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Solomon Islands Trade Summary

2008

Solomon Islands exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR SOLOMON ISLANDS 2008

Overall Exports and Imports for Solomon Islands 2008

Exports and imports of Solomon Islands in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 214 million.
  • The total value of imports (CIF) was 307 million.
  • At the HS6 digit level, 1 products were exported to 34 countries and 1 products were imported from 37 countries.

Solomon Islands top 5 Export and Import partners 2008

Top five countries to which Solomon Islands exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Solomon Islands exports to China worth US$ 88 million, with a partner share of 40.85 percent.
  2. Solomon Islands exports to Thailand worth US$ 28 million, with a partner share of 12.88 percent.
  3. Solomon Islands exports to Philippines worth US$ 26 million, with a partner share of 12.00 percent.
  4. Solomon Islands exports to Spain worth US$ 16 million, with a partner share of 7.70 percent.
  5. Solomon Islands exports to Singapore worth US$ 11 million, with a partner share of 5.16 percent.

Top five countries from which Solomon Islands imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Solomon Islands imports from Singapore worth US$ 87 million, with a partner share of 28.33 percent.
  2. Solomon Islands imports from Australia worth US$ 62 million, with a partner share of 20.23 percent.
  3. Solomon Islands imports from United States worth US$ 33 million, with a partner share of 10.68 percent.
  4. Solomon Islands imports from Papua New Guinea worth US$ 18 million, with a partner share of 5.77 percent.
  5. Solomon Islands imports from China worth US$ 18 million, with a partner share of 5.74 percent.

Solomon Islands Top 5 Productsexports imports at HS 6 digit level 2008

The top five exported HS 6 digit level products to world by Solomon Islands along with trade value are:

The top five imported HS 6 digit level products from world by Solomon Islands along with trade value are


Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Solomon Islands in 2008 are below

  • The maximum rate of tariff in percentage on any product was 436.16 percent.
  • The simple average tariff across all products was 10.80 percent.
  • The trade weighted average tariff was 14.60 .
  • The total duty free imports in thousands of US dollars were 2,306.64 and duty free tariff line items share was 1.68 percent.

Development Indicators 2008

Key Development Indicators of Solomon Islands in 2008 are below

  • Solomon Islands GDP in current US dollar was 776 million.
  • GNI per capita, Atlas method (current US$) was 1,360.00 .
  • Solomon Islands Trade balance: as % of GDP was -17.89.
  • Trade balance in current US$ was -139.00 million.
  • Trade as percentage of GDP was 87.35 .
  • Trade in services as percentage of GDP was 21.09 .

Trade Indicators 2008

Trade Indicators for Solomon Islands in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.32.
  • Index of export market penetration was 1.38.
  • World Growth in percentage was -59.29 and Solomon Islands Country Growth was 7.91 .