US trade with Latvia in the first half of 2017

Published or Updated: Oct 22, 2017

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

US Trade with Latvia

In the first half of 2017, US trade with Latvia totaled $337.0 million, up 17.35% ($49.8 million) from the first half of 2016.

US exports to Latvia in the first half of 2017 totaled $163.4 million, up 44.81% ($50.6 million) from the first half of 2016.

US imports from Latvia in the first half of 2017 were $173.5 million, down 0.44% ($0.8 million) from the first half of 2016.

US trade deficit with Latvia in the first half of 2017 was $10.1 million, a 83.56% decrease ($51.3 million) over the first half of 2016.

Latvia was the US 107th largest trading partner in the first half of 2017 (down from 106th in the first half of 2016), accounting for 0.0175% of US total trade (up from 0.0159% in the first half of 2016).

Latvia was the US 110th largest export market in the first half of 2017 (up from 117th in the first half of 2016), accounting for 0.0216% of US total exports (up from 0.0159% in the first half of 2016).

Latvia was the US 96th largest supplier in the first half of 2017 (down from 94th in the first half of 2016), accounting for 0.0149% of US total imports (down from 0.0160% in the first half of 2016).

US Exports to Latvia

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 57.53% of US total exports to Latvia (54.55% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 16.98% of US total exports to Latvia (19.30% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 11.14% of US total exports to Latvia (11.94% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 2.11% of US total exports to Latvia (2.07% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.05% of US total exports to Latvia (3.40% in the first half of 2016);
  • Mineral products (HS codes 25-27) - 1.87% of US total exports to Latvia (0.87% in the first half of 2016).

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

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $25.7 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 $7.5 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $3.5 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $2.2 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $2.2 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $2.1 million;
  • Miscellaneous edible preparations (HS code 21) - an increase of $1.8 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 $1.5 million;
  • Ores, slag and ash (HS code 26) - an increase of $1.3 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $1.2 million;
  • Rubber and articles thereof (HS code 40) - an increase of $0.7 million;
  • Pharmaceutical products (HS code 30) - an increase of $0.7 million;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $0.7 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $0.6 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $0.6 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 $0.6 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - 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;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $0.5 million.

