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Trade & investment · East Asia & Pacific · Lower-middle income
Solomon Islands: trade and investment
Exports is 40.6% (2024), 80th of 184 in the world and 14th of 32 in East Asia & Pacific. Imports is 70.8% (2024), 33rd of 184 in the world and 12th of 32 in East Asia & Pacific. Trade openness is 111.4% (2024), 48th of 184 in the world and 14th of 32 in East Asia & Pacific.
13 indicators
Trade & investment: Solomon Islands in detail
Latest reported value, world rank and rank within East Asia & Pacific; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ExportsExports of goods and services, % of GDP | 40.6%2024 | 80/184 | 14/32 | 27.1% | 35.2% | 27.9% | −1.8 ppsince 2014 | 32.5% | 23.2% | 29.5% | |
| ImportsImports of goods and services, % of GDP | 70.8%2024 | 33/184 | 12/32 | 31.5% | 61.0% | 32.3% | +19.7 ppsince 2014 | 28.5% | 26.3% | 28.5% | |
| Trade opennessTrade, % of GDP | 111.4%2024 | 48/184 | 14/32 | 58.6% | 96.1% | 60.2% | +17.9 ppsince 2014 | 63.8% | 46.6% | 68.5% | |
| Current accountCurrent account balance, % of GDP | -4.2%2024 | 126/185 | 22/29 | -9.8% | -16.1% | -1.6% | −0.5 ppsince 2014 | — | — | — | |
| Merchandise exportsMerchandise exports, current US$ | $677m2025 | 162/206 | 22/37 | $69.0m | $224m | $379m | +69%since 2015 | $9.2tn | $1.1tn | $26.4tn | |
| High-tech exportsHigh-technology exports, % of manufactured exports | 1.4%2018 | — | — | · | · | 1.4%2018 | — | 34.6% | 14.7% | 24.7% | |
| Fuel exportsFuel exports, % of merchandise exports | 0.0%2017 | — | — | · | 0.0% | · | ±0.0 ppsince 2006 | 4.2% | 24.8% | 9.5% | |
| Food exportsFood exports, % of merchandise exports | 20.1%2018 | — | — | 11.4%2002 | 37.5% | 20.1%2018 | −23.4 ppsince 2008 | 4.4% | 13.8% | 9.0% | |
| Average tariffApplied tariff rate, weighted mean, all products | 20.7%2022 | 2/184 | 1/29 | · | 14.6%2008 | 13.6% | +6.1 ppsince 2008 | — | — | — | |
| FDI inflowsForeign direct investment, net inflows, % of GDP | 3.8%2025 | 56/197 | 12/32 | 0.5% | 18.5% | 0.6% | +1.4 ppsince 2015 | 1.7% | 1.5% | 1.4% | |
| RemittancesPersonal remittances received, % of GDP | 6.0%2024 | 49/178 | 9/26 | 1.0% | 1.6% | 1.8% | +4.8 ppsince 2014 | 0.4% | 5.8% | 0.8% | |
| Tourist arrivalsInternational tourist arrivals | 4,4002020 | 194/196 | 33/35 | 5,200 | 20,500 | 4,400 | −79%since 2010 | 491m | 208m | 2.4bn | |
| Tourism receiptsInternational tourism receipts, current US$ | $7.0m2020 | 172/177 | 28/31 | $4.0m | $50.8m | $7.0m | −86%since 2010 | — | $145bn | $1.9tn |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
neighbours
Solomon Islands and its neighbours
Countries sharing a land border with Solomon Islands. Latest values since 2005; the highest in each row is marked.
| Indicator | Solomon Islands | France | Australia | Papua New Guinea | Fiji | Vanuatu |
|---|---|---|---|---|---|---|
| Exports | 40.6%2024 | 33.4%2025 | 23.2%2025 | — | 54.4%2024 | 25.3%2024 |
| Imports | 70.8%2024 | 33.8%2025 | 22.7%2025 | — | 64.6%2024 | 48.0%2024 |
| Trade openness | 111.4%2024 | 67.2%2025 | 45.9%2025 | — | 119.0%2024 | 73.4%2024 |
| Current account | -4.2%2024 | -0.3%2025 | -2.8%2025 | 15.5%2024 | -7.8%2024 | -11.1%2022 |
| Merchandise exports | $677m2025 | $683bn2025 | $338bn2025 | $15.5bn2025 | $1.1bn2025 | $78.0m2025 |
| High-tech exports | 1.4%2018 | 23.1%2024 | 25.2%2024 | 10.2%2023 | 3.2%2024 | — |
| Fuel exports | 0.0%2017 | 3.8%2025 | 26.9%2025 | 42.6%2023 | 0.1%2025 | 0.1%2011 |
| Food exports | 20.1%2018 | 13.4%2025 | 13.7%2025 | 19.7%2023 | 55.4%2025 | 85.3%2011 |
| Average tariff | 20.7%2022 | 1.3%2022 | 1.0%2022 | 3.6%2021 | 8.3%2021 | 11.5%2022 |