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2023
Flag → Flag
Exports $10.2MRnk 8 / 70
2023
Flag → Flag
Top Product $9.59MCocoa Beans
2023
Flag → Flag
Exports $25.3MRnk 138 / 221
2023
Flag → Flag
Top Product $2.42MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$1.63BCURRENT US$
Rnk 179 / 195
2013-2023
Flag
GDP GROWTH27%CURRENT US$
Rnk 121 / 195
2023
Flag
 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 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
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GDP PC$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Solomon Islands-Malaysia Trade: In 2023, Solomon Islands exported $10.2M to Malaysia. The main products that Solomon Islands exported to Malaysia were Cocoa Beans ($9.59M), Raw Aluminium ($339k), and Sawn Wood ($157k). Over the past 5 years the exports of Solomon Islands to Malaysia have decreased at an annualized rate of 3.6%, from $12.3M in 2018 to $10.2M in 2023.

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

Malaysia-Solomon Islands Trade: In 2023, Malaysia exported $25.3M to Solomon Islands. The main products that Malaysia exported to Solomon Islands were Refined Petroleum ($2.42M), Excavation Machinery ($2.25M), and Baked Goods ($1.93M). Over the past 5 years the exports of Malaysia to Solomon Islands have decreased at an annualized rate of 21%,  from $82.3M in 2018 to $25.3M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Solomon Islands exported $10.2M to Malaysia. The main products exported from Solomon Islands to Malaysia were Cocoa Beans ($9.59M), Raw Aluminium ($339k), and Sawn Wood ($157k). During the last 5 years the exports of Solomon Islands to Malaysia have decreased at an annualized rate of 3.6%, from $12.3M in 2018 to $10.2M in 2023.

In 2018, Malaysia exported $25.3M to Solomon Islands. The main products exported from Malaysia to Solomon Islands were Refined Petroleum ($2.42M), Excavation Machinery ($2.25M), and Baked Goods ($1.93M). During the last 5 years the exports of Malaysia to Solomon Islands have decreased at an annualized rate of 21%, from $82.3M in 2023 to $25.3M in 2018.

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

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

Latest Data

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

Solomon Islands Exports

Malaysia Exports

Market Competitiveness

Color
Solomon Islands
Top DestinationChina$305M
Malaysia
Top DestinationChina$79.8B

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.

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

In 2023, countries that imported more from Malaysia than Solomon Islands included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

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 2023, Solomon Islands had a large net trade with Malaysia in the exports of Foodstuffs ($9.59M), Metals ($456k), and Wood Products ($157k).

During 2018, Malaysia had a large net trade with Solomon Islands in the exports of Machines ($8.12M), Foodstuffs ($4.97M), and Mineral Products ($3.09M).

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) (2023)

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