China / Solomon Islands

Overview In October 2024, China exported $19.4M and imported $26.3M from Solomon Islands, resulting in a negative trade balance of $6.96M. Between October 2023 and October 2024 the exports of China have decreased by $-7.53M (-28%) from $26.9M to $19.4M, while imports decreased by $-14.9M (-36.2%) from $41.2M to $26.3M.

Trade In October 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 October 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 October 2024 the exports of China were mainly from Zhejiang Province ($3.93M), Jiangsu Province ($3.42M), Jiangxi Province ($2.15M), Guangdong Province ($1.51M), and Hubei Province ($1.11M), while imports destinations were mainly Beijing ($15.7M), Jiangsu Province ($2.28M), Shandong Province ($2.25M), Fujian Province ($1.94M), and Henan Province ($1.82M).

Growth In October 2024, the decrease in China's year-by-year exports to Solomon Islands was explained primarily by an decrease in product exports in Other Prepared Meat ($-516k or -91.2%), Cement ($-223k or -58.2%), and Raw Plastic Sheeting ($-161k or -70%). In October 2024, the decrease in China's year-by-year imports  from Solomon Islands was explained primarily by an decrease in product imports  in Commodities not elsewhere specified ($-446 or -98.9%).