US trade with Gibraltar in the 2nd quarter of 2017

Published or Updated: Sep 10, 2017

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

US Trade with Gibraltar

In the 2nd quarter of 2017, US trade with Gibraltar was $299.9 million, down 51.00% ($312.1 million) from the 2nd quarter of 2016.

US exports to Gibraltar in the 2nd quarter of 2017 were $299.7 million, down 51.02% ($312.2 million) from the 2nd quarter of 2016.

US imports from Gibraltar in the 2nd quarter of 2017 totaled $0.1 million, up 63.29% ($0.1 million) from the 2nd quarter of 2016.

US trade surplus with Gibraltar in the 2nd quarter of 2017 was $299.6 million, a 51.04% decrease ($312.3 million) over the 2nd quarter of 2016.

Gibraltar was the US 91st largest trading partner in the 2nd quarter of 2017 (down from 73rd in the 2nd quarter of 2016), accounting for 0.0304% of US total trade (down from 0.0661% in the 2nd quarter of 2016).

Gibraltar was the US 72nd largest export market in the 2nd quarter of 2017 (down from 54th in the 2nd quarter of 2016), accounting for 0.0779% of US total exports (down from 0.1683% in the 2nd quarter of 2016).

Gibraltar was the US 208th largest supplier in the 2nd quarter of 2017 (up from 211th in the 2nd quarter of 2016), accounting for 0.0000% of US total imports (just as in the 2nd quarter of 2016).

US Exports to Gibraltar

The major share of US exports to Gibraltar 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) - 73.46% of US total exports to Gibraltar (72.73% in the 2nd quarter of 2016).

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

  • Ships, boats and floating structures (HS code 89) - an increase of $1.8 million.

The largest declines in US exports to Gibraltar 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) - a decrease of $224.8 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $3.7 million.
US exports to Gibraltar 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
(%)
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 82.0 0.03 0.0
13 Lac; gums, resins and other vegetable saps and extracts 6.4 0.00 5.223.09
21 Miscellaneous edible preparations 41.5 0.01 67.5-38.51
24 Tobacco and manufactured tobacco substitutes 236.3 0.08 30.4678.53
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 220,174.1 73.46 445,007.7-50.52
29 Organic chemicals 0.0 0.00 45.5-100.00
30 Pharmaceutical products 0.0 0.00 14.6-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 18.3 0.01 0.0
38 Miscellaneous chemical products 0.0 0.00 4.2-100.00
40 Rubber and articles thereof 2.9 0.00 0.0
44 Wood and articles of wood; wood charcoal 28.0 0.01 5.5410.47
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 12.9-100.00
54 Man-made filaments 0.0 0.00 4.7-100.00
55 Man-made staple fibers 7.0 0.00 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 9.3 0.00 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 16.6 0.01 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 220.4-100.00
65 Headgear and parts thereof 2.6 0.00 0.0
70 Glass and glassware 0.0 0.00 5.7-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 301.9 0.10 252.119.75
73 Articles of iron or steel 2.8 0.00 0.0
76 Aluminum and articles thereof 0.0 0.00 3.2-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 8.1 0.00 6.917.30
83 Miscellaneous articles of base metal 3.1 0.00 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 501.2 0.17 1,185.7-57.73
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 64.1 0.02 189.1-66.12
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 10.4 0.00 157.5-93.37
89 Ships, boats and floating structures 1,800.0 0.60 50.03,500.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 6.3 0.00 9.6-34.79
91 Clocks and watches and parts thereof 5.4 0.00 0.0
92 Musical instruments; parts and accessories of such articles 0.0 0.00 5.8-100.00
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 4.6-100.00
95 Toys, games and sports requisites; parts and accessories thereof 8.5 0.00 60.6-85.99
96 Miscellaneous manufactured articles 4.5 0.00 0.0
97 Works of art, collectors’ pieces and antiques 444.5 0.15 4,101.4-89.16

US Imports from Gibraltar

The major share of US imports from Gibraltar 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) - 44.74% of US total imports from Gibraltar (49.37% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.53% of US total imports from Gibraltar (0.00% in the 2nd quarter of 2016).

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

  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $0.0 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.0 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.0 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $0.0 million.

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

  • No product groups with a substantial decrease.
US imports from Gibraltar 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
(%)
73 Articles of iron or steel 3.8 2.53 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 62.9 42.51 44.840.61
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 3.3 2.23 0.0
97 Works of art, collectors’ pieces and antiques 66.5 44.94 31.9108.84
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce