US trade with Gabon in the 2nd quarter of 2017

Published or Updated: Sep 16, 2017

The report on US foreign trade in goods with Gabon in the 2nd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Gabon

In the 2nd quarter of 2017, US trade with Gabon totaled $70.5 million, up 84.03% ($32.2 million) from the 2nd quarter of 2016.

US exports to Gabon in the 2nd quarter of 2017 were $15.7 million, down 32.01% ($7.4 million) from the 2nd quarter of 2016.

US imports from Gabon in the 2nd quarter of 2017 totaled $54.8 million, up 259.54% ($39.6 million) from the 2nd quarter of 2016.

US trade balance with Gabon went from a surplus of $7.8 million in the 2nd quarter of 2016, to a deficit of $39.1 million in the 2nd quarter of 2017.

Gabon was the US 132nd largest trading partner in the 2nd quarter of 2017 (up from 147th in the 2nd quarter of 2016), accounting for 0.0071% of US total trade (up from 0.0041% in the 2nd quarter of 2016).

Gabon was the US 153rd largest export market in the 2nd quarter of 2017 (down from 137th in the 2nd quarter of 2016), accounting for 0.0041% of US total exports (down from 0.0063% in the 2nd quarter of 2016).

Gabon was the US 109th largest supplier in the 2nd quarter of 2017 (up from 132nd in the 2nd quarter of 2016), accounting for 0.0091% of US total imports (up from 0.0027% in the 2nd quarter of 2016).

US Exports to Gabon

The major share of US exports to Gabon in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 44.23% of US total exports to Gabon (64.05% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 31.34% of US total exports to Gabon (14.01% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 14.14% of US total exports to Gabon (4.69% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 3.09% of US total exports to Gabon (4.89% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.71% of US total exports to Gabon (4.38% in the 2nd quarter of 2016).

The largest gains in US exports to Gabon in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Meat and edible meat offal (HS code 02) - an increase of $1.7 million;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $0.5 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $0.4 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $0.2 million;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $0.2 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $0.2 million;
  • Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster (HS code 34) - an increase of $0.1 million;
  • Rubber and articles thereof (HS code 40) - an increase of $0.1 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $0.1 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $0.1 million.

The largest declines in US exports to Gabon in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $4.8 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $2.4 million;
  • Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds (HS code 86) - a decrease of $0.7 million;
  • Cotton (HS code 52) - a decrease of $0.7 million;
  • Articles of iron or steel (HS code 73) - a decrease of $0.4 million;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - a decrease of $0.4 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $0.4 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $0.1 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $0.1 million;
  • Copper and articles thereof (HS code 74) - a decrease of $0.1 million.
US exports to Gabon in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q2 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
02 Meat and edible meat offal 4,885.6 31.17 3,225.351.48
21 Miscellaneous edible preparations 27.0 0.17 0.0
22 Beverages, spirits and vinegar 0.0 0.00 4.0-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 15.9 0.10 2.7492.16
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 499.9 3.19 35.01,328.96
30 Pharmaceutical products 0.0 0.00 16.5-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 212.6 1.36 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 377.8 2.41 129.9190.82
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 181.9 1.16 78.4132.00
35 Albuminoidal substances; modified starches; glues; enzymes 24.8 0.16 9.1172.22
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 11.9 0.08 0.0
38 Miscellaneous chemical products 227.5 1.45 158.743.33
39 Plastics and articles thereof 507.0 3.23 582.2-12.92
40 Rubber and articles thereof 172.4 1.10 71.5140.99
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 6.5 0.04 0.0
44 Wood and articles of wood; wood charcoal 13.8 0.09 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 24.2-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 4.8-100.00
52 Cotton 0.0 0.00 700.7-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 5.7-100.00
57 Carpets and other textile floor coverings 18.3 0.12 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 20.1 0.13 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 445.3 2.84 382.416.44
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 38.1-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3.0 0.02 0.0
69 Ceramic products 0.0 0.00 21.0-100.00
70 Glass and glassware 5.2 0.03 0.0
72 Iron and steel 10.0 0.06 0.0
73 Articles of iron or steel 390.9 2.49 832.4-53.04
74 Copper and articles thereof 5.0 0.03 63.0-92.06
80 Tin and articles thereof 0.0 0.00 17.4-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 15.9 0.10 97.5-83.71
83 Miscellaneous articles of base metal 3.2 0.02 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 3,917.4 24.99 6,332.2-38.14
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 1,124.8 7.18 5,938.5-81.06
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 90.9 0.58 831.2-89.06
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 837.7 5.34 684.322.41
88 Aircraft, spacecraft, and parts thereof 42.3 0.27 399.1-89.41
89 Ships, boats and floating structures 400.8 2.56 31.21,184.61
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 518.9 3.31 550.8-5.79
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 394.9 2.52 790.5-50.05
95 Toys, games and sports requisites; parts and accessories thereof 0.0 0.00 16.3-100.00
96 Miscellaneous manufactured articles 4.1 0.03 27.2-84.87

US Imports from Gabon

The major share of US imports from Gabon in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 91.75% of US total imports from Gabon (50.52% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 3.24% of US total imports from Gabon (4.78% in the 2nd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.68% of US total imports from Gabon (9.24% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.24% of US total imports from Gabon (2.30% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 0.09% of US total imports from Gabon (2.74% in the 2nd quarter of 2016).

The largest gains in US imports from Gabon in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $27.4 million;
  • Ores, slag and ash (HS code 26) - an increase of $15.1 million;
  • Rubber and articles thereof (HS code 40) - an increase of $0.9 million.

The largest declines in US imports from Gabon in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $0.5 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $0.3 million;
  • Iron and steel (HS code 72) - a decrease of $0.2 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $0.2 million.
US imports from Gabon in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q2 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
05 Products of animal origin, not elsewhere specified or included 3.9 0.01 0.0
26 Ores, slag and ash 15,846.6 28.91 713.32,121.45
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 34,435.9 62.83 6,987.3392.84
30 Pharmaceutical products 67.9 0.12 0.0
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 40.0 0.07 0.0
40 Rubber and articles thereof 1,668.4 3.04 729.2128.80
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 8.4 0.02 0.0
44 Wood and articles of wood; wood charcoal 919.9 1.68 1,409.0-34.71
61 Articles of apparel and clothing accessories, knitted or crocheted 20.1 0.04 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 4.0 0.01 0.0
72 Iron and steel 0.0 0.00 218.8-100.00
81 Other base metals; cermets; articles thereof 0.0 0.00 163.1-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 49.5 0.09 35.639.16
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 47.5-100.00
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 130.2 0.24 298.5-56.39
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 5.2-100.00
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 0.0 0.00 1.7-100.00
97 Works of art, collectors’ pieces and antiques 977.9 1.78 1,295.2-24.50
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce