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Solomon Islands Trade Balance

External balance on goods and services  NE.RSB.GNFS.CD

Solomon Islands's trade balance was $-603.9M in 2025, ranked 98th globally. This represents a 26.2% decrease from 2024. Data from World Bank, covering 1980–2025.

$-603.9M −$125.3M (-26.2%)
Year 2025 Rank #98 Global Peak $18.4M (1999) Source World Bank

Solomon Islands Trade Balance (1980–2025)

Overview

Solomon Islands's trade balance stood at $-603.9M in 2025, a decline of +$125.3M from 2024. Based on recent trends, this figure is projected to reach $-603.9M by 2025. Solomon Islands ranked 98th globally.

The Solomon Islands' trade balance has fluctuated significantly over the past four decades, with a notable peak in 1999 of 18,395,491.49 and a current all-time trough of -603,874,605.09 in 2025, placing it 98th globally. This stark contrast highlights the country's reliance on international trade, with an increasing deficit in recent years. Compared to peer countries, the Solomon Islands' trade balance is among the most unfavorable, with Sierra Leone's -558,677,967.33 being relatively closer. The substantial decline from the 1999 peak to the current trough suggests a shift in the country's economic dynamics, potentially driven by changes in global market conditions, domestic production, or trade agreements. As the Solomon Islands continue to navigate the complex global trade landscape, a significant improvement in its trade balance would likely require diversification of its export markets, investment in domestic industries, or renegotiation of trade agreements to mitigate its reliance on imported goods.

Data & projection

Year Trade Balance YoY change Rank
2027* trend $-810.2M - -
2026* trend $-707.1M - -
2025* trend $-603.9M - -
2025 $-603.9M −$125.3M #98
2024 $-478.6M −$47.6M #72
2023 $-431.0M −$158.6M #77
2022 $-272.4M −$49.4M #98
2021 $-223.0M −$156.3M #94
2020 $-66.7M +$95.3M #108
2019 $-162.0M −$93.5M #97
2018 $-68.5M +$2.6M #107
2017 $-71.1M +$12.9M #103
2016 $-84.0M +$13.6M #108
2015 $-97.7M +$19.6M #114
2014 $-117.3M −$17.7M #107
2013 $-99.6M −$40.3M #110
2012 $-59.3M +$14.6M #113
2011 $-73.9M +$158.3M #108
Show all years (1980-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.0% GDP growth 2.5% C/A balance 2.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Solomon Islands matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw trade balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Solomon Islands's trade balance?▾

Solomon Islands's trade balance was $-603.9M in 2025. Ranked 98th globally. This represents a 26.2% decrease from the previous year.

What was the highest trade balance in Solomon Islands?▾

Solomon Islands's trade balance peaked at $18.4M in 1999.

What was the lowest trade balance in Solomon Islands?▾

The lowest trade balance in Solomon Islands was $-603.9M in 2025.

How does Solomon Islands rank in trade balance?▾

Solomon Islands ranks 98th globally in trade balance as of 2025.

What is the World Bank indicator code for trade balance?▾

The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.

What is the projected trade balance of Solomon Islands in 2025?▾

Solomon Islands's trade balance is projected to reach $-603.9M by 2025 based on trend extrapolation.

What is the trade balance of Solomon Islands in 2025?▾

The trade balance of Solomon Islands in 2025 was $-603.9M. This ranks 98th in the world.

Cite this page

APA
Solomon Islands Trade Balance. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/solomon-islands/trade-balance/
BibTeX
@misc{historysaid_solomon-islands_trade-balance, title = {Solomon Islands Trade Balance}, url = {https://historysaid.com/solomon-islands/trade-balance/}, publisher = {HistorySaid}, year = {2026} }
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