US trade with Gibraltar in the 4th quarter of 2017

Published or Updated: May 26, 2018

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

US Trade with Gibraltar

In the 4th quarter of 2017, US trade with Gibraltar was $271.0 million, down 39.13% ($174.2 million) from the 4th quarter of 2016.

US exports to Gibraltar in the 4th quarter of 2017 were $270.7 million, down 39.17% ($174.4 million) from the 4th quarter of 2016.

US imports from Gibraltar in the 4th quarter of 2017 totaled $0.3 million, up 178.05% ($0.2 million) from the 4th quarter of 2016.

US trade surplus with Gibraltar in the 4th quarter of 2017 was $270.4 million, a 39.22% decrease ($174.5 million) over the 4th quarter of 2016.

Gibraltar was the US 94th largest trading partner in the 4th quarter of 2017 (down from 82nd in the 4th quarter of 2016), accounting for 0.0260% of US total trade (down from 0.0463% in the 4th quarter of 2016).

Gibraltar was the US 75th largest export market in the 4th quarter of 2017 (down from 66th in the 4th quarter of 2016), accounting for 0.0664% of US total exports (down from 0.1175% in the 4th quarter of 2016).

Gibraltar was the US 200th largest supplier in the 4th quarter of 2017 (up from 207th in the 4th quarter of 2016), accounting for 0.0000% of US total imports (just as in the 4th quarter of 2016).

US Exports to Gibraltar

The major share of US exports to Gibraltar 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) - 73.10% of US total exports to Gibraltar (72.22% in the 4th quarter of 2016).

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

  • No product groups with a substantial increase.

The largest declines in US exports to Gibraltar 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) - a decrease of $123.6 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $45.1 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $4.2 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $2.5 million.
US exports to Gibraltar 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
(%)
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 5.9-100.00
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 10.7-100.00
21 Miscellaneous edible preparations 36.6 0.01 76.3-52.08
24 Tobacco and manufactured tobacco substitutes 40.7 0.02 27.348.82
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 197,893.0 73.10 321,453.5-38.44
30 Pharmaceutical products 5.3 0.00 4.033.05
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 20.0 0.01 8.9124.81
38 Miscellaneous chemical products 2.8 0.00 0.0
40 Rubber and articles thereof 21.6 0.01 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 3.2 0.00 0.0
44 Wood and articles of wood; wood charcoal 23.8 0.01 8.3185.50
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 3.3-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 12.0 0.00 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 25.5 0.01 0.0
70 Glass and glassware 17.6 0.01 2.9501.40
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 192.9 0.07 175.69.91
72 Iron and steel 6.3 0.00 0.0
73 Articles of iron or steel 3.0 0.00 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 5.7 0.00 6.1-6.79
83 Miscellaneous articles of base metal 4.6 0.00 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 251.4 0.09 178.440.90
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 684.8 0.25 271.4152.29
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 297.1 0.11 0.0
88 Aircraft, spacecraft, and parts thereof 5.6 0.00 0.0
89 Ships, boats and floating structures 0.0 0.00 2,500.0-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 222.6 0.08 111.799.34
91 Clocks and watches and parts thereof 46.4 0.02 13.2251.68
95 Toys, games and sports requisites; parts and accessories thereof 19.6 0.01 0.0
97 Works of art, collectors’ pieces and antiques 0.0 0.00 4,233.5-100.00
99 Commodities not specified according to kind 70,886.4 26.18 116,001.9-38.89

US Imports from Gibraltar

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

  • Precious metals and stones (HS code 71) - 50.50% of US total imports from Gibraltar (0.00% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.25% of US total imports from Gibraltar (4.25% in the 4th quarter of 2016).

The largest gains in US imports from Gibraltar in the 4th quarter of 2017 over the 4th 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;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $0.1 million;
  • Clocks and watches and parts thereof (HS code 91) - 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;
  • Glass and glassware (HS code 70) - an increase of $0.0 million.

The largest declines in US imports from Gibraltar 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 $0.1 million;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $0.0 million;
  • Ceramic products (HS code 69) - a decrease of $0.0 million.
US imports from Gibraltar 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
(%)
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 4.3-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 3.6 1.25 0.0
69 Ceramic products 0.0 0.00 3.0-100.00
70 Glass and glassware 2.2 0.76 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 143.2 50.50 0.0
91 Clocks and watches and parts thereof 40.7 14.36 0.0
97 Works of art, collectors’ pieces and antiques 89.1 31.42 19.3361.68
99 Commodities not specified according to kind 4.9 1.71 75.4-93.56
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce