# Finland exports to Latvia: Trade Route Risk | Yugalinks

Understand reported exports from Finland to Latvia, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/FIN-LVA/risk

## Route overview

In 2024, Finland reported $1.0B in goods exports to Latvia. The overall review level is Critical attention.

## How to read this page

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

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $1.0B | 2024 route total |
| Exports needing review | 75.5% | Share of route exports |
| Highest-priority products | 2 | Need the closest review |
| Products needing review | 38 | High-attention product types |
| Export volatility | 1.2 | Higher means bigger yearly swings |
| Below highest year | 23% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 271019 | Not reported | $1.1B | 57.2% | Critical attention |
| 2 | 271012 | Not reported | $427.0M | 0% | High attention |
| 3 | 271121 | Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas | $474.7M | 7.9% | High attention |
| 4 | 871000 | Tanks and other armoured fighting vehicles: motorised, whether or not fitted with weapons, and parts of such vehicles | $48.7M | 0% | High attention |
| 5 | 270750 | Aromatic hydrocarbon mixtures: n.e.c. in heading no. 2707, of which 65% or more by volume (including losses) distils at 250 degrees Celsius by the ISO 3405 method (equivalent to the ASTM D 86 method) | $38.5M | 0% | High attention |
| 6 | 440711 | Wood: coniferous species, of pine (Pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm | $128.8M | 0% | High attention |
| 7 | 843680 | Machinery: for agricultural, horticultural or forestry use and n.e.s. in heading no. 8436 | $36.5M | 21.5% | High attention |
| 8 | 440890 | Wood: n.e.s. in heading no. 4408, sheets for veneer or plywood, other wood sawn lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, not thicker than 6mm | $50.8M | 0% | High attention |
| 9 | 440712 | Wood: coniferous species, of fir (Abies spp.) and spruce (Picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm | $64.0M | 0% | Watch |
| 10 | 870323 | Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $183.7M | 76.5% | Critical attention |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.