US trade with Solomon Islands in the 3rd quarter of 2017

Published or Updated: Mar 31, 2018

The report on US foreign trade in goods with Solomon Islands in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Solomon Islands

In the 3rd quarter of 2017, US trade with Solomon Islands was $3.8 million, down 24.84% ($1.2 million) from the 3rd quarter of 2016.

US exports to Solomon Islands in the 3rd quarter of 2017 were $2.4 million, down 33.63% ($1.2 million) from the 3rd quarter of 2016.

US imports from Solomon Islands in the 3rd quarter of 2017 were $1.3 million, down 0.94% ($0.0 million) from the 3rd quarter of 2016.

US trade surplus with Solomon Islands in the 3rd quarter of 2017 was $1.1 million, a 52.63% decrease ($1.2 million) over the 3rd quarter of 2016.

Solomon Islands was the US 189th largest trading partner in the 3rd quarter of 2017 (down from 186th in the 3rd quarter of 2016), accounting for 0.0004% of US total trade (down from 0.0006% in the 3rd quarter of 2016).

Solomon Islands was the US 187th largest export market in the 3rd quarter of 2017 (down from 182nd in the 3rd quarter of 2016), accounting for 0.0006% of US total exports (down from 0.0011% in the 3rd quarter of 2016).

Solomon Islands was the US 174th largest supplier in the 3rd quarter of 2017 (up from 179th in the 3rd quarter of 2016), accounting for 0.0002% of US total imports (down from 0.0003% in the 3rd quarter of 2016).

US Exports to Solomon Islands

The major share of US exports to Solomon Islands in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 27.93% of US total exports to Solomon Islands (10.37% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 27.25% of US total exports to Solomon Islands (44.88% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 1.18% of US total exports to Solomon Islands (1.56% in the 3rd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.00% of US total exports to Solomon Islands (1.42% in the 3rd quarter of 2016).

The largest gains in US exports to Solomon Islands in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $366.9 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $127.0 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $28.6 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $15.0 thousand.

The largest declines in US exports to Solomon Islands in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $976.7 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 $102.6 thousand;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $68.4 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $51.7 thousand;
  • Miscellaneous chemical products (HS code 38) - a decrease of $34.5 thousand;
  • Rubber and articles thereof (HS code 40) - a decrease of $22.4 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $16.4 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $10.0 thousand.
US exports to Solomon Islands in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
10 Cereals 653.5 26.96 286.6128.00
21 Miscellaneous edible preparations 23.7 0.98 92.1-74.26
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 5.2-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 28.6 1.18 0.0
38 Miscellaneous chemical products 0.0 0.00 34.5-100.00
40 Rubber and articles thereof 0.0 0.00 22.4-100.00
44 Wood and articles of wood; wood charcoal 0.0 0.00 51.7-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 15.0 0.62 0.0
72 Iron and steel 0.0 0.00 5.6-100.00
73 Articles of iron or steel 0.0 0.00 4.4-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 2.9-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 70.5 2.91 86.8-18.87
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 76.7 3.17 179.4-57.22
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 10.0-100.00
88 Aircraft, spacecraft, and parts thereof 390.2 16.09 263.248.23
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 123.3 5.08 1,100.0-88.79
95 Toys, games and sports requisites; parts and accessories thereof 5.8 0.24 0.0

US Imports from Solomon Islands

The major share of US imports from Solomon Islands in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 79.28% of US total imports from Solomon Islands (76.18% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 2.55% of US total imports from Solomon Islands (0.00% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.90% of US total imports from Solomon Islands (0.74% in the 3rd quarter of 2016).

The largest gains in US imports from Solomon Islands in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Products of animal origin, not elsewhere specified or included (HS code 05) - an increase of $81.5 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $25.3 thousand;
  • Organic chemicals (HS code 29) - an increase of $16.7 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $13.2 thousand;
  • Rubber and articles thereof (HS code 40) - an increase of $4.0 thousand.

The largest declines in US imports from Solomon Islands in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Live animals (HS code 01) - a decrease of $20.9 thousand;
  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - a decrease of $19.5 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 $10.0 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $9.4 thousand;
  • Miscellaneous manufactured articles (HS code 96) - a decrease of $4.0 thousand.
US imports from Solomon Islands in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
01 Live animals 31.9 2.40 52.8-39.51
05 Products of animal origin, not elsewhere specified or included 129.3 9.72 47.8170.34
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 14.7 1.11 24.1-39.05
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 878.5 66.06 898.0-2.17
29 Organic chemicals 16.7 1.26 0.0
39 Plastics and articles thereof 13.2 0.99 0.0
40 Rubber and articles thereof 4.0 0.30 0.0
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 0.0 0.00 10.0-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 25.3 1.90 0.0
96 Miscellaneous manufactured articles 32.7 2.46 36.7-10.89
97 Works of art, collectors’ pieces and antiques 8.3 0.62 5.551.86
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce