On this page you will find beneficial information regarding foreign direct investment in / trading with Solomon Islands. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Parliamentary Democracy
Population: 707,851 (2021)
GDP: 1.631 billion USD (2021)
Corporate Tax Rate: 30%
Personal Income Tax Rate: 20%
Major Exports: Rough Wood ($312M), Processed Fish ($54.5M), Palm Oil ($29.2M), Sawn Wood ($12.8M), and Coconut Oil ($12.4M), exporting mostly to China ($283M), Italy ($41.4M), India ($28.6M), Netherlands ($20M), and Australia ($13.1M).
Major Imports: Refined Petroleum ($76.6M), Scrap Iron ($15.9M), Non-fillet Frozen Fish ($15.2M), Iron Structures ($11.1M), and Poultry Meat ($10.3M), importing mostly from China ($167M), Singapore ($61.4M), Australia ($54.3M), Malaysia ($45.2M), and New Zealand ($26.8M).