US trade with Solomon Islands in the first nine months of 2017

Published or Updated: Apr 11, 2018

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

US Trade with Solomon Islands

In the first nine months of 2017, US trade with Solomon Islands totaled $9.5 million, up 17.28% ($1.4 million) from the first nine months of 2016.

US exports to Solomon Islands in the first nine months of 2017 totaled $7.1 million, up 12.24% ($0.8 million) from the first nine months of 2016.

US imports from Solomon Islands in the first nine months of 2017 totaled $2.4 million, up 35.24% ($0.6 million) from the first nine months of 2016.

US trade surplus with Solomon Islands in the first nine months of 2017 was $4.7 million, a 3.27% increase ($0.1 million) over the first nine months of 2016.

Solomon Islands was the US 195th largest trading partner in the first nine months of 2017 (up from 196th in the first nine months of 2016), accounting for 0.0003% of US total trade (just as in the first nine months of 2016).

Solomon Islands was the US 189th largest export market in the first nine months of 2017 (up from 190th in the first nine months of 2016), accounting for 0.0006% of US total exports (just as in the first nine months of 2016).

Solomon Islands was the US 193rd largest supplier in the first nine months of 2017 (just as in the first nine months of 2016), accounting for 0.0001% of US total imports (just as in the first nine months of 2016).

US Exports to Solomon Islands

The major share of US exports to Solomon Islands in the first nine months of 2017 (and in the first nine months of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 39.06% of US total exports to Solomon Islands (40.76% in the first nine months of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 17.85% of US total exports to Solomon Islands (11.21% in the first nine months of 2016);
  • Chemical products (HS codes 28-40) - 3.80% of US total exports to Solomon Islands (2.73% in the first nine months of 2016).

The largest gains in US exports to Solomon Islands in the first nine months of 2017 over the first nine months of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $825.4 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $642.3 thousand;
  • Ships, boats and floating structures (HS code 89) - an increase of $311.9 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $189.0 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 $175.2 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $165.7 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $46.6 thousand.

The largest declines in US exports to Solomon Islands in the first nine months of 2017 over the first nine months 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 $1,089.4 thousand;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $156.1 thousand;
  • Lac; gums, resins and other vegetable saps and extracts (HS code 13) - a decrease of $111.0 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $51.7 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $50.0 thousand;
  • Miscellaneous chemical products (HS code 38) - a decrease of $43.3 thousand;
  • Rubber and articles thereof (HS code 40) - a decrease of $22.4 thousand.
US exports to Solomon Islands in the first nine months of 2017 by product groups
HS
code
Name of product group Value
of exports
in first 9 months 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first 9 months 2016
(USD thousand)
Change
in first 9 months 2017
over first 9 months 2016
(%)
10 Cereals 1,204.3 16.96 378.9217.82
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 111.0-100.00
21 Miscellaneous edible preparations 63.4 0.89 219.5-71.11
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 226.1 3.18 37.0510.49
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 0.0 0.00 11.0-100.00
38 Miscellaneous chemical products 38.0 0.53 81.3-53.26
39 Plastics and articles thereof 5.8 0.08 21.4-73.05
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 0.21 12.321.61
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 12.0-100.00
83 Miscellaneous articles of base metal 2.9 0.04 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 344.7 4.85 178.992.61
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 593.0 8.35 417.841.94
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 5.8 0.08 16.5-64.86
88 Aircraft, spacecraft, and parts thereof 1,241.6 17.48 599.3107.19
89 Ships, boats and floating structures 311.9 4.39 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 277.5 3.91 1,366.9-79.70
93 Arms and ammunition; parts and accessories thereof 20.9 0.29 0.0
95 Toys, games and sports requisites; parts and accessories thereof 46.6 0.66 0.0
97 Works of art, collectors’ pieces and antiques 0.0 0.00 50.0-100.00
99 Commodities not specified according to kind 2,705.4 38.09 2,725.2-0.73

US Imports from Solomon Islands

The major share of US imports from Solomon Islands in the first nine months of 2017 (and in the first nine months of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 81.57% of US total imports from Solomon Islands (77.95% in the first nine months of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.21% of US total imports from Solomon Islands (0.56% in the first nine months of 2016);
  • Chemical products (HS codes 28-40) - 2.05% of US total imports from Solomon Islands (0.00% in the first nine months of 2016).

The largest gains in US imports from Solomon Islands in the first nine months of 2017 over the first nine months of 2016 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 $566.8 thousand;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - an increase of $234.8 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $38.0 thousand;
  • Miscellaneous manufactured articles (HS code 96) - an increase of $31.7 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $24.2 thousand;
  • Organic chemicals (HS code 29) - an increase of $16.7 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $14.6 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $13.8 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $7.5 thousand.

The largest declines in US imports from Solomon Islands in the first nine months of 2017 over the first nine months of 2016 were recorded for the following product groups:

  • Cocoa and cocoa preparations (HS code 18) - a decrease of $106.6 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $84.9 thousand;
  • Live animals (HS code 01) - a decrease of $77.7 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $45.5 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $11.7 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $7.2 thousand.
US imports from Solomon Islands in the first nine months of 2017 by product groups
HS
code
Name of product group Value
of imports
in first 9 months 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first 9 months 2016
(USD thousand)
Change
in first 9 months 2017
over first 9 months 2016
(%)
01 Live animals 71.1 2.96 148.8-52.22
05 Products of animal origin, not elsewhere specified or included 388.1 16.17 153.4153.07
08 Edible fruit and nuts; peel of citrus fruit or melons 6.4 0.27 9.8-34.70
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 21.7 0.91 67.3-67.68
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,464.8 61.01 898.063.12
18 Cocoa and cocoa preparations 0.0 0.00 106.6-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 6.2 0.26 0.0
29 Organic chemicals 16.7 0.70 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 13.8 0.58 0.0
39 Plastics and articles thereof 14.6 0.61 0.0
40 Rubber and articles thereof 4.0 0.17 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.7 0.03 0.3141.06
44 Wood and articles of wood; wood charcoal 5.6 0.23 2.994.33
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 11.7-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.0 0.00 7.2-100.00
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 3.9-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 24.2 1.01 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 14.9 0.62 10.049.62
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 38.0 1.58 0.0
96 Miscellaneous manufactured articles 68.4 2.85 36.786.39
97 Works of art, collectors’ pieces and antiques 48.3 2.01 40.718.46
99 Commodities not specified according to kind 193.1 8.04 278.0-30.53
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce