Trade route overview

Austria exports to Latvia
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

AUT-LVA2024 reported exports238 product typesWatch review level
Latest reported exports$133.4M2024 route total
Highest-priority products0Need the closest review
Products needing review6High-attention product types
Exports needing review8.8%Share of route exports
Overall review levelWatchBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Austria reported $133.4M in goods exports to Latvia. 6 product types are marked for closer review, covering 8.8% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Austria to Latvia in the latest available year.

$133.4M in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

8.8% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

238 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Austria to Latvia. Bar lengths are relative to the highest year shown.

Latest annual total$209.0M2024 annual history
Highest year$252.8M2007 annual history
Latest below highest17.3%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$72.3M
Still below the previous high
$29.7M
Buyer demand is falling
$0.0
Product mix is concentrated
$22.6M
Tariffs and access rules
$0.0
Buyer economy is under pressure
$0.0

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility1.2Higher means bigger yearly swings
Below highest year25.4%Compared with the route's best year
Product concentration (HHI)639.70-10,000 scale; higher means fewer products dominate
Largest product share23.4%Share from the biggest product

Largest product

Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale

Product code HS6 300490 makes up 23.4% of exports from Austria to Latvia. The main reason to review it is: Some product types remain below their previous high.

See product rows
Exports of this product$31.2M2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types10 shown - 2024 values
Top product types for Austria exports to Latvia
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail saleHS6 300490 - six-digit product code$708.3M0%0.7Stable
2Machinery: for filtering or purifying gases, other than intake air filters for internal combustion enginesHS6 842139 - six-digit product code$21.6M41%2.4Watch
3Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screenHS6 852872 - six-digit product code$192.5M32.9%1.3Watch
4Blood, human or animal, antisera, other blood fractions and immunological products: antisera and other blood fractionsHS6 300212 - six-digit product code$13.0M30%0.8Watch
5Telephones for cellular networks or for other wireless networksHS6 851712 - six-digit product code$407.8M85%1High attention
6Waters: including mineral and aerated, containing added sugar or other sweetening matter or flavouredHS6 220210 - six-digit product code$41.1M20.9%0.9Stable
7Iron or steel: structures and parts thereof, n.e.s. in heading no. 7308HS6 730890 - six-digit product code$92.6M0%1.6Watch
8Paper and paperboard: coated with kaolin or other inorganic substances, for printing/writing/graphics, having 10% or less by weight of total fibres got by mechanical/chemi-mechanical process, sides exceeding 435mm and 297mm, unfolded, sheetsHS6 481019 - six-digit product code$18.5M12.6%1.2High attention
9Mountings, fittings and similar articles: suitable for furniture of base metalHS6 830242 - six-digit product code$13.5M0%0.8Stable
10Aluminium: plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)HS6 760612 - six-digit product code$15.2M55.8%0.9Watch

Buyer-market imports are total imports of that product into the buyer market, not only exports from Austria. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets1,102 kmApproximate route distance
Trade agreement (FTA)YesReported agreement coverage
Average import tariff2%Average tax applied to imports
Buyer economy size$38.9B2024 gross domestic product
Buyer GDP per person$20.6KCurrent-dollar measure
Buyer economy outlookResilientAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageNoReported common official language
Similar legal systemYesReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time6 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain.

How much did Austria export to Latvia?

Austria reported $133.4M in goods exports to Latvia in 2024.

What does "exports needing review" mean?

8.8% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

An HS6 code is the international six-digit code used to describe and compare traded goods.

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.