Top Gabon Trading Partners

Top US Trading Partners

Gabon’s trade rose to $301,213,191 through March

Gabon’s trade with the United States rose to $301,213,191 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -76.67 percent below its total trade during the same time period last year. Gabon’s exports increased 45.47 percent while imports dropped -80.87 percent. The U.S. deficit with Gabon was $176,178,287.

Through March, Gabon’s top U.S. Customs districts for total imports and exports were No. 1 U.S. Virgin Islands, No. 2 New Orleans, No. 3 Honolulu, No. 4 Houston and No. 5 Norfolk compared to last year when the top spots were held by No. 1 U.S. Virgin Islands, No. 2 New Orleans, No. 3 Philadelphia, No. 4 Houston and No. 5 Atlanta/Savannah. In the current time period, the top five accounted for 6.59 percent of Gabon’s U.S. trade.. That compares to 356.83 percent for the nation’s top five Customs districts during the same time period.

Taking a closer look at the leading U.S. gateways for U.S. trade with Gabon,:

• Trade with No. 1 U.s. Virgin Islands fell -88.72 percent to $93,240,014.
  Exports fell to $0. Imports fell -88.72 percent to $93,240,014.
• Trade with No. 2 New Orleans fell -59.36 percent to $91,530,741.
  Exports rose 7,364.42 percent to $5,294,662. Imports fell -61.70 percent to $86,236,079.
• Trade with No. 3 Honolulu rose to $55,669,570.
  Exports rose to $0. Imports rose to $55,669,570.
• Trade with No. 4 Houston rose 55.02 percent to $34,141,241.
  Exports rose 52.48 percent to $32,997,827. Imports rose 198.84 percent to $1,143,414.
• Trade with No. 5 Norfolk rose 210.94 percent to $8,017,361.
  Exports rose 1,257.44 percent to $7,626,582. Imports fell -80.62 percent to $390,779.

Through March, 19 Customs districts posted trade surpluses with Gabon while 8 had deficits. That compares with 20 surpluses and 9 deficits for the same period one year ago. The top surplus was with Houston at $31,854,413, the largest deficit was with U.S. Virgin Islands at $-93,240,014.

Meanwhile, total U.S. trade with the world increased to $934,379,177,983, up 8.63 percent compared to the same period last year. The nation’s exports climbed 3.54 percent to $30,467,217,700; imports rose 5.09 percent to $43,800,507,934. The nation’s top five countries so far this year, by value, are Canada, Mexico, China, Japan and Germany. The overall trade deficit was $-171,264,242,143, up compared to the same period of last year when the deficit was $-157,930,951,909.

The top five U.S. exports to Gabon by value through March were parts for heavy machinery; nonelectric rail locomotives, tenders; poultry, fresh, chilled or frozen; aircraft engines, parts; and coke etc of coal, lignite or peat; retort car 2704, respectively. They accounted for 51.13 percent of total exports to Gabon.

The value of the top five U.S. imports from Gabon -- oil; manganese ores and concentrates; imports of returned exports; motor vehicles for transporting goods; and wood, sawed or chipped, greater than 6 meters thic -- accounted for 99.47 percent of all inbound shipments.

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

• Parts for heavy machinery rose 99.87 percent compared to last year to $11,598,377.
• Nonelectric rail locomotives, tenders rose compared to last year to $8,975,000.
• Poultry, fresh, chilled or frozen fell -6.48 percent compared to last year to $5,777,322.
• Aircraft engines, parts rose 2,594.27 percent compared to last year to $3,087,394.
• Coke Etc of Coal, Lignite or Peat; Retort Car 2704 rose compared to last year to $2,530,000.

Looking more closely at U.S. imports from Gabon

• Oil fell -81.83 percent compared to last year to $220,762,534.
• Manganese ores and concentrates fell -48.76 percent compared to last year to $14,269,620.
• Imports of returned exports rose 173.57 percent compared to last year to $1,182,474.
• Motor vehicles for transporting goods rose compared to last year to $789,300.
• Wood, sawed or chipped, greater than 6 meters thic rose 135.88 percent compared to last year to $436,268.

In the latest annual figures available, Gabon recorded $1,290,988,086 in trade with the United States. At year’s end, its top five Customs districts were U.S. Virgin Islands, New Orleans, Philadelphia, Houston and Port Arthur, Texas. Total U.S. exports to Gabon were $204,021,881 and imports from Gabon were $4,566,651,306. The U.S. deficit with Gabon was $-4,362,629,425.