US trade (export - import) with Solomon Islands in 2016

Published or Updated: Apr 23, 2017

The report on US foreign trade in goods with Solomon Islands in 2016: exports, imports, balance, product types and groups, dynamics.

US Trade with Solomon Islands

In 2016, US trade with Solomon Islands totaled $12.2 million, up 24.77% ($2.4 million) from 2015.

US exports to Solomon Islands in 2016 totaled $9.9 million, up 68.88% ($4.0 million) from 2015.

US imports from Solomon Islands in 2016 were $2.3 million, down 41.14% ($1.6 million) from 2015.

US trade surplus with Solomon Islands in 2016 was $7.6 million, a 291.31% increase ($5.7 million) over 2015.

Solomon Islands was the US 193rd largest trading partner in 2016 (up from 198th in 2015), accounting for 0.0003% of US total trade (just as in 2015).

Solomon Islands was the US 185th largest export market in 2016 (up from 193rd in 2015), accounting for 0.0007% of US total exports (up from 0.0004% in 2015).

Solomon Islands was the US 195th largest supplier in 2016 (down from 184th in 2015), accounting for 0.0001% of US total imports (down from 0.0002% in 2015).

US Exports to Solomon Islands

The major share of US exports to Solomon Islands in 2016 (and in 2015) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 41.55% of US total exports to Solomon Islands (45.86% in 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.15% of US total exports to Solomon Islands (2.83% in 2015);
  • Chemical products (HS codes 28-40) - 2.77% of US total exports to Solomon Islands (5.60% in 2015);
  • Metals and products from them (HS codes 72-83) - 1.88% of US total exports to Solomon Islands (0.10% in 2015);
  • Wood and wood products (HS codes 44-49) - 0.74% of US total exports to Solomon Islands (1.71% in 2015).

The largest gains in US exports to Solomon Islands in 2016 over 2015 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $2,040.3 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $1,352.0 thousand;
  • Cereals (HS code 10) - an increase of $522.3 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 $243.0 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $165.2 thousand;
  • Miscellaneous edible preparations (HS code 21) - an increase of $134.1 thousand;
  • Lac; gums, resins and other vegetable saps and extracts (HS code 13) - an increase of $83.3 thousand;
  • Ores, slag and ash (HS code 26) - an increase of $70.0 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $51.7 thousand.

The largest declines in US exports to Solomon Islands in 2016 over 2015 were recorded for the following product groups:

  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $350.0 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $118.0 thousand;
  • Ships, boats and floating structures (HS code 89) - a decrease of $87.1 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $78.4 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $42.5 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $32.2 thousand.
US exports to Solomon Islands in 2016 by product groups
HS
code
Name of product group Value
of exports
in 2016
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2015
(USD thousand)
Change
in 2016
over 2015
(%)
10 Cereals 522.3 5.28 0.0
13 Lac; gums, resins and other vegetable saps and extracts 111.0 1.12 27.7301.04
21 Miscellaneous edible preparations 272.5 2.75 138.596.81
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 5.2 0.05 0.0
26 Ores, slag and ash 70.0 0.71 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 37.0 0.37 155.1-76.12
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 11.0 0.11 8.037.75
38 Miscellaneous chemical products 177.5 1.79 156.713.28
39 Plastics and articles thereof 26.4 0.27 8.4215.67
40 Rubber and articles thereof 22.4 0.23 0.0
44 Wood and articles of wood; wood charcoal 51.7 0.52 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 21.6 0.22 100.0-78.41
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 16.5 0.17 6.4158.06
72 Iron and steel 5.6 0.06 0.0
73 Articles of iron or steel 165.2 1.67 0.0
74 Copper and articles thereof 2.9 0.03 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 12.0 0.12 0.0
83 Miscellaneous articles of base metal 0.0 0.00 6.1-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 283.8 2.87 316.0-10.18
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 1,397.3 14.12 1,154.321.05
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 16.5 0.17 25.1-34.30
88 Aircraft, spacecraft, and parts thereof 961.7 9.72 1,004.3-4.23
89 Ships, boats and floating structures 0.0 0.00 87.1-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,453.3 14.68 101.31,334.72
91 Clocks and watches and parts thereof 0.0 0.00 7.0-100.00
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 17.4 0.18 10.860.86
95 Toys, games and sports requisites; parts and accessories thereof 5.0 0.05 6.5-23.55
97 Works of art, collectors’ pieces and antiques 50.0 0.51 400.0-87.50
99 Commodities not specified according to kind 4,182.7 42.26 2,142.495.24

US Imports from Solomon Islands

The major share of US imports from Solomon Islands in 2016 (and in 2015) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 81.84% of US total imports from Solomon Islands (91.44% in 2015).

The largest gains in US imports from Solomon Islands in 2016 over 2015 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $177.2 thousand;
  • Live animals (HS code 01) - an increase of $88.9 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) - an increase of $16.8 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $12.9 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $11.7 thousand.

The largest declines in US imports from Solomon Islands in 2016 over the 2015 were recorded for the following product groups:

  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - a decrease of $1,356.9 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $117.6 thousand;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - a decrease of $116.5 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $113.4 thousand;
  • Miscellaneous manufactured articles (HS code 96) - a decrease of $105.2 thousand;
  • Cocoa and cocoa preparations (HS code 18) - a decrease of $94.3 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $25.9 thousand.
US imports from Solomon Islands in 2016 by product groups
HS
code
Name of product group Value
of imports
in 2016
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2015
USD thousand)
Change
in 2016
over 2015
(%)
01 Live animals 172.6 7.48 83.6106.33
03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.0 0.00 117.6-100.00
05 Products of animal origin, not elsewhere specified or included 181.9 7.88 298.3-39.04
08 Edible fruit and nuts; peel of citrus fruit or melons 12.9 0.56 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 87.8 3.80 201.2-56.37
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,327.4 57.50 2,684.3-50.55
18 Cocoa and cocoa preparations 106.6 4.62 200.9-46.93
39 Plastics and articles thereof 6.7 0.29 1.7299.10
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.3 0.01 0.0
44 Wood and articles of wood; wood charcoal 2.9 0.12 28.8-90.02
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 11.7 0.51 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 7.2 0.31 2.9150.87
64 Footwear, gaiters and the like; parts of such articles 3.9 0.17 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 16.8 0.73 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 6.5-100.00
91 Clocks and watches and parts thereof 4.9 0.21 0.0
96 Miscellaneous manufactured articles 36.7 1.59 141.9-74.15
97 Works of art, collectors’ pieces and antiques 40.7 1.77 43.7-6.75
99 Commodities not specified according to kind 287.4 12.45 110.3160.68
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce