China / Solomon Islands

Overview In July 2024, China exported $21M and imported $34.5M from Solomon Islands, resulting in a negative trade balance of $13.6M. Between July 2023 and July 2024 the exports of China have increased by $5.79M (38.2%) from $15.2M to $21M, while imports decreased by $-4.86M (-12.3%) from $39.4M to $34.5M.

Trade In July 2024, the top exports of China to Solomon Islands were Insulated Wire ($1.73M), Coated Flat-Rolled Iron ($1.48M), Non-fillet Frozen Fish ($828k), Aluminium Structures ($740k), and Iron Structures ($713k). In July 2024 the top imports of China from Solomon Islands were Rough Wood ($29.2M), Locust beans, seaweed, sugar beet, cane,... ($276k), Coral and Shells ($21.1k), and Commodities not elsewhere specified ($5).

Origins In July 2024 the exports of China were mainly from Guangdong Province ($5.75M), Zhejiang Province ($3.66M), Jiangsu Province ($2.86M), Jiangxi Province ($2.48M), and Shandong Province ($1.48M), while imports destinations were mainly Beijing ($15.4M), Shandong Province ($6.43M), Shanxi Province ($5.95M), Guangdong Province ($3.65M), and Henan Province ($1.72M).

Growth In July 2024, the increase in China's year-by-year exports to Solomon Islands was explained primarily by an increase in product exports in Insulated Wire ($1.67M or 2.84k%), Coated Flat-Rolled Iron ($1.27M or 616%), and Non-fillet Frozen Fish ($765k or 1.21k%). In July 2024, the decrease in China's year-by-year imports  from Solomon Islands was explained primarily by an decrease in product imports  in Commodities not elsewhere specified ($-446 or -98.9%).