2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP
$1.6BCURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP GROWTH
34.6%CURRENT US$
Rnk 91 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$2,203CURRENT US$
Rnk 144 / 186
2012-2022
Flag
GDP PC GROWTH
5.54%CURRENT US$
Rnk 128 / 186

About

Italy-Solomon Islands Trade: In 2022, Italy exported $121k to Solomon Islands. The main products that Italy exported to Solomon Islands were Low-voltage Protection Equipment ($31.9k), Laboratory Ceramic Ware ($23.6k), and Large Construction Vehicles ($19k). Over the past 5 years the exports of Italy to Solomon Islands have decreased at an annualized rate of 25.5%, from $527k in 2017 to $121k in 2022.

In 2022, Italy did not export any services to Solomon Islands.

Solomon Islands-Italy Trade: In 2022, Solomon Islands exported $43.1M to Italy. The main products that Solomon Islands exported to Italy were Processed Fish ($42M) and Non-fillet Frozen Fish ($1.07M). Over the past 5 years the exports of Solomon Islands to Italy have decreased at an annualized rate of 4.31%,  from $56.1M in 2017 to $43.1M in 2022.

In 2022, Solomon Islands did not export any services to Italy.

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Solomon Islands ranked 171 in total exports ($508M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $121k to Solomon Islands. The main products exported from Italy to Solomon Islands were Low-voltage Protection Equipment ($31.9k), Laboratory Ceramic Ware ($23.6k), and Large Construction Vehicles ($19k). During the last 5 years the exports of Italy to Solomon Islands have decreased at an annualized rate of 25.5%, from $527k in 2017 to $121k in 2022.

In 2017, Solomon Islands exported $43.1M to Italy. The main products exported from Solomon Islands to Italy were Processed Fish ($42M) and Non-fillet Frozen Fish ($1.07M). During the last 5 years the exports of Solomon Islands to Italy have decreased at an annualized rate of 4.31%, from $56.1M in 2022 to $43.1M in 2017.

Exports from Italy (Flag) to Solomon Islands (Flag) (2022)

Exports from Solomon Islands (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Solomon Islands
Top Destination
China$260M

This map shows whether countries import more from Italy or Solomon Islands. Each country is colored based on the difference in imports they receive from Italy and Solomon Islands or the difference in the growth in imports.

In 2022, countries that imported more from Italy than Solomon Islands included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, no countries were registered that imported more from Solomon Islands than from Italy.

Difference in imports from Solomon Islands (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Solomon Islands

Flow
Scale

This chart compares trade between Italy and Solomon Islands by product, considering products traded by both, Italy and Solomon Islands.

During 2022, Italy had a large net trade with Solomon Islands in the exports of Machines ($53.4k), Stone And Glass ($26.8k), and Metals ($16.8k).

During 2017, Solomon Islands had a large net trade with Italy in the exports of Foodstuffs ($42M) and Animal Products ($1.07M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Italy and Solomon Islands. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Solomon Islands. Similarly, a dot/product with the flag of Solomon Islands indicates it has a comparative advantage over Italy.

Product Space of Italy (Flag) and Solomon Islands (Flag) (2022)

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