The top 3 items there are slow because they're:
1. 'source-exists' (~6s) which will do network traffic to find if a project exists to be downloaded or is in the cache; it's network io heavy in most cases.
2. list-packages (~3s) which parses the downloaded source code for import statements to find further dependencies; disk-io heavy + go loader has to do some work
3. gmal - GetManifestAndLock (~2s) which looks for lock files, including of other dependency solvers; disk io mostly I think
Any system designed with the constraint that it cannot use a centralized registry / list, must be compatible with things not using this system (and so must parse their code), etc will have these problems regardless of the algorithm.
Those steps are all doing network/disk-io/go-parsing, and none of that is SAT solving.
I don't think vgo has these problems because vgo is built by the go team and can dictate far more, such as the use of a centralized repo, that all dependencies must use vgo, etc.