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

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $5.1 million;
  • Knitted or crocheted fabrics (HS code 60) - a decrease of $1.6 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $0.9 million;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $0.8 million;
  • Articles of iron or steel (HS code 73) - a decrease of $0.7 million;
  • Musical instruments; parts and accessories of such articles (HS code 92) - a decrease of $0.7 million.
US exports to Latvia in the first half of 2017 by product groups
HS
code
Name of product group Value
of exports
in first-half 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 236.0 0.14 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 4.5 0.00 3.334.97
05 Products of animal origin, not elsewhere specified or included 252.3 0.15 152.765.27
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 589.0 0.36 27.22,062.91
08 Edible fruit and nuts; peel of citrus fruit or melons 1,334.2 0.82 887.650.32
09 Coffee, tea, maté and spices 273.5 0.17 2.79,849.00
10 Cereals 52.1 0.03 34.849.50
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 552.7 0.34 574.9-3.85
13 Lac; gums, resins and other vegetable saps and extracts 81.1 0.05 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 0.00 494.0-99.17
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 232.8 0.14 0.0
17 Sugars and sugar confectionery 359.2 0.22 245.946.06
18 Cocoa and cocoa preparations 108.1 0.07 89.820.45
19 Preparations of cereals, flour, starch or milk; bakers’ wares 510.2 0.31 440.815.75
20 Preparations of vegetables, fruit, nuts or other parts of plants 351.2 0.21 463.7-24.25
21 Miscellaneous edible preparations 6,988.0 4.28 5,151.135.66
22 Beverages, spirits and vinegar 15,513.6 9.49 12,028.028.98
23 Residues and waste from the food industries; prepared animal feed 277.4 0.17 274.70.96
24 Tobacco and manufactured tobacco substitutes 35.7 0.02 884.1-95.96
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 625.3 0.38 409.452.72
26 Ores, slag and ash 1,382.8 0.85 55.02,415.20
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,047.3 0.64 512.6104.30
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 768.7 0.47 163.8369.17
29 Organic chemicals 619.5 0.38 802.5-22.81
30 Pharmaceutical products 1,048.9 0.64 348.4201.09
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 727.9 0.45 673.18.14
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2,747.5 1.68 1,504.982.57
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 773.2 0.47 366.3111.08
35 Albuminoidal substances; modified starches; glues; enzymes 86.9 0.05 214.4-59.46
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 22.1 0.01 23.1-4.66
37 Photographic or cinematographic goods 14.2 0.01 48.4-70.60
38 Miscellaneous chemical products 5,922.5 3.62 3,720.459.19
39 Plastics and articles thereof 4,559.7 2.79 5,411.9-15.75
40 Rubber and articles thereof 912.1 0.56 198.7358.98
41 Raw hides and skins (other than furskins) and leather 22.7 0.01 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 181.7 0.11 182.8-0.62
44 Wood and articles of wood; wood charcoal 227.4 0.14 386.7-41.19
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 5.8 0.00 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 267.6 0.16 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 765.4 0.47 475.061.13
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 66.1 0.04 52.625.78
50 Silk 10.2 0.01 0.0
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0.0 0.00 8.6-100.00
52 Cotton 6.6 0.00 27.8-76.16
54 Man-made filaments 9.9 0.01 0.0
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 350.0 0.21 157.4122.35
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 113.3 0.07 31.7257.40
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 26.5 0.02 66.7-60.25
60 Knitted or crocheted fabrics 1,373.9 0.84 2,959.0-53.57
61 Articles of apparel and clothing accessories, knitted or crocheted 517.2 0.32 205.0152.27
62 Articles of apparel and clothing accessories, not knitted or crocheted 582.2 0.36 139.5317.30
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 127.4 0.08 76.267.09
64 Footwear, gaiters and the like; parts of such articles 191.5 0.12 129.747.65
65 Headgear and parts thereof 46.8 0.03 28.464.58
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 138.9 0.08 136.61.67
69 Ceramic products 279.5 0.17 729.6-61.70
70 Glass and glassware 824.0 0.50 440.986.89
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 0.02 100.2-69.87
72 Iron and steel 58.1 0.04 98.3-40.90
73 Articles of iron or steel 656.5 0.40 1,372.1-52.16
74 Copper and articles thereof 462.3 0.28 34.91,224.75
75 Nickel and articles thereof 55.4 0.03 263.6-78.98
76 Aluminum and articles thereof 464.5 0.28 86.7435.55
80 Tin and articles thereof 0.0 0.00 8.2-100.00
81 Other base metals; cermets; articles thereof 37.8 0.02 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 876.4 0.54 304.0188.25
83 Miscellaneous articles of base metal 831.9 0.51 172.6382.05
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 17,276.0 10.57 22,346.3-22.69
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 31,281.7 19.14 23,820.631.32
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 5,683.0 3.48 3,456.164.43
88 Aircraft, spacecraft, and parts thereof 27,563.5 16.86 1,874.01,370.87
89 Ships, boats and floating structures 361.3 0.22 268.534.56
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 11,862.8 7.26 9,799.921.05
91 Clocks and watches and parts thereof 12.6 0.01 7.470.78
92 Musical instruments; parts and accessories of such articles 593.1 0.36 1,287.0-53.92
93 Arms and ammunition; parts and accessories thereof 654.7 0.40 49.61,220.95
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 2,433.7 1.49 941.9158.38
95 Toys, games and sports requisites; parts and accessories thereof 3,232.4 1.98 2,599.224.36
96 Miscellaneous manufactured articles 85.8 0.05 178.7-51.98
97 Works of art, collectors’ pieces and antiques 180.6 0.11 62.0191.08

US Imports from Latvia

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

  • Food products and agricultural raw materials (HS codes 01-24) - 35.04% of US total imports from Latvia (48.01% in the first half of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 33.67% of US total imports from Latvia (20.53% in the first half of 2016);
  • Wood and wood products (HS codes 44-49) - 5.94% of US total imports from Latvia (4.99% in the first half of 2016);
  • Mineral products (HS codes 25-27) - 4.83% of US total imports from Latvia (3.16% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 2.76% of US total imports from Latvia (1.02% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.38% of US total imports from Latvia (2.28% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 2.26% of US total imports from Latvia (10.15% in the first half of 2016).

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

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $13.6 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 $5.1 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $2.9 million;
  • 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 $2.4 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $1.6 million;
  • Articles of iron or steel (HS code 73) - an increase of $1.4 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $1.3 million.

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

  • Beverages, spirits and vinegar (HS code 22) - a decrease of $21.0 million;
  • Iron and steel (HS code 72) - a decrease of $15.4 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $1.8 million.
US imports from Latvia in the first half of 2017 by product groups
HS
code
Name of product group Value
of imports
in first-half 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
01 Live animals 0.0 0.00 25.2-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 395.2 0.23 2,227.1-82.26
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 231.1 0.13 523.1-55.81
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 39.3 0.02 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 2.9 0.00 0.0
09 Coffee, tea, maté and spices 56.4 0.03 0.0
11 Products of the milling industry; malt; starches; inulin; wheat gluten 335.6 0.19 147.4127.67
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 202.6 0.12 213.9-5.29
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 1,735.1 1.00 1,394.124.46
17 Sugars and sugar confectionery 0.0 0.00 7.7-100.00
18 Cocoa and cocoa preparations 24.4 0.01 193.5-87.41
19 Preparations of cereals, flour, starch or milk; bakers’ wares 357.6 0.21 371.3-3.69
20 Preparations of vegetables, fruit, nuts or other parts of plants 11.4 0.01 10.94.57
21 Miscellaneous edible preparations 0.0 0.00 6.7-100.00
22 Beverages, spirits and vinegar 57,409.6 33.08 78,375.0-26.75
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 179.2-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 8,384.1 4.83 5,515.552.01
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 26.4 0.02 3.3705.58
29 Organic chemicals 3,323.7 1.92 489.5579.05
30 Pharmaceutical products 66.7 0.04 86.8-23.13
31 Fertilizers 177.3 0.10 43.3309.91
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 15.5 0.01 64.3-75.80
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 20.1 0.01 145.2-86.16
35 Albuminoidal substances; modified starches; glues; enzymes 18.2 0.01 61.4-70.28
38 Miscellaneous chemical products 310.0 0.18 81.8278.70
39 Plastics and articles thereof 611.0 0.35 459.532.97
40 Rubber and articles thereof 226.3 0.13 343.1-34.03
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 57.0 0.03 3.11,722.46
43 Furskins and artificial fur; manufactures thereof 17.6 0.01 10.076.78
44 Wood and articles of wood; wood charcoal 10,153.3 5.85 8,517.119.21
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 158.9 0.09 177.6-10.53
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 2,122.4 1.22 1,755.820.88
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 12.5 0.01 1.7658.40
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 840.1 0.48 977.4-14.05
62 Articles of apparel and clothing accessories, not knitted or crocheted 655.0 0.38 743.8-11.94
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 310.7 0.18 273.813.45
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 178.1 0.10 138.228.82
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 24.3 0.01 5.3355.43
69 Ceramic products 0.0 0.00 3.2-100.00
70 Glass and glassware 7,826.4 4.51 8,013.8-2.34
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 435.1 0.25 16.42,555.70
72 Iron and steel 429.6 0.25 15,849.7-97.29
73 Articles of iron or steel 3,166.0 1.82 1,732.582.74
74 Copper and articles thereof 17.4 0.01 34.2-49.08
76 Aluminum and articles thereof 6.9 0.00 8.9-22.94
81 Other base metals; cermets; articles thereof 168.1 0.10 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 24.7 0.01 15.856.47
83 Miscellaneous articles of base metal 110.5 0.06 50.3119.94
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 25,575.6 14.74 11,957.2113.89
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 22,563.2 13.00 17,496.728.96
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 62.6 0.04 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,831.1 1.06 515.1255.50
88 Aircraft, spacecraft, and parts thereof 144.5 0.08 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 8,255.2 4.76 5,824.641.73
91 Clocks and watches and parts thereof 151.3 0.09 66.2128.47
92 Musical instruments; parts and accessories of such articles 222.1 0.13 8.72,442.42
93 Arms and ammunition; parts and accessories thereof 60.0 0.03 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 5,428.3 3.13 4,938.39.92
95 Toys, games and sports requisites; parts and accessories thereof 535.3 0.31 369.444.92
96 Miscellaneous manufactured articles 20.0 0.01 18.67.51
97 Works of art, collectors’ pieces and antiques 66.2 0.04 115.3-42.60
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce