US trade with Latvia in the 2nd quarter of 2017

Published or Updated: Sep 12, 2017

The report on US foreign trade in goods with Latvia in the 2nd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Latvia

In the 2nd quarter of 2017, US trade with Latvia totaled $194.0 million, up 30.30% ($45.1 million) from the 2nd quarter of 2016.

US exports to Latvia in the 2nd quarter of 2017 totaled $97.4 million, up 78.81% ($42.9 million) from the 2nd quarter of 2016.

US imports from Latvia in the 2nd quarter of 2017 totaled $96.5 million, up 2.29% ($2.2 million) from the 2nd quarter of 2016.

US trade balance with Latvia went from a deficit of $39.9 million in the 2nd quarter of 2016, to a surplus of $0.9 million in the 2nd quarter of 2017.

Latvia was the US 104th largest trading partner in the 2nd quarter of 2017 (up from 107th in the 2nd quarter of 2016), accounting for 0.0197% of US total trade (up from 0.0161% in the 2nd quarter of 2016).

Latvia was the US 106th largest export market in the 2nd quarter of 2017 (up from 118th in the 2nd quarter of 2016), accounting for 0.0253% of US total exports (up from 0.0150% in the 2nd quarter of 2016).

Latvia was the US 95th largest supplier in the 2nd quarter of 2017 (up from 97th in the 2nd quarter of 2016), accounting for 0.0160% of US total imports (down from 0.0168% in the 2nd quarter of 2016).

US Exports to Latvia

The major share of US exports to Latvia in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 64.60% of US total exports to Latvia (51.73% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 13.80% of US total exports to Latvia (21.85% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.75% of US total exports to Latvia (12.08% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.05% of US total exports to Latvia (3.84% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.98% of US total exports to Latvia (1.35% in the 2nd quarter of 2016);
  • Mineral products (HS codes 25-27) - 1.01% of US total exports to Latvia (1.19% in the 2nd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.78% of US total exports to Latvia (1.10% in the 2nd quarter of 2016).

The largest gains in US exports to Latvia in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $23.5 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 $7.6 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $2.6 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - 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 $1.0 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $0.9 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $0.8 million;
  • Rubber and articles thereof (HS code 40) - an increase of $0.5 million;
  • Miscellaneous edible preparations (HS code 21) - an increase of $0.5 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $0.5 million;
  • Copper and articles thereof (HS code 74) - an increase of $0.4 million;
  • Pharmaceutical products (HS code 30) - an increase of $0.4 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $0.4 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $0.4 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $0.4 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $0.3 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.

The largest declines in US exports to Latvia in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Knitted or crocheted fabrics (HS code 60) - a decrease of $0.8 million;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $0.8 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $0.6 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $0.5 million;
  • Organic chemicals (HS code 29) - a decrease of $0.3 million;
  • Musical instruments; parts and accessories of such articles (HS code 92) - a decrease of $0.3 million.
US exports to Latvia in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q2 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 24.5 0.03 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0.0 0.00 3.3-100.00
05 Products of animal origin, not elsewhere specified or included 127.0 0.13 80.258.37
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 10.8 0.01 6.369.83
08 Edible fruit and nuts; peel of citrus fruit or melons 622.5 0.64 694.3-10.34
09 Coffee, tea, maté and spices 221.3 0.23 0.0
10 Cereals 52.1 0.05 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 15.4 0.02 247.0-93.76
13 Lac; gums, resins and other vegetable saps and extracts 81.1 0.08 10.1704.54
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0.0 0.00 22.5-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 4.1 0.00 488.3-99.16
17 Sugars and sugar confectionery 193.2 0.20 242.5-20.32
18 Cocoa and cocoa preparations 31.3 0.03 84.3-62.89
19 Preparations of cereals, flour, starch or milk; bakers’ wares 259.4 0.27 213.521.50
20 Preparations of vegetables, fruit, nuts or other parts of plants 163.7 0.17 447.6-63.43
21 Miscellaneous edible preparations 3,182.1 3.27 2,718.117.07
22 Beverages, spirits and vinegar 8,282.3 8.50 5,681.845.77
23 Residues and waste from the food industries; prepared animal feed 145.2 0.15 106.236.74
24 Tobacco and manufactured tobacco substitutes 35.7 0.04 860.2-95.85
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 381.1 0.39 355.27.27
26 Ores, slag and ash 14.3 0.01 18.7-23.17
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 587.6 0.60 273.7114.66
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 388.2 0.40 79.1390.71
29 Organic chemicals 401.0 0.41 712.7-43.74
30 Pharmaceutical products 592.9 0.61 182.4225.15
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 413.4 0.42 384.77.45
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,347.7 1.38 884.252.43
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 462.8 0.47 176.9161.65
35 Albuminoidal substances; modified starches; glues; enzymes 63.7 0.07 84.2-24.33
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 22.1 0.02 23.1-4.66
37 Photographic or cinematographic goods 8.1 0.01 5.548.13
38 Miscellaneous chemical products 989.3 1.02 1,132.1-12.61
39 Plastics and articles thereof 2,230.9 2.29 2,786.5-19.94
40 Rubber and articles thereof 636.0 0.65 133.5376.30
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 91.4 0.09 160.7-43.11
44 Wood and articles of wood; wood charcoal 42.0 0.04 328.1-87.19
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 5.8 0.01 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 200.0 0.21 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 496.8 0.51 241.6105.66
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 15.7 0.02 28.5-44.99
50 Silk 10.2 0.01 0.0
52 Cotton 6.6 0.01 8.0-17.28
54 Man-made filaments 9.9 0.01 0.0
57 Carpets and other textile floor coverings 120.0 0.12 5.52,097.69
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 64.3 0.07 31.7102.70
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 16.0 0.02 58.2-72.44
60 Knitted or crocheted fabrics 826.8 0.85 1,652.2-49.96
61 Articles of apparel and clothing accessories, knitted or crocheted 314.0 0.32 54.1480.06
62 Articles of apparel and clothing accessories, not knitted or crocheted 459.6 0.47 105.9334.06
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 40.6 0.04 72.4-43.95
64 Footwear, gaiters and the like; parts of such articles 87.7 0.09 93.1-5.83
65 Headgear and parts thereof 46.8 0.05 11.9293.28
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 92.3 0.09 85.48.09
69 Ceramic products 177.0 0.18 197.4-10.31
70 Glass and glassware 408.7 0.42 175.9132.36
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 0.0 0.00 87.7-100.00
72 Iron and steel 6.8 0.01 98.3-93.09
73 Articles of iron or steel 498.2 0.51 374.133.17
74 Copper and articles thereof 462.3 0.47 34.91,224.75
75 Nickel and articles thereof 29.9 0.03 0.0
76 Aluminum and articles thereof 231.1 0.24 8.52,614.80
80 Tin and articles thereof 0.0 0.00 5.4-100.00
81 Other base metals; cermets; articles thereof 32.7 0.03 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 514.9 0.53 131.9290.42
83 Miscellaneous articles of base metal 150.2 0.15 84.278.29
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 10,321.0 10.59 10,126.21.92
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 17,872.4 18.34 10,244.174.46
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 3,453.3 3.54 2,513.837.37
88 Aircraft, spacecraft, and parts thereof 24,441.5 25.08 953.42,463.52
89 Ships, boats and floating structures 220.9 0.23 114.992.33
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 6,638.1 6.81 4,240.356.55
91 Clocks and watches and parts thereof 3.9 0.00 4.2-7.61
92 Musical instruments; parts and accessories of such articles 237.1 0.24 529.7-55.24
93 Arms and ammunition; parts and accessories thereof 440.2 0.45 49.6788.12
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 1,619.0 1.66 592.2173.41
95 Toys, games and sports requisites; parts and accessories thereof 1,832.1 1.88 1,051.474.25
96 Miscellaneous manufactured articles 37.2 0.04 93.6-60.28
97 Works of art, collectors’ pieces and antiques 22.8 0.02 62.0-63.23

US Imports from Latvia

The major share of US imports from Latvia in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 36.33% of US total imports from Latvia (19.22% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 36.00% of US total imports from Latvia (44.12% in the 2nd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 5.63% of US total imports from Latvia (4.47% in the 2nd quarter of 2016);
  • Mineral products (HS codes 25-27) - 3.59% of US total imports from Latvia (2.29% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.77% of US total imports from Latvia (2.24% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.73% of US total imports from Latvia (17.74% in the 2nd quarter of 2016).

