{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:13.172Z", "seo": { "title": "Ghana exports to Latvia: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Ghana 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": "GHA", "country_name": "Ghana" }, "importer": { "iso3": "LVA", "country_name": "Latvia" }, "latestYear": 2024, "risk": { "exporter_iso3": "GHA", "importer_iso3": "LVA", "all_history_lane_count": 3, "current_lane_count": 3, "current_product_count": 3, "first_observed_last_year": 2024, "latest_data_year": 2024, "current_trade_usd": 23726890.06739811, "attention_trade_usd": 23275131.43007216, "critical_trade_usd": 21644001.555055432, "high_volatility_trade_usd": 21644001.555055432, "unrecovered_drawdown_trade_usd": 23275131.43007216, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 23726890.06739811, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 1, "high_attention_lane_count": 1, "high_volatility_lane_count": 1, "unrecovered_drawdown_lane_count": 2, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 3, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 2.528148742200358, "trade_weighted_below_peak_pct": 73.80777552966788, "product_concentration_hhi": 8372.229399889415, "top1_product_share_pct": 91.22140109206867, "top3_product_share_pct": 100, "top_product_hs6": "180100", "top_product_trade_usd": 21644001.555055432, "top_product_description": "Cocoa beans: whole or broken, raw or roasted", "top_attention_product_hs6": "180100", "top_attention_product_reason": "Current trade remains more than 50% below its historical peak", "distance_km": 6105.744140625, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.023399999365210533, "has_reported_fta": 0, "avg_applied_tariff_pct": 2.564951267214559, "avg_mfn_tariff_pct": 4.653989653793103, "avg_preferential_tariff_pct": 1.3666442284176246, "tariff_advantage_pp": 3.287345425375479, "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": 98.09600568788116, "critical_trade_share_pct": 91.22140109206867, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "Critical attention", "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure", "buyer_gdp_mn_2024": 38872.546229, "buyer_gdp_pc_2024": 20642, "buyer_population_2024": 1883.162 }, "history": [ { "year": 1996, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 1262.1462573202584, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 673.8691273714018, "yoy_growth_pct": -46.60926786709051, "cagr_3y_pct": null }, { "year": 1999, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 21667.340999003034, "yoy_growth_pct": 3115.3633574997, "cagr_3y_pct": null }, { "year": 2001, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 2715.861716416115, "yoy_growth_pct": -87.46564372369883, "cagr_3y_pct": 29.101906721891456 }, { "year": 2002, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 68683.43568539333, "yoy_growth_pct": 2428.973963226259, "cagr_3y_pct": 367.11679639608786 }, { "year": 2003, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 49879.05001619454, "yoy_growth_pct": -27.378341635868185, "cagr_3y_pct": 32.03959545121293 }, { "year": 2004, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 10498.742780751465, "yoy_growth_pct": -78.95159836175154, "cagr_3y_pct": 56.94345683623909 }, { "year": 2005, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 68279.22559339555, "yoy_growth_pct": 550.3562094937652, "cagr_3y_pct": -0.19655667677940247 }, { "year": 2006, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 300992.66972624185, "yoy_growth_pct": 340.82613285431876, "cagr_3y_pct": 82.05917981370557 }, { "year": 2007, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 64074.388506759184, "yoy_growth_pct": -78.71230931801895, "cagr_3y_pct": 82.74649586648242 }, { "year": 2008, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 793815.5793563174, "yoy_growth_pct": 1138.8968476422963, "cagr_3y_pct": 126.5393640934331 }, { "year": 2009, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 567094.2746581857, "yoy_growth_pct": -28.560954281342475, "cagr_3y_pct": 23.509334380718073 }, { "year": 2010, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 734451.6053911339, "yoy_growth_pct": 29.511377245665614, "cagr_3y_pct": 125.47214930895323 }, { "year": 2011, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 786957.9448794589, "yoy_growth_pct": 7.149053675274164, "cagr_3y_pct": -0.2887940760347041 }, { "year": 2012, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 1685437.309003635, "yoy_growth_pct": 114.17120444241777, "cagr_3y_pct": 43.775795830376474 }, { "year": 2013, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 774536.0841369313, "yoy_growth_pct": -54.04539344184762, "cagr_3y_pct": 1.7871193485337278 }, { "year": 2014, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 137215.08827643, "yoy_growth_pct": -82.28422263511075, "cagr_3y_pct": -44.13367351939107 }, { "year": 2015, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 216803.42507806493, "yoy_growth_pct": 58.002613124657465, "cagr_3y_pct": -49.52017446940694 }, { "year": 2016, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 478683.41851563216, "yoy_growth_pct": 120.79144660342496, "cagr_3y_pct": -14.820403959536922 }, { "year": 2017, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 1071454.8561957846, "yoy_growth_pct": 123.83371028775142, "cagr_3y_pct": 98.39193017296574 }, { "year": 2018, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 740309.1890375639, "yoy_growth_pct": -30.906170730697703, "cagr_3y_pct": 50.58521512169016 }, { "year": 2019, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 366417.931971827, "yoy_growth_pct": -50.50474350477978, "cagr_3y_pct": -8.523519904371923 }, { "year": 2020, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 17569560.023765236, "yoy_growth_pct": 4694.95092645087, "cagr_3y_pct": 154.05573488452998 }, { "year": 2021, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 93217635.53492962, "yoy_growth_pct": 430.5632890569826, "cagr_3y_pct": 401.21991009624065 }, { "year": 2022, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 3313024.3974757963, "yoy_growth_pct": -96.4459253032283, "cagr_3y_pct": 108.32879648153684 }, { "year": 2023, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 4287164.1820717845, "yoy_growth_pct": 29.403338693738213, "cagr_3y_pct": -37.51107169154153 }, { "year": 2024, "exporter_iso3": "GHA", "importer_iso3": "LVA", "export_value_usd": 23894658.78769283, "yoy_growth_pct": 457.3534805971827, "cagr_3y_pct": -36.476524658953856 } ], "riskLanes": [ { "exporter_iso3": "GHA", "importer_iso3": "LVA", "hs_code": "180100", "hs_description": "Cocoa beans: whole or broken, raw or roasted", "buyer_imports_latest_usd": 21960520.76167499, "current_below_peak_pct": 76.74557938861548, "lane_volatility_cv": 2.7285684025191492, "attention_level": "Critical attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "GHA", "importer_iso3": "LVA", "hs_code": "400122", "hs_description": "Rubber: technically specified natural rubber (TSNR), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets)", "buyer_imports_latest_usd": 61957477.015484385, "current_below_peak_pct": 55.26692746025388, "lane_volatility_cv": 0.4993338436265913, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier", "limited_history" ] }, { "exporter_iso3": "GHA", "importer_iso3": "LVA", "hs_code": "441233", "hs_description": "Plywood: with sheets of wood only: not bamboo: each ply 6mm or less, with at least one outer ply of alder, ash, beech, birch, cherry, chestnut, elm, eucalyptus, hickory, horse chestnut, lime, maple, oak, plane, poplar, aspen, robinia, tulipwood or walnut", "buyer_imports_latest_usd": 25088546.297431238, "current_below_peak_pct": 0, "lane_volatility_cv": 0.2512186236097622, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "limited_history" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "GHA", "importer_iso3": "LVA", "distance_km": 6010, "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": 1, "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": 77594.279055, "exporter_gdp_per_capita_usd": 2445.2907493314033, "avg_applied_tariff_pct": 2.564951267214559, "avg_mfn_tariff_pct": 4.653989653793103, "avg_preferential_tariff_pct": 1.3666442284176246, "tariff_advantage_pp": 3.287345425375479 }, "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/GHA-LVA/risk", "html": "https://www.yugalinks.com/trade/corridor/GHA-LVA/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/GHA-LVA/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/GHA-LVA/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/GHA-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" } }