US trade (export - import) with Latvia in 2014

Published or Updated: Feb 08, 2017

The report on US foreign trade in goods with Latvia in 2014: exports, imports, balance, product types and groups, dynamics.

US Trade with Latvia

In 2014, US trade with Latvia was $714.7 million, down 8.41% ($65.7 million) from 2013.

US exports to Latvia in 2014 were $428.2 million, down 13.42% ($66.4 million) from 2013.

US imports from Latvia in 2014 totaled $286.5 million, up 0.25% ($0.7 million) from 2013.

US trade surplus with Latvia in 2014 was $141.7 million, a 32.14% decrease ($67.1 million) over 2013.

Latvia was the US 112th largest trading partner in 2014 (down from 109th in 2013), accounting for 0.0177% of US total trade (down from 0.0200% in 2013).

Latvia was the US 107th largest export market in 2014 (down from 103rd in 2013), accounting for 0.0264% of US total exports (down from 0.0313% in 2013).

Latvia was the US 102nd largest supplier in 2014 (up from 106th in 2013), accounting for 0.0119% of US total imports (down from 0.0123% in 2013).

US Exports to Latvia

The major share of US exports to Latvia in 2014 (and in 2013) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 55.50% of US total exports to Latvia (54.51% in 2013);
  • Food products and agricultural raw materials (HS codes 01-24) - 21.77% of US total exports to Latvia (14.57% in 2013);
  • Chemical products (HS codes 28-40) - 9.66% of US total exports to Latvia (10.87% in 2013);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.57% of US total exports to Latvia (2.25% in 2013);
  • Metals and products from them (HS codes 72-83) - 1.81% of US total exports to Latvia (1.46% in 2013);
  • Mineral products (HS codes 25-27) - 1.04% of US total exports to Latvia (9.44% in 2013).

The largest gains in US exports to Latvia in 2014 over 2013 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $22.9 million;
  • Meat and edible meat offal (HS code 02) - an increase of $10.3 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $8.0 million;
  • Miscellaneous edible preparations (HS code 21) - an increase of $3.7 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $3.2 million.

The largest declines in US exports to Latvia in 2014 over 2013 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $45.1 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $42.6 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $9.1 million;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $8.0 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $3.2 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $3.0 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $2.6 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $1.7 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $1.5 million.
US exports to Latvia in 2014 by product groups
HS
code
Name of product group Value
of exports
in 2014
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2013
(USD thousand)
Change
in 2014
over 2013
(%)
01 Live animals 40.0 0.01 0.0
02 Meat and edible meat offal 12,029.6 2.81 1,772.9578.53
03 Fish and crustaceans, molluscs and other aquatic invertebrates 910.3 0.21 983.8-7.47
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 542.0 0.13 298.981.34
05 Products of animal origin, not elsewhere specified or included 875.0 0.20 1,600.4-45.33
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 221.2 0.05 183.820.35
07 Edible vegetables and certain roots and tubers 116.7 0.03 32.2262.91
08 Edible fruit and nuts; peel of citrus fruit or melons 7,330.8 1.71 8,804.7-16.74
09 Coffee, tea, maté and spices 380.2 0.09 451.6-15.80
10 Cereals 133.1 0.03 126.45.36
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 2,753.6 0.64 1,894.545.35
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 112.1-100.00
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 41.1 0.01 99.6-58.77
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 66.1 0.02 70.1-5.64
17 Sugars and sugar confectionery 163.4 0.04 71.2129.56
18 Cocoa and cocoa preparations 80.5 0.02 486.0-83.44
19 Preparations of cereals, flour, starch or milk; bakers’ wares 558.0 0.13 119.1368.72
20 Preparations of vegetables, fruit, nuts or other parts of plants 995.5 0.23 885.312.45
21 Miscellaneous edible preparations 13,570.2 3.17 9,856.237.68
22 Beverages, spirits and vinegar 28,567.6 6.67 28,377.00.67
23 Residues and waste from the food industries; prepared animal feed 23,801.7 5.56 15,814.950.50
24 Tobacco and manufactured tobacco substitutes 33.6 0.01 40.2-16.37
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 2,159.7 0.50 1,727.825.00
26 Ores, slag and ash 0.0 0.00 34.3-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 2,305.8 0.54 44,947.7-94.87
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 2,077.7 0.49 10,054.0-79.33
29 Organic chemicals 1,463.7 0.34 905.461.66
30 Pharmaceutical products 1,152.8 0.27 1,040.410.81
31 Fertilizers 290.3 0.07 19.81,364.70
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 3,950.6 0.92 2,989.232.16
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 13,218.7 3.09 16,399.9-19.40
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 1,402.6 0.33 1,309.77.09
35 Albuminoidal substances; modified starches; glues; enzymes 159.6 0.04 212.8-24.99
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 30.9 0.01 22.636.69
37 Photographic or cinematographic goods 989.8 0.23 275.8258.83
38 Miscellaneous chemical products 5,824.6 1.36 5,771.50.92
39 Plastics and articles thereof 7,356.7 1.72 10,325.2-28.75
40 Rubber and articles thereof 3,455.0 0.81 4,422.6-21.88
41 Raw hides and skins (other than furskins) and leather 191.3 0.04 70.1172.89
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 489.9 0.11 464.15.58
43 Furskins and artificial fur; manufactures thereof 78.3 0.02 258.5-69.72
44 Wood and articles of wood; wood charcoal 1,512.8 0.35 1,632.4-7.33
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 111.7 0.03 239.9-53.43
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,238.2 0.29 1,247.5-0.75
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 322.3 0.08 487.7-33.91
52 Cotton 314.7 0.07 378.3-16.80
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 23.0 0.01 58.1-60.47
54 Man-made filaments 622.8 0.15 21.92,750.54
55 Man-made staple fibers 64.1 0.01 29.1120.30
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 297.0 0.07 629.5-52.82
57 Carpets and other textile floor coverings 894.7 0.21 1,438.5-37.80
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 28.7 0.01 29.4-2.44
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 253.0 0.06 575.2-56.01
60 Knitted or crocheted fabrics 6,132.4 1.43 5,527.710.94
61 Articles of apparel and clothing accessories, knitted or crocheted 728.0 0.17 761.2-4.36
62 Articles of apparel and clothing accessories, not knitted or crocheted 611.9 0.14 962.6-36.43
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 447.7 0.10 283.957.71
64 Footwear, gaiters and the like; parts of such articles 426.6 0.10 308.638.24
65 Headgear and parts thereof 151.7 0.04 92.863.46
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 8.7 0.00 3.1178.78
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 7.7 0.00 3.5116.89
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,464.3 0.34 2,462.8-40.54
69 Ceramic products 1,212.9 0.28 213.7467.52
70 Glass and glassware 1,750.1 0.41 1,950.1-10.25
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,923.8 0.45 797.9141.11
72 Iron and steel 244.1 0.06 327.0-25.37
73 Articles of iron or steel 2,585.8 0.60 3,410.5-24.18
74 Copper and articles thereof 345.0 0.08 35.2881.19
75 Nickel and articles thereof 21.9 0.01 208.3-89.48
76 Aluminum and articles thereof 1,157.8 0.27 398.7190.40
78 Lead and articles thereof 0.0 0.00 3.6-100.00
80 Tin and articles thereof 385.7 0.09 0.0
81 Other base metals; cermets; articles thereof 223.9 0.05 32.3593.21
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,790.2 0.42 1,450.823.39
83 Miscellaneous articles of base metal 1,006.5 0.24 1,348.7-25.37
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 67,399.8 15.74 112,459.7-40.07
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 73,559.3 17.18 70,392.24.50
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 150.2 0.04 1,207.0-87.56
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 47,045.8 10.99 47,171.3-0.27
88 Aircraft, spacecraft, and parts thereof 26,889.0 6.28 4,028.6567.45
89 Ships, boats and floating structures 1,541.9 0.36 4,184.4-63.15
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 21,070.2 4.92 30,124.4-30.06
91 Clocks and watches and parts thereof 59.3 0.01 165.2-64.13
92 Musical instruments; parts and accessories of such articles 3,503.8 0.82 2,832.123.72
93 Arms and ammunition; parts and accessories thereof 1,198.5 0.28 2,221.0-46.04
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 5,961.1 1.39 5,696.34.65
95 Toys, games and sports requisites; parts and accessories thereof 7,191.3 1.68 8,854.0-18.78
96 Miscellaneous manufactured articles 752.4 0.18 426.976.25
97 Works of art, collectors’ pieces and antiques 445.2 0.10 204.8117.38
99 Commodities not specified according to kind 3,292.4 0.77 3,914.4-15.89

US Imports from Latvia

The major share of US imports from Latvia in 2014 (and in 2013) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 50.51% of US total imports from Latvia (48.65% in 2013);
  • Machinery, equipment and vehicles (HS codes 84-90) - 19.88% of US total imports from Latvia (16.70% in 2013);
  • Textiles, textile products and footwear (HS codes 50-67) - 4.78% of US total imports from Latvia (4.89% in 2013);
  • Wood and wood products (HS codes 44-49) - 4.58% of US total imports from Latvia (3.58% in 2013);
  • Mineral products (HS codes 25-27) - 3.08% of US total imports from Latvia (2.50% in 2013);
  • Metals and products from them (HS codes 72-83) - 2.59% of US total imports from Latvia (1.53% in 2013);
  • Chemical products (HS codes 28-40) - 1.29% of US total imports from Latvia (10.23% in 2013).

The largest gains in US imports from Latvia in 2014 over 2013 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $5.7 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $5.1 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $3.0 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $2.8 million;
  • Articles of iron or steel (HS code 73) - an increase of $2.4 million;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $2.3 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $1.7 million;
  • Glass and glassware (HS code 70) - an increase of $1.1 million.

The largest declines in US imports from Latvia in 2014 over the 2013 were recorded for the following product groups:

  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $24.4 million.
US imports from Latvia in 2014 by product groups
HS
code
Name of product group Value
of imports
in 2014
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2013
USD thousand)
Change
in 2014
over 2013
(%)
01 Live animals 9.0 0.00 0.0
03 Fish and crustaceans, molluscs and other aquatic invertebrates 18.1 0.01 6.2192.86
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 1,789.5 0.62 1,178.951.79
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 6.7 0.00 0.0
07 Edible vegetables and certain roots and tubers 4.7 0.00 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 2.5 0.00 0.0
10 Cereals 331.7 0.12 19.91,569.80
11 Products of the milling industry; malt; starches; inulin; wheat gluten 530.9 0.19 309.671.49
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 166.3 0.06 529.5-68.59
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 3.7 0.00 6.3-41.38
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,976.1 0.69 2,573.6-23.21
17 Sugars and sugar confectionery 28.8 0.01 45.6-37.00
18 Cocoa and cocoa preparations 505.1 0.18 398.026.93
19 Preparations of cereals, flour, starch or milk; bakers’ wares 998.9 0.35 818.222.09
20 Preparations of vegetables, fruit, nuts or other parts of plants 84.7 0.03 56.151.18
21 Miscellaneous edible preparations 16.4 0.01 16.6-1.22
22 Beverages, spirits and vinegar 138,231.4 48.25 133,081.93.87
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 8,836.2 3.08 7,134.323.86
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 24,437.1-100.00
29 Organic chemicals 1,420.3 0.50 852.466.63
30 Pharmaceutical products 43.0 0.02 103.6-58.50
31 Fertilizers 0.0 0.00 173.5-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 2.5 0.00 7.4-65.71
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 71.6 0.02 264.1-72.90
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 117.4 0.04 493.5-76.22
35 Albuminoidal substances; modified starches; glues; enzymes 16.5 0.01 184.9-91.05
38 Miscellaneous chemical products 22.8 0.01 31.7-28.15
39 Plastics and articles thereof 1,482.9 0.52 1,586.0-6.50
40 Rubber and articles thereof 506.8 0.18 1,111.5-54.40
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 38.3 0.01 87.6-56.21
43 Furskins and artificial fur; manufactures thereof 66.2 0.02 18.5258.86
44 Wood and articles of wood; wood charcoal 12,857.4 4.49 10,074.527.62
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 34.9 0.01 39.1-10.71
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 229.7 0.08 127.280.60
52 Cotton 2.8 0.00 5.0-45.02
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 2.1 0.00 1.191.66
54 Man-made filaments 6,620.4 2.31 7,225.8-8.38
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 185.5 0.06 129.343.49
57 Carpets and other textile floor coverings 26.8 0.01 23.115.89
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 272.5 0.10 1.815,225.14
60 Knitted or crocheted fabrics 3.3 0.00 35.0-90.63
61 Articles of apparel and clothing accessories, knitted or crocheted 3,627.4 1.27 3,684.2-1.54
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,915.7 0.67 1,613.118.76
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 707.5 0.25 673.35.08
64 Footwear, gaiters and the like; parts of such articles 9.8 0.00 20.4-51.80
65 Headgear and parts thereof 9.5 0.00 7.330.34
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 313.4 0.11 546.8-42.69
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 27.8 0.01 39.4-29.57
69 Ceramic products 7.8 0.00 5.251.10
70 Glass and glassware 19,672.1 6.87 18,599.85.77
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 31.8 0.01 0.0
72 Iron and steel 769.9 0.27 2.333,056.98
73 Articles of iron or steel 6,382.4 2.23 3,993.659.82
74 Copper and articles thereof 92.6 0.03 32.0189.26
76 Aluminum and articles thereof 69.3 0.02 216.3-67.96
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 21.5-100.00
83 Miscellaneous articles of base metal 107.1 0.04 116.0-7.63
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 19,087.4 6.66 13,398.742.46
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 27,540.8 9.61 24,502.212.40
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 28.5 0.01 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 992.4 0.35 487.0103.80
88 Aircraft, spacecraft, and parts thereof 79.3 0.03 84.3-5.94
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 9,242.2 3.23 9,251.4-0.10
91 Clocks and watches and parts thereof 0.0 0.00 6.2-100.00
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 160.7-100.00
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 13,372.8 4.67 11,091.520.57
95 Toys, games and sports requisites; parts and accessories thereof 983.9 0.34 368.0167.38
96 Miscellaneous manufactured articles 14.4 0.01 15.4-6.69
97 Works of art, collectors’ pieces and antiques 267.2 0.09 25.8934.40
99 Commodities not specified according to kind 3,588.4 1.25 3,628.1-1.09
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce