Trade in goods with USA SITC (Standard International Trade Classification)
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Latvia trade flows with USA by SITC*) product sections during 2020/12 - 2021/4

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


Share of USA's2020/12
%
2021/1
%
2021/2
%
2021/3
%
2021/4
%
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 April 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 April Latvia was USA's 95. largest foreign trade partner. Decrease from the previous month was 4 places. Amounting trade to worth of $86 million was 57.9 per cent bigger than in April of the previous year. In April the trade balance with Latvia was $33 million in deficit for United States of America.

The value of imports from Latvia was 82.7 per cent higher than in April of the previous year, thus amounting to $60 million. Major product categories of imports from Latvia were Sitc112 (alcoholic beverages), representing 19.0 percent of imports, Sitc714 (engines and motors, non-electric (other than those of groups 712, 713 and 718); parts, n.e.s., of these engines and motors) 18.9 % and Sitc634 (veneers, plywood, particle board, and other wood, worked, n.e.s.) 12.3 % of the imports.

The value of exports to Latvia were 21.0 percent higher than in April of the previous year, thus amounting to $27 million. The largest product groups of exports were: Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76), which represented a share of 11.8 per cent of total exports, Sitc776 (thermionic, cold cathode or photo-cathode valves and tubes (e.g., vacuum or vapour or gas-filled valves and tubes, mercury arc rectifying valves and tubes, cathode-ray tubes, television camera tubes); diodes, transistors and similar semiconductor dev) 11.5 % 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) 9.3 % of the exports.

Development during January-April 2021

During January-April trade in goods with Latvia has grown slower than USA's trade in goods with the rest of the world. During January-April, the value of trade in goods between the two countries rose to $295 million. Growth compared to the corresponding period of the previous year was 8.1 percent. During January-April the value of imports was $166 million. The export value was $130 million. Compared to the corresponding period January - April in 2020, the value of imports during this period decreased by 6.0 %. The largest product group in terms of imports has been Sitc112 (alcoholic beverages), worth $32 million. In export the largest value had Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof), worth being $44 million. The value of exports during this period increased by 33.9 %. From USA's point of view, the trade balance between the countries in January-April remained in deficit. The trade deficit was $36 million. The trade deficit narrowed compared to the corresponding period in 2020. At that time, the deficit was $80 million.


Table: USA's export to Latvia (LV) during 2020/12 - 2021/4

2020 / 122021 / 12021 / 22021 / 32021 / 4
million $%million $%million $%million $%million $%
0. Food and live animals 2.4 11.0 1.5 2.5 1.5 7.5 1.1 3.8 1.9 6.8
05. Vegetables and fruit 0.6 2.7 0.6 1.0 0.3 1.3 0.1 0.3 0.1 0.3
09. Miscellaneous edible products and preparations 1.5 7.0 0.4 0.7 0.8 3.9 0.4 1.2 1.2 4.2
1. Beverages and tobacco 2.8 13.0 2.2 3.9 2.8 14.1 3.7 13.6 2.4 9.0
11. Beverages 2.7 12.8 2.2 3.9 2.8 14.1 3.7 13.6 2.4 9.0
5. Chemicals and related products,n.e.s. 1.3 6.1 1.6 2.7 1.8 9.2 2.4 8.8 2.5 9.2
54. Medicinal and pharmaceutical products 0.3 1.3 0.2 0.2 0.6 2.6 0.9 3.0 0.5 1.8
55. Perfume,cleaning etc.preparations 0.4 1.6 0.4 0.6 0.4 1.8 0.4 1.4 0.8 2.7
57. Plastics in primary forms 0.2 0.7 0.6 1.1 0.3 1.2 0.5 1.6 0.4 1.1
58. Plastics in non-primary forms 0.1 0.2 0.2 0.2 0.1 0.4 0.2 0.4 0.6 2.2
6. Basic manufactures 1.4 6.6 1.9 3.3 1.5 7.4 2.7 10.0 1.5 5.5
64. Paper,paperboard and articles thereof 0.1 0.4 0.1 0.0 0.1 0.3 0.7 2.6 0.4 1.1
65. Textile yarn,fabrics,made up articles,etc. 0.6 2.8 0.9 1.5 0.6 2.9 0.6 2.0 0.5 1.5
66. Non-metallic mineral manufactures,n.e.s. 0.4 1.8 0.6 0.9 0.2 0.9 0.6 1.9 0.4 1.3
69. Manufactures of metals,n.e.s. 0.3 1.3 0.3 0.5 0.6 2.8 0.6 2.2 0.4 1.3
7. Machinery,transport equipment 8.7 41.2 46.0 81.3 8.1 41.1 11.9 44.1 13.10 52.4
72. Machinery for specialized industries 2.0 9.3 0.7 1.2 0.4 1.6 1.2 4.2 0.5 1.7
74. General industrial machinery n.e.s. 0.10 4.5 0.5 0.9 0.4 2.0 0.5 1.6 1.5 5.5
75. Office machines and adp machines 0.3 1.2 0.2 0.2 0.5 2.2 0.6 2.0 0.7 2.5
76. Telecommunications and sound recording equipment 1.0 4.6 2.2 3.7 1.8 9.2 4.8 17.5 3.2 12.0
77. Electric machinery,n.e.s.and parts 3.2 14.9 2.2 3.9 0.7 3.2 1.9 6.8 3.9 14.6
78. Road vehicles 0.8 3.5 0.10 1.6 1.3 6.6 2.1 7.7 2.9 10.9
79. Other transport equipment 0.7 3.0 39.4 69.7 2.9 14.4 0.10 3.5 1.1 3.9
8. Miscellaneous manufactured articles 3.5 16.5 2.9 5.0 3.4 17.0 3.10 14.6 3.6 13.5
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.2 0.5 0.1 0.1 0.6 3.0 0.7 2.6 1.1 3.8
87. Instruments and apparates n.e.s. 1.3 5.8 1.6 2.8 1.2 6.1 1.8 6.4 1.5 5.4
88. Photographic equipment,optical goods etc. 0.6 2.8 0.6 0.9 0.6 2.9 0.5 1.6 0.4 1.2
89. Miscellaneous manufactured articles,n.e.s. 1.2 5.6 0.4 0.7 0.7 3.2 0.8 2.7 0.6 2.1
9. Goods not classified elsewhere 0.8 3.7 0.6 1.0 0.3 1.5 1.2 4.3 0.5 1.8
93. Special transactions and commodities not classified 0.7 3.1 0.3 0.5 0.2 0.9 1.0 3.7 0.4 1.2
0-9. All groups combined 20.10 100.0 56.6 100.0 19.5 100.0 26.10 100.0 26.6 100.0

Source: US Census Bureau

Table: Import from Latvia (LV) to USA during 2020/12 - 2021/4

2020 / 122021 / 12021 / 22021 / 32021 / 4
million $%million $%million $%million $%million $%
0. Food and live animals 1.1 3.3 0.9 2.6 0.8 3.0 1.7 3.5 1.2 2.0
03. Fish and fish preparations 0.8 2.4 0.7 2.0 0.7 2.6 1.3 2.7 0.7 1.2
1. Beverages and tobacco 10.3 31.5 11.1 32.4 3.4 13.6 6.5 13.8 11.5 19.0
11. Beverages 10.3 31.5 11.1 32.4 3.4 13.6 6.5 13.8 11.5 19.0
2. Crude materials,inedible,except fuels 3.1 9.4 2.7 7.6 1.9 7.4 3.10 8.4 4.10 8.2
24. Cork and wood 3.1 9.2 2.7 7.6 1.7 6.9 3.8 8.0 4.9 8.2
3. Mineral fuels etc 0.10 2.8 0.9 2.5 1.0 4.0 1.6 3.2 0.9 1.4
32. Coal,coke and briquettes 0.10 2.8 0.9 2.5 1.0 4.0 1.6 3.2 0.9 1.4
5. Chemicals and related products,n.e.s. 0.5 1.4 0.5 1.3 0.7 2.6 0.3 0.6 0.5 0.8
6. Basic manufactures 3.7 11.3 5.6 16.3 6.3 25.4 6.3 13.3 12.7 21.2
63. Wood and cork manufactures 1.2 3.5 2.2 6.4 4.1 16.3 3.0 6.3 8.3 13.8
65. Textile yarn,fabrics,made up articles,etc. 0.9 2.7 1.7 5.0 1.3 5.0 1.6 3.3 2.4 4.0
66. Non-metallic mineral manufactures,n.e.s. 0.4 1.0 0.6 1.5 0.2 0.5 0.4 0.7 0.8 1.3
69. Manufactures of metals,n.e.s. 1.2 3.6 0.10 2.7 0.9 3.3 1.4 2.8 0.9 1.5
7. Machinery,transport equipment 8.2 24.8 7.7 22.5 6.8 27.3 21.2 45.0 22.3 37.1
71. Power generating machinery and equipment 0.2 0.4 0.1 0.0 0.1 0.4 11.4 24.1 11.5 19.1
72. Machinery for specialized industries 0.4 1.2 0.7 1.9 0.3 0.8 0.6 1.2 1.1 1.8
74. General industrial machinery n.e.s. 2.0 6.0 1.9 5.3 1.1 4.4 1.8 3.7 1.7 2.8
76. Telecommunications and sound recording equipment 3.6 10.9 3.8 11.0 3.5 13.8 5.4 11.3 5.5 9.1
77. Electric machinery,n.e.s.and parts 1.2 3.4 0.10 2.7 1.5 5.8 1.7 3.5 1.4 2.3
78. Road vehicles 0.8 2.3 0.4 1.1 0.4 1.5 0.4 0.7 1.0 1.6
8. Miscellaneous manufactured articles 4.5 13.8 4.0 11.6 3.5 13.9 4.7 9.8 4.6 7.7
82. Furniture and parts thereof 0.10 2.8 0.9 2.5 0.8 3.2 1.4 2.9 0.8 1.3
87. Instruments and apparates n.e.s. 1.4 4.3 1.3 3.5 1.2 4.6 1.3 2.7 1.7 2.8
88. Photographic equipment,optical goods etc. 0.8 2.3 1.2 3.2 0.7 2.8 0.8 1.7 0.6 0.9
89. Miscellaneous manufactured articles,n.e.s. 1.3 3.9 0.7 2.0 0.7 2.7 0.9 1.8 1.5 2.5
9. Goods not classified elsewhere 0.6 1.8 1.2 3.3 0.7 2.8 1.2 2.4 1.6 2.6
93. Special transactions and commodities not classified 0.2 0.4 0.8 2.1 0.3 1.1 0.6 1.2 1.0 1.6
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 0.5 1.3 0.5 1.2 0.5 1.7 0.6 1.2 0.6 1.0
0-9. All groups combined 32.7 100.0 34.2 100.0 24.8 100.0 47.1 100.0 59.9 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - April (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - April (ATP)

USA's Trade in Goods Start Page