US trade with Gibraltar in the 3rd quarter of 2017

Published or Updated: May 24, 2018

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

US Trade with Gibraltar

In the 3rd quarter of 2017, US trade with Gibraltar was $246.1 million, down 38.05% ($151.2 million) from the 3rd quarter of 2016.

US exports to Gibraltar in the 3rd quarter of 2017 were $246.0 million, down 38.07% ($151.2 million) from the 3rd quarter of 2016.

US imports from Gibraltar in the 3rd quarter of 2017 totaled $0.1 million, up 30.81% ($0.0 million) from the 3rd quarter of 2016.

US trade surplus with Gibraltar in the 3rd quarter of 2017 was $245.9 million, a 38.08% decrease ($151.2 million) over the 3rd quarter of 2016.

Gibraltar was the US 93rd largest trading partner in the 3rd quarter of 2017 (down from 83rd in the 3rd quarter of 2016), accounting for 0.0249% of US total trade (down from 0.0485% in the 3rd quarter of 2016).

Gibraltar was the US 77th largest export market in the 3rd quarter of 2017 (down from 65th in the 3rd quarter of 2016), accounting for 0.0645% of US total exports (down from 0.1146% in the 3rd quarter of 2016).

Gibraltar was the US 210th largest supplier in the 3rd quarter of 2017 (just as in the 3rd quarter of 2016), accounting for 0.0000% of US total imports (just as in the 3rd quarter of 2016).

US Exports to Gibraltar

The major share of US exports to Gibraltar 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) - 72.95% of US total exports to Gibraltar (73.40% in the 3rd quarter of 2016).

The largest gains in US exports to Gibraltar in the 3rd quarter of 2017 over the 3rd 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 $0.8 million.

The largest declines in US exports to Gibraltar 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) - a decrease of $112.1 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $39.5 million.
US exports to Gibraltar 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
(%)
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 10.2-100.00
21 Miscellaneous edible preparations 32.5 0.01 32.6-0.22
24 Tobacco and manufactured tobacco substitutes 27.9 0.01 40.7-31.30
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 179,467.3 72.95 291,559.4-38.45
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 6.9 0.00 0.0
29 Organic chemicals 2.9 0.00 29.4-90.29
30 Pharmaceutical products 5.9 0.00 3.854.93
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 30.9 0.01 3.9700.49
44 Wood and articles of wood; wood charcoal 22.3 0.01 20.68.23
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 304.0 0.12 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 5.0 0.00 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 145.0-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 358.1 0.15 502.1-28.67
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 5.0 0.00 4.83.79
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 87.5 0.04 98.3-10.99
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 129.9 0.05 82.757.13
88 Aircraft, spacecraft, and parts thereof 4.6 0.00 0.0
89 Ships, boats and floating structures 98.5 0.04 249.3-60.48
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 847.7 0.34 0.0
91 Clocks and watches and parts thereof 83.8 0.03 399.4-79.02
95 Toys, games and sports requisites; parts and accessories thereof 6.3 0.00 31.6-79.94
96 Miscellaneous manufactured articles 0.0 0.00 3.3-100.00
97 Works of art, collectors’ pieces and antiques 0.0 0.00 19.0-100.00
99 Commodities not specified according to kind 64,478.0 26.21 103,967.6-37.98

US Imports from Gibraltar

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

  • Precious metals and stones (HS code 71) - 82.16% of US total imports from Gibraltar (0.00% in the 3rd quarter of 2016);
  • Mineral products (HS codes 25-27) - 7.86% of US total imports from Gibraltar (0.00% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.94% of US total imports from Gibraltar (4.78% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.00% of US total imports from Gibraltar (9.28% in the 3rd quarter of 2016).
  • Textiles, textile products and footwear (HS codes 50-67) - 0.00% of US total imports from Gibraltar (1.52% in the 3rd quarter of 2016).

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

  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $0.1 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - 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 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $0.1 million;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $0.0 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $0.0 million;
  • Man-made filaments (HS code 54) - a decrease of $0.0 million.
US imports from Gibraltar 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
(%)
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0.0 0.00 8.6-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 9.6 7.86 0.0
54 Man-made filaments 0.0 0.00 1.4-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 100.0 82.16 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 4.4-100.00
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 4.8 3.94 0.0
99 Commodities not specified according to kind 7.4 6.04 78.6-90.64
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce