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    0.54 LVL = 1 U.S. dollar updated 2013-05-23

Import and Export Data for Latvia

Latvia LVA
This is a detailed overview of imports and exports between Latvia and the US. Below you will find information on top exporters and most active ports in Latvia. Scroll further to get a comprehensive list of imports and exports between Latvia and the US, as well as monthly tracking on the volume of trade between Latvia and the US. Be advised that access to complete trade data between Latvia and the US is limited to paid subscribers. Learn more about subscribing to Panjiva or call us at +1-888-972-6548.
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Top Ports in LVA

  1. 1
    Riga Shipment count is available to Panjiva subscribers.
  2. 2
    Ventspils Shipment count is available to Panjiva subscribers.
  3. 3
    All Other Latvia Ports Shipment count is available to Panjiva subscribers.

Value of goods traded between the U.S. and Latvia in USD

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In 2009-01-01, $12,136,938 USD of goods was imported by the US from Latvia, and $19,889,227 USD of goods was exported from the US to Latvia. In 2009-02-01, $16,298,901 USD of goods was imported by the US from Latvia, and $25,300,567 USD of goods was exported from the US to Latvia. In 2009-03-01, $24,277,498 USD of goods was imported by the US from Latvia, and $19,061,839 USD of goods was exported from the US to Latvia. In 2009-04-01, $7,680,045 USD of goods was imported by the US from Latvia, and $27,949,684 USD of goods was exported from the US to Latvia. In 2009-05-01, $9,459,094 USD of goods was imported by the US from Latvia, and $19,930,565 USD of goods was exported from the US to Latvia. In 2009-06-01, $10,507,788 USD of goods was imported by the US from Latvia, and $26,517,954 USD of goods was exported from the US to Latvia. In 2009-07-01, $12,884,861 USD of goods was imported by the US from Latvia, and $18,432,965 USD of goods was exported from the US to Latvia. In 2009-08-01, $9,725,610 USD of goods was imported by the US from Latvia, and $28,418,613 USD of goods was exported from the US to Latvia. In 2009-09-01, $9,223,262 USD of goods was imported by the US from Latvia, and $29,855,931 USD of goods was exported from the US to Latvia. In 2009-10-01, $9,239,250 USD of goods was imported by the US from Latvia, and $23,365,872 USD of goods was exported from the US to Latvia. In 2009-11-01, $8,045,739 USD of goods was imported by the US from Latvia, and $23,774,722 USD of goods was exported from the US to Latvia. In 2009-12-01, $9,395,510 USD of goods was imported by the US from Latvia, and $26,096,289 USD of goods was exported from the US to Latvia. In 2010-01-01, $19,953,020 USD of goods was imported by the US from Latvia, and $23,919,782 USD of goods was exported from the US to Latvia. In 2010-02-01, $13,200,895 USD of goods was imported by the US from Latvia, and $21,979,227 USD of goods was exported from the US to Latvia. In 2010-03-01, $11,066,834 USD of goods was imported by the US from Latvia, and $20,961,479 USD of goods was exported from the US to Latvia. In 2010-04-01, $19,545,125 USD of goods was imported by the US from Latvia, and $28,820,024 USD of goods was exported from the US to Latvia. In 2010-05-01, $9,793,884 USD of goods was imported by the US from Latvia, and $19,365,585 USD of goods was exported from the US to Latvia. In 2010-06-01, $11,231,193 USD of goods was imported by the US from Latvia, and $30,739,939 USD of goods was exported from the US to Latvia. In 2010-07-01, $10,953,145 USD of goods was imported by the US from Latvia, and $23,333,802 USD of goods was exported from the US to Latvia. In 2010-08-01, $9,559,437 USD of goods was imported by the US from Latvia, and $37,629,820 USD of goods was exported from the US to Latvia. In 2010-09-01, $14,325,152 USD of goods was imported by the US from Latvia, and $30,907,372 USD of goods was exported from the US to Latvia. In 2010-10-01, $27,172,522 USD of goods was imported by the US from Latvia, and $43,405,091 USD of goods was exported from the US to Latvia. In 2010-11-01, $16,706,893 USD of goods was imported by the US from Latvia, and $31,745,047 USD of goods was exported from the US to Latvia. In 2010-12-01, $18,179,651 USD of goods was imported by the US from Latvia, and $32,042,576 USD of goods was