China / Solomon Islands

Overview In February 2024, China exported $18.3M and imported $36.6M from Solomon Islands, resulting in a negative trade balance of $18.3M. Between February 2023 and February 2024 the exports of China have increased by $3.16M (20.9%) from $15.1M to $18.3M, while imports increased by $11.4M (45.1%) from $25.2M to $36.6M.

Trade In February 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 February 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 February 2024 the exports of China were mainly from Zhejiang Province ($6.31M), Guangdong Province ($2.32M), Jiangsu Province ($1.69M), Jiangxi Province ($1.3M), and Shanghai Province ($1.26M), while imports destinations were mainly Beijing ($28.1M), Zhejiang Province ($4.48M), Fujian Province ($3.77M), Guangdong Province ($163k), and Jiangxi Province ($71.1k).

Growth In February 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 February 2024, the increase in China's year-by-year imports  from Solomon Islands was explained primarily by an increase in product imports  in Rough Wood ($3.66M or 14.3%), Locust beans, seaweed, sugar beet, cane,... ($253k or 1.13k%), and Coral and Shells ($9.68k or 84.7%).