US trade with Latvia in the first nine months of 2017

Published or Updated: May 20, 2018

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

US Trade with Latvia

In the first nine months of 2017, US trade with Latvia totaled $644.1 million, up 44.87% ($199.5 million) from the first nine months of 2016.

US exports to Latvia in the first nine months of 2017 totaled $292.0 million, up 61.28% ($110.9 million) from the first nine months of 2016.

US imports from Latvia in the first nine months of 2017 totaled $352.1 million, up 33.60% ($88.5 million) from the first nine months of 2016.

US trade deficit with Latvia in the first nine months of 2017 was $60.1 million, a 27.17% decrease ($22.4 million) over the first nine months of 2016.

Latvia was the US 99th largest trading partner in the first nine months of 2017 (up from 107th in the first nine months of 2016), accounting for 0.0221% of US total trade (up from 0.0170% in the first nine months of 2016).

Latvia was the US 101st largest export market in the first nine months of 2017 (up from 116th in the first nine months of 2016), accounting for 0.0256% of US total exports (up from 0.0171% in the first nine months of 2016).

Latvia was the US 92nd largest supplier in the first nine months of 2017 (up from 94th in the first nine months of 2016), accounting for 0.0199% of US total imports (up from 0.0169% in the first nine months of 2016).

US Exports to Latvia

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 63.73% of US total exports to Latvia (53.03% in the first nine months of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 16.57% of US total exports to Latvia (20.35% in the first nine months of 2016);
  • Chemical products (HS codes 28-40) - 8.46% of US total exports to Latvia (11.26% in the first nine months of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.62% of US total exports to Latvia (3.27% in the first nine months of 2016);
  • Metals and products from them (HS codes 72-83) - 1.58% of US total exports to Latvia (2.74% in the first nine months of 2016);
  • Mineral products (HS codes 25-27) - 1.22% of US total exports to Latvia (0.84% in the first nine months of 2016).

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

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $82.6 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 $9.9 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $8.0 million;
  • Miscellaneous edible preparations (HS code 21) - an increase of $3.3 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $3.3 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $2.9 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - 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;
  • 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 $1.3 million;
  • Ores, slag and ash (HS code 26) - an increase of $1.3 million;
  • Pharmaceutical products (HS code 30) - an increase of $1.0 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 $0.9 million.

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

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $6.8 million;
  • Knitted or crocheted fabrics (HS code 60) - a decrease of $2.6 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $2.5 million;
  • Articles of iron or steel (HS code 73) - a decrease of $2.0 million.
US exports to Latvia in the first nine months of 2017 by product groups
HS
code
Name of product group Value
of exports
in first 9 months 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first 9 months 2016
(USD thousand)
Change
in first 9 months 2017
over first 9 months 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 236.0 0.08 2.59,237.36
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 356.8 0.12 202.476.27
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 589.0 0.20 27.22,062.91
08 Edible fruit and nuts; peel of citrus fruit or melons 2,282.5 0.78 2,152.46.04
09 Coffee, tea, maté and spices 284.5 0.10 6.94,016.83
10 Cereals 65.9 0.02 43.950.17
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 552.7 0.19 574.9-3.85
13 Lac; gums, resins and other vegetable saps and extracts 81.1 0.03 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 7.0 0.00 494.0-98.58
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 232.8 0.08 0.0
17 Sugars and sugar confectionery 617.8 0.21 673.0-8.20
18 Cocoa and cocoa preparations 149.6 0.05 225.2-33.55
19 Preparations of cereals, flour, starch or milk; bakers’ wares 867.6 0.30 683.826.88
20 Preparations of vegetables, fruit, nuts or other parts of plants 456.3 0.16 507.6-10.11
21 Miscellaneous edible preparations 10,997.9 3.77 7,685.443.10
22 Beverages, spirits and vinegar 30,177.0 10.33 22,218.135.82
23 Residues and waste from the food industries; prepared animal feed 381.0 0.13 400.6-4.91
24 Tobacco and manufactured tobacco substitutes 35.7 0.01 908.3-96.07
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 914.9 0.31 632.544.66
26 Ores, slag and ash 1,382.8 0.47 55.02,415.20
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,259.9 0.43 832.951.26
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 1,308.8 0.45 373.6250.30
29 Organic chemicals 1,101.1 0.38 1,084.01.57
30 Pharmaceutical products 1,641.0 0.56 613.4167.54
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,425.0 0.49 1,547.0-7.89
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 3,528.2 1.21 2,654.732.91
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 1,036.3 0.35 508.1103.98
35 Albuminoidal substances; modified starches; glues; enzymes 151.2 0.05 220.7-31.49
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 22.1 0.01 23.1-4.66
37 Photographic or cinematographic goods 22.8 0.01 104.1-78.10
38 Miscellaneous chemical products 7,569.2 2.59 4,673.961.94
39 Plastics and articles thereof 5,535.3 1.90 7,991.4-30.73
40 Rubber and articles thereof 1,360.5 0.47 595.9128.31
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) 252.8 0.09 228.810.50
44 Wood and articles of wood; wood charcoal 401.5 0.14 477.7-15.95
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 0.09 17.51,429.58
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,191.0 0.41 905.231.58
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 105.5 0.04 61.870.87
50 Silk 13.2 0.00 0.0
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0.0 0.00 8.6-100.00
52 Cotton 14.4 0.00 89.5-83.90
54 Man-made filaments 22.1 0.01 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 28.3-100.00
57 Carpets and other textile floor coverings 356.6 0.12 234.651.99
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 156.4 0.05 110.841.10
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 75.3 0.03 140.2-46.28
60 Knitted or crocheted fabrics 1,603.0 0.55 4,171.3-61.57
61 Articles of apparel and clothing accessories, knitted or crocheted 807.3 0.28 310.9159.68
62 Articles of apparel and clothing accessories, not knitted or crocheted 679.3 0.23 289.2134.86
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 309.0 0.11 229.834.46
64 Footwear, gaiters and the like; parts of such articles 624.2 0.21 206.0203.04
65 Headgear and parts thereof 56.0 0.02 104.6-46.43
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.0 0.00 3.0-100.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 5.0 0.00 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 161.6 0.06 185.7-12.95
69 Ceramic products 464.5 0.16 978.3-52.52
70 Glass and glassware 1,397.3 0.48 682.0104.87
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 134.7 0.05 156.9-14.15
72 Iron and steel 85.7 0.03 155.2-44.82
73 Articles of iron or steel 1,021.9 0.35 3,028.7-66.26
74 Copper and articles thereof 632.7 0.22 42.11,403.76
75 Nickel and articles thereof 77.0 0.03 299.1-74.27
76 Aluminum and articles thereof 509.4 0.17 201.9152.29
80 Tin and articles thereof 0.0 0.00 8.2-100.00
81 Other base metals; cermets; articles thereof 37.8 0.01 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,246.2 0.43 627.498.62
83 Miscellaneous articles of base metal 1,004.8 0.34 601.567.04
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 28,193.4 9.66 34,946.7-19.32
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 46,906.5 16.06 37,002.726.77
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 10.0 0.00 9.73.42
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 7,286.3 2.50 5,128.442.08
88 Aircraft, spacecraft, and parts thereof 86,361.4 29.58 3,804.92,169.75
89 Ships, boats and floating structures 379.1 0.13 283.433.76
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 16,955.4 5.81 14,842.514.24
91 Clocks and watches and parts thereof 12.6 0.00 7.470.78
92 Musical instruments; parts and accessories of such articles 1,046.7 0.36 1,539.6-32.02
93 Arms and ammunition; parts and accessories thereof 684.4 0.23 273.1150.60
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 3,609.7 1.24 2,269.859.04
95 Toys, games and sports requisites; parts and accessories thereof 4,263.9 1.46 4,786.9-10.93
96 Miscellaneous manufactured articles 168.0 0.06 255.6-34.27
97 Works of art, collectors’ pieces and antiques 260.7 0.09 381.0-31.59
99 Commodities not specified according to kind 5,477.6 1.88 2,178.1151.49

US Imports from Latvia

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 47.07% of US total imports from Latvia (21.67% in the first nine months of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 29.09% of US total imports from Latvia (49.07% in the first nine months of 2016);
  • Wood and wood products (HS codes 44-49) - 4.46% of US total imports from Latvia (5.46% in the first nine months of 2016);
  • Mineral products (HS codes 25-27) - 3.10% of US total imports from Latvia (2.91% in the first nine months of 2016);
  • Chemical products (HS codes 28-40) - 2.58% of US total imports from Latvia (0.91% in the first nine months of 2016);
  • Metals and products from them (HS codes 72-83) - 2.31% of US total imports from Latvia (6.97% in the first nine months of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.06% of US total imports from Latvia (2.55% in the first nine months of 2016).

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

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $94.7 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 $8.9 million;
  • Organic chemicals (HS code 29) - an increase of $6.3 million;
  • Articles of iron or steel (HS code 73) - an increase of $5.0 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $4.6 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $3.2 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $2.8 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $1.9 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $1.6 million.

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

  • Beverages, spirits and vinegar (HS code 22) - a decrease of $24.2 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 $3.1 million.
US imports from Latvia in the first nine months of 2017 by product groups
HS
code
Name of product group Value
of imports
in first 9 months 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first 9 months 2016
(USD thousand)
Change
in first 9 months 2017
over first 9 months 2016
(%)
01 Live animals 13.1 0.00 25.2-48.03
03 Fish and crustaceans, molluscs and other aquatic invertebrates 928.7 0.26 4,026.3-76.93
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 310.5 0.09 584.8-46.91
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 0.01 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 6.2 0.00 17.6-64.53
09 Coffee, tea, maté and spices 56.4 0.02 0.0
11 Products of the milling industry; malt; starches; inulin; wheat gluten 559.9 0.16 280.899.38
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 236.2 0.07 213.910.44
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 110.0 0.03 4.92,159.39
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 2,325.2 0.66 1,868.224.46
17 Sugars and sugar confectionery 0.0 0.00 7.7-100.00
18 Cocoa and cocoa preparations 265.1 0.08 285.0-6.97
19 Preparations of cereals, flour, starch or milk; bakers’ wares 529.9 0.15 542.8-2.37
20 Preparations of vegetables, fruit, nuts or other parts of plants 59.2 0.02 18.1226.87
21 Miscellaneous edible preparations 6.7 0.00 11.0-38.72
22 Beverages, spirits and vinegar 96,958.7 27.54 121,204.5-20.00
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 213.0-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 10,909.9 3.10 7,679.242.07
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 40.4 0.01 15.4162.82
29 Organic chemicals 6,992.5 1.99 648.3978.54
30 Pharmaceutical products 66.7 0.02 103.0-35.22
31 Fertilizers 177.3 0.05 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 28.6 0.01 70.7-59.57
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 25.1 0.01 177.3-85.84
35 Albuminoidal substances; modified starches; glues; enzymes 45.7 0.01 78.3-41.63
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 5.0 0.00 0.0
38 Miscellaneous chemical products 364.8 0.10 153.4137.85
39 Plastics and articles thereof 923.0 0.26 676.936.36
40 Rubber and articles thereof 408.9 0.12 415.3-1.53
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 85.7 0.02 8.1953.30
43 Furskins and artificial fur; manufactures thereof 22.9 0.01 11.4100.93
44 Wood and articles of wood; wood charcoal 15,425.9 4.38 13,868.811.23
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 47.6 0.01 42.910.86
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 231.7 0.07 475.9-51.30
52 Cotton 1.8 0.00 0.0
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 65.9 0.02 0.97,344.52
54 Man-made filaments 3,635.3 1.03 2,644.337.47
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 146.3 0.04 1.78,746.25
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 2.9 0.00 2.233.46
61 Articles of apparel and clothing accessories, knitted or crocheted 1,437.3 0.41 2,077.7-30.82
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,214.9 0.35 1,349.8-9.99
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 472.1 0.13 398.718.41
64 Footwear, gaiters and the like; parts of such articles 9.4 0.00 4.4114.98
65 Headgear and parts thereof 2.6 0.00 1.849.04
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 248.5 0.07 145.570.75
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 38.1 0.01 18.2109.74
69 Ceramic products 0.0 0.00 3.2-100.00
70 Glass and glassware 12,690.3 3.60 13,195.9-3.83
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 0.12 18.42,262.69
72 Iron and steel 429.6 0.12 15,849.7-97.29
73 Articles of iron or steel 7,249.2 2.06 2,291.3216.39
74 Copper and articles thereof 17.4 0.00 44.9-61.20
76 Aluminum and articles thereof 20.1 0.01 15.727.87
79 Zinc and articles thereof 0.0 0.00 6.9-100.00
81 Other base metals; cermets; articles thereof 185.7 0.05 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 70.3 0.02 15.8345.99
83 Miscellaneous articles of base metal 162.4 0.05 142.014.40
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 112,974.6 32.09 18,235.3519.54
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 37,347.9 10.61 28,438.531.33
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 0.02 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,551.1 0.72 647.0294.29
88 Aircraft, spacecraft, and parts thereof 146.9 0.04 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 12,628.9 3.59 9,781.529.11
91 Clocks and watches and parts thereof 316.4 0.09 360.9-12.34
92 Musical instruments; parts and accessories of such articles 371.1 0.11 84.3340.08
93 Arms and ammunition; parts and accessories thereof 60.0 0.02 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 7,818.6 2.22 7,000.011.69
95 Toys, games and sports requisites; parts and accessories thereof 834.8 0.24 1,030.1-18.96
96 Miscellaneous manufactured articles 20.0 0.01 21.3-6.00
97 Works of art, collectors’ pieces and antiques 99.1 0.03 356.3-72.19
99 Commodities not specified according to kind 10,081.1 2.86 5,473.484.18
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce