US trade with Gabon in the 4th quarter of 2017

Published or Updated: May 07, 2018

The report on US foreign trade in goods with Gabon in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Gabon

In the 4th quarter of 2017, US trade with Gabon totaled $89.4 million, up 73.90% ($38.0 million) from the 4th quarter of 2016.

US exports to Gabon in the 4th quarter of 2017 totaled $32.8 million, up 49.04% ($10.8 million) from the 4th quarter of 2016.

US imports from Gabon in the 4th quarter of 2017 totaled $56.6 million, up 92.50% ($27.2 million) from the 4th quarter of 2016.

US trade deficit with Gabon in the 4th quarter of 2017 was $23.8 million, a 221.39% increase ($16.4 million) over the 4th quarter of 2016.

Gabon was the US 129th largest trading partner in the 4th quarter of 2017 (up from 144th in the 4th quarter of 2016), accounting for 0.0086% of US total trade (up from 0.0053% in the 4th quarter of 2016).

Gabon was the US 135th largest export market in the 4th quarter of 2017 (up from 145th in the 4th quarter of 2016), accounting for 0.0080% of US total exports (up from 0.0058% in the 4th quarter of 2016).

Gabon was the US 109th largest supplier in the 4th quarter of 2017 (up from 119th in the 4th quarter of 2016), accounting for 0.0089% of US total imports (up from 0.0050% in the 4th quarter of 2016).

US Exports to Gabon

The major share of US exports to Gabon in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 68.26% of US total exports to Gabon (25.82% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 16.67% of US total exports to Gabon (24.46% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.50% of US total exports to Gabon (8.13% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.78% of US total exports to Gabon (3.36% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.36% of US total exports to Gabon (1.75% in the 4th quarter of 2016).

The largest gains in US exports to Gabon in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - an increase of $8.7 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $5.9 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $0.9 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 $0.6 million;
  • Rubber and articles thereof (HS code 40) - an increase of $0.4 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) - an increase of $0.3 million;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $0.3 million;
  • Plastics and articles thereof (HS code 39) - an increase of $0.3 million;
  • Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use (HS code 59) - an increase of $0.3 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $0.3 million;
  • Articles of iron or steel (HS code 73) - 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 $0.2 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 $0.2 million;
  • Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage (HS code 06) - an increase of $0.1 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - 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 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $7.4 million;
  • Iron and steel (HS code 72) - a decrease of $0.3 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - 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.
US exports to Gabon in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
02 Meat and edible meat offal 5,338.5 16.28 5,351.7-0.25
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 126.4 0.39 0.0
10 Cereals 0.0 0.00 14.3-100.00
21 Miscellaneous edible preparations 0.0 0.00 15.0-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 11.7-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0.0 0.00 28.0-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 578.4 1.76 428.035.13
29 Organic chemicals 0.0 0.00 20.1-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 311.8 0.95 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 247.0-100.00
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 5.0 0.02 197.7-97.45
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 19.5 0.06 0.0
38 Miscellaneous chemical products 134.4 0.41 185.7-27.60
39 Plastics and articles thereof 870.0 2.65 583.149.21
40 Rubber and articles thereof 538.6 1.64 126.4326.06
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 8.0 0.02 4.386.15
44 Wood and articles of wood; wood charcoal 34.9 0.11 3.2992.61
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2.7 0.01 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 259.9 0.79 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 5.0 0.02 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 21.4 0.07 14.943.77
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 473.0 1.44 350.534.96
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 11.6-100.00
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 10.9 0.03 0.0
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 4.5 0.01 7.5-39.84
69 Ceramic products 6.7 0.02 15.2-55.92
70 Glass and glassware 18.6 0.06 6.4191.49
72 Iron and steel 7.8 0.02 292.1-97.32
73 Articles of iron or steel 642.4 1.96 422.951.90
74 Copper and articles thereof 0.0 0.00 7.5-100.00
76 Aluminum and articles thereof 3.3 0.01 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 254.7 0.78 0.0
83 Miscellaneous articles of base metal 3.3 0.01 17.8-81.52
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 9,836.5 30.00 3,908.9151.64
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 1,642.1 5.01 996.664.77
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 341.2 1.04 6.35,286.66
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,311.2 4.00 423.6209.57
88 Aircraft, spacecraft, and parts thereof 100.9 0.31 42.5137.67
89 Ships, boats and floating structures 8,724.2 26.60 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 427.2 1.30 303.940.61
91 Clocks and watches and parts thereof 7.0 0.02 6.57.80
92 Musical instruments; parts and accessories of such articles 0.0 0.00 10.0-100.00
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 238.5 0.73 26.5799.88
95 Toys, games and sports requisites; parts and accessories thereof 4.1 0.01 15.0-73.04
96 Miscellaneous manufactured articles 0.0 0.00 2.8-100.00
97 Works of art, collectors’ pieces and antiques 0.0 0.00 4.5-100.00
99 Commodities not specified according to kind 479.2 1.46 7,893.0-93.93

US Imports from Gabon

The major share of US imports from Gabon in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 95.03% of US total imports from Gabon (87.76% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 2.59% of US total imports from Gabon (0.63% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.96% of US total imports from Gabon (8.40% in the 4th quarter of 2016).

The largest gains in US imports from Gabon in the 4th quarter of 2017 over the 4th 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 $25.5 million;
  • Ores, slag and ash (HS code 26) - an increase of $2.5 million;
  • Rubber and articles thereof (HS code 40) - an increase of $1.3 million.

The largest declines in US imports from Gabon in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $1.4 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $0.4 million.
US imports from Gabon in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
26 Ores, slag and ash 13,788.3 24.34 11,265.822.39
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 40,035.8 70.69 14,554.4175.08
30 Pharmaceutical products 29.5 0.05 0.0
40 Rubber and articles thereof 1,439.6 2.54 186.2673.25
44 Wood and articles of wood; wood charcoal 1,109.2 1.96 2,460.8-54.93
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 11.0-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 42.1 0.07 0.0
73 Articles of iron or steel 2.8 0.00 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 16.5 0.03 23.4-29.38
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 29.8 0.05 121.1-75.40
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 32.7 0.06 87.6-62.67
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 14.7 0.03 8.182.01
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 1.1 0.00 0.0
97 Works of art, collectors’ pieces and antiques 11.4 0.02 460.7-97.53
99 Commodities not specified according to kind 84.0 0.15 243.0-65.44
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce