Solomon Islands

The Solomon Islands are a group of islands in the South Pacific located some 2,117 km northeast of Brisbane, Australia, with a total population of approximately 685,097 inhabitants.

The islands cover an area of 28,896 sq. km, of which 27,986 sq. km or 96.85% is land while the remaining 910 sq. km or 3.15% is water, averaging 24 persons per sq. km. Of the total land available 0.7% or 202.27 sq. km is arable. Almost 78.9% of the total land available or 22,799 sq. km is covered with forests.

The islands total GDP is valued at 1.298 billion. The services sector is the islands largest GDP contributor accounting for 58.1% of total GDP or 0.75 billion. The services sector is followed by agriculture which accounts for 34.3% or 0.45 billion of total GDP and industry which accounts for 7.6% or 0.10 billion of total GDP.

The islands total labor force is estimated at 202,500 or 29.56% of the total population. Of the total labor force available 75% or 151,875 are employed in the agricultural sector, 20% or 40,500 are employed in the services sector and 5% or 10,125 are employed in the industrial sector. 

The islands main industries include fish (tuna), mining, and timber.

The islands main agricultural produce include cocoa, coconuts, palm kernels, rice, fruit; cattle, pigs; fish; and timber. 

The islands primary exports are timber, fish, copra, palm oil, cocoa, and coconut oil.

The Solomon Islands major export partners include China 64.5%, Italy 6.2%, Switzerland 4.6%, and the Philippines 4.4%. Its major import partners are China 21.9%, Australia 19.6%, Singapore 10.7%, Vietnam 7.5%, New Zealand 6.2%, Papua New Guinea 5%, and South Korea 4.7%.

 

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