Latvia / United States

Latvia-United States In 2022, Latvia exported $702M to United States. The main products that Latvia exported to United States are Particle Board ($111M), Sawn Wood ($96.5M), and Broadcasting Equipment ($63.4M). During the last 27 years the exports of Latvia to United States have increased at an annualized rate of 7.39%, from $102M in 1995 to $702M in 2022.

In 2020, Latvia exported services to United States worth $183M, with Computer and information services ($112M), Other business services ($62.8M), and Communications services ($2.28M) being the largest in terms of value.

United States-Latvia In 2022, United States exported $322M to Latvia. The main products that United States exported to Latvia were Aircraft Parts ($44.2M), Planes, Helicopters, and/or Spacecraft ($32.8M), and Broadcasting Equipment ($23.7M). During the last 27 years the exports of United States to Latvia have increased at an annualized rate of 5.06%, from $84.9M in 1995 to $322M in 2022.

In 2017, United States exported services to Latvia worth $186M, with Travel ($75M), Financial services ($50M), and Transportation ($15M) being the largest in terms of value.

Comparison In 2022,  Latvia ranked 75 in total exports ($22.9B), and does not have data regarding Economic Complexity Index. That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).