Solomon Isds-Fiji Bilateral Trade Analysis 2023

Complete trade statistics: $13.66M total volume •Solomon Isds deficit: $10.99M

Solomon IsdsFiji

$1.34M

Exports (2023)

FijiSolomon Isds

$12.33M

Imports (2023)

Trade Balance

$10.99M

Deficit for Solomon Isds

Total Trade

$13.66M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Solomon Isds and Fiji. Green line shows exports from Solomon Isds, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Solomon Isds-Fiji commercial relationship and competitive positioning in global markets.

Solomon IsdsFiji Exports

$1.34M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
76.1% top product
1Fish preparations: tunas, skipjack and Atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced)
$1.02M
76.1% of exports
2Cranes and derricks: designed for mounting on road vehicles
$179,284
13.4% of exports
3Iron or steel: structures and parts thereof, props and similar equipment for scaffolding, shuttering or pit-propping
$55,459
4.1% of exports
4Automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display
$33,747
2.5% of exports
5Wood: not of bamboo, articles n.e.c. in heading no. 4414 to 4420 (excluding clothes hangers)
$11,130
0.8% of exports

🎯 Strategic Export Focus

Solomon Isds's export portfolio to Fiji demonstrates strategic specialization, with fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced) representing a key competitive advantage in this bilateral market.

FijiSolomon Isds Imports

$12.33M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
10.2% concentration
1Food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products
$1.25M
10.2% of imports
2Paints and varnishes: based on polymers n.e.c. in heading no. 3208, dispersed or dissolved in a non-aqueous medium
$908,412
7.4% of imports
3Generators: producer gas, water gas, acetylene gas and similar water process gas generators, with or without their purifiers
$843,690
6.8% of imports
4Meat preparations: sausages and similar products, of meat, meat offal or blood, and food preparations based on these products
$781,289
6.3% of imports
5Food preparations: sweet biscuits, whether or not containing cocoa
$777,168
6.3% of imports

📦 Import Strategy Analysis

Solomon Isds's import pattern from Fiji reveals significant dependencyin food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Solomon Isds demonstrates competitive strength in exportingfish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced) to Fiji, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $13.66M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Solomon Isds-Fiji Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $13.66 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Solomon Isds maintains a deficit of $10.99 million
  • Export Focus: Solomon Isds's primary exports include fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced), cranes and derricks: designed for mounting on road vehicles, iron or steel: structures and parts thereof, props and similar equipment for scaffolding, shuttering or pit-propping
  • Import Dependencies: Key imports from Fiji include food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products, paints and varnishes: based on polymers n.e.c. in heading no. 3208, dispersed or dissolved in a non-aqueous medium, generators: producer gas, water gas, acetylene gas and similar water process gas generators, with or without their purifiers

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 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 $13.66M 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 Solomon Isds leveraging its comparative advantages in fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced).

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

1

Comparative Advantage

Solomon Isds's specialization in fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced)complements Fiji's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $13.66M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $13.66M 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 $13.66 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced) and food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Solomon Isds's trade deficit of $10.99 million impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in cranes and derricks: designed for mounting on road vehicles present expansion opportunities.
Market Diversification
Beyond current focus on food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced) may affect future market positioning.

🎯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 Solomon Isds and Fiji represents a total trade volume of $13.66 million in 2023. This partnership demonstrates an unfavorable trade balance for Solomon Isds, with imports exceeding exportsby $10.99 million.

Export Strengths

Solomon Isds's exports to Fiji total $1.34 million, with competitive advantages in fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced), representing $1.02M or76.1% of bilateral exports.

Import Dependencies

Imports from Fiji amount to $12.33 million, highlighting economic interdependence in food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products, with Food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products comprising10.2% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Solomon Isds's strategic sourcing from Fiji. 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

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Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023