New Zealand-Solomon Isds Bilateral Trade Analysis 2023
Complete trade statistics: $30.80M total volume •New Zealand surplus: $16.81M
New Zealand → Solomon Isds
$23.81M
Exports (2023)
Solomon Isds → New Zealand
$7.00M
Imports (2023)
Trade Balance
$16.81M
Surplus for New Zealand
Total Trade
$30.80M
Combined Volume
Trade Flow Visualization
Direct trade relationship between New Zealand and Solomon Isds. Green line shows exports from New Zealand, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the New Zealand-Solomon Isds commercial relationship and competitive positioning in global markets.
New Zealand → Solomon Isds Exports
Export Market Intelligence
🎯 Strategic Export Focus
New Zealand's export portfolio to Solomon Isds demonstrates strategic specialization, with sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter representing a key competitive advantage in this bilateral market.
Solomon Isds → New Zealand Imports
Import Dependency Profile
📦 Import Strategy Analysis
New Zealand's import pattern from Solomon Isds reveals significant dependencyin wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
New Zealand demonstrates competitive strength in exportingsugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter to Solomon Isds, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $30.80M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: New Zealand-Solomon Isds Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $30.80 millionrepresenting a significant bilateral economic relationship
- Trade Balance: New Zealand maintains a surplus of $16.81 million
- Export Focus: New Zealand's primary exports include sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter, dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight), telephones for cellular networks or for other wireless networks
- Import Dependencies: Key imports from Solomon Isds include wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm, wood: sawn or chipped lengthwise, sliced or peeled, of a thickness exceeding 6mm, whether or not planed, sanded or finger-jointed, n.e.c. in heading no. 4407, vegetable oils: coconut (copra) oil and its fractions, crude, not chemically modified
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $30.80M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with New Zealand leveraging its comparative advantages in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
New Zealand's specialization in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring mattercomplements Solomon Isds's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $30.80M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $30.80M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $30.80 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter and wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
New Zealand's trade surplus of $16.81 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between New Zealand and Solomon Isds represents a total trade volume of $30.80 million in 2023. This partnership demonstrates a favorable trade balance for New Zealand, with exports exceeding importsby $16.81 million.
Export Strengths
New Zealand's exports to Solomon Isds total $23.81 million, with competitive advantages in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter, representing $3.33M or14.0% of bilateral exports.
Import Dependencies
Imports from Solomon Isds amount to $7.00 million, highlighting economic interdependence in wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm, with Wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm comprising56.0% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates New Zealand's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between New Zealand and Solomon Isds in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023