon Islands Exports

Malaysia Exports

Market Competitiveness

Color
Solomon Islands
Top DestinationN/AN/A
Malaysia
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage Solomon Islands - Malaysia

Flow
Scale

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

During 2022, Solomon Islands had a large net trade with Malaysia in the exports of Foodstuffs ($5.83M), Wood Products ($553k), and Vegetable Products ($107k).

During 2017, Malaysia had a large net trade with Solomon Islands in the exports of Mineral Products ($38M), Machines ($8.29M), and Foodstuffs ($4.99M).

Economic Complexity

Competitive Landscape

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

Product Space of Solomon Islands (Flag) and Malaysia (Flag) (2022)

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