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Gabon

Gabon ranked No. 155 in total trade value through February with a total of $24.8 million. Exports totaled $18.55 million and Imports totaled $6.25 million, a surplus of $12.29 million.

January – February 2019

Top Trading Ports

Total Trade: $24.8 million

RankPortTotal YTD
1Port of Houston $7,857,664
2Houston’s George Bush Intercontinental Airport, Texas $3,985,519
3Port of New Orleans $3,923,599
4Port of Baltimore, Md. $3,621,574
5Port of Savannah, Ga. $1,604,793
6Port of Charleston $1,086,706
7John F. Kennedy International Airport $327,403
8Low-Valued Imports and Exports $315,559
9Port of Seattle, Wash. $264,486
10Port of New York $254,593

U.S. trade with Gabon rose to $24.8 million through February

Gabon’s trade with the United States rose to $24.8 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 69.63 percent below its total trade during the same time period last year. Gabon’s exports decreased 33.33 percent while imports fell 88.39 percent. The U.S. surplus with Gabon was $12.29 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Houston’s George Bush Intercontinental Airport, Texas; No. 3 Port of New Orleans; No. 4 Port of Baltimore, Md.; and No. 5 Port of Savannah, Ga.. During the same period the previous year, the top five were No. 1 Port of Corpus Christi, Texas No. 2 Port of New Orleans No. 3 Port of Baltimore, Md. No. 4 Port of Houston and No. 5 Houston’s George Bush Intercontinental Airport, Texas. In the current time period, the top five accounted for 84.64 percent of Gabon’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 74.05 percent to $7.86 million.
    Exports rose 78.51 percent to $7.79 million. Imports fell 53.01 percent to $71,881.
  • Trade with No. 2 Houston’s George Bush Intercontinental Airport, Texas rose 35.61 percent to $3.99 million.
    Exports rose 35.61 percent to $3.99 million. There were no imports.
  • Trade with No. 3 Port of New Orleans fell 84.37 percent to $3.92 million.
    Exports rose 25.14 percent to $2.37 million. Imports fell 93.31 percent to $1.55 million.
  • Trade with No. 4 Port of Baltimore, Md. fell 74.79 percent to $3.62 million.
    Exports fell 94.78 percent to $750,220. Imports totaled $2.87 million.
  • Trade with No. 5 Port of Savannah, Ga. rose 65.64 percent to $1.6 million.
    Exports rose 71.61 percent to $1.44 million. Imports rose 26.25 percent to $161,049.

Gabon ranked No. 155 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 118.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Gabon by value through February were the categories of Parts for heavy machinery; Coke Etc of Coal, Lignite or Peat; Retort Car 2704; Aircraft engines, engine parts; Poultry, fresh, chilled or frozen; and Insulated wire, cable, respectively. They accounted for 44.53 percent of total exports to Gabon.

The value of the top five categories of U.S. imports from Gabon –– Manganese ores and concentrates; Rubber; Veneer sheets not more than 6 mm thick; Wood, sawed or chipped, greater than 6 meters thic; and Antiques –– accounted for 95.99 percent of all inbound shipments.

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

  • Parts for heavy machinery rose 101.42 percent compared to last year to $2.51 million.
  • Coke Etc of Coal, Lignite or Peat; Retort Car 2704 rose 22.89 percent compared to last year to $2.28 million.
  • Aircraft engines, engine parts rose 1920.65 percent compared to last year to $1.45 million.
  • Poultry, fresh, chilled or frozen fell 20.72 percent compared to last year to $1.17 million.
  • Insulated wire, cable rose 5.78 percent compared to last year to $844,751.

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

  • Manganese ores and concentrates fell 81 percent compared to last year to $4.41 million.
  • Rubber fell 35.63 percent compared to last year to $747,303.
  • Veneer sheets not more than 6 mm thick fell 45.7 percent compared to last year to $310,339.
  • Wood, sawed or chipped, greater than 6 meters thic fell 24.46 percent compared to last year to $287,134.
  • Antiques totaled $250,000. 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.