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Solomon Islands

Solomon Islands ranked No. 202 in total trade value through October with a total of $13.89 million. Exports totaled $10.57 million and Imports totaled $3.32 million, a surplus of $7.25 million.

January – October 2018

Top Trading Ports

Total Trade: $13.89 million

RankPortTotal YTD
1Low-Valued Imports and Exports $3,983,164
2Los Angeles International Airport $2,537,889
3Port of Long Beach $1,997,443
4Port of Savannah, Ga. $1,210,577
5Port of Newark $1,160,252
6Port of Los Angeles $935,494
7Cleveland’s Hopkins International Airport, Ohio $630,084
8Mail Shipments $330,364
9Miami International Airport $312,798
10John F. Kennedy International Airport $141,937

U.S. trade with Solomon Islands rose to $13.89 million through October

Solomon Islands’s trade with the United States rose to $13.89 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 28.12 percent above its total trade during the same time period last year. Solomon Islands’s exports increased 32.5 percent while imports rose 15.9 percent. The U.S. surplus with Solomon Islands was $7.25 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Low-Valued Imports and Exports; No. 2 Los Angeles International Airport; No. 3 Port of Long Beach; No. 4 Port of Savannah, Ga.; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Low-Valued Imports and Exports No. 2 Port of Savannah, Ga. No. 3 Port of Oakland, Calif. No. 4 Port of Long Beach and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 78.41 percent of Solomon Islands’s U.S. trade.

Among those top five:

  • Trade with No. 1 Low-Valued Imports and Exports rose 34.16 percent to $3.98 million.
    Exports rose 34.16 percent to $3.98 million. There were no imports.
  • Trade with No. 2 Los Angeles International Airport rose 220.33 percent to $2.54 million.
    Exports rose 252.8 percent to $2.16 million. Imports rose 108.96 percent to $373,708.
  • Trade with No. 3 Port of Long Beach rose 115.3 percent to $2 million.
    Exports rose 200.28 percent to $1.78 million. Imports fell 34.53 percent to $219,788.
  • Trade with No. 4 Port of Savannah, Ga. fell 42.23 percent to $1.21 million.
    Exports fell 42.47 percent to $80,025. Imports fell 42.21 percent to $1.13 million.
  • Trade with No. 5 Port of Newark totaled $1.16 million.
    There were no exports. Imports totaled $1.16 million.

Solomon Islands ranked No. 202 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 198.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Solomon Islands by value through October were the categories of Low value shipments; Misc. engines and motors, parts; Civilian aircraft, parts; Cranes, derricks, industrial-use vehicles; and Cell phones, related equipment, respectively. They accounted for 77.28 percent of total exports to Solomon Islands.

The value of the top five categories of U.S. imports from Solomon Islands –– Caviar, caviar substitutes, other prepared fish; Plants for pharmacy, perfume, insecticides; Coral, shell of mollusks; Misc. live animals; and Antiques –– accounted for 96.58 percent of all inbound shipments.

Looking more closely at U.S. exports to Solomon Islands:

  • Low value shipments rose 34.16 percent compared to last year to $3.98 million.
  • Misc. engines and motors, parts rose 2767.12 percent compared to last year to $1.61 million.
  • Civilian aircraft, parts fell 31.08 percent compared to last year to $922,599.
  • Cranes, derricks, industrial-use vehicles totaled $840,000. The previous year, there were no exports in this category.
  • Cell phones, related equipment rose 55.32 percent compared to last year to $814,160.

Looking more closely at U.S. imports from Solomon Islands:

  • Caviar, caviar substitutes, other prepared fish rose 27.4 percent compared to last year to $2.49 million.
  • Plants for pharmacy, perfume, insecticides rose 713.39 percent compared to last year to $221,894.
  • Coral, shell of mollusks fell 39.55 percent compared to last year to $218,525.
  • Misc. live animals rose 108.86 percent compared to last year to $138,724.
  • Antiques rose 795.64 percent compared to last year to $134,435.

In the latest annual figures available, Solomon Islands recorded $12.69 million in trade with the United States. At year’s end, its were Low Value Shipments; Atlanta/Savannah; Los Angeles; San Francisco; and New York City. Total U.S. exports to Solomon Islands were $ 9.3 million and imports from Solomon Islands were $3.38 million. The U.S. surplus with Solomon Islands was $5.92 million.