US trade with Latvia in the 1st quarter of 2017

Published or Updated: Jul 27, 2017

The report on US foreign trade in goods with Latvia in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Latvia

In the 1st quarter of 2017, US trade with Latvia totaled $143.0 million, up 3.40% ($4.7 million) from the 1st quarter of 2016.

US exports to Latvia in the 1st quarter of 2017 totaled $66.0 million, up 13.07% ($7.6 million) from the 1st quarter of 2016.

US imports from Latvia in the 1st quarter of 2017 were $77.0 million, down 3.66% ($2.9 million) from the 1st quarter of 2016.

US trade deficit with Latvia in the 1st quarter of 2017 was $11.0 million, a 48.94% decrease ($10.6 million) over the 1st quarter of 2016.

Latvia was the US 107th largest trading partner in the 1st quarter of 2017 (down from 104th in the 1st quarter of 2016), accounting for 0.0152% of US total trade (down from 0.0158% in the 1st quarter of 2016).

Latvia was the US 111th largest export market in the 1st quarter of 2017 (just as in the 1st quarter of 2016), accounting for 0.0177% of US total exports (up from 0.0168% in the 1st quarter of 2016).

Latvia was the US 98th largest supplier in the 1st quarter of 2017 (down from 95th in the 1st quarter of 2016), accounting for 0.0136% of US total imports (down from 0.0152% in the 1st quarter of 2016).

US Exports to Latvia

The major share of US exports to Latvia in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 47.09% of US total exports to Latvia (57.19% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 21.67% of US total exports to Latvia (16.93% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 16.13% of US total exports to Latvia (11.80% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 3.14% of US total exports to Latvia (0.56% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.30% of US total exports to Latvia (2.75% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.05% of US total exports to Latvia (2.99% in the 1st quarter of 2016).

The largest gains in US exports to Latvia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Miscellaneous chemical products (HS code 38) - an increase of $2.3 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $2.2 million;
  • Miscellaneous edible preparations (HS code 21) - an increase of $1.4 million;
  • Ores, slag and ash (HS code 26) - an increase of $1.3 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $1.3 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $0.9 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $0.8 million;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $0.6 million;
  • Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage (HS code 06) - an increase of $0.6 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $0.5 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 $0.5 million;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $0.3 million;
  • Pharmaceutical products (HS code 30) - an increase of $0.3 million;
  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - an increase of $0.2 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $0.2 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $0.2 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $0.2 million;
  • Rubber and articles thereof (HS code 40) - an increase of $0.2 million;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $0.2 million.

The largest declines in US exports to Latvia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $5.3 million;
  • Articles of iron or steel (HS code 73) - a decrease of $0.8 million;
  • Knitted or crocheted fabrics (HS code 60) - a decrease of $0.8 million;
  • Ceramic products (HS code 69) - a decrease of $0.4 million;
  • Musical instruments; parts and accessories of such articles (HS code 92) - a decrease of $0.4 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $0.3 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $0.3 million;
  • Nickel and articles thereof (HS code 75) - a decrease of $0.2 million.
US exports to Latvia in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 211.5 0.32 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 4.5 0.01 0.0
05 Products of animal origin, not elsewhere specified or included 125.4 0.19 72.572.89
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 578.2 0.88 20.92,666.56
08 Edible fruit and nuts; peel of citrus fruit or melons 711.6 1.08 193.3268.23
09 Coffee, tea, maté and spices 52.2 0.08 2.71,798.62
10 Cereals 0.0 0.00 34.8-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 537.3 0.81 327.863.89
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 5.7-100.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 232.8 0.35 0.0
17 Sugars and sugar confectionery 166.0 0.25 3.44,730.68
18 Cocoa and cocoa preparations 76.9 0.12 5.51,307.29
19 Preparations of cereals, flour, starch or milk; bakers’ wares 250.8 0.38 227.310.34
20 Preparations of vegetables, fruit, nuts or other parts of plants 187.5 0.28 16.11,065.54
21 Miscellaneous edible preparations 3,806.0 5.77 2,433.056.43
22 Beverages, spirits and vinegar 7,231.2 10.96 6,346.213.94
23 Residues and waste from the food industries; prepared animal feed 132.2 0.20 168.5-21.58
24 Tobacco and manufactured tobacco substitutes 0.0 0.00 23.9-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 244.2 0.37 54.2350.60
26 Ores, slag and ash 1,368.4 2.07 36.33,668.05
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 459.7 0.70 238.992.42
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 380.5 0.58 84.7349.05
29 Organic chemicals 218.5 0.33 89.8143.28
30 Pharmaceutical products 456.0 0.69 166.0174.67
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 314.5 0.48 288.49.06
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,399.8 2.12 620.7125.50
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 310.4 0.47 189.463.85
35 Albuminoidal substances; modified starches; glues; enzymes 23.2 0.04 130.1-82.20
37 Photographic or cinematographic goods 6.1 0.01 43.0-85.69
38 Miscellaneous chemical products 4,933.2 7.47 2,588.490.59
39 Plastics and articles thereof 2,328.8 3.53 2,625.3-11.29
40 Rubber and articles thereof 276.1 0.42 65.2323.50
41 Raw hides and skins (other than furskins) and leather 22.7 0.03 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 90.3 0.14 22.2307.33
44 Wood and articles of wood; wood charcoal 185.4 0.28 58.6216.35
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 67.6 0.10 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 268.6 0.41 233.415.06
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 50.5 0.08 24.1109.33
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0.0 0.00 8.6-100.00
52 Cotton 0.0 0.00 19.8-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 6.3-100.00
57 Carpets and other textile floor coverings 230.1 0.35 152.051.40
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 49.0 0.07 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 10.5 0.02 8.523.11
60 Knitted or crocheted fabrics 547.2 0.83 1,306.7-58.13
61 Articles of apparel and clothing accessories, knitted or crocheted 203.2 0.31 150.934.66
62 Articles of apparel and clothing accessories, not knitted or crocheted 122.7 0.19 33.6264.54
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 86.8 0.13 3.82,167.69
64 Footwear, gaiters and the like; parts of such articles 103.8 0.16 36.6183.66
65 Headgear and parts thereof 0.0 0.00 16.5-100.00
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.0 0.00 3.0-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 46.6 0.07 51.2-9.03
69 Ceramic products 102.4 0.16 532.2-80.75
70 Glass and glassware 415.3 0.63 265.056.71
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 30.2 0.05 12.5141.68
72 Iron and steel 51.3 0.08 0.0
73 Articles of iron or steel 158.3 0.24 998.1-84.14
75 Nickel and articles thereof 25.5 0.04 263.6-90.32
76 Aluminum and articles thereof 233.5 0.35 78.2198.43
80 Tin and articles thereof 0.0 0.00 2.8-100.00
81 Other base metals; cermets; articles thereof 5.1 0.01 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 361.5 0.55 172.2109.99
83 Miscellaneous articles of base metal 681.7 1.03 88.4671.64
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 6,955.0 10.54 12,220.1-43.09
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 13,409.3 20.32 13,576.4-1.23
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 0.0 0.00 9.7-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,229.7 3.38 942.3136.62
88 Aircraft, spacecraft, and parts thereof 3,122.0 4.73 920.5239.15
89 Ships, boats and floating structures 140.4 0.21 153.6-8.63
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 5,224.7 7.92 5,559.6-6.02
91 Clocks and watches and parts thereof 8.7 0.01 3.2173.68
92 Musical instruments; parts and accessories of such articles 356.0 0.54 757.3-52.99
93 Arms and ammunition; parts and accessories thereof 214.5 0.33 0.0
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 814.7 1.23 349.7132.94
95 Toys, games and sports requisites; parts and accessories thereof 1,400.3 2.12 1,547.7-9.53
96 Miscellaneous manufactured articles 48.7 0.07 85.2-42.86
97 Works of art, collectors’ pieces and antiques 157.8 0.24 0.0

US Imports from Latvia

The major share of US imports from Latvia in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 33.83% of US total imports from Latvia (52.60% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 30.33% of US total imports from Latvia (22.09% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 6.39% of US total imports from Latvia (4.20% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 6.34% of US total imports from Latvia (5.60% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 5.18% of US total imports from Latvia (1.23% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.89% of US total imports from Latvia (2.33% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.67% of US total imports from Latvia (1.19% in the 1st quarter of 2016).

The largest gains in US imports from Latvia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Organic chemicals (HS code 29) - an increase of $2.8 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $1.9 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $1.9 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 $1.7 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $1.6 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $0.4 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $0.2 million.

The largest declines in US imports from Latvia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Beverages, spirits and vinegar (HS code 22) - a decrease of $14.6 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $1.0 million;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $0.4 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $0.2 million.
US imports from Latvia in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
01 Live animals 0.0 0.00 25.2-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.0 0.00 1,019.6-100.00
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 86.8 0.11 476.8-81.79
07 Edible vegetables and certain roots and tubers 20.0 0.03 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 2.9 0.00 0.0
11 Products of the milling industry; malt; starches; inulin; wheat gluten 172.8 0.22 42.3308.33
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 202.6 0.26 183.310.50
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 4.9-100.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,031.6 1.34 840.522.74
17 Sugars and sugar confectionery 0.0 0.00 7.7-100.00
18 Cocoa and cocoa preparations 12.1 0.02 180.5-93.30
19 Preparations of cereals, flour, starch or milk; bakers’ wares 169.7 0.22 167.91.11
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 4.8-100.00
21 Miscellaneous edible preparations 0.0 0.00 6.7-100.00
22 Beverages, spirits and vinegar 24,355.5 31.63 38,967.4-37.50
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 118.4-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 4,918.4 6.39 3,356.446.54
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 12.1 0.02 3.3268.52
29 Organic chemicals 3,169.5 4.12 365.1768.10
30 Pharmaceutical products 2.2 0.00 64.7-96.59
31 Fertilizers 177.3 0.23 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 15.5 0.02 20.8-25.36
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 8.8 0.01 75.6-88.29
35 Albuminoidal substances; modified starches; glues; enzymes 8.5 0.01 61.4-86.10
38 Miscellaneous chemical products 262.9 0.34 22.31,078.91
39 Plastics and articles thereof 260.8 0.34 196.532.71
40 Rubber and articles thereof 72.0 0.09 176.6-59.24
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 25.7 0.03 1.22,003.11
43 Furskins and artificial fur; manufactures thereof 7.0 0.01 0.51,285.01
44 Wood and articles of wood; wood charcoal 4,774.8 6.20 4,400.18.52
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 108.1 0.14 74.744.77
54 Man-made filaments 588.0 0.76 794.0-25.95
57 Carpets and other textile floor coverings 0.6 0.00 0.9-33.48
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.4 0.00 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 205.8 0.27 338.9-39.27
62 Articles of apparel and clothing accessories, not knitted or crocheted 348.5 0.45 587.0-40.63
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 181.2 0.24 127.841.85
64 Footwear, gaiters and the like; parts of such articles 9.0 0.01 4.4105.89
65 Headgear and parts thereof 1.0 0.00 1.02.09
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 123.7 0.16 10.31,101.64
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0.0 0.00 5.3-100.00
69 Ceramic products 0.0 0.00 3.2-100.00
70 Glass and glassware 4,011.6 5.21 4,108.5-2.36
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 211.9 0.28 10.61,908.18
72 Iron and steel 171.2 0.22 0.0
73 Articles of iron or steel 881.6 1.14 908.8-2.99
74 Copper and articles thereof 17.4 0.02 11.354.52
76 Aluminum and articles thereof 3.1 0.00 4.7-34.45
81 Other base metals; cermets; articles thereof 95.3 0.12 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 24.7 0.03 0.0
83 Miscellaneous articles of base metal 94.4 0.12 29.0225.74
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 8,327.9 10.81 6,416.729.79
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 10,131.3 13.16 8,383.620.85
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 29.8 0.04 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 310.8 0.40 240.029.51
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 4,560.7 5.92 2,617.374.25
91 Clocks and watches and parts thereof 104.3 0.14 23.0353.63
92 Musical instruments; parts and accessories of such articles 70.6 0.09 4.11,633.87
93 Arms and ammunition; parts and accessories thereof 60.0 0.08 0.0
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 2,343.5 3.04 2,456.2-4.59
95 Toys, games and sports requisites; parts and accessories thereof 335.5 0.44 173.493.48
96 Miscellaneous manufactured articles 17.7 0.02 6.1189.41
97 Works of art, collectors’ pieces and antiques 6.2 0.01 46.5-86.77
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce