Solomon Islands (SLB) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Solomon Islands-Philippines Trade: In 2022, Solomon Islands exported $5.8M to Philippines. The main products that Solomon Islands exported to Philippines were Copra ($4.99M), Sawn Wood ($410k), and Veneer Sheets ($314k). Over the past 5 years the exports of Solomon Islands to Philippines have decreased at an annualized rate of 28%, from $30.1M in 2017 to $5.8M in 2022.

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

Philippines-Solomon Islands Trade: In 2022, Philippines exported $3.76M to Solomon Islands. The main products that Philippines exported to Solomon Islands were Aluminium Cans ($1.84M), Twine and Rope ($347k), and Baked Goods ($285k). Over the past 5 years the exports of Philippines to Solomon Islands have increased at an annualized rate of 11.6%, from $2.17M in 2017 to $3.76M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Solomon Islands exported $5.8M to Philippines. The main products exported from Solomon Islands to Philippines were Copra ($4.99M), Sawn Wood ($410k), and Veneer Sheets ($314k). During the last 5 years the exports of Solomon Islands to Philippines have decreased at an annualized rate of 28%, from $30.1M in 2017 to $5.8M in 2022.

In 2017, Philippines exported $3.76M to Solomon Islands. The main products exported from Philippines to Solomon Islands were Aluminium Cans ($1.84M), Twine and Rope ($347k), and Baked Goods ($285k). During the last 5 years the exports of Philippines to Solomon Islands have increased at an annualized rate of 11.6%, from $2.17M in 2022 to $3.76M in 2017.

Exports from Solomon Islands () to Philippines () (2022)

Exports from Philippines () to Solomon Islands () (2022)

Latest Data

Trade between Solomon Islands () and Philippines ()

Solomon Islands Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Solomon Islands
Top DestinationChina$260M

Philippines
Top DestinationUnited States$15.5B

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

In 2022, no countries were registered that imported more from Solomon Islands than from Philippines.

In 2022, countries that imported more from Philippines than Solomon Islands included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

Difference in imports from Philippines () and Solomon Islands () (2022)

Comparative Advantage Solomon Islands - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Solomon Islands had a large net trade with Philippines in the exports of Vegetable Products ($4.99M), Wood Products ($723k), and Plastics and Rubbers ($84.2k).

During 2017, Philippines had a large net trade with Solomon Islands in the exports of Metals ($1.86M), Foodstuffs ($809k), and Textiles ($523k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Solomon Islands () to Philippines () (2022)

Exports from Philippines () to Solomon Islands () (2022)

Latest Data

Trade between Solomon Islands () and Philippines ()

Solomon Islands Exports

Philippines Exports

Market Competitiveness

Difference in imports from Philippines () and Solomon Islands () (2022)

Comparative Advantage Solomon Islands - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Solomon Islands () and Philippines () (2022)

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