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Gabon

Gabon ranked No. 126 in total trade value through October with a total of $367.44 million. Exports totaled $92.65 million and Imports totaled $274.79 million, a deficit of $182.14 million.

January – October 2018

Top Trading Ports

Total Trade: $367.44 million

RankPortTotal YTD
1Port of Newark $52,026,110
2Port of Chester, Penn. $49,030,656
3Port of New Orleans $48,282,261
4Port of Houston $39,254,910
5Port of Honolulu, Hawaii $33,701,291
6Port of Corpus Christi, Texas $27,148,018
7Port of Southern Louisiana, Gramercy, St. James Parish $25,403,718
8Port of Wilmington, Dela. $23,489,671
9Port of Baltimore, Md. $18,815,477
10Houston’s George Bush Intercontinental Airport, Texas $10,858,251

U.S. trade with Gabon rose to $367.44 million through October

Gabon’s trade with the United States rose to $367.44 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 35.26 percent above its total trade during the same time period last year. Gabon’s exports increased 19.02 percent while imports rose 41.79 percent. The U.S. deficit with Gabon was $182.14 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Chester, Penn.; No. 3 Port of New Orleans; No. 4 Port of Houston; and No. 5 Port of Honolulu, Hawaii. During the same period the previous year, the top five were No. 1 Port of Lake Charles, La. No. 2 Port of Corpus Christi, Texas No. 3 Port of New Orleans No. 4 Port of Houston and No. 5 Port of Southern Louisiana, Gramercy, St. James Parish. In the current time period, the top five accounted for 60.5 percent of Gabon’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 5925.3 percent to $52.03 million.
    Exports rose 586.21 percent to $2.65 million. Imports rose 10251 percent to $49.37 million.
  • Trade with No. 2 Port of Chester, Penn. totaled $49.03 million.
    There were no exports. Imports totaled $49.03 million.
  • Trade with No. 3 Port of New Orleans rose 28.43 percent to $48.28 million.
    Exports rose 36.63 percent to $3.46 million. Imports rose 27.84 percent to $44.82 million.
  • Trade with No. 4 Port of Houston rose 24.59 percent to $39.25 million.
    Exports rose 28.9 percent to $38.02 million. Imports fell 38.52 percent to $1.24 million.
  • Trade with No. 5 Port of Honolulu, Hawaii totaled $33.7 million.
    There were no exports. Imports totaled $33.7 million.

Gabon ranked No. 126 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 128.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Gabon by value through October were the categories of Civilian aircraft, parts; Poultry, fresh, chilled or frozen; Parts for heavy machinery; Motor vehicles for transporting people; and Electric generating sets, rotary converters, respectively. They accounted for 46.98 percent of total exports to Gabon.

The value of the top five categories of U.S. imports from Gabon –– Oil; Manganese ores and concentrates; Rubber; Veneer sheets not more than 6 mm thick; and Original sculptures and statues –– accounted for 97.65 percent of all inbound shipments.

Looking more closely at U.S. exports to Gabon:

  • Civilian aircraft, parts rose 8734.05 percent compared to last year to $13.33 million.
  • Poultry, fresh, chilled or frozen fell 9.6 percent compared to last year to $10.75 million.
  • Parts for heavy machinery fell 30.84 percent compared to last year to $7.79 million.
  • Motor vehicles for transporting people rose 107.75 percent compared to last year to $6.17 million.
  • Electric generating sets, rotary converters totaled $5.5 million. The previous year, there were no exports in this category.

Looking more closely at U.S. imports from Gabon:

  • Oil rose 82.36 percent compared to last year to $181.55 million.
  • Manganese ores and concentrates rose 52.75 percent compared to last year to $73.46 million.
  • Rubber rose 31.68 percent compared to last year to $4.98 million.
  • Veneer sheets not more than 6 mm thick rose 457.71 percent compared to last year to $4.9 million.
  • Original sculptures and statues totaled $3.44 million. The previous year, there were no imports in this category.

In the latest annual figures available, Gabon recorded $288.96 million in trade with the United States. At year’s end, its were New Orleans; Houston; Atlanta/Savannah; Charleston; and Baltimore. Total U.S. exports to Gabon were $ 89.29 million and imports from Gabon were $199.66 million. The U.S. deficit with Gabon was $110.37 million.