Trading Partner Portal: Latvia
Overview
Trade Overview
Latvia is a country in the Baltic region of Northern Europe and is a member of the European Union. Latvia has a population of almost 2 million and a GDP of $30.2 billion.
U.S. exports to Latvia in 2018 totaled $510 million. Almost 40% of which was transportation equipment, followed by 15.8% of computer and electronic products, 9.8% of beverage and tobacco products, and 8.1% non-electrical machinery. The U.S. imported $727 million worth of products from Latvia in 2018. Transportation equipment made up 52% of the total, followed by 16.7% of beverage and tobacco products, 5.5% of computer and electronic products, and 4.7% of non-electrical machinery.
California exported $36 million worth of products. Computer and electronic products made up 27.2% of the total. Agricultural products made up 19.4% of the total. Beverages and tobacco and chemicals made up 8.6% and 8.1%, respectively. California was the fifth largest exporting state to Latvia. California imported $42.5 million worth of products from Latvia in 2018. 49.1% was beverage and tobacco products. 11.3% was mineral and ores. 10.2% was electrical equipment and appliances. 4.7% was nonmetallic mineral products. California was also the fifth largest importing state from Latvia.
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