Solomon Isds (SLB)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Solomon Isds - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | China (CHN) | 66.8% $380.35M | 14.9% $89.41M | 40.1% $469.77M |
| 2 | Australia (AUS) | 0.9% $5.02M | 18.2% $109.58M | 9.8% $114.60M |
| 3 | Singapore (SGP) | 0.9% $5.02M | 16.3% $97.82M | 8.8% $102.84M |
| 4 | Malaysia (MYS) | 1.5% $8.77M | 12.9% $77.79M | 7.4% $86.56M |
| 5 | Italy (ITA) | 7.2% $41.10M | 0.0% $0 | 3.5% $41.10M |
| 6 | Viet Nam (VNM) | 0.7% $4.20M | 4.5% $27.03M | 2.7% $31.23M |
| 7 | India (IND) | 5.1% $28.94M | 0.3% $2.01M | 2.6% $30.95M |
| 8 | New Zealand (NZL) | 0.8% $4.51M | 4.3% $25.64M | 2.6% $30.15M |
| 9 | Japan (JPN) | 0.2% $1.08M | 4.4% $26.52M | 2.4% $27.60M |
| 10 | Thailand (THA) | 2.1% $11.96M | 2.1% $12.72M | 2.1% $24.68M |
- In 2024, Solomon Islands' total trade was $1.2B, consisting of $569.1M in exports and $601.4M in imports, resulting in a trade balance of -$32.3M.
- The country's top export, Wood and articles of wood; wood charcoal, accounted for 75.0% of total exports with a value of $426.7M.
- China was the primary export destination, receiving 66.8% of exports valued at $380.4M, while Australia was the leading source of imports at $109.6M (18.2%).
- The top import category was Mineral fuels and oils, with an import value of $101.5M, making up 16.9% of total imports.
- Globally, Solomon Isds ranked 179th in total trade for the year.
Exports Profile
The export economy of Solomon Isds in 2024 was heavily concentrated on a few key products and partners. The leading export category was Wood and articles of wood; wood charcoal, with shipments valued at $426.7M, which is 75.0% of the nation's total export value. The primary destination for these goods was China, which absorbed $380.4M of the exports. Other notable exports included Meat, fish, crustaceans, molluscs or other aquatic invertebrates, or insects; preparations thereof ($40.8M) and Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes ($32.5M). Italy was the second-largest export partner, receiving goods worth $41.1M.
Imports Profile
On the import side, Solomon Isds brought in $601.4M worth of goods in 2024. The top import category was Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes, with a total value of $101.5M, accounting for 16.9% of all imports. Australia was the top import partner, supplying $109.6M of goods, which represents an 18.2% share. Following Australia, Singapore and China were significant sources of imports, with values of $97.8M and $89.4M, respectively. The second-largest import product group was Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof, at $87.2M.
Exports
Solomon Isds - exports over time (Exports), 2015-2018 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Solomon Isds - export composition by product categories (Exports), 2024 (USD)
Solomon Isds - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Solomon Isds - imports over time (Imports), 2015-2018 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.