US trade (export - import) with Solomon Islands in 2018

Published or Updated: Jun 18, 2019

The report on US foreign trade in goods with Solomon Islands in 2018: exports, imports, balance, product types and groups, dynamics.

US Trade with Solomon Islands

In 2018, US trade with Solomon Islands totaled $16.0 million, up 23.69% ($3.1 million) from 2017.

US exports to Solomon Islands in 2018 totaled $11.7 million, up 25.29% ($2.4 million) from 2017.

US imports from Solomon Islands in 2018 totaled $4.3 million, up 19.58% ($0.7 million) from 2017.

US trade surplus with Solomon Islands in 2018 was $7.3 million, a 28.94% increase ($1.6 million) over 2017.

Solomon Islands was the US 196th largest trading partner in 2018 (down from 195th in 2017), accounting for 0.0004% of US total trade (up from 0.0003% in 2017).

Solomon Islands was the US 192nd largest export market in 2018 (down from 188th in 2017), accounting for 0.0007% of US total exports (up from 0.0006% in 2017).

Solomon Islands was the US 188th largest supplier in 2018 (up from 191st in 2017), accounting for 0.0002% of US total imports (just as in 2017).

US Exports to Solomon Islands

The major share of US exports to Solomon Islands in 2018 (and in 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 54.82% of US total exports to Solomon Islands (41.30% in 2017);
  • Chemical products (HS codes 28-40) - 2.60% of US total exports to Solomon Islands (4.81% in 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.77% of US total exports to Solomon Islands (14.09% in 2017).

The largest gains in US exports to Solomon Islands in 2018 over 2017 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $1,507.1 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $1,253.2 thousand;
  • Commodities not specified according to kind (HS code 99) - an increase of $950.0 thousand;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $323.5 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $201.0 thousand;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $83.1 thousand;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $80.6 thousand;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $74.8 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $50.0 thousand.

The largest declines in US exports to Solomon Islands in 2018 over 2017 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $1,223.5 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $528.4 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $221.7 thousand;
  • Ships, boats and floating structures (HS code 89) - a decrease of $207.9 thousand;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $57.5 thousand.
US exports to Solomon Islands in 2018 by product groups
HS
code
Name of product group Value
of exports
in 2018
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2017
(USD thousand)
Change
in 2018
over 2017
(%)
10 Cereals 0.0 0.00 1,223.5-100.00
13 Lac; gums, resins and other vegetable saps and extracts 5.4 0.05 0.0
21 Miscellaneous edible preparations 84.9 0.73 87.1-2.53
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 8.7 0.07 38.4-77.30
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 83.1 0.71 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 30.7 0.26 88.2-65.16
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 93.9 0.81 315.7-70.25
38 Miscellaneous chemical products 45.8 0.39 38.020.51
39 Plastics and articles thereof 37.7 0.32 5.8552.22
40 Rubber and articles thereof 12.2 0.10 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 19.3 0.17 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 23.7 0.20 4.2460.21
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 65.0 0.56 15.0333.33
64 Footwear, gaiters and the like; parts of such articles 3.3 0.03 0.0
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 3.5 0.03 0.0
73 Articles of iron or steel 27.1 0.23 40.8-33.51
83 Miscellaneous articles of base metal 77.7 0.67 2.92,553.17
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,218.4 19.03 711.3211.88
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 1,222.4 10.49 898.935.99
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,259.0 10.80 5.821,643.58
88 Aircraft, spacecraft, and parts thereof 1,045.1 8.97 1,573.5-33.58
89 Ships, boats and floating structures 104.0 0.89 311.9-66.65
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 541.8 4.65 340.859.00
93 Arms and ammunition; parts and accessories thereof 5.8 0.05 20.9-72.27
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 95.0 0.81 14.4559.58
95 Toys, games and sports requisites; parts and accessories thereof 83.2 0.71 56.547.35
99 Commodities not specified according to kind 4,460.3 38.26 3,510.427.06

US Imports from Solomon Islands

The major share of US imports from Solomon Islands in 2018 (and in 2017) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 93.46% of US total imports from Solomon Islands (84.15% in 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.75% of US total imports from Solomon Islands (5.38% in 2017);
  • Chemical products (HS codes 28-40) - 0.54% of US total imports from Solomon Islands (1.48% in 2017).

The largest gains in US imports from Solomon Islands in 2018 over 2017 were recorded for the following product groups:

  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - an increase of $776.3 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $239.2 thousand;
  • Live animals (HS code 01) - an increase of $104.0 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $99.4 thousand.

The largest declines in US imports from Solomon Islands in 2018 over the 2017 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $171.6 thousand;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - a decrease of $106.6 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $106.5 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $38.0 thousand;
  • Miscellaneous manufactured articles (HS code 96) - a decrease of $31.9 thousand;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $18.0 thousand;
  • Organic chemicals (HS code 29) - a decrease of $16.7 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $13.8 thousand.
US imports from Solomon Islands in 2018 by product groups
HS
code
Name of product group Value
of imports
in 2018
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2017
USD thousand)
Change
in 2018
over 2017
(%)
01 Live animals 189.0 4.36 85.0122.38
05 Products of animal origin, not elsewhere specified or included 331.1 7.64 437.6-24.35
08 Edible fruit and nuts; peel of citrus fruit or melons 0.0 0.00 6.4-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 296.5 6.84 57.3417.23
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 3,232.5 74.61 2,456.231.61
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 6.2-100.00
29 Organic chemicals 0.0 0.00 16.7-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 13.8-100.00
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 3.9 0.09 0.0
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 4.5-100.00
39 Plastics and articles thereof 3.4 0.08 14.6-76.99
40 Rubber and articles thereof 15.9 0.37 4.0294.54
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2.7 0.06 0.7266.07
44 Wood and articles of wood; wood charcoal 3.2 0.07 5.6-43.57
61 Articles of apparel and clothing accessories, knitted or crocheted 5.2 0.12 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 1.4 0.03 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 19.3 0.45 125.9-84.64
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 13.1 0.30 31.1-57.87
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 38.0-100.00
96 Miscellaneous manufactured articles 36.5 0.84 68.4-46.64
97 Works of art, collectors’ pieces and antiques 147.7 3.41 48.3205.94
99 Commodities not specified according to kind 31.0 0.71 202.6-84.72
/tr
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce