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Gabon

Gabon ranked No. 142 in total trade value through August with a total of $153.52 million. Exports totaled $82.87 million and Imports totaled $70.64 million, a surplus of $12.23 million.

January – August 2019

Top Trading Ports

Total Trade: $153.52 million

RankPortTotal YTD
1Port of New Orleans $55,098,481
2Port of Houston $41,499,840
3Houston’s George Bush Intercontinental Airport, Texas $15,274,043
4Port of Savannah, Ga. $8,662,310
5John F. Kennedy International Airport $4,704,216
6Port of Baltimore, Md. $4,646,619
7Port of Virginia $4,589,095
8Dallas-Fort Worth International Airport, Texas $4,496,385
9Port of Charleston $2,441,803
10Cleveland’s Hopkins International Airport, Ohio $1,888,500

U.S. trade with Gabon rose to $153.52 million through August

Gabon’s trade with the United States rose to $153.52 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 53.84 percent below its total trade during the same time period last year. U.S. exports to Gabon increased 4.98 percent while U.S. imports from Gabon fell 72.15 percent. The U.S. surplus with Gabon was $12.23 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of New Orleans; No. 2 Port of Houston; No. 3 Houston’s George Bush Intercontinental Airport, Texas; No. 4 Port of Savannah, Ga.; and No. 5 John F. Kennedy International Airport. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Port of Chester, Penn. No. 3 Port of Honolulu, Hawaii No. 4 Port of Houston and No. 5 Port of New Orleans. In the current time period, the top five accounted for 81.58 percent of Gabon’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of New Orleans rose 80.86 percent to $55.1 million.
    Exports rose 2.83 percent to $2.83 million. Imports rose 88.61 percent to $52.27 million.
  • Trade with No. 2 Port of Houston rose 31.87 percent to $41.5 million.
    Exports rose 24.93 percent to $38.38 million. Imports rose 315.25 percent to $3.12 million.
  • Trade with No. 3 Houston’s George Bush Intercontinental Airport, Texas rose 77.75 percent to $15.27 million.
    Exports rose 75.44 percent to $14.86 million. Imports rose 235.15 percent to $417,190.
  • Trade with No. 4 Port of Savannah, Ga. rose 47.7 percent to $8.66 million.
    Exports rose 32.15 percent to $7.52 million. Imports rose 549.7 percent to $1.14 million.
  • Trade with No. 5 John F. Kennedy International Airport rose 624.51 percent to $4.7 million.
    Exports rose 95.93 percent to $328,940. Imports rose 808.85 percent to $4.38 million.

Gabon ranked No. 142 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 121.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Gabon by value through August were the categories of Parts for heavy machinery; Chicken and other poultry; Nonelectric rail locomotives, tenders; Insulated wire, cable; and Aircraft engines, engine parts, respectively. They accounted for 42.48 percent of total exports to Gabon.

The value of the top five categories of U.S. imports from Gabon –– Manganese ores and concentrates; Value added to a returned import; Antiques; Wood, sawed or chipped, greater than 6 meters thic; and Rubber –– accounted for 96.55 percent of all inbound shipments.

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

  • Parts for heavy machinery rose 59.02 percent compared to last year to $10.18 million.
  • Chicken and other poultry rose 8 percent compared to last year to $10.03 million.
  • Nonelectric rail locomotives, tenders totaled $8.05 million. The previous year, there were no exports in this category.
  • Insulated wire, cable rose 51.79 percent compared to last year to $3.58 million.
  • Aircraft engines, engine parts rose 45.69 percent compared to last year to $3.36 million.

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

  • Manganese ores and concentrates fell 1.96 percent compared to last year to $55.26 million.
  • Value added to a returned import rose 234.05 percent compared to last year to $5.56 million.
  • Antiques rose 538.21 percent compared to last year to $4.36 million.
  • Wood, sawed or chipped, greater than 6 meters thic rose 57.34 percent compared to last year to $1.72 million.
  • Rubber fell 69.75 percent compared to last year to $1.3 million.

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.