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Exports In 2022, Solomon Islands exported $2.54k in Refined Petroleum, making it the 204th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 121st most exported product in Solomon Islands. The main destination of Refined Petroleum exports from Solomon Islands are: Australia ($2.54k) and Singapore ($4).

The fastest growing export markets for Refined Petroleum of Solomon Islands between 2021 and 2022 were Singapore ($4).

Imports In 2022, Solomon Islands imported $116M in Refined Petroleum, becoming the 175th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Solomon Islands. Solomon Islands imports Refined Petroleum primarily from: Singapore ($74.7M), Malaysia ($37.7M), Fiji ($1.26M), Australia ($1.13M), and China ($596k).

The fastest growing import markets in Refined Petroleum for Solomon Islands between 2021 and 2022 were Singapore ($24.6M), Malaysia ($12.7M), and Fiji ($1.25M).

Latest Trends

Aug 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 Refined Petroleum. 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

Color
EXPORTS (2022)$2.54k
IMPORTS (2022)$116M
NET TRADE (2022)-$116M

In 2022, Solomon Islands exported $2.54k in Refined Petroleum. The main destinations of Solomon Islands exports on Refined Petroleum were Australia ($2.54k) and Singapore ($4).

In 2022, Solomon Islands imported $116M in Refined Petroleum, mainly from Singapore ($74.7M), Malaysia ($37.7M), Fiji ($1.26M), Australia ($1.13M), and China ($596k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Solomon Islands WERE (2021 - 2022):Singapore$4 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Solomon Islands WERE (2021 - 2022):
Papua New Guinea-$81.4k (-100%)
Australia-$2.46k (-49.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Solomon Islands's main exporting competitors in Refined Petroleum were:
In 2022, Solomon Islands's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

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

See methodology.

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