{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:15.038Z",
  "seo": {
    "title": "Bangladesh exports to Latvia: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Bangladesh to Latvia, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "BGD",
    "country_name": "Bangladesh"
  },
  "importer": {
    "iso3": "LVA",
    "country_name": "Latvia"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "BGD",
    "importer_iso3": "LVA",
    "all_history_lane_count": 8,
    "current_lane_count": 3,
    "current_product_count": 3,
    "first_observed_last_year": 2019,
    "latest_data_year": 2024,
    "current_trade_usd": 243140.91879703104,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 226811.65406702692,
    "unrecovered_drawdown_trade_usd": 16329.26473000415,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 0,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 2,
    "unrecovered_drawdown_lane_count": 1,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 0,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.709977447669324,
    "trade_weighted_below_peak_pct": 4.616566842407942,
    "product_concentration_hhi": 4479.472879307654,
    "top1_product_share_pct": 53.10008447224526,
    "top3_product_share_pct": 100.00000000000003,
    "top_product_hs6": "621210",
    "top_product_trade_usd": 129108.03326781672,
    "top_product_description": "Brassieres: whether or not knitted or crocheted",
    "top_attention_product_hs6": "",
    "top_attention_product_reason": "",
    "distance_km": 6395.16650390625,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.007799999322742224,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 2.3384026813678163,
    "avg_mfn_tariff_pct": 4.653989653793103,
    "avg_preferential_tariff_pct": 0.5498036079693486,
    "tariff_advantage_pp": 4.104186045823755,
    "buyer_biz_entry_days": 5.5,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 38872.546229,
    "buyer_gdp_pc_latest": 20642,
    "buyer_population_latest": 1883.162,
    "buyer_gdp_5y_cagr_pct": 5.70625543435308,
    "buyer_gdp_pc_5y_cagr_pct": 6.2411828687114035,
    "buyer_population_5y_cagr_pct": -0.5035028977598777,
    "buyer_investment_5y_avg_pct": 28.971999999999998,
    "buyer_savings_5y_avg_pct": 22.518,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 0,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Volatile products account for the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 38872.546229,
    "buyer_gdp_pc_2024": 20642,
    "buyer_population_2024": 1883.162
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 7303.414631087308,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 2138.022336098033,
      "yoy_growth_pct": -70.72571606440847,
      "cagr_3y_pct": null
    },
    {
      "year": 1999,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 94527.024387616,
      "yoy_growth_pct": 4321.236522726474,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 15266.809216758953,
      "yoy_growth_pct": -83.84926499520802,
      "cagr_3y_pct": 27.86178814424607
    },
    {
      "year": 2001,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 60482.636420364855,
      "yoy_growth_pct": 296.1707751870691,
      "cagr_3y_pct": 204.70026029273055
    },
    {
      "year": 2002,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 213850.82144464983,
      "yoy_growth_pct": 253.57390831700752,
      "cagr_3y_pct": 31.275892204982615
    },
    {
      "year": 2003,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 369922.3164723061,
      "yoy_growth_pct": 72.981480254941,
      "cagr_3y_pct": 189.37038660892745
    },
    {
      "year": 2004,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 526960.9879357817,
      "yoy_growth_pct": 42.451797166779514,
      "cagr_3y_pct": 105.77024925706371
    },
    {
      "year": 2005,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 431407.3660518746,
      "yoy_growth_pct": -18.13295937868399,
      "cagr_3y_pct": 26.35493571266423
    },
    {
      "year": 2006,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 245007.29114874086,
      "yoy_growth_pct": -43.20743908686994,
      "cagr_3y_pct": -12.832185188750723
    },
    {
      "year": 2007,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 679397.9132446764,
      "yoy_growth_pct": 177.29701841086128,
      "cagr_3y_pct": 8.83834134034409
    },
    {
      "year": 2008,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 253565.8582479229,
      "yoy_growth_pct": -62.67785736389149,
      "cagr_3y_pct": -16.234007180692757
    },
    {
      "year": 2009,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 578549.7526845708,
      "yoy_growth_pct": 128.1654780664108,
      "cagr_3y_pct": 33.16412339869528
    },
    {
      "year": 2010,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 563117.429275106,
      "yoy_growth_pct": -2.667415090552916,
      "cagr_3y_pct": -6.06554492486252
    },
    {
      "year": 2011,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 1418604.4119670833,
      "yoy_growth_pct": 151.91981960019154,
      "cagr_3y_pct": 77.52390523441655
    },
    {
      "year": 2012,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 1516897.9131962606,
      "yoy_growth_pct": 6.9288873205237245,
      "cagr_3y_pct": 37.891833785998074
    },
    {
      "year": 2013,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 3537825.281062666,
      "yoy_growth_pct": 133.22764506993767,
      "cagr_3y_pct": 84.52100180606898
    },
    {
      "year": 2014,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 692041.75568456,
      "yoy_growth_pct": -80.43878086945296,
      "cagr_3y_pct": -21.279049180887156
    },
    {
      "year": 2015,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 2625447.5945211966,
      "yoy_growth_pct": 279.37704957183297,
      "cagr_3y_pct": 20.064790300993153
    },
    {
      "year": 2016,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 1991323.5532757454,
      "yoy_growth_pct": -24.152987954082416,
      "cagr_3y_pct": -17.433891391307345
    },
    {
      "year": 2017,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 1538299.2537106867,
      "yoy_growth_pct": -22.74990916568177,
      "cagr_3y_pct": 30.507712243557393
    },
    {
      "year": 2018,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 1099197.1615114615,
      "yoy_growth_pct": -28.544647027554802,
      "cagr_3y_pct": -25.19038584990382
    },
    {
      "year": 2019,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 1338948.2212001064,
      "yoy_growth_pct": 21.811470051375757,
      "cagr_3y_pct": -12.392628426015861
    },
    {
      "year": 2020,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 1041064.4160292243,
      "yoy_growth_pct": -22.247597065694393,
      "cagr_3y_pct": -12.203152042157573
    },
    {
      "year": 2021,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 2727473.0215954343,
      "yoy_growth_pct": 161.9888817253427,
      "cagr_3y_pct": 35.382217000185335
    },
    {
      "year": 2022,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 2052048.2154579314,
      "yoy_growth_pct": -24.763757543691977,
      "cagr_3y_pct": 15.294323681508848
    },
    {
      "year": 2023,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 1430243.7819153992,
      "yoy_growth_pct": -30.301648316960783,
      "cagr_3y_pct": 11.167410292585455
    },
    {
      "year": 2024,
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "export_value_usd": 1268942.795553968,
      "yoy_growth_pct": -11.277866640707579,
      "cagr_3y_pct": -22.51329499670064
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "hs_code": "621210",
      "hs_description": "Brassieres: whether or not knitted or crocheted",
      "buyer_imports_latest_usd": 10559875.449088464,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.8076626167315413,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "hs_code": "611595",
      "hs_description": "Hosiery and footwear: without applied soles, of cotton, knitted or crocheted (excluding graduated compression hosiery, panty hose, tights, full or knee-length hosiery measuring per single yarn less than 67 decitex)",
      "buyer_imports_latest_usd": 10555088.761716552,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.720323026653574,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "BGD",
      "importer_iso3": "LVA",
      "hs_code": "610462",
      "hs_description": "Trousers, bib and brace overalls, breeches and shorts: women's or girls', of cotton, knitted or crocheted",
      "buyer_imports_latest_usd": 10132186.103539089,
      "current_below_peak_pct": 68.74016205325432,
      "lane_volatility_cv": 0.875724294920107,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "BGD",
    "importer_iso3": "LVA",
    "distance_km": 6398,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 0,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 1,
    "importer_gdp_million_usd": 38872.546229,
    "importer_gdp_per_capita_usd": 20642.167922356122,
    "importer_population": 1883.162,
    "importer_biz_entry_days": 5.5,
    "importer_biz_entry_cost_pct": 1.5,
    "exporter_gdp_million_usd": 416264.942893,
    "exporter_gdp_per_capita_usd": 2503.0438349291,
    "avg_applied_tariff_pct": 2.3384026813678163,
    "avg_mfn_tariff_pct": 4.653989653793103,
    "avg_preferential_tariff_pct": 0.5498036079693486,
    "tariff_advantage_pp": 4.104186045823755
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/BGD-LVA/risk",
    "html": "https://www.yugalinks.com/trade/corridor/BGD-LVA/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/BGD-LVA/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/BGD-LVA/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/BGD-LVA/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}