Loading..

Solomon Islands Trade Summary

2016

Solomon Islands exports, imports, tariff by year.
Solomon Islands monthly trade data
Solomon Islands quarterly trade data

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2016

Overall Exports and Imports for Solomon Islands 2016

Exports and imports of Solomon Islands in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 437 million.
  • The total value of imports (CIF) was 454 million.
  • At the HS6 digit level, 304 products were exported to 54 countries and 2,905 products were imported from 101 countries.

Solomon Islands top 5 Export and Import partners 2016

Top five countries to which Solomon Islands exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Solomon Islands exports to China worth US$ 273 million, with a partner share of 62.50 percent.
  2. Solomon Islands exports to Italy worth US$ 31 million, with a partner share of 6.98 percent.
  3. Solomon Islands exports to United Kingdom worth US$ 19 million, with a partner share of 4.42 percent.
  4. Solomon Islands exports to India worth US$ 17 million, with a partner share of 3.94 percent.
  5. Solomon Islands exports to Philippines worth US$ 16 million, with a partner share of 3.71 percent.

Top five countries from which Solomon Islands imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Solomon Islands imports from Australia worth US$ 92 million, with a partner share of 20.38 percent.
  2. Solomon Islands imports from Singapore worth US$ 70 million, with a partner share of 15.53 percent.
  3. Solomon Islands imports from China worth US$ 67 million, with a partner share of 14.85 percent.
  4. Solomon Islands imports from Malaysia worth US$ 48 million, with a partner share of 10.51 percent.
  5. Solomon Islands imports from Japan worth US$ 30 million, with a partner share of 6.69 percent.

Solomon Islands Top 5 Productsexports imports at HS 6 digit level 2016

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

  1. Solomon Islands exported Keruing, Ramin, Kapur, Teak, Jongkong, Merbau, , worth 289,609.78 (US$ Thousands).
  2. Solomon Islands exported Crude palm oil , worth 25,786.34 (US$ Thousands).
  3. Solomon Islands exported Dried cod, not smoked , worth 21,444.39 (US$ Thousands).
  4. Solomon Islands exported Non-coniferous hoopwood; split poles, etc; wood , worth 18,987.17 (US$ Thousands).
  5. Solomon Islands exported Cocoa beans, whole or broken, raw or roasted , worth 12,627.94 (US$ Thousands).

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 66,517.63 (US$ Thousands).
  2. Solomon Islands imported Semi-milled or wholly milled rice , worth 35,812.97 (US$ Thousands).
  3. Solomon Islands imported Automobiles with reciprocating piston engine di , worth 11,116.80 (US$ Thousands).
  4. Solomon Islands imported New stamps; stamp-impressed paper; banknotes; c , worth 7,441.12 (US$ Thousands).
  5. Solomon Islands imported Diesel powered trucks with a GVW exc five tonne , worth 5,989.29 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Solomon Islands in 2016 are below

  • The maximum rate of tariff in percentage on any product was 1,556.58 percent.
  • The simple average tariff across all products was 10.78 percent.
  • The trade weighted average tariff was 14.08 .
  • The total duty free imports in thousands of US dollars were 70,663.77 and duty free tariff line items share was 8.45 percent.

Development Indicators 2016

Key Development Indicators of Solomon Islands in 2016 are below

  • Solomon Islands GDP in current US dollar was 1,379 million.
  • GNI per capita, Atlas method (current US$) was 2,110.00 .
  • Solomon Islands Trade balance: as % of GDP was -5.42.
  • Trade balance in current US$ was -75.00 million.
  • Trade as percentage of GDP was 85.42 .
  • Trade in services as percentage of GDP was 23.92 .

Trade Indicators 2016

Trade Indicators for Solomon Islands in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.38.
  • Index of export market penetration was 1.29.
  • World Growth in percentage was -1.35 and Solomon Islands Country Growth was -7.15 .