US trade with Gabon in the 3rd quarter of 2017

Published or Updated: Apr 10, 2018

The report on US foreign trade in goods with Gabon in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Gabon

In the 3rd quarter of 2017, US trade with Gabon totaled $105.0 million, up 98.44% ($52.1 million) from the 3rd quarter of 2016.

US exports to Gabon in the 3rd quarter of 2017 totaled $23.5 million, up 62.87% ($9.1 million) from the 3rd quarter of 2016.

US imports from Gabon in the 3rd quarter of 2017 totaled $81.5 million, up 111.78% ($43.0 million) from the 3rd quarter of 2016.

US trade deficit with Gabon in the 3rd quarter of 2017 was $58.0 million, a 141.09% increase ($34.0 million) over the 3rd quarter of 2016.

Gabon was the US 116th largest trading partner in the 3rd quarter of 2017 (up from 140th in the 3rd quarter of 2016), accounting for 0.0106% of US total trade (up from 0.0065% in the 3rd quarter of 2016).

Gabon was the US 142nd largest export market in the 3rd quarter of 2017 (up from 149th in the 3rd quarter of 2016), accounting for 0.0062% of US total exports (up from 0.0042% in the 3rd quarter of 2016).

Gabon was the US 101st largest supplier in the 3rd quarter of 2017 (up from 115th in the 3rd quarter of 2016), accounting for 0.0135% of US total imports (up from 0.0081% in the 3rd quarter of 2016).

US Exports to Gabon

The major share of US exports to Gabon in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 53.73% of US total exports to Gabon (45.01% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 16.61% of US total exports to Gabon (3.76% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 16.31% of US total exports to Gabon (34.77% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.82% of US total exports to Gabon (10.17% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.73% of US total exports to Gabon (2.64% in the 3rd quarter of 2016).

The largest gains in US exports to Gabon in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $3.7 million;
  • Articles of iron or steel (HS code 73) - an increase of $3.4 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $1.7 million;
  • Plastics and articles thereof (HS code 39) - an increase of $0.7 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $0.6 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 $0.3 million;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $0.2 million;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $0.2 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) - an increase of $0.1 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $0.1 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $0.1 million;
  • Man-made staple fibers (HS code 55) - an increase of $0.1 million.

The largest declines in US exports to Gabon in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Meat and edible meat offal (HS code 02) - a decrease of $1.2 million;
  • Miscellaneous chemical products (HS code 38) - a decrease of $0.2 million;
  • Organic chemicals (HS code 29) - a decrease 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) - a decrease of $0.2 million;
  • Copper and articles thereof (HS code 74) - a decrease of $0.1 million;
  • Rubber and articles thereof (HS code 40) - a decrease of $0.1 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $0.1 million.
US exports to Gabon in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
02 Meat and edible meat offal 3,779.1 16.08 4,964.1-23.87
05 Products of animal origin, not elsewhere specified or included 0.0 0.00 29.2-100.00
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0.0 0.00 4.2-100.00
13 Lac; gums, resins and other vegetable saps and extracts 16.5 0.07 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0.0 0.00 7.5-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 7.5-100.00
21 Miscellaneous edible preparations 38.3 0.16 0.0
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 4.5-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 31.4 0.13 29.17.92
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 459.6 1.96 109.6319.32
29 Organic chemicals 0.0 0.00 217.2-100.00
30 Pharmaceutical products 0.0 0.00 6.8-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 168.2 0.72 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 60.8-100.00
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 20.8 0.09 190.4-89.09
35 Albuminoidal substances; modified starches; glues; enzymes 7.0 0.03 0.0
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 15.9 0.07 77.1-79.39
38 Miscellaneous chemical products 26.8 0.11 258.0-89.60
39 Plastics and articles thereof 1,111.6 4.73 383.9189.59
40 Rubber and articles thereof 27.7 0.12 164.3-83.17
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 3.3 0.01 3.17.51
44 Wood and articles of wood; wood charcoal 62.5 0.27 11.2460.46
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 12.5-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 6.2 0.03 0.0
55 Man-made staple fibers 94.9 0.40 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 7.5-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 4.3 0.02 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 300.0 1.28 363.2-17.41
64 Footwear, gaiters and the like; parts of such articles 3.0 0.01 7.5-59.67
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 3.4 0.01 3.111.11
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 167.4 0.71 3.15,258.74
69 Ceramic products 21.6 0.09 41.2-47.59
72 Iron and steel 3.2 0.01 17.3-81.59
73 Articles of iron or steel 3,820.7 16.26 377.7911.65
74 Copper and articles thereof 3.5 0.02 144.3-97.55
76 Aluminum and articles thereof 9.8 0.04 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 61.6 0.26 3.01,954.40
83 Miscellaneous articles of base metal 4.6 0.02 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 7,581.8 32.26 3,906.994.06
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 1,283.6 5.46 1,263.11.63
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 40.7 0.17 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,737.9 11.65 1,005.6172.26
88 Aircraft, spacecraft, and parts thereof 7.3 0.03 84.4-91.34
89 Ships, boats and floating structures 122.4 0.52 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 854.3 3.63 234.7263.97
91 Clocks and watches and parts thereof 0.0 0.00 6.6-100.00
92 Musical instruments; parts and accessories of such articles 0.0 0.00 15.0-100.00
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 206.6 0.88 66.5210.70
95 Toys, games and sports requisites; parts and accessories thereof 9.1 0.04 54.0-83.11
96 Miscellaneous manufactured articles 0.0 0.00 35.9-100.00
99 Commodities not specified according to kind 387.1 1.65 249.455.17

US Imports from Gabon

The major share of US imports from Gabon in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 94.03% of US total imports from Gabon (85.73% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 2.17% of US total imports from Gabon (4.38% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.11% of US total imports from Gabon (0.01% in the 3rd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.68% of US total imports from Gabon (6.89% in the 3rd quarter of 2016).

The largest gains in US imports from Gabon in the 3rd quarter of 2017 over the 3rd 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 $41.1 million;
  • Ores, slag and ash (HS code 26) - an increase of $2.6 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.8 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $0.8 million.

The largest declines in US imports from Gabon in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $2.1 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $0.4 million.
US imports from Gabon in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 3.0 0.00 0.0
22 Beverages, spirits and vinegar 0.0 0.00 2.6-100.00
26 Ores, slag and ash 14,826.7 18.18 12,219.121.34
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 61,847.4 75.85 20,791.1197.47
39 Plastics and articles thereof 33.5 0.04 0.0
40 Rubber and articles thereof 1,735.7 2.13 1,687.12.88
44 Wood and articles of wood; wood charcoal 551.5 0.68 2,647.1-79.17
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 4.4-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 2.4 0.00 0.0
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 2.2 0.00 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 58.6 0.07 8.3608.04
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 846.7 1.04 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 45.6 0.06 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 15.7 0.02 3.2396.35
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 9.0 0.01 0.0
97 Works of art, collectors’ pieces and antiques 801.4 0.98 25.53,048.89
99 Commodities not specified according to kind 761.3 0.93 1,114.9-31.71
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce