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Exports In 2022, Solomon Islands exported $6.05M in Processed Crustaceans, making it the 70th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 9th most exported product in Solomon Islands. The main destination of Processed Crustaceans exports from Solomon Islands are: Hong Kong ($5.97M), New Zealand ($43.9k), Macau ($17.3k), Australia ($15.8k), and Malaysia ($446).

The fastest growing export markets for Processed Crustaceans of Solomon Islands between 2021 and 2022 were Hong Kong ($5.52M), New Zealand ($43.9k), and Macau ($17.3k).

Imports In 2022, Solomon Islands imported $24.7k in Processed Crustaceans, becoming the 188th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 486th most imported product in Solomon Islands. Solomon Islands imports Processed Crustaceans primarily from: New Zealand ($20.9k), Australia ($3.59k), and South Korea ($205).

The fastest growing import markets in Processed Crustaceans for Solomon Islands between 2021 and 2022 were New Zealand ($5.68k) and South Korea ($88).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Processed Crustaceans. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

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EXPORTS (2022)$6.05M
IMPORTS (2022)$24.7k
NET TRADE (2022)$6.03M

In 2022, Solomon Islands exported $6.05M in Processed Crustaceans. The main destinations of Solomon Islands exports on Processed Crustaceans were Hong Kong ($5.97M), New Zealand ($43.9k), Macau ($17.3k), Australia ($15.8k), and Malaysia ($446).

In 2022, Solomon Islands imported $24.7k in Processed Crustaceans, mainly from New Zealand ($20.9k), Australia ($3.59k), and South Korea ($205).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Solomon Islands WERE (2021 - 2022):
Hong Kong$5.52M (1.21k%)
New Zealand$43.9k (1%)
Macau$17.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Solomon Islands WERE (2021 - 2022):United States-$3.08k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Solomon Islands's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Solomon Islands's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

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Processed Crustaceans’s highest export potential is N/A. With an export gap of N/A.   Processed Crustaceans’s highest import potential is N/A with an import gap of N/A.

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