Solomon Islands Import Data

Learn more about the Import Data of Solomon Islands and their key import products.

How does the import of Solomon Islands looks like in the world market?

Located in the South Pacific Ocean, the Solomon Islands has a developing and predominantly agrarian economy. In 2019, the country's imports were valued at approximately USD 400 million. The Solomon Islands relies on imports to meet its domestic needs and support its industries. Key import products include machinery and equipment (USD 77 million), vehicles (USD 46 million), and electrical machinery and equipment (USD 33 million). With major import partners including Australia, China, and Singapore, the Solomon Islands aims to enhance its import capabilities through trade diversification, investment in key sectors, and sustainable development practices. By promoting agriculture, supporting fisheries, and fostering strategic trade partnerships, the Solomon Islands seeks to drive economic growth, create employment opportunities, and improve the well-being of its population.

How many real import shipments of Solomon Islands can be seen on ABRAMS.wiki?

The Solomon Islands Import Data comprises statistical data regarding the business activities in the country. This information is primarily utilized for conducting in-depth research on the import market of Solomon Islands. Our extensive database encompasses over [MERGE TAG] shipment records of imports into Solomon Islands. The Solomon Islands trade data is derived from various documents such as Shipping Bills, Import Bills, Invoices, and other relevant import-export documentation.

Top 10 import Partners

Which are the Top 10 Import Partners of Solomon Islands based on our trade data?

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Top 5 Import Product categories of Solomon Islands

The top product categories imported by Solomon Islands vary based on different periods and economic factors. During the last years the following categories were the most prominent:

1. Meat and edible meat offal

HS Code: 02
Description: HS Code 2 pertains to the category of "Meat and Edible Meat Offal." It contains products derived from the slaughtering of different types of domestic and wild animals. This includes prepared and preserved meats, as well as raw and uncooked options. Products in this category are primarily used for human consumption.

Meat and edible meat offal
HS Code: 02
Description: HS Code 2 pertains to the category of "Meat and Edible Meat Offal." It contains products derived from the slaughtering of different types of domestic and wild animals. This includes prepared and preserved meats, as well as raw and uncooked options. Products in this category are primarily used for human consumption.

Which are the most important suppling countries of »Meat and edible meat offal« (HS-Code: 2) for the Solomon Islands?: The top supplying countries for the Solomon Islands for »Meat and edible meat offal« (HS-Code: 2) are:
Kiribati
Which companies on the Solomon Islands are purchasing »Meat and edible meat offal« (HS-Code: 2)?: Companies on the Solomon Islands purchasing »Meat and edible meat offal« (HS-Code: 2) can be found within the Free Search of ABRAMS world trade wiki.
Who are suppliers of »Meat and edible meat offal« (HS-Code: 2) for customers on the Solomon Islands?: Suppliers for customers on the Solomon Islands for »Meat and edible meat offal« (HS-Code: 2) can be found within the Free Search of ABRAMS world trade wiki.

What is the general Import and Export perspective of Solomon Islands?

Solomon Islands had a total export of 569,112.01 in thousands of US$ and total imports of 601,388.53 in thousands of US$ leading to a negative trade balance of -32,276.52 in thousands of US$. The Effectively Applied Tariff Weighted Average (customs duty) for Solomon Islands is 30.28% and the Most Favored Nation (MFN) Weighted Average tariff is 30.69%. The trade growth is 4.91% compared to a world growth of 4.83%. GDP of Solomon Islands is 1,580,303,517.17 in current US$. Solomon Islands services export is 42,420,403.53 in BoP, current US$ and services import is 151,004,523.43 in Bop, current US$. Solomon Islands exports of goods and services as percentage of GDP is 26.18% and imports of goods and services as percentage of GDP is 39.21%.

Source: World Bank

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