US trade with Latvia in the 4th quarter of 2017

Published or Updated: May 21, 2018

The report on US foreign trade in goods with Latvia in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Latvia

In the 4th quarter of 2017, US trade with Latvia totaled $209.9 million, up 28.18% ($46.1 million) from the 4th quarter of 2016.

US exports to Latvia in the 4th quarter of 2017 totaled $89.9 million, up 17.39% ($13.3 million) from the 4th quarter of 2016.

US imports from Latvia in the 4th quarter of 2017 totaled $120.0 million, up 37.65% ($32.8 million) from the 4th quarter of 2016.

US trade deficit with Latvia in the 4th quarter of 2017 was $30.2 million, a 183.36% increase ($19.5 million) over the 4th quarter of 2016.

Latvia was the US 103rd largest trading partner in the 4th quarter of 2017 (up from 104th in the 4th quarter of 2016), accounting for 0.0201% of US total trade (up from 0.0170% in the 4th quarter of 2016).

Latvia was the US 110th largest export market in the 4th quarter of 2017 (just as in the 4th quarter of 2016), accounting for 0.0220% of US total exports (up from 0.0202% in the 4th quarter of 2016).

Latvia was the US 94th largest supplier in the 4th quarter of 2017 (just as in the 4th quarter of 2016), accounting for 0.0189% of US total imports (up from 0.0150% in the 4th quarter of 2016).

US Exports to Latvia

The major share of US exports to Latvia in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 56.89% of US total exports to Latvia (45.67% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 22.28% of US total exports to Latvia (19.77% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 9.46% of US total exports to Latvia (19.07% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.41% of US total exports to Latvia (1.95% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.10% of US total exports to Latvia (4.19% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.64% of US total exports to Latvia (1.08% in the 4th quarter of 2016);
  • Mineral products (HS codes 25-27) - 0.30% of US total exports to Latvia (2.63% in the 4th quarter of 2016).

The largest gains in US exports to Latvia in the 4th quarter of 2017 over the 4th quarter of 2016 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) - an increase of $15.5 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $3.8 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $1.6 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $1.4 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $1.4 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $1.0 million;
  • Plastics and articles thereof (HS code 39) - an increase of $1.0 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $0.8 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;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $0.5 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.4 million;
  • Pharmaceutical products (HS code 30) - an increase of $0.4 million.

The largest declines in US exports to Latvia in the 4th quarter of 2017 over the 4th quarter of 2016 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 $8.2 million;
  • Articles of iron or steel (HS code 73) - a decrease of $2.2 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $1.9 million;
  • Ores, slag and ash (HS code 26) - a decrease of $1.3 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $0.5 million;
  • Knitted or crocheted fabrics (HS code 60) - a decrease of $0.4 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $0.3 million;
  • Cocoa and cocoa preparations (HS code 18) - a decrease of $0.3 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $0.3 million;
  • Organic chemicals (HS code 29) - a decrease of $0.3 million;
  • Miscellaneous chemical products (HS code 38) - a decrease of $0.3 million.
US exports to Latvia in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 68.8 0.08 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 92.6 0.10 22.3315.46
05 Products of animal origin, not elsewhere specified or included 119.8 0.13 50.5137.23
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0.0 0.00 95.5-100.00
08 Edible fruit and nuts; peel of citrus fruit or melons 2,493.8 2.78 1,045.7138.48
09 Coffee, tea, maté and spices 38.0 0.04 103.3-63.26
10 Cereals 36.3 0.04 0.0
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 81.2-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 9.3 0.01 0.0
17 Sugars and sugar confectionery 375.0 0.42 275.536.11
18 Cocoa and cocoa preparations 32.8 0.04 345.4-90.50
19 Preparations of cereals, flour, starch or milk; bakers’ wares 171.1 0.19 255.2-32.94
20 Preparations of vegetables, fruit, nuts or other parts of plants 54.7 0.06 80.0-31.58
21 Miscellaneous edible preparations 3,291.5 3.66 3,383.5-2.72
22 Beverages, spirits and vinegar 12,988.3 14.45 9,161.441.77
23 Residues and waste from the food industries; prepared animal feed 223.0 0.25 231.8-3.82
24 Tobacco and manufactured tobacco substitutes 27.2 0.03 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 220.2 0.25 132.765.92
26 Ores, slag and ash 29.3 0.03 1,359.5-97.85
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 15.6 0.02 523.5-97.02
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 455.7 0.51 8,664.0-94.74
29 Organic chemicals 208.1 0.23 496.8-58.11
30 Pharmaceutical products 542.6 0.60 142.5280.66
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 541.8 0.60 427.826.67
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,815.1 2.02 772.4134.98
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 301.1 0.34 193.855.38
35 Albuminoidal substances; modified starches; glues; enzymes 240.0 0.27 3.66,586.38
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 16.4 0.02 37.6-56.28
37 Photographic or cinematographic goods 14.8 0.02 37.5-60.66
38 Miscellaneous chemical products 1,593.9 1.77 1,879.1-15.18
39 Plastics and articles thereof 2,437.2 2.71 1,411.572.66
40 Rubber and articles thereof 333.2 0.37 529.8-37.11
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 59.4 0.07 79.1-24.96
43 Furskins and artificial fur; manufactures thereof 5.0 0.01 0.0
44 Wood and articles of wood; wood charcoal 74.2 0.08 297.7-75.07
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0.0 0.00 17.2-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 400.5 0.45 460.9-13.09
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 102.9 0.11 53.891.27
52 Cotton 10.9 0.01 56.7-80.70
54 Man-made filaments 6.0 0.01 80.8-92.58
57 Carpets and other textile floor coverings 93.3 0.10 2.83,239.14
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 13.1 0.01 67.6-80.55
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 48.3 0.05 34.838.86
60 Knitted or crocheted fabrics 205.7 0.23 630.4-67.38
61 Articles of apparel and clothing accessories, knitted or crocheted 254.9 0.28 48.3427.62
62 Articles of apparel and clothing accessories, not knitted or crocheted 154.6 0.17 71.0117.77
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 48.1 0.05 378.0-87.27
64 Footwear, gaiters and the like; parts of such articles 336.9 0.37 106.5216.40
65 Headgear and parts thereof 93.7 0.10 3.52,584.16
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 11.6-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 38.9 0.04 191.8-79.71
69 Ceramic products 6.6 0.01 118.3-94.44
70 Glass and glassware 457.7 0.51 445.32.76
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 37.5 0.04 8.2359.88
72 Iron and steel 3.4 0.00 96.4-96.45
73 Articles of iron or steel 141.6 0.16 2,333.8-93.93
74 Copper and articles thereof 158.4 0.18 39.5300.72
75 Nickel and articles thereof 49.9 0.06 0.0
76 Aluminum and articles thereof 150.8 0.17 189.8-20.51
80 Tin and articles thereof 0.0 0.00 5.0-100.00
81 Other base metals; cermets; articles thereof 31.3 0.03 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 60.3 0.07 362.9-83.37
83 Miscellaneous articles of base metal 396.5 0.44 180.3119.89
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 9,250.1 10.29 8,848.44.54
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 27,056.4 30.11 11,575.2133.74
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 3.8-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 3,748.4 4.17 2,146.874.61
88 Aircraft, spacecraft, and parts thereof 4,679.0 5.21 4,227.910.67
89 Ships, boats and floating structures 246.1 0.27 90.2172.75
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 6,141.7 6.83 8,068.1-23.88
91 Clocks and watches and parts thereof 3.9 0.00 4.7-15.99
92 Musical instruments; parts and accessories of such articles 505.9 0.56 545.9-7.33
93 Arms and ammunition; parts and accessories thereof 798.0 0.89 11.07,173.96
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 1,236.3 1.38 730.069.36
95 Toys, games and sports requisites; parts and accessories thereof 1,460.5 1.63 1,200.121.69
96 Miscellaneous manufactured articles 32.1 0.04 136.1-76.40
97 Works of art, collectors’ pieces and antiques 257.0 0.29 42.8500.43
99 Commodities not specified according to kind 2,218.5 2.47 804.2175.87

US Imports from Latvia

The major share of US imports from Latvia in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 39.71% of US total imports from Latvia (24.60% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 36.55% of US total imports from Latvia (49.36% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 6.73% of US total imports from Latvia (5.92% in the 4th quarter of 2016);
  • Mineral products (HS codes 25-27) - 2.97% of US total imports from Latvia (3.01% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.14% of US total imports from Latvia (3.47% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.09% of US total imports from Latvia (0.68% in the 4th quarter of 2016).

The largest gains in US imports from Latvia in the 4th quarter of 2017 over the 4th 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 $25.7 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $2.8 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $2.7 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $0.9 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $0.8 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.7 million;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $0.7 million.

The largest declines in US imports from Latvia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $1.1 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $0.9 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $0.5 million.
US imports from Latvia in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 192.8 0.16 0.0
03 Fish and crustaceans, molluscs and other aquatic invertebrates 8.5 0.01 898.2-99.05
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 90.5 0.08 1,231.5-92.65
08 Edible fruit and nuts; peel of citrus fruit or melons 5.3 0.00 19.9-73.44
11 Products of the milling industry; malt; starches; inulin; wheat gluten 77.0 0.06 165.0-53.31
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 57.5 0.05 39.943.98
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 38.5 0.03 9.2319.55
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 849.0 0.71 963.8-11.91
17 Sugars and sugar confectionery 0.0 0.00 22.5-100.00
18 Cocoa and cocoa preparations 231.4 0.19 188.522.79
19 Preparations of cereals, flour, starch or milk; bakers’ wares 267.4 0.22 222.720.06
20 Preparations of vegetables, fruit, nuts or other parts of plants 13.0 0.01 0.0
21 Miscellaneous edible preparations 0.0 0.00 8.6-100.00
22 Beverages, spirits and vinegar 42,037.6 35.03 39,271.17.04
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 3,569.5 2.97 2,624.136.03
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 4.1 0.00 12.1-65.95
29 Organic chemicals 116.7 0.10 65.877.19
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 4.7 0.00 3.631.58
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 44.5 0.04 9.9349.60
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 55.8 0.05 0.0
35 Albuminoidal substances; modified starches; glues; enzymes 2.6 0.00 16.5-84.06
38 Miscellaneous chemical products 143.7 0.12 229.5-37.36
39 Plastics and articles thereof 332.4 0.28 307.58.09
40 Rubber and articles thereof 261.4 0.22 89.1193.27
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 23.9 0.02 12.197.05
43 Furskins and artificial fur; manufactures thereof 3.1 0.00 0.7365.11
44 Wood and articles of wood; wood charcoal 7,772.6 6.48 5,064.353.48
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 32.6 0.03 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 269.4 0.22 94.8184.19
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 8.4 0.01 0.0
52 Cotton 0.0 0.00 3.9-100.00
54 Man-made filaments 1,363.6 1.14 1,317.73.48
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.8 0.00 31.2-97.56
57 Carpets and other textile floor coverings 172.0 0.14 2.85,979.64
61 Articles of apparel and clothing accessories, knitted or crocheted 576.7 0.48 1,121.0-48.56
62 Articles of apparel and clothing accessories, not knitted or crocheted 271.8 0.23 237.514.45
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 124.1 0.10 235.0-47.18
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 7.0-100.00
65 Headgear and parts thereof 3.4 0.00 2.723.10
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 46.6 0.04 69.5-32.96
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 112.4 0.09 0.0
69 Ceramic products 16.4 0.01 0.0
70 Glass and glassware 4,789.1 3.99 4,509.96.19
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 667.2 0.56 10.86,085.77
72 Iron and steel 8.0 0.01 0.0
73 Articles of iron or steel 1,180.3 0.98 523.1125.65
74 Copper and articles thereof 17.3 0.01 9.974.58
76 Aluminum and articles thereof 7.8 0.01 0.0
81 Other base metals; cermets; articles thereof 86.2 0.07 20.1329.14
83 Miscellaneous articles of base metal 10.4 0.01 36.7-71.56
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 31,150.5 25.95 5,456.9470.84
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 10,494.8 8.74 10,369.81.21
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 15.0-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 625.6 0.52 314.498.98
88 Aircraft, spacecraft, and parts thereof 5.4 0.00 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 5,389.7 4.49 5,289.41.90
91 Clocks and watches and parts thereof 6.0 0.01 7.5-19.85
92 Musical instruments; parts and accessories of such articles 66.1 0.06 95.3-30.68
93 Arms and ammunition; parts and accessories thereof 2.4 0.00 75.4-96.88
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 2,484.4 2.07 2,598.6-4.40
95 Toys, games and sports requisites; parts and accessories thereof 1,208.6 1.01 379.9218.14
96 Miscellaneous manufactured articles 0.0 0.00 59.3-100.00
97 Works of art, collectors’ pieces and antiques 30.0 0.03 6.1390.07
99 Commodities not specified according to kind 2,589.0 2.16 2,816.0-8.06
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce