Solomon Isds-USA Bilateral Trade Analysis 2023
Complete trade statistics: $6.82M total volume •Solomon Isds deficit: $4.60M
Solomon Isds → USA
$1.11M
Exports (2023)
USA → Solomon Isds
$5.71M
Imports (2023)
Trade Balance
$4.60M
Deficit for Solomon Isds
Total Trade
$6.82M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Solomon Isds and USA. Green line shows exports from Solomon Isds, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Solomon Isds-USA commercial relationship and competitive positioning in global markets.
Solomon Isds → USA Exports
Export Market Intelligence
🎯 Strategic Export Focus
Solomon Isds's export portfolio to USA demonstrates strategic specialization, with plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered representing a key competitive advantage in this bilateral market.
USA → Solomon Isds Imports
Import Dependency Profile
📦 Import Strategy Analysis
Solomon Isds's import pattern from USA reveals significant dependencyin meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Solomon Isds demonstrates competitive strength in exportingplants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered to USA, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $6.82M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Solomon Isds-USA Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $6.82 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Solomon Isds maintains a deficit of $4.60 million
- Export Focus: Solomon Isds's primary exports include plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered, animal products: coral and similar materials, shells of molluscs, crustaceans, echinoderms, cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof, reptiles: live (including snakes and turtles)
- Import Dependencies: Key imports from USA include meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, telephones for cellular networks or for other wireless networks, vaccines: for human medicine
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $6.82M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Solomon Isds leveraging its comparative advantages in plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Solomon Isds's specialization in plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powderedcomplements USA's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $6.82M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $6.82M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $6.82 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered and meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Solomon Isds's trade deficit of $4.60 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Solomon Isds and USA represents a total trade volume of $6.82 million in 2023. This partnership demonstrates an unfavorable trade balance for Solomon Isds, with imports exceeding exportsby $4.60 million.
Export Strengths
Solomon Isds's exports to USA total $1.11 million, with competitive advantages in plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered, representing $393,002 or35.4% of bilateral exports.
Import Dependencies
Imports from USA amount to $5.71 million, highlighting economic interdependence in meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, with Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen comprising31.1% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Solomon Isds's strategic sourcing from USA. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Solomon Isds and USA in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023