Top Exports To LatviaTotal Exports To Latvia: $122,710,810
|Rank||Commodity||Total YTD Exports|
|1||Motor vehicles for transporting people||$14,246,012|
|2||Landline, cellular phone equipment||$5,585,672|
|3||Rum, gin, vodka, other liquors||$4,234,703|
|4||Parts for heavy machinery||$3,955,303|
|5||Almonds, walnuts, pistachios, hazelnuts, etc.||$2,766,010|
|6||Electronic integrated circuits||$2,613,972|
|7||Miscellaneous machine parts||$2,481,036|
|8||Make-up and skin-care products||$2,438,991|
|9||Yachts and other boats||$2,349,961|
Total Imports From LatviaTotal Imports From Latvia: $96,910,826
|1||Rum, gin, vodka, other liquors||$37,619,651|
|3||Glass fibers, glass yarn||$4,697,969|
|4||Landline, cellular phone equipment||$3,178,359|
|5||Synthetic filament yarn, not for retail||$2,860,542|
|7||TVs, TV equipment, camcorders, digital cameras||$1,940,554|
|8||Peat (Including Peat Litter), Incl Agglomrtd 2703||$1,819,836|
|10||Bookbinding Machinery, Incl Book-Sewing, Part 8440||$1,105,370|
Top Latvia Trading PartnersTotal Latvia trade: $219,621,636
|1||New York City||$67,997,451|
Top US Trading PartnersTotal U.S. trade for all countries: $1,240,094,299,613
|Rank||Commodity||Total YTD Exports|
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.