The largest gains in US imports from Latvia in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $11.7 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 $3.3 million;
  • Articles of iron or steel (HS code 73) - an increase of $1.5 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $1.3 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - 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 $1.2 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 $0.6 million;
  • Man-made filaments (HS code 54) - an increase of $0.6 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $0.5 million.

The largest declines in US imports from Latvia in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Iron and steel (HS code 72) - a decrease of $15.6 million;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $6.4 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $0.8 million.
US imports from Latvia in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q2 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 395.2 0.41 1,207.5-67.27
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 144.3 0.15 46.2212.10
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 3.5 0.00 0.0
07 Edible vegetables and certain roots and tubers 19.3 0.02 0.0
09 Coffee, tea, maté and spices 56.4 0.06 0.0
11 Products of the milling industry; malt; starches; inulin; wheat gluten 162.8 0.17 105.154.92
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 30.5-100.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 703.5 0.73 553.627.08
18 Cocoa and cocoa preparations 12.3 0.01 13.1-6.06
19 Preparations of cereals, flour, starch or milk; bakers’ wares 187.8 0.19 203.4-7.65
20 Preparations of vegetables, fruit, nuts or other parts of plants 11.4 0.01 6.186.45
22 Beverages, spirits and vinegar 33,054.1 34.24 39,407.6-16.12
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 60.8-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 3,465.7 3.59 2,159.260.51
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 14.3 0.01 0.0
29 Organic chemicals 154.2 0.16 124.424.02
30 Pharmaceutical products 64.5 0.07 22.1192.47
31 Fertilizers 0.0 0.00 43.3-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 6.3-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 43.4-100.00
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 11.2 0.01 69.6-83.84
35 Albuminoidal substances; modified starches; glues; enzymes 9.7 0.01 0.0
38 Miscellaneous chemical products 47.0 0.05 59.5-21.02
39 Plastics and articles thereof 350.1 0.36 262.933.17
40 Rubber and articles thereof 154.3 0.16 166.5-7.28
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 31.3 0.03 1.91,542.73
43 Furskins and artificial fur; manufactures thereof 10.6 0.01 9.512.03
44 Wood and articles of wood; wood charcoal 5,378.5 5.57 4,117.030.64
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2.8 0.00 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 50.8 0.05 102.9-50.66
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0.5 0.00 0.9-48.02
54 Man-made filaments 1,534.4 1.59 961.759.54
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 83.1-100.00
57 Carpets and other textile floor coverings 12.0 0.01 0.81,458.54
61 Articles of apparel and clothing accessories, knitted or crocheted 634.3 0.66 638.6-0.66
62 Articles of apparel and clothing accessories, not knitted or crocheted 306.5 0.32 156.895.53
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 129.4 0.13 146.1-11.39
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 54.4 0.06 127.9-57.48
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 24.3 0.03 0.0
70 Glass and glassware 3,814.8 3.95 3,905.3-2.32
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 223.2 0.23 5.83,727.40
72 Iron and steel 258.4 0.27 15,849.7-98.37
73 Articles of iron or steel 2,284.4 2.37 823.7177.33
74 Copper and articles thereof 0.0 0.00 22.9-100.00
76 Aluminum and articles thereof 3.8 0.00 4.2-9.94
81 Other base metals; cermets; articles thereof 72.8 0.08 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 15.8-100.00
83 Miscellaneous articles of base metal 16.2 0.02 21.3-24.03
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 17,247.7 17.87 5,540.6211.30
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 12,432.0 12.88 9,113.136.42
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 32.9 0.03 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,520.3 1.57 275.1452.65
88 Aircraft, spacecraft, and parts thereof 144.5 0.15 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 3,694.5 3.83 3,207.315.19
91 Clocks and watches and parts thereof 47.0 0.05 43.28.69
92 Musical instruments; parts and accessories of such articles 151.5 0.16 4.73,148.99
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 3,084.8 3.20 2,482.224.28
95 Toys, games and sports requisites; parts and accessories thereof 199.8 0.21 196.01.95
96 Miscellaneous manufactured articles 2.4 0.00 12.5-81.03
97 Works of art, collectors’ pieces and antiques 60.0 0.06 68.7-12.68
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce