Trade in goods with USA SITC (Standard International Trade Classification)
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Latvia trade flows with USA by SITC*) product sections during 2021/3 - 2021/7

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2021/3
%
2021/4
%
2021/5
%
2021/6
%
2021/7
%
Export0.00.00.00.00.0
Import0.00.00.00.00.0
Trade in Goods0.00.00.00.00.0

USA's foreign trade with Latvia, exports to Latvia and imports from Latvia in Juli 2021


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In Juli Latvia was USA's 95. most important foreign trade partner. $88 million worth of trade was 9.9 per cent lower than in Juli of the previous year. In Juli the trade balance with Latvia was $37 million in deficit for United States of America.

The value of imports from Latvia decreased by 9.2 per cent compared to in Juli of the previous year, thus amounting to $62 million in Juli 2021. Major product categories of imports from Latvia were Sitc634 (veneers, plywood, particle board, and other wood, worked, n.e.s.), representing 32.9 percent of imports, Sitc112 (alcoholic beverages) 16.4 % and Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 8.1 % of the imports.

The value of exports to Latvia declined by 11.6 per cent compared to in Juli of the previous year, thus amounting to $25 million in Juli 2021. The largest product groups of exports were: Sitc112 (alcoholic beverages), which represented a share of 18.3 per cent of total exports, Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof) 7.5 % and Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars) 7.1 % of the exports.

Significant increase in trade in goods in early 2021

During January-Juli trade in goods with Latvia has grown slower than USA's trade in goods with the rest of the world. During this year trade in goods between countries was significantly higher than in January-Juli of the previous year. Growth was as high as 20.7609015393413 per cent and the value of the trade increased to $576 million. During January-Juli the value of imports was $353 million. The export value was $223 million. Compared to the corresponding period of the previous year, the value of imports increased by 14.3% and the value of exports by 32.6%. The largest product group in terms of imports has been Sitc112 (alcoholic beverages), worth $61 million. In export the largest value had Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof), worth being $49 million. From USA's point of view, the trade balance between the countries in January-Juli remained in deficit. The trade deficit was $130 million. The trade deficit narrowed compared to the corresponding period in 2020. At that time, the deficit was $140 million.


Table: USA's export to Latvia (LV) during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 1.1 3.8 1.9 6.8 1.10 5.0 2.1 7.0 2.2 8.7
01. Meat and meat preparations 0 0.0 0.3 0.8 0 0.0 0.7 2.1 0.5 1.7
05. Vegetables and fruit 0.1 0.3 0.1 0.3 0.6 1.3 0.1 0.3 0.8 2.8
09. Miscellaneous edible products and preparations 0.4 1.2 1.2 4.2 0.9 2.2 1.3 4.4 0.9 3.4
1. Beverages and tobacco 3.7 13.6 2.4 9.0 6.6 16.9 3.5 11.6 4.6 18.4
11. Beverages 3.7 13.6 2.4 9.0 6.6 16.9 3.5 11.6 4.6 18.4
5. Chemicals and related products,n.e.s. 2.4 8.8 2.5 9.2 4.6 11.7 2.7 8.9 2.5 9.9
54. Medicinal and pharmaceutical products 0.9 3.0 0.5 1.8 0.5 1.1 0.8 2.4 0.6 2.1
55. Perfume,cleaning etc.preparations 0.4 1.4 0.8 2.7 0.9 2.2 0.2 0.6 0.6 2.2
57. Plastics in primary forms 0.5 1.6 0.4 1.1 0.4 0.9 0.6 1.8 0.8 3.1
58. Plastics in non-primary forms 0.2 0.4 0.6 2.2 0.2 0.3 0.1 0.3 0.1 0.2
59. Chemical materials and products,n.e.s. 0.4 1.2 0.3 0.8 2.5 6.3 0.10 3.1 0.5 1.6
6. Basic manufactures 2.7 10.0 1.5 5.5 2.1 5.2 3.0 9.9 1.10 7.6
64. Paper,paperboard and articles thereof 0.7 2.6 0.4 1.1 0.1 0.2 0 0.0 0.1 0.2
65. Textile yarn,fabrics,made up articles,etc. 0.6 2.0 0.5 1.5 1.3 3.2 0.10 3.1 0.7 2.8
66. Non-metallic mineral manufactures,n.e.s. 0.6 1.9 0.4 1.3 0.2 0.4 1.5 4.9 0.4 1.3
69. Manufactures of metals,n.e.s. 0.6 2.2 0.4 1.3 0.5 1.3 0.5 1.6 0.6 2.2
7. Machinery,transport equipment 11.9 44.1 13.10 52.4 8.7 22.3 14.9 49.8 9.10 39.6
72. Machinery for specialized industries 1.2 4.2 0.5 1.7 0.2 0.3 1.2 4.0 0.7 2.5
74. General industrial machinery n.e.s. 0.5 1.6 1.5 5.5 1.1 2.8 1.4 4.5 0.10 3.7
75. Office machines and adp machines 0.6 2.0 0.7 2.5 1.2 2.9 0.5 1.6 1.1 4.3
76. Telecommunications and sound recording equipment 4.8 17.5 3.2 12.0 0.7 1.8 6.3 20.8 1.1 4.0
77. Electric machinery,n.e.s.and parts 1.9 6.8 3.9 14.6 3.1 7.8 2.1 6.7 2.1 8.3
78. Road vehicles 2.1 7.7 2.9 10.9 1.6 4.1 1.2 3.8 1.9 7.6
79. Other transport equipment 0.10 3.5 1.1 3.9 0.9 2.2 2.2 7.3 1.9 7.5
8. Miscellaneous manufactured articles 3.10 14.6 3.6 13.5 12.5 32.0 3.1 10.3 3.3 13.2
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.7 2.6 1.1 3.8 0.2 0.3 0.1 0.1 0.2 0.4
87. Instruments and apparates n.e.s. 1.8 6.4 1.5 5.4 1.6 3.9 1.8 5.9 1.9 7.4
88. Photographic equipment,optical goods etc. 0.5 1.6 0.4 1.2 0.5 1.1 0.4 1.1 0.6 2.1
89. Miscellaneous manufactured articles,n.e.s. 0.8 2.7 0.6 2.1 9.7 24.9 0.8 2.5 0.6 2.3
9. Goods not classified elsewhere 1.2 4.3 0.5 1.8 2.4 6.1 0.3 0.8 0.3 0.8
93. Special transactions and commodities not classified 1.0 3.7 0.4 1.2 2.1 5.4 0.1 0.2 0.1 0.2
0-9. All groups combined 26.10 100.0 26.6 100.0 38.9 100.0 29.9 100.0 25.1 100.0

Source: US Census Bureau

Table: Import from Latvia (LV) to USA during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 1.7 3.5 1.2 2.0 0.8 1.4 1.6 2.2 1.9 2.9
03. Fish and fish preparations 1.3 2.7 0.7 1.2 0.4 0.7 0.9 1.2 0.9 1.4
08. Feeding stuff for animals 0.1 0.0 0.2 0.2 0 0.0 0.7 0.9 0.7 1.0
1. Beverages and tobacco 6.5 13.8 11.5 19.0 8.9 16.1 9.4 13.5 10.3 16.4
11. Beverages 6.5 13.8 11.5 19.0 8.9 16.1 9.4 13.5 10.3 16.4
2. Crude materials,inedible,except fuels 3.10 8.4 4.10 8.2 5.2 9.3 9.1 13.0 5.4 8.6
24. Cork and wood 3.8 8.0 4.9 8.2 5.2 9.3 9.1 13.0 5.4 8.5
3. Mineral fuels etc 1.6 3.2 0.9 1.4 1.3 2.2 11.3 16.2 0.8 1.2
32. Coal,coke and briquettes 1.6 3.2 0.9 1.4 1.3 2.2 0.10 1.3 0.8 1.2
33. Petroleum and products 0 0.0 0 0.0 0 0.0 10.4 14.8 0 0.0
5. Chemicals and related products,n.e.s. 0.3 0.6 0.5 0.8 0.9 1.5 0.5 0.6 0.6 0.9
6. Basic manufactures 6.3 13.3 12.7 21.2 11.7 21.2 19.4 27.8 24.8 39.7
63. Wood and cork manufactures 3.0 6.3 8.3 13.8 8.5 15.3 15.9 22.8 21.0 33.5
65. Textile yarn,fabrics,made up articles,etc. 1.6 3.3 2.4 4.0 1.3 2.3 1.8 2.6 1.7 2.7
66. Non-metallic mineral manufactures,n.e.s. 0.4 0.7 0.8 1.3 1.0 1.8 0.5 0.7 1.1 1.8
69. Manufactures of metals,n.e.s. 1.4 2.8 0.9 1.5 0.10 1.7 0.10 1.3 1.0 1.6
7. Machinery,transport equipment 21.2 45.0 22.3 37.1 20.6 37.3 10.7 15.3 11.6 18.5
71. Power generating machinery and equipment 11.4 24.1 11.5 19.1 11.5 20.8 0.1 0.1 0.1 0.1
72. Machinery for specialized industries 0.6 1.2 1.1 1.8 0.7 1.2 1.0 1.4 1.5 2.3
74. General industrial machinery n.e.s. 1.8 3.7 1.7 2.8 1.3 2.3 2.3 3.2 2.4 3.7
76. Telecommunications and sound recording equipment 5.4 11.3 5.5 9.1 5.5 9.8 4.8 6.8 5.1 8.1
77. Electric machinery,n.e.s.and parts 1.7 3.5 1.4 2.3 1.4 2.4 1.10 2.8 2.0 3.2
78. Road vehicles 0.4 0.7 1.0 1.6 0.4 0.6 0.5 0.7 0.5 0.7
8. Miscellaneous manufactured articles 4.7 9.8 4.6 7.7 4.5 8.0 3.9 5.5 6.5 10.3
82. Furniture and parts thereof 1.4 2.9 0.8 1.3 1.1 1.9 1.3 1.9 1.1 1.7
87. Instruments and apparates n.e.s. 1.3 2.7 1.7 2.8 1.8 3.1 1.4 1.9 3.1 4.9
88. Photographic equipment,optical goods etc. 0.8 1.7 0.6 0.9 0.8 1.4 0.6 0.8 0.9 1.3
89. Miscellaneous manufactured articles,n.e.s. 0.9 1.8 1.5 2.5 0.7 1.2 0.4 0.5 0.10 1.5
9. Goods not classified elsewhere 1.2 2.4 1.6 2.6 1.7 2.9 4.1 5.9 1.0 1.5
93. Special transactions and commodities not classified 0.6 1.2 1.0 1.6 1.1 1.9 3.6 5.1 0.5 0.6
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 0.6 1.2 0.6 1.0 0.6 1.0 0.6 0.7 0.6 0.9
0-9. All groups combined 47.1 100.0 59.9 100.0 55.2 100.0 69.6 100.0 62.5 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - Juli (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - Juli (ATP)

USA's Trade in Goods Start Page