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Solomon Islands Trade Summary

2014

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 2014

Overall Exports and Imports for Solomon Islands 2014

Exports and imports of Solomon Islands in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 458 million.
  • The total value of imports (CIF) was 499 million.
  • At the HS6 digit level, 140 products were exported to 37 countries and 1,059 products were imported from 48 countries.

Solomon Islands top 5 Export and Import partners 2014

Top five countries to which Solomon Islands exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Solomon Islands exports to China worth US$ 264 million, with a partner share of 57.54 percent.
  2. Solomon Islands exports to Australia worth US$ 49 million, with a partner share of 10.59 percent.
  3. Solomon Islands exports to United Kingdom worth US$ 29 million, with a partner share of 6.32 percent.
  4. Solomon Islands exports to Italy worth US$ 27 million, with a partner share of 5.86 percent.
  5. Solomon Islands exports to Philippines worth US$ 13 million, with a partner share of 2.84 percent.

Top five countries from which Solomon Islands imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Solomon Islands imports from Australia worth US$ 138 million, with a partner share of 27.58 percent.
  2. Solomon Islands imports from Singapore worth US$ 121 million, with a partner share of 24.23 percent.
  3. Solomon Islands imports from China worth US$ 60 million, with a partner share of 11.98 percent.
  4. Solomon Islands imports from Malaysia worth US$ 42 million, with a partner share of 8.37 percent.
  5. Solomon Islands imports from New Zealand worth US$ 30 million, with a partner share of 6.09 percent.

Solomon Islands Top 5 Productsexports imports at HS 6 digit level 2014

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

  1. Solomon Islands exported Crude palm oil , worth US$ 25,424.21 million.
  2. Solomon Islands exported Cocoa beans, whole or broken, raw or roasted , worth US$ 12,911.08 million.
  3. Solomon Islands exported Copra , worth US$ 9,937.50 million.
  4. Solomon Islands exported Palm kernel or babassu oil (excl. crude) and fr , worth US$ 4,199.73 million.
  5. Solomon Islands exported Crude palm kernel or babassu oil and fractions , worth US$ 3,960.28 million.

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

  1. Solomon Islands imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 114,741.74 million.
  2. Solomon Islands imported Semi-milled or wholly milled rice , worth US$ 42,200.33 million.
  3. Solomon Islands imported Stuffed pasta , worth US$ 6,791.50 million.
  4. Solomon Islands imported Spelt, common wheat and meslin , worth US$ 6,724.16 million.
  5. Solomon Islands imported New stamps; stamp-impressed paper; banknotes; c , worth US$ 6,420.58 million.

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Solomon Islands in 2014 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2014

Key Development Indicators of Solomon Islands in 2014 are below

  • Solomon Islands GDP in current US dollar was 1,336 million.
  • GNI per capita, Atlas method (current US$) was 2,200.00 .
  • Solomon Islands Trade balance: as % of GDP was -8.72.
  • Trade balance in current US$ was -116.00 million.
  • Trade as percentage of GDP was 93.51 .
  • Trade in services as percentage of GDP was 25.17 .

Trade Indicators 2014

Trade Indicators for Solomon Islands in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.48.
  • Index of export market penetration was 1.30.
  • World Growth in percentage was 0.12 and Solomon Islands Country Growth was 2.16 .