Latvia vs USA: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

LatviaMetricUSA
$20.91BTotal exports$1.90T
$25.33BTotal imports$2.98T
$-4.42BTrade balance$-1.08T
$46.24BTotal trade volume$4.87T
#78Global export rank#2
#78Global import rank#1

Direct trade between Latvia and USA

LatviaUSA
$624.24M
USALatvia
$0

Latvia top exports

  • wheat and meslin, other than durum wheat, other than seed$656.16M
  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$546.34M
  • wheat and meslin, durum wheat, other than seed$507.38M
  • in gaseous state, natural gas$469.17M
  • machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus$392.45M

USA top exports

  • petroleum oils and oils obtained from bituminous minerals, crude$124.16B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$115.84B
  • liquefied, natural gas$39.59B
  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$33.69B
  • of an unladen weight exceeding 15,000kg$31.57B

Shared top trade partners

Both countries appear as major export destinations for 3 of the same partners:

GermanyUnited KingdomNetherlands