exported from the US to Latvia. In 2011-01-01, $15,792,498 USD of goods was imported by the US from Latvia, and $97,622,846 USD of goods was exported from the US to Latvia. In 2011-02-01, $39,942,882 USD of goods was imported by the US from Latvia, and $30,235,922 USD of goods was exported from the US to Latvia. In 2011-03-01, $13,682,090 USD of goods was imported by the US from Latvia, and $53,388,807 USD of goods was exported from the US to Latvia. In 2011-04-01, $48,418,020 USD of goods was imported by the US from Latvia, and $57,107,730 USD of goods was exported from the US to Latvia. In 2011-05-01, $59,918,178 USD of goods was imported by the US from Latvia, and $39,512,727 USD of goods was exported from the US to Latvia. In 2011-06-01, $24,976,033 USD of goods was imported by the US from Latvia, and $31,032,387 USD of goods was exported from the US to Latvia. In 2011-07-01, $14,532,991 USD of goods was imported by the US from Latvia, and $44,824,269 USD of goods was exported from the US to Latvia. In 2011-08-01, $22,642,224 USD of goods was imported by the US from Latvia, and $43,650,206 USD of goods was exported from the US to Latvia. In 2011-09-01, $18,744,815 USD of goods was imported by the US from Latvia, and $36,598,165 USD of goods was exported from the US to Latvia. In 2011-10-01, $28,318,278 USD of goods was imported by the US from Latvia, and $68,363,489 USD of goods was exported from the US to Latvia. In 2011-11-01, $30,577,355 USD of goods was imported by the US from Latvia, and $57,464,377 USD of goods was exported from the US to Latvia. In 2011-12-01, $22,919,835 USD of goods was imported by the US from Latvia, and $69,713,004 USD of goods was exported from the US to Latvia. In 2012-01-01, $21,234,514 USD of goods was imported by the US from Latvia, and $63,133,227 USD of goods was exported from the US to Latvia. In 2012-02-01, $8,785,701 USD of goods was imported by the US from Latvia, and $39,400,640 USD of goods was exported from the US to Latvia. In 2012-03-01, $20,864,516 USD of goods was imported by the US from Latvia, and $59,804,155 USD of goods was exported from the US to Latvia. In 2012-04-01, $17,931,948 USD of goods was imported by the US from Latvia, and $35,198,119 USD of goods was exported from the US to Latvia. In 2012-05-01, $20,876,526 USD of goods was imported by the US from Latvia, and $40,144,675 USD of goods was exported from the US to Latvia. In 2012-06-01, $27,241,759 USD of goods was imported by the US from Latvia, and $40,976,302 USD of goods was exported from the US to Latvia. In 2012-07-01, $19,536,377 USD of goods was imported by the US from Latvia, and $36,965,991 USD of goods was exported from the US to Latvia. In 2012-08-01, $31,481,294 USD of goods was imported by the US from Latvia, and $36,615,822 USD of goods was exported from the US to Latvia. In 2012-09-01, $20,865,128 USD of goods was imported by the US from Latvia, and $39,825,617 USD of goods was exported from the US to Latvia. In 2012-10-01, $24,000,312 USD of goods was imported by the US from Latvia, and $38,155,881 USD of goods was exported from the US to Latvia. In 2012-11-01, $24,499,575 USD of goods was imported by the US from Latvia, and $51,945,515 USD of goods was exported from the US to Latvia. In 2012-12-01, $19,018,242 USD of goods was imported by the US from Latvia, and $32,428,039 USD of goods was exported from the US to Latvia. In 2013-01-01, $16,748,337 USD of goods was imported by the US from Latvia, and $26,439,836 USD of goods was exported from the US to Latvia. In 2013-02-01, $31,907,271 USD of goods was imported by the US from Latvia, and $29,169,010 USD of goods was exported from the US to Latvia.

Top Products Imported from Latvia to the U.S.

  1. 1
    $14,415,933 of Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HTS 28)
  2. 2
    $6,477,167 of Beverages, spirits and vinegar (HTS 22)
  3. 3
    $2,275,360 of Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HTS 85)
  4. 4
    $1,945,624 of HTS Code for Subscribers Only
  5. 5
    $1,617,447 of HTS Code for Subscribers Only
  6. 6
    $1,018,997 of HTS Code for Subscribers Only
  7. 7
    $870,909 of HTS Code for Subscribers Only
  8. 8
    $595,417 of HTS Code for Subscribers Only
  9. 9
    $543,371 of HTS Code for Subscribers Only
  10. 10
    $534,866 of HTS Code for Subscribers Only

Top Products Exported to Latvia from the U.S.

  1. 1
    $4,833,917 of Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HTS 84)
  2. 2
    $3,953,165 of Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HTS 85)
  3. 3
    $3,514,223 of Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HTS 87)
  4. 4
    $1,933,459 of HTS Code for Subscribers Only
  5. 5
    $1,665,299 of HTS Code for Subscribers Only
  6. 6
    $1,121,634 of HTS Code for Subscribers Only
  7. 7
    $883,626 of HTS Code for Subscribers Only
  8. 8
    $825,955 of HTS Code for Subscribers Only
  9. 9
    $766,732 of HTS Code for Subscribers Only
  10. 10
    $762,300 of HTS Code for Subscribers Only

World Bank Economic Indicators for Latvia

Business World Bank Indicators — Latvia 2010
Leading indicators that show the ease and cost of doing business in Latvia as of 2010.

Indicator Value Rank in World
Qmark Cost to build a warehouse (% of income per capita) 19.00% 160
Qmark Cost to enforce a contract (% of claim) 23.10% 121
Qmark Cost to register property (% of property value) 2.00% 144
Qmark Cost to start a business (% of income per capita) 1.50% 164
Qmark Credit: Strength of legal rights index (0=weak to 10=strong) 10.0 2
Qmark Ease of shareholder suits index (0 to 10) 8.0 34
Qmark Extent of director liability index (0 to 10) 4.0 104
Qmark Extent of disclosure index (0 to 10) 5.0 100
Qmark Labor tax and contributions (%) 27.20% 31
Qmark Minimum paid-in capital required to start a business (% of income per capita) 15.90% 62
Qmark Other taxes (%) 4.80% 70
Qmark Private credit bureau coverage (% of adults) 0.00% 141
Qmark Procedures required to build a warehouse (number) 23.0 22
Qmark Procedures required to build a warehouse (number) 24.0 31
Qmark Procedures required to connect to electricity (number) 5.0 91
Qmark Procedures required to enforce a contract (number) 27.0 172
Qmark Procedures required to enforce a contract (number) 27.0 172
Qmark Procedures required to register property (number) 6.0 97
Qmark Procedures required to register property (number) 6.0 97
Qmark Procedures required to start a business (number) 5.0 145
Qmark Profit tax (%) 6.50% 152
Qmark Public credit registry coverage (% of adults) 57.20% 4
Qmark Strength of investor protection index (0 to 10) 5.7 59
Qmark Time required to build a warehouse (days) 205.0 61
Qmark Time required to build a warehouse (days) 186.0 89
Qmark Time required to connect to electricity (days) 193.0 22
Qmark Time required to enforce a contract (days) 309.0 162
Qmark Time required to register property (days) 42.0 87
Qmark Time required to start a business (days) 16.0 103
Qmark Time to prepare and pay taxes (hours) 293.0 59
Qmark Time to resolve insolvency (years) 3.0 81
Qmark Total tax rate (% of profit) 38.50% 103
Qmark Trade: Cost to export (US$ per container) $600 173
Qmark Trade: Cost to import (US$ per container) $801 148
Qmark Trade: Documents to import (number) 6.0 118
Qmark Trade: Time to export (day) 10.0 153
Qmark Trade: Time to import (days) 11.0 150

Purchasing Power Parities (PPP) — Latvia 2010
The PPP is an estimate of the adjustment needed on the exchange rate between the US and Latvia in order for the exchange to be equivalent to each currency's purchasing power. It shows the relative purchasing power of Latvian currency.

Indicator Value Rank in World
Qmark GDP per capita, PPP (constant 2005 international $) $12,938 46
Qmark GDP per capita, PPP (current international $) $16,312 42
Qmark GDP, PPP (constant 2005 international $) $29,018,886,900 92
Qmark GDP, PPP (current international $) $36,585,960,698 88
Qmark GNI per capita, PPP (current international $) $16,350 37
Qmark GNI, PPP (current international $) $36,681,960,123 83
Qmark Household final consumption expenditure, PPP (constant 2005 international $) $16,468,894,401 47
Qmark Household final consumption expenditure, PPP (current international $) $19,985,150,606 47
Qmark PPP conversion factor (GDP) to market exchange rate ratio $0.66 66
Qmark PPP conversion factor, GDP (LCU per international $) $0.35 168
Qmark PPP conversion factor, private consumption (LCU per international $) $0.40 163
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