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Gabon

Gabon ranked No. 146 in total trade value through September with a total of $165.18 million. Exports totaled $93.46 million and Imports totaled $71.72 million, a surplus of $21.75 million.

January – September 2019

Top Trading Ports

Total Trade: $165.18 million

RankPortTotal YTD
1Port of New Orleans $55,337,785
2Port of Houston $44,975,319
3Houston’s George Bush Intercontinental Airport, Texas $17,685,118
4Port of Savannah, Ga. $9,262,100
5Port of Virginia $5,455,102
6John F. Kennedy International Airport $4,782,106
7Dallas-Fort Worth International Airport, Texas $4,777,660
8Port of Baltimore, Md. $4,646,619
9Port of Charleston $3,053,362
10Cleveland’s Hopkins International Airport, Ohio $1,954,454

U.S. trade with Gabon rose to $165.18 million through September

Gabon’s trade with the United States rose to $165.18 million through the first nine months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 53.85 percent below its total trade during the same time period last year. U.S. exports to Gabon increased 10.44 percent while U.S. imports from Gabon fell 73.76 percent. The U.S. surplus with Gabon was $21.75 million.

Through September, 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 Port of Virginia. 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 New Orleans No. 4 Port of Houston and No. 5 Port of Honolulu, Hawaii. In the current time period, the top five accounted for 80.35 percent of Gabon’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of New Orleans rose 15.15 percent to $55.34 million.
    Exports fell 6.06 percent to $3.04 million. Imports rose 16.68 percent to $52.3 million.
  • Trade with No. 2 Port of Houston rose 27.41 percent to $44.98 million.
    Exports rose 22.87 percent to $41.85 million. Imports rose 152.57 percent to $3.12 million.
  • Trade with No. 3 Houston’s George Bush Intercontinental Airport, Texas rose 87.28 percent to $17.69 million.
    Exports rose 86.65 percent to $17.27 million. Imports rose 118 percent to $417,190.
  • Trade with No. 4 Port of Savannah, Ga. rose 51.43 percent to $9.26 million.
    Exports rose 31.19 percent to $7.79 million. Imports rose 733.98 percent to $1.47 million.
  • Trade with No. 5 Port of Virginia rose 374.06 percent to $5.46 million.
    Exports rose 285.38 percent to $4.09 million. Imports rose 1418.26 percent to $1.37 million.

Gabon ranked No. 146 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 124.

Meanwhile, total U.S. trade with the world increased to $3.11 trillion, down 0.58 percent compared to the same period last year. The nation’s exports dropped 1.01 percent to $1.23 trillion; imports dropped 0.3 percent to $1.88 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 $647.62 billion, up compared to the same period of last year when the deficit was $640.85 billion.

The top five U.S. exports to Gabon by value through September were the categories of Chicken and other poultry; Parts for heavy machinery; Nonelectric rail locomotives, tenders; Insulated wire, cable; and Motor vehicles for transporting people, respectively. They accounted for 42.2 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 96.31 percent of all inbound shipments.

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

  • Chicken and other poultry rose 14.19 percent compared to last year to $11.65 million.
  • Parts for heavy machinery rose 63.91 percent compared to last year to $11.38 million.
  • Nonelectric rail locomotives, tenders rose 1717.48 percent compared to last year to $8.67 million.
  • Insulated wire, cable rose 37.85 percent compared to last year to $3.98 million.
  • Motor vehicles for transporting people fell 30.54 percent compared to last year to $3.77 million.

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

  • Manganese ores and concentrates fell 24.75 percent compared to last year to $55.28 million.
  • Value added to a returned import rose 148.23 percent compared to last year to $5.66 million.
  • Antiques rose 542.25 percent compared to last year to $4.39 million.
  • Wood, sawed or chipped, greater than 6 meters thic rose 83.44 percent compared to last year to $2.11 million.
  • Rubber fell 66.48 percent compared to last year to $1.63 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.

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