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Solomon Islands Trade Summary

2017

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 2017

Overall Exports and Imports for Solomon Islands 2017

Exports and imports of Solomon Islands in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 500 million.
  • The total value of imports (CIF) was 572 million.
  • At the HS6 digit level, 296 products were exported to 50 countries and 2,801 products were imported from 92 countries.

Solomon Islands top 5 Export and Import partners 2017

Top five countries to which Solomon Islands exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Solomon Islands exports to China worth US$ 326 million, with a partner share of 65.20 percent.
  2. Solomon Islands exports to Italy worth US$ 39 million, with a partner share of 7.74 percent.
  3. Solomon Islands exports to Switzerland worth US$ 19 million, with a partner share of 3.87 percent.
  4. Solomon Islands exports to India worth US$ 18 million, with a partner share of 3.64 percent.
  5. Solomon Islands exports to Philippines worth US$ 18 million, with a partner share of 3.52 percent.

Top five countries from which Solomon Islands imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Solomon Islands imports from Australia worth US$ 114 million, with a partner share of 19.92 percent.
  2. Solomon Islands imports from Singapore worth US$ 79 million, with a partner share of 13.80 percent.
  3. Solomon Islands imports from New Zealand worth US$ 75 million, with a partner share of 13.17 percent.
  4. Solomon Islands imports from Malaysia worth US$ 73 million, with a partner share of 12.73 percent.
  5. Solomon Islands imports from China worth US$ 72 million, with a partner share of 12.57 percent.

Solomon Islands Top 5 Productsexports imports at HS 6 digit level 2017

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 US$ 321,316.23 million.
  2. Solomon Islands exported Crude palm oil , worth US$ 26,392.98 million.
  3. Solomon Islands exported Non-coniferous hoopwood; split poles, etc; wood , worth US$ 24,110.48 million.
  4. Solomon Islands exported Aluminium ores and concentrates , worth US$ 20,249.35 million.
  5. Solomon Islands exported Flours, meals and pellets of fish, fit for huma , worth US$ 16,590.79 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$ 75,633.01 million.
  2. Solomon Islands imported Sealed beam lamp units , worth US$ 50,419.13 million.
  3. Solomon Islands imported Semi-milled or wholly milled rice , worth US$ 35,854.69 million.
  4. Solomon Islands imported Automobiles with reciprocating piston engine di , worth US$ 10,698.43 million.
  5. Solomon Islands imported Cigarettes containing tobacco , worth US$ 9,423.62 million.

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Solomon Islands in 2017 are below

  • The maximum rate of tariff in percentage on any product was 2,278.56 percent.
  • The simple average tariff across all products was 10.09 percent.
  • The trade weighted average tariff was 18.49 .
  • The total duty free imports in thousands of US dollars were 74,598.20 and duty free tariff line items share was 8.53 percent.

Development Indicators 2017

Key Development Indicators of Solomon Islands in 2017 are below

  • Solomon Islands GDP in current US dollar was 1,310 million.
  • GNI per capita, Atlas method (current US$) was 1,870.00 .
  • Solomon Islands Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 27.17 .

Trade Indicators 2017

Trade Indicators for Solomon Islands in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.43.
  • Index of export market penetration was 1.29.
  • World Growth in percentage was 5.68 and Solomon Islands Country Growth was 17.45 .