| March 2012 |
Total Exports To Latvia
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Coal, briquettes | $53,501,827 |
2 | Soybean oilcake, other solid residue, not ground | $19,983,961 |
3 | Parts for heavy machinery | $10,694,478 |
4 | Motor vehicles for transporting people | $6,731,815 |
5 | Calendering machines, parts | $5,935,029 |
6 | Poultry, fresh, chilled or frozen | $5,209,547 |
7 | Rum, gin, vodka, other liquors | $3,336,310 |
8 | Landline, cellular phone equipment | $3,235,421 |
9 | Computers | $2,064,010 |
10 | Medical equipment for physicals | $1,703,572 |
Total Imports From Latvia
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Rum, gin, vodka, other liquors | $30,646,855 |
2 | Glass fibers, glass yarn | $3,005,189 |
3 | Synthetic filament yarn, not for retail | $2,244,903 |
4 | Computer parts | $1,998,035 |
5 | Peat (Including Peat Litter), Incl Agglomrtd 2703 | $1,781,479 |
6 | Furniture, parts | $1,664,808 |
7 | Landline, cellular phone equipment | $972,953 |
8 | Optical fibers | $913,728 |
9 | Parts for cellular communications | $708,887 |
10 | Bookbinding Machinery, Incl Book-Sewing, Part 8440 | $678,882 |
| March 2012 |
Top Latvia Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Norfolk/Mobile/Charleston | $53,501,827 |
2 | New York City | $39,268,307 |
3 | Atlanta/Savannah | $30,479,886 |
4 | Baltimore | $19,810,484 |
5 | Houston | $10,367,739 |
6 | Los Angeles | $10,152,730 |
7 | Charleston | $7,198,558 |
8 | Miami | $6,362,518 |
9 | Jacksonville/Tampa | $5,452,936 |
10 | New Orleans | $5,101,352 |
Top US Trading Partners
| Rank | Country | Total YTD |
|---|---|---|
1 | CANADA | $153,987,495,076 |
2 | MEXICO | $122,398,351,478 |
3 | CHINA | $120,983,448,879 |
4 | JAPAN | $54,762,867,594 |
5 | GERMANY | $38,277,050,668 |
6 | UNITED KINGDOM | $28,840,373,748 |
7 | SOUTH KOREA | $25,150,256,689 |
8 | BRAZIL | $19,088,773,913 |
9 | SAUDI ARABIA | $18,638,133,172 |
10 | FRANCE | $17,857,130,070 |
Latvia’s trade rose to $218,353,397 through March
Latvia’s trade with the United States rose to $218,353,397 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.26 percent above its total trade during the same time period last year. Latvia’s exports increased 18.84 percent while imports dropped -29.13 percent. The U.S. surplus with Latvia was $106,322,647.
Through March, Latvia’s top U.S. Customs districts for total imports and exports were No. 1 Norfolk/Mobile/Charleston, No. 2 New York City, No. 3 Atlanta/Savannah, No. 4 Baltimore and No. 5 Houston compared to last year when the top spots were held by No. 1 New York City, No. 2 New Orleans, No. 3 Baltimore, No. 4 Los Angeles and No. 5 Houston. In the current time period, the top five accounted for 42.32 percent of Latvia’s U.S. trade.. That compares to 40.54 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 Norfolk/mobile/charleston rose 752.52 percent to $53,501,827.
Exports rose 752.52 percent to $53,501,827. Imports fell to $0. - Trade with No. 2 New York City fell -36.73 percent to $39,268,307.
Exports fell -46.50 percent to $27,314,111. Imports rose 8.58 percent to $11,954,196. - Trade with No. 3 Atlanta/savannah rose 405.87 percent to $30,479,886.
Exports rose 480.90 percent to $28,639,496. Imports rose 68.06 percent to $1,840,390. - Trade with No. 4 Baltimore rose 5.07 percent to $19,810,484.
Exports fell -6.84 percent to $2,473,928. Imports rose 7.02 percent to $17,336,556. - Trade with No. 5 Houston fell -12.43 percent to $10,367,739.
Exports fell -18.66 percent to $8,080,790. Imports rose 20.08 percent to $2,286,949.
Through March, 24 Customs districts posted trade surpluses with Latvia while 12 had deficits. That compares with 21 surpluses and 12 deficits for the same period one year ago. The top surplus was with Norfolk/Mobile/Charleston at $53,501,827, the largest deficit was with Baltimore at $-14,862,628.
Meanwhile, total U.S. trade with the world increased to $934,379,177,983, up 8.63 percent compared to the same period last year. The nation’s exports climbed 3.54 percent to $30,467,217,700; imports rose 5.09 percent to $43,800,507,934. The nation’s top five countries so far this year, by value, are Canada, Mexico, China, Japan and Germany. The overall trade deficit was $-171,264,242,143, up compared to the same period of last year when the deficit was $-157,930,951,909.
The top five U.S. exports to Latvia by value through March were coal, briquettes; soybean oilcake, other solid residue, not ground; parts for heavy machinery; motor vehicles for transporting people; and calendering machines, parts, respectively. They accounted for 59.66 percent of total exports to Latvia.
The value of the top five U.S. imports from Latvia -- rum, gin, vodka, other liquors; glass fibers, glass yarn; synthetic filament yarn, not for retail; computer parts; and peat (including peat litter), incl agglomrtd 2703 -- accounted for 70.83 percent of all inbound shipments.
Looking more closely at U.S. exports to Latvia:
- Coal, briquettes rose 168.10 percent compared to last year to $53,501,827.
- Soybean oilcake, other solid residue, not ground rose compared to last year to $19,983,961.
- Parts for heavy machinery rose 26,914.44 percent compared to last year to $10,694,478.
- Motor vehicles for transporting people fell -84.41 percent compared to last year to $6,731,815.
- Calendering machines, parts rose compared to last year to $5,935,029.
Looking more closely at U.S. imports from Latvia
- Rum, gin, vodka, other liquors rose 7.52 percent compared to last year to $30,646,855.
- Glass fibers, glass yarn rose 25.04 percent compared to last year to $3,005,189.
- Synthetic filament yarn, not for retail rose 61.80 percent compared to last year to $2,244,903.
- Computer parts rose 36.15 percent compared to last year to $1,998,035.
- Peat (Including Peat Litter), Incl Agglomrtd 2703 rose 57.35 percent compared to last year to $1,781,479.
In the latest annual figures available, Latvia recorded $215,635,413 in trade with the United States. At year’s end, its top five Customs districts were New York City, Baltimore, New Orleans, Houston and Miami. Total U.S. exports to Latvia were $584,866,128 and imports from Latvia were $362,558,320. The U.S. surplus with Latvia was $222,307,808.