Trade balance — all countries

Trade balance — Solomon Islands

Trade balance in the Solomon Islands in 2024 — -478,610,135 US$. Ranked 92 in the world out of 171. Since 1980, the indicator has fallen by 451.6%.

2024 -479M US$ −11.05% vs 2023
World rank 92of 171
Period maximum 18.4M US$1999
Period minimum -479M US$2024

Trend over time

1980–2024 · US$

Trade balance — Solomon Islands, 1980–2024-600M-400M-200M0200M19801985199019952000200520102015202020241980: -86,765,073 US$1981: -91,936,481 US$1982: -91,648,268 US$1983: -86,195,038 US$1984: -71,444,554 US$1985: -78,337,780 US$1986: -59,718,633 US$1987: -67,389,078 US$1988: -120,047,039 US$1989: -119,917,566 US$1990: -106,770,727 US$1991: -142,554,563 US$1992: -114,750,179 US$1993: -131,127,670 US$1994: -151,305,327 US$1995: -113,332,746 US$1996: -43,461,705 US$1997: -54,076,711 US$1998: -9,552,191 US$1999: 18,395,491 US$2000: -18,274,958 US$2001: -41,114,175 US$2002: -7,260,580 US$2003: -49,949,547 US$2004: -61,076,411 US$2005: -66,201,581 US$2006: -96,680,473 US$2007: -135,244,707 US$2008: -138,893,292 US$2009: -109,331,435 US$2010: -232,128,435 US$2011: -73,876,766 US$2012: -59,277,766 US$2013: -99,559,923 US$2014: -117,273,619 US$2015: -97,666,503 US$2016: -84,044,683 US$2017: -71,126,190 US$2018: -68,531,865 US$2019: -161,988,911 US$2020: -66,720,217 US$2021: -222,979,195 US$2022: -272,384,072 US$2023: -430,991,379 US$2024: -478,610,135 US$
Change over the period: −392M (−451.62%)

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Solomon Islands

Solomon Islands -479M US$
World computed 863B US$
East Asia & Pacific computed 890B US$
Melanesia computed -2.83B US$
Lower-middle-income countries computed -351B US$
Trade balance — Solomon Islands, by year Solomon Islands All countries CSV XLSX
Year US$ Change Change, %
2024 -479M −47.62M −11.05%
2023 -431M −159M −58.23%
2022 -272M −49.4M −22.16%
2021 -223M −156M −234.2%
2020 -66.72M +95.27M +58.81%
2019 -162M −93.46M −136.37%
2018 -68.53M +2.59M +3.65%
2017 -71.13M +12.92M +15.37%
2016 -84.04M +13.62M +13.95%
2015 -97.67M +19.61M +16.72%
2014 -117M −17.71M −17.79%
2013 -99.56M −40.28M −67.95%
2012 -59.28M +14.6M +19.76%
2011 -73.88M +158M +68.17%
2010 -232M −123M −112.32%
2009 -109M +29.56M +21.28%
2008 -139M −3.65M −2.7%
2007 -135M −38.56M −39.89%
2006 -96.68M −30.48M −46.04%
2005 -66.2M −5.13M −8.39%
2004 -61.08M −11.13M −22.28%
2003 -49.95M −42.69M −587.96%
2002 -7.26M +33.85M +82.34%
2001 -41.11M −22.84M −124.98%
2000 -18.27M −36.67M −199.34%
1999 18.4M +27.95M +292.58%
1998 -9.55M +44.52M +82.34%
1997 -54.08M −10.62M −24.42%
1996 -43.46M +69.87M +61.65%
1995 -113M +37.97M +25.1%
1994 -151M −20.18M −15.39%
1993 -131M −16.38M −14.27%
1992 -115M +27.8M +19.5%
1991 -143M −35.78M −33.51%
1990 -107M +13.15M +10.96%
1989 -120M +129,473 +0.11%
1988 -120M −52.66M −78.14%
1987 -67.39M −7.67M −12.84%
1986 -59.72M +18.62M +23.77%
1985 -78.34M −6.89M −9.65%
1984 -71.44M +14.75M +17.11%
1983 -86.2M +5.45M +5.95%
1982 -91.65M +288,213 +0.31%
1981 -91.94M −5.17M −5.96%
1980 -86.77M

Melanesia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

Source: World Development Indicators (World Bank), license CC BY 4.0.