U.S. Imports of Goods by Customs Basis from Solomon Islands
IMP6223 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.03
Year-over-Year Change
-18.11%
Date Range
1/1/1992 - 6/1/2025
Summary
This economic trend measures the value of goods imported into the U.S. from the Solomon Islands on a customs basis. It provides insights into trade flows and economic relationships between the two countries.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The U.S. Imports of Goods by Customs Basis from Solomon Islands trend represents the total value of all merchandise imported from the Solomon Islands to the United States. This metric is used by economists and policymakers to analyze trade dynamics and the strength of commercial ties between the two nations.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations.
Historical Context
This trend is relevant for assessing the trade balance and commercial policies between the U.S. and Solomon Islands.
Key Facts
- The Solomon Islands is an archipelago country in the South Pacific.
- U.S. imports from the Solomon Islands account for a small fraction of total U.S. imports.
- Trade between the two countries has fluctuated over time due to economic and geopolitical factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods imported from the Solomon Islands to the United States on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship and commercial ties between the U.S. and the Solomon Islands, which is relevant for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declarations.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the trade balance and inform policies related to commercial relationships between the two countries.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines and potential revisions of the U.S. Census Bureau.
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DDOI07SBA648NWDB
Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Solomon Islands
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Use of Financial Services: Number of Loan Accounts at Commercial Banks for Solomon Islands
SLBFCNODCNUM
Constant GDP per capita for the Solomon Islands
NYGDPPCAPKDSLB
Number of Identified Exporters to Solomon Islands from New Hampshire
NHSLBA475SCEN
Number of Identified Exporters to Solomon Islands from Nevada
NVSLBA475SCEN
Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Solomon Islands (IMP6223), retrieved from FRED.