Solomon Islands
Oceania
Trade in Solomon Islands
The Solomon Islands was the world’s 146th largest exporter of goods and 142nd largest exporter of commercial services in 2021. Export values were $371 and $44 million USD respectively. The Solomon Islands’s top export category was agricultural products, followed by manufactures, and fuels and mining products. In 2018, The Solomon Islands’s main export destination markets for goods and services trade were to China, Italy and India, with trade representing 60.22 per cent of GDP. In terms of imports, The Solomon Islands’s import values were $556 and $141 million USD respectively in 2021. The Solomon Islands’s top import category was manufactures, followed by fuels and mining products and agricultural products. Leading import partners were Australia, Singapore and China. The Solomon Islands is part of 6 different Regional Trade Agreements, such as EU – Pacific States and Melanesian Spearhead Group (MSG). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
|
---|---|
Official Name |
Solomon Islands |
Abbreviation |
SB |
Capital |
Honiara |
WTO Membership Date |
26 July 1996 |
Legal System |
mixed legal system of English common law and customary law |
Language |
English |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
|
Currency |
Solomon Islands dollar |
Exchange Rate |
Google Finance Currencies |
Contact InformationThis section includes contact information for business support organizations and national resources. |
|
Industrial Property Offices |
|
SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
|
Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
|
Trade Information Portal |
https://solomon-islands.tradeportal.org |
Last Reviewed: June, 2023
Businesses & Entrepreneurs
Find a concise overview of key aspects of international trade for micro, small, and medium-sized enterprises with our Businesses & Entrepreneurs Guides.
Policymakers & Researchers
Find a concise overview of key aspects of trade and MSME-related policymaking with our dedicated library of Policymakers & Researchers Guides.