US trade (export - import) with Latvia in 2018

Published or Updated: Jun 10, 2019

The report on US foreign trade in goods with Latvia in 2018: exports, imports, balance, product types and groups, dynamics.

US Trade with Latvia

In 2018, US trade with Latvia totaled $1,266.1 million, up 48.27% ($412.2 million) from 2017.

US exports to Latvia in 2018 totaled $516.0 million, up 35.13% ($134.2 million) from 2017.

US imports from Latvia in 2018 totaled $750.1 million, up 58.90% ($278.0 million) from 2017.

US trade deficit with Latvia in 2018 was $234.1 million, a 159.46% increase ($143.9 million) over 2017.

Latvia was the US 92nd largest trading partner in 2018 (up from 101st in 2017), accounting for 0.0296% of US total trade (up from 0.0216% in 2017).

Latvia was the US 101st largest export market in 2018 (up from 105th in 2017), accounting for 0.0310% of US total exports (up from 0.0247% in 2017).

Latvia was the US 83rd largest supplier in 2018 (up from 92nd in 2017), accounting for 0.0287% of US total imports (up from 0.0196% in 2017).

US Exports to Latvia

The major share of US exports to Latvia in 2018 (and in 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 67.08% of US total exports to Latvia (62.12% in 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 14.54% of US total exports to Latvia (17.91% in 2017);
  • Chemical products (HS codes 28-40) - 8.16% of US total exports to Latvia (8.69% in 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.09% of US total exports to Latvia (1.57% in 2017);
  • Metals and products from them (HS codes 72-83) - 1.11% of US total exports to Latvia (1.47% in 2017);
  • Mineral products (HS codes 25-27) - 0.58% of US total exports to Latvia (1.00% in 2017).

The largest gains in US exports to Latvia in 2018 over 2017 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $99.9 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $11.7 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $10.9 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $5.2 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $5.0 million;
  • Man-made filaments (HS code 54) - an increase of $4.6 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $4.5 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $4.2 million;
  • Glass and glassware (HS code 70) - an increase of $3.6 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $2.3 million;
  • Organic chemicals (HS code 29) - an increase of $1.7 million.

The largest declines in US exports to Latvia in 2018 over 2017 were recorded for the following product groups:

  • 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) - a decrease of $9.7 million;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $6.2 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $2.1 million;
  • Pharmaceutical products (HS code 30) - a decrease of $1.8 million.
US exports to Latvia in 2018 by product groups
HS
code
Name of product group Value
of exports
in 2018
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2017
(USD thousand)
Change
in 2018
over 2017
(%)
02 Meat and edible meat offal 804.1 0.16 0.0
03 Fish and crustaceans, molluscs and other aquatic invertebrates 39.5 0.01 304.8-87.03
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 68.7 0.01 97.1-29.30
05 Products of animal origin, not elsewhere specified or included 1,010.1 0.20 476.6111.94
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 1,084.4 0.21 589.084.12
08 Edible fruit and nuts; peel of citrus fruit or melons 6,089.3 1.18 4,776.327.49
09 Coffee, tea, maté and spices 195.1 0.04 322.5-39.51
10 Cereals 129.5 0.03 102.226.78
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 552.7-100.00
13 Lac; gums, resins and other vegetable saps and extracts 86.7 0.02 81.16.85
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 2.7 0.00 16.4-83.38
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 965.0 0.19 232.8314.61
17 Sugars and sugar confectionery 1,526.1 0.30 992.853.71
18 Cocoa and cocoa preparations 81.3 0.02 182.5-55.42
19 Preparations of cereals, flour, starch or milk; bakers’ wares 113.6 0.02 1,038.8-89.07
20 Preparations of vegetables, fruit, nuts or other parts of plants 162.0 0.03 511.0-68.30
21 Miscellaneous edible preparations 8,076.6 1.57 14,289.3-43.48
22 Beverages, spirits and vinegar 54,083.0 10.48 43,165.325.29
23 Residues and waste from the food industries; prepared animal feed 394.1 0.08 603.9-34.74
24 Tobacco and manufactured tobacco substitutes 123.9 0.02 63.096.74
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,194.4 0.23 1,135.15.22
26 Ores, slag and ash 10.5 0.00 1,412.1-99.25
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,805.2 0.35 1,275.541.53
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 521.5 0.10 1,764.5-70.45
29 Organic chemicals 2,992.1 0.58 1,309.2128.55
30 Pharmaceutical products 403.8 0.08 2,183.7-81.51
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,926.4 0.37 1,966.8-2.06
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 10,562.7 2.05 5,343.397.68
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 1,424.1 0.28 1,337.46.48
35 Albuminoidal substances; modified starches; glues; enzymes 459.5 0.09 391.217.45
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 44.8 0.01 38.516.38
37 Photographic or cinematographic goods 18.0 0.00 37.6-52.03
38 Miscellaneous chemical products 13,638.9 2.64 9,163.048.85
39 Plastics and articles thereof 8,390.4 1.63 7,972.55.24
40 Rubber and articles thereof 1,708.2 0.33 1,693.70.85
41 Raw hides and skins (other than furskins) and leather 13.4 0.00 22.7-41.04
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 344.3 0.07 312.210.28
43 Furskins and artificial fur; manufactures thereof 6.9 0.00 5.037.72
44 Wood and articles of wood; wood charcoal 606.1 0.12 475.727.41
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0.0 0.00 5.8-100.00
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 22.6 0.00 267.6-91.57
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,014.9 0.39 1,591.526.60
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 197.1 0.04 208.4-5.44
50 Silk 0.0 0.00 13.2-100.00
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 11.7 0.00 0.0
52 Cotton 67.2 0.01 25.4165.19
54 Man-made filaments 4,637.3 0.90 28.016,437.66
55 Man-made staple fibers 40.9 0.01 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 68.8 0.01 0.0
57 Carpets and other textile floor coverings 360.4 0.07 449.9-19.90
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 328.0 0.06 169.593.50
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 322.1 0.06 123.7160.45
60 Knitted or crocheted fabrics 1,124.0 0.22 1,808.6-37.85
61 Articles of apparel and clothing accessories, knitted or crocheted 1,524.0 0.30 1,062.243.48
62 Articles of apparel and clothing accessories, not knitted or crocheted 873.4 0.17 833.94.73
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 758.1 0.15 357.1112.30
64 Footwear, gaiters and the like; parts of such articles 603.7 0.12 961.1-37.18
65 Headgear and parts thereof 44.4 0.01 149.7-70.36
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 5.0-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 179.9 0.03 200.5-10.32
69 Ceramic products 890.9 0.17 471.189.12
70 Glass and glassware 5,480.7 1.06 1,855.0195.46
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 378.9 0.07 172.2120.01
72 Iron and steel 293.9 0.06 89.1229.96
73 Articles of iron or steel 1,611.3 0.31 1,163.538.49
74 Copper and articles thereof 3.1 0.00 791.1-99.61
75 Nickel and articles thereof 519.5 0.10 126.8309.63
76 Aluminum and articles thereof 841.3 0.16 660.227.43
81 Other base metals; cermets; articles thereof 36.1 0.01 69.1-47.77
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 691.3 0.13 1,306.5-47.09
83 Miscellaneous articles of base metal 1,721.9 0.33 1,401.322.88
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 39,708.8 7.70 37,443.56.05
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 64,287.7 12.46 73,962.9-13.08
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 45.8 0.01 10.0357.99
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 16,003.7 3.10 11,034.845.03
88 Aircraft, spacecraft, and parts thereof 190,932.9 37.00 91,040.5109.72
89 Ships, boats and floating structures 328.1 0.06 625.1-47.52
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 34,815.9 6.75 23,097.150.74
91 Clocks and watches and parts thereof 125.2 0.02 16.6656.29
92 Musical instruments; parts and accessories of such articles 1,561.3 0.30 1,552.60.56
93 Arms and ammunition; parts and accessories thereof 211.7 0.04 1,482.5-85.72
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 5,256.2 1.02 4,846.08.47
95 Toys, games and sports requisites; parts and accessories thereof 3,606.1 0.70 5,724.4-37.01
96 Miscellaneous manufactured articles 309.9 0.06 200.154.89
97 Works of art, collectors’ pieces and antiques 195.8 0.04 517.7-62.17
99 Commodities not specified according to kind 11,872.7 2.30 7,696.154.27

US Imports from Latvia

The major share of US imports from Latvia in 2018 (and in 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 63.01% of US total imports from Latvia (45.20% in 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 18.07% of US total imports from Latvia (30.99% in 2017);
  • Wood and wood products (HS codes 44-49) - 4.28% of US total imports from Latvia (5.04% in 2017);
  • Metals and products from them (HS codes 72-83) - 3.51% of US total imports from Latvia (2.00% in 2017);
  • Mineral products (HS codes 25-27) - 2.04% of US total imports from Latvia (3.07% in 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.30% of US total imports from Latvia (2.08% in 2017);
  • Chemical products (HS codes 28-40) - 0.76% of US total imports from Latvia (2.13% in 2017).

The largest gains in US imports from Latvia in 2018 over 2017 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $262.5 million;
  • Iron and steel (HS code 72) - an increase of $21.0 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $8.2 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 $4.2 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $2.3 million.

The largest declines in US imports from Latvia in 2018 over the 2017 were recorded for the following product groups:

  • Beverages, spirits and vinegar (HS code 22) - a decrease of $10.6 million;
  • Organic chemicals (HS code 29) - a decrease of $6.6 million;
  • Articles of iron or steel (HS code 73) - a decrease of $5.0 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $2.8 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) - a decrease of $2.4 million.
US imports from Latvia in 2018 by product groups
HS
code
Name of product group Value
of imports
in 2018
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2017
USD thousand)
Change
in 2018
over 2017
(%)
01 Live animals 5.8 0.00 205.9-97.16
03 Fish and crustaceans, molluscs and other aquatic invertebrates 461.5 0.06 937.3-50.76
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 380.6 0.05 400.9-5.07
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0.0 0.00 3.5-100.00
07 Edible vegetables and certain roots and tubers 3.3 0.00 39.3-91.68
08 Edible fruit and nuts; peel of citrus fruit or melons 22.5 0.00 11.595.07
09 Coffee, tea, maté and spices 0.0 0.00 56.4-100.00
11 Products of the milling industry; malt; starches; inulin; wheat gluten 624.1 0.08 636.9-2.01
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 281.2 0.04 293.7-4.23
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 38.7 0.01 148.5-73.91
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 3,647.8 0.49 3,174.314.92
17 Sugars and sugar confectionery 7.0 0.00 0.0
18 Cocoa and cocoa preparations 562.1 0.07 496.513.19
19 Preparations of cereals, flour, starch or milk; bakers’ wares 835.9 0.11 797.34.84
20 Preparations of vegetables, fruit, nuts or other parts of plants 119.8 0.02 72.166.05
21 Miscellaneous edible preparations 30.2 0.00 6.7348.18
22 Beverages, spirits and vinegar 128,422.5 17.12 138,996.3-7.61
23 Residues and waste from the food industries; prepared animal feed 68.3 0.01 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 15,301.8 2.04 14,479.55.68
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 284.5 0.04 44.5539.61
29 Organic chemicals 512.5 0.07 7,109.1-92.79
30 Pharmaceutical products 15.6 0.00 66.7-76.59
31 Fertilizers 257.3 0.03 177.345.09
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 6.4 0.00 4.735.82
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 528.0 0.07 73.1622.63
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 19.1 0.00 80.9-76.39
35 Albuminoidal substances; modified starches; glues; enzymes 88.4 0.01 48.482.88
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 4.0 0.00 5.0-19.64
38 Miscellaneous chemical products 701.6 0.09 508.537.98
39 Plastics and articles thereof 1,736.0 0.23 1,255.338.29
40 Rubber and articles thereof 1,529.2 0.20 670.3128.14
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 57.5 0.01 109.5-47.54
43 Furskins and artificial fur; manufactures thereof 48.9 0.01 26.087.98
44 Wood and articles of wood; wood charcoal 31,423.7 4.19 23,198.435.46
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 197.4 0.03 80.2146.24
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 462.1 0.06 501.1-7.80
50 Silk 4.1 0.00 0.0
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0.0 0.00 8.4-100.00
52 Cotton 1.7 0.00 1.8-5.26
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 5.0 0.00 65.9-92.47
54 Man-made filaments 4,851.9 0.65 4,998.8-2.94
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 111.9 0.01 0.814,580.18
57 Carpets and other textile floor coverings 3.5 0.00 318.3-98.91
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 31.1 0.00 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 1.5 0.00 2.9-48.00
61 Articles of apparel and clothing accessories, knitted or crocheted 2,647.1 0.35 2,014.031.44
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,005.3 0.13 1,486.7-32.38
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 799.5 0.11 596.334.09
64 Footwear, gaiters and the like; parts of such articles 5.4 0.00 9.4-42.77
65 Headgear and parts thereof 21.4 0.00 6.0257.15
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 267.7 0.04 295.1-9.27
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,063.3 0.14 150.5606.41
69 Ceramic products 35.4 0.00 16.4115.82
70 Glass and glassware 17,460.6 2.33 17,479.4-0.11
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 18.4 0.00 1,102.3-98.33
72 Iron and steel 21,482.2 2.86 437.64,808.84
73 Articles of iron or steel 3,400.0 0.45 8,429.6-59.67
74 Copper and articles thereof 186.7 0.02 34.7438.15
76 Aluminum and articles thereof 10.5 0.00 27.8-62.26
81 Other base metals; cermets; articles thereof 980.1 0.13 271.8260.56
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 74.5 0.01 70.36.05
83 Miscellaneous articles of base metal 187.5 0.02 172.98.47
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 406,617.5 54.21 144,125.1182.13
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 45,490.8 6.06 47,842.7-4.92
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 3.2 0.00 62.6-94.87
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 4,711.1 0.63 3,176.748.30
88 Aircraft, spacecraft, and parts thereof 506.9 0.07 152.4232.69
89 Ships, boats and floating structures 165.8 0.02 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 15,173.9 2.02 18,018.6-15.79
91 Clocks and watches and parts thereof 42.8 0.01 322.4-86.73
92 Musical instruments; parts and accessories of such articles 489.5 0.07 437.111.99
93 Arms and ammunition; parts and accessories thereof 298.8 0.04 62.3379.58
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 14,525.7 1.94 10,303.040.99
95 Toys, games and sports requisites; parts and accessories thereof 3,489.4 0.47 2,043.470.77
96 Miscellaneous manufactured articles 33.9 0.00 20.069.02
97 Work1,275.595.07s of art, collectors’ pieces and antiques 235.8 0.03 129.182.61
99 Commodities not specified according to kind 14,987.4 2.00 12,670.118.29
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce