US trade with Gibraltar in the 1st quarter of 2017

Published or Updated: Jul 25, 2017

The report on US foreign trade in goods with Gibraltar in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Gibraltar

In the 1st quarter of 2017, US trade with Gibraltar was $314.8 million, down 0.89% ($2.8 million) from the 1st quarter of 2016.

US exports to Gibraltar in the 1st quarter of 2017 were $314.7 million, down 0.89% ($2.8 million) from the 1st quarter of 2016.

US imports from Gibraltar in the 1st quarter of 2017 totaled $0.1 million, up 20.75% ($0.0 million) from the 1st quarter of 2016.

US trade surplus with Gibraltar in the 1st quarter of 2017 was $314.6 million, a 0.90% decrease ($2.9 million) over the 1st quarter of 2016.

Gibraltar was the US 85th largest trading partner in the 1st quarter of 2017 (just as in the 1st quarter of 2016), accounting for 0.0336% of US total trade (down from 0.0363% in the 1st quarter of 2016).

Gibraltar was the US 72nd largest export market in the 1st quarter of 2017 (down from 69th in the 1st quarter of 2016), accounting for 0.0845% of US total exports (down from 0.0914% in the 1st quarter of 2016).

Gibraltar was the US 207th largest supplier in the 1st quarter of 2017 (down from 206th in the 1st quarter of 2016), accounting for 0.0000% of US total imports (just as in the 1st quarter of 2016).

US Exports to Gibraltar

The major share of US exports to Gibraltar in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 73.20% of US total exports to Gibraltar (73.51% in the 1st quarter of 2016).

The largest gains in US exports to Gibraltar in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $0.9 million.

The largest declines in US exports to Gibraltar in the 1st quarter of 2017 over the 1st 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) - a decrease of $3.1 million.
US exports to Gibraltar in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 4.7 0.00 2.773.85
13 Lac; gums, resins and other vegetable saps and extracts 19.3 0.01 0.0
21 Miscellaneous edible preparations 144.4 0.05 39.0270.42
24 Tobacco and manufactured tobacco substitutes 24.1 0.01 26.3-8.37
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 230,356.4 73.20 233,410.5-1.31
29 Organic chemicals 50.5 0.02 42.618.56
30 Pharmaceutical products 20.8 0.01 3.7467.56
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 11.5-100.00
44 Wood and articles of wood; wood charcoal 0.0 0.00 38.6-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 5.5 0.00 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 7.2 0.00 0.0
57 Carpets and other textile floor coverings 20.3 0.01 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 19.3 0.01 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 10.4 0.00 17.8-41.67
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 5.2 0.00 6.6-21.45
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 153.9 0.05 391.5-60.69
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 128.3 0.04 170.4-24.67
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 56.0 0.02 33.666.53
88 Aircraft, spacecraft, and parts thereof 33.5 0.01 11.8182.53
89 Ships, boats and floating structures 145.3 0.05 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2.5 0.00 9.2-72.78
91 Clocks and watches and parts thereof 7.8 0.00 10.6-26.16
92 Musical instruments; parts and accessories of such articles 0.0 0.00 6.5-100.00
95 Toys, games and sports requisites; parts and accessories thereof 40.0 0.01 17.5128.15
97 Works of art, collectors’ pieces and antiques 948.7 0.30 0.0

US Imports from Gibraltar

The major share of US imports from Gibraltar in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 36.12% of US total imports from Gibraltar (0.00% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 6.46% of US total imports from Gibraltar (0.00% in the 1st quarter of 2016).

The largest gains in US imports from Gibraltar in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $0.0 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.0 million;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $0.0 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) - an increase of $0.0 million.

The largest declines in US imports from Gibraltar in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $0.0 million.
US imports from Gibraltar in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 5.9 6.46 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 9.0 9.78 0.0
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 3.5 3.82 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 20.7 22.52 0.0
97 Works of art, collectors’ pieces and antiques 3.2 3.43 13.8-77.20
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce