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April 2013

Top Exports To Latvia

Total Exports To Latvia: $122,710,810
RankCommodityTotal YTD Exports
1Motor vehicles for transporting people $14,246,012
2Landline, cellular phone equipment $5,585,672
3Rum, gin, vodka, other liquors $4,234,703
4Parts for heavy machinery $3,955,303
5Almonds, walnuts, pistachios, hazelnuts, etc. $2,766,010
6Electronic integrated circuits $2,613,972
7Miscellaneous machine parts $2,481,036
8Make-up and skin-care products $2,438,991
9Yachts and other boats $2,349,961
10Wine $2,296,559

Total Imports From Latvia

Total Imports From Latvia: $96,910,826
RankCommodityTotal YTD
1Rum, gin, vodka, other liquors $37,619,651
2Ammonia $21,815,111
3Glass fibers, glass yarn $4,697,969
4Landline, cellular phone equipment $3,178,359
5Synthetic filament yarn, not for retail $2,860,542
6Furniture, parts $2,593,379
7TVs, TV equipment, camcorders, digital cameras $1,940,554
8Peat (Including Peat Litter), Incl Agglomrtd 2703 $1,819,836
9Optical fibers $1,596,679
10Bookbinding Machinery, Incl Book-Sewing, Part 8440 $1,105,370
April 2013

Top Latvia Trading Partners

Total Latvia trade: $219,621,636
RankDistrictTotal YTD
1New York City $67,997,451
2Baltimore $23,747,948
3Mobile $15,286,289
4Miami $12,446,302
5Houston $11,573,649
6Norfolk $11,530,830
7Charleston $11,240,479
8San Francisco $8,542,446
9Jacksonville/Tampa $8,131,834
10Los Angeles $7,692,041

Top US Trading Partners

Total U.S. trade for all countries: $1,240,094,299,613
Rank Commodity Total YTD Exports
1 CANADA $208,978,587,734
2 CHINA $167,425,009,162
3 MEXICO $164,532,690,124
4 JAPAN $67,112,714,884
5 GERMANY $51,552,541,119
6 SOUTH KOREA $34,229,534,716
7 UNITED KINGDOM $32,584,296,233
8 FRANCE $24,202,553,636
9 BRAZIL $21,977,714,927
10 SAUDI ARABIA $20,869,108,860

Latvia’s trade rose to $219,621,636 through April

Latvia’s trade with the United States rose to $219,621,636 through the first four months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -19.71 percent below its total trade during the same time period last year. Latvia’s exports decreased -37.88 percent while imports rose 27.49 percent. The U.S. surplus with Latvia was $25,799,984.

Through April, Latvia’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Baltimore, No. 3 Mobile, No. 4 Miami and No. 5 Houston compared to last year when the top spots were held by No. 1 Norfolk/Mobile/Charleston, No. 2 New York City, No. 3 Atlanta/Savannah, No. 4 Baltimore and No. 5 Houston. In the current time period, the top five accounted for 67.58 percent of Latvia’s U.S. trade.. That compares to 108.74 percent for the nation’s top five Customs districts during the same time period.

Taking a closer look at the leading U.S. gateways for U.S. trade with Latvia,:

  • Trade with No. 1 New York City rose 23.42 percent to $67,997,451.
    Exports rose 30.83 percent to $50,726,015. Imports rose 5.82 percent to $17,271,436.
  • Trade with No. 2 Baltimore fell -11.90 percent to $23,747,948.
    Exports fell -66.58 percent to $1,009,692. Imports fell -5.00 percent to $22,738,256.
  • Trade with No. 3 Mobile rose 4,084.34 percent to $15,286,289.
    Exports fell -75.60 percent to $4,900. Imports rose 4,326.28 percent to $15,281,389.
  • Trade with No. 4 Miami rose 39.99 percent to $12,446,302.
    Exports fell -25.28 percent to $2,240,038. Imports rose 73.18 percent to $10,206,264.
  • Trade with No. 5 Houston fell -6.68 percent to $11,573,649.
    Exports fell -2.52 percent to $9,175,575. Imports fell -19.78 percent to $2,398,074.

Through April, 22 Customs districts posted trade surpluses with Latvia while 16 had deficits. That compares with 24 surpluses and 12 deficits for the same period one year ago. The top surplus was with New York City at $33,454,579, the largest deficit was with Baltimore at $-21,728,564.

Meanwhile, total U.S. trade with the world decreased to $1,240,094,299,613, down -0.88 percent compared to the same period last year. The nation’s exports climbed 0.32 percent to $4,038,186,093; imports dropped -1.20 percent to $-15,017,653,007. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit climbed $-214,073,880,779, down compared to the same period of last year when the deficit was $-233,129,719,879.

The top five U.S. exports to Latvia by value through April were motor vehicles for transporting people; landline, cellular phone equipment; rum, gin, vodka, other liquors; parts for heavy machinery; and almonds, walnuts, pistachios, hazelnuts, etc., respectively. They accounted for 25.09 percent of total exports to Latvia.

The value of the top five U.S. imports from Latvia -- rum, gin, vodka, other liquors; ammonia; glass fibers, glass yarn; landline, cellular phone equipment; and synthetic filament yarn, not for retail -- accounted for 72.41 percent of all inbound shipments.

Looking more closely at U.S. exports to Latvia:

  • Motor vehicles for transporting people rose 57.79 percent compared to last year to $14,246,012.
  • Landline, cellular phone equipment rose 68.03 percent compared to last year to $5,585,672.
  • Rum, gin, vodka, other liquors rose 7.64 percent compared to last year to $4,234,703.
  • Parts for heavy machinery fell -64.77 percent compared to last year to $3,955,303.
  • Almonds, walnuts, pistachios, hazelnuts, etc. rose 94.58 percent compared to last year to $2,766,010.

Looking more closely at U.S. imports from Latvia

  • Rum, gin, vodka, other liquors fell -11.14 percent compared to last year to $37,619,651.
  • Ammonia rose compared to last year to $21,815,111.
  • Glass fibers, glass yarn rose 16.30 percent compared to last year to $4,697,969.
  • Landline, cellular phone equipment rose 148.92 percent compared to last year to $3,178,359.
  • Synthetic filament yarn, not for retail rose 12.64 percent compared to last year to $2,860,542.

In the latest annual figures available, Latvia recorded $273,551,282 in trade with the United States. At year’s end, its top five Customs districts were New York City, Norfolk/Mobile/Charleston, Baltimore, Atlanta/Savannah and Houston. Total U.S. exports to Latvia were $514,593,983 and imports from Latvia were $245,127,272. The U.S. surplus with Latvia was $269,466,711.

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