{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:13.496Z",
  "seo": {
    "title": "Hungary exports to Latvia: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Hungary 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": "HUN",
    "country_name": "Hungary"
  },
  "importer": {
    "iso3": "LVA",
    "country_name": "Latvia"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "HUN",
    "importer_iso3": "LVA",
    "all_history_lane_count": 200,
    "current_lane_count": 169,
    "current_product_count": 169,
    "first_observed_last_year": 1996,
    "latest_data_year": 2024,
    "current_trade_usd": 150766413.77962908,
    "attention_trade_usd": 23247116.922090337,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 82451921.56413208,
    "unrecovered_drawdown_trade_usd": 64962083.72319596,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 25993566.8754709,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 7,
    "high_volatility_lane_count": 109,
    "unrecovered_drawdown_lane_count": 89,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 33,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.1576587351720105,
    "trade_weighted_below_peak_pct": 33.860142781006736,
    "product_concentration_hhi": 585.904831831685,
    "top1_product_share_pct": 19.863697680146743,
    "top3_product_share_pct": 33.65480920164924,
    "top_product_hs6": "852872",
    "top_product_trade_usd": 29947784.63638462,
    "top_product_description": "Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen",
    "top_attention_product_hs6": "853620",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 1105.945068359375,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.20285028219223022,
    "has_reported_fta": 1,
    "avg_applied_tariff_pct": 2.0090650656704985,
    "avg_mfn_tariff_pct": 2.0090650656704985,
    "avg_preferential_tariff_pct": 0,
    "tariff_advantage_pp": 2.0090650656704985,
    "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": 15.419294217656446,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_buyer_markets"
    ],
    "attention_level": "Watch",
    "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": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 13753792.883091273,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 21265430.172944307,
      "yoy_growth_pct": 54.61502404247878,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 23405728.060237013,
      "yoy_growth_pct": 10.06468183284519,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 23240158.12157206,
      "yoy_growth_pct": -0.7073906790630136,
      "cagr_3y_pct": 19.107433365314975
    },
    {
      "year": 1999,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 25623983.43687071,
      "yoy_growth_pct": 10.257354114496863,
      "cagr_3y_pct": 6.412053515187877
    },
    {
      "year": 2000,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 24090061.461374737,
      "yoy_growth_pct": -5.9862744575801985,
      "cagr_3y_pct": 0.9652483140246249
    },
    {
      "year": 2001,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 29873815.170035645,
      "yoy_growth_pct": 24.00887900570283,
      "cagr_3y_pct": 8.730287663910442
    },
    {
      "year": 2002,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 30451470.158900358,
      "yoy_growth_pct": 1.9336498722269502,
      "cagr_3y_pct": 5.922252220452551
    },
    {
      "year": 2003,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 38163126.60039251,
      "yoy_growth_pct": 25.324414227791216,
      "cagr_3y_pct": 16.57408446748123
    },
    {
      "year": 2004,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 62546711.200314134,
      "yoy_growth_pct": 63.89304748335487,
      "cagr_3y_pct": 27.92966511770416
    },
    {
      "year": 2005,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 90321591.01805662,
      "yoy_growth_pct": 44.40661912468866,
      "cagr_3y_pct": 43.67937764012726
    },
    {
      "year": 2006,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 109083519.83705111,
      "yoy_growth_pct": 20.772363072350775,
      "cagr_3y_pct": 41.91829938002955
    },
    {
      "year": 2007,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 158311388.12656626,
      "yoy_growth_pct": 45.12860271015431,
      "cagr_3y_pct": 36.28118233597271
    },
    {
      "year": 2008,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 179113495.91511697,
      "yoy_growth_pct": 13.139994560542867,
      "cagr_3y_pct": 25.63546277026678
    },
    {
      "year": 2009,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 125367740.89481585,
      "yoy_growth_pct": -30.00653565813465,
      "cagr_3y_pct": 4.747150879348361
    },
    {
      "year": 2010,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 153289812.25434437,
      "yoy_growth_pct": 22.272134091460806,
      "cagr_3y_pct": -1.0687009446999962
    },
    {
      "year": 2011,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 166139568.7476024,
      "yoy_growth_pct": 8.382655249089366,
      "cagr_3y_pct": -2.4752326887633957
    },
    {
      "year": 2012,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 164444963.04622516,
      "yoy_growth_pct": -1.0199892260173593,
      "cagr_3y_pct": 9.465750392480544
    },
    {
      "year": 2013,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 177203157.3562832,
      "yoy_growth_pct": 7.758336937612209,
      "cagr_3y_pct": 4.95087276122963
    },
    {
      "year": 2014,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 204013306.8763698,
      "yoy_growth_pct": 15.129611639019691,
      "cagr_3y_pct": 7.084958376387718
    },
    {
      "year": 2015,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 142020854.5806663,
      "yoy_growth_pct": -30.386474904438643,
      "cagr_3y_pct": -4.769254970513426
    },
    {
      "year": 2016,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 144658833.6320024,
      "yoy_growth_pct": 1.8574589338481662,
      "cagr_3y_pct": -6.540274502117049
    },
    {
      "year": 2017,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 191108712.12530833,
      "yoy_growth_pct": 32.109949546164444,
      "cagr_3y_pct": -2.154543575734691
    },
    {
      "year": 2018,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 200705768.4759001,
      "yoy_growth_pct": 5.021778569832591,
      "cagr_3y_pct": 12.219736436911433
    },
    {
      "year": 2019,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 196640618.571617,
      "yoy_growth_pct": -2.025427537610225,
      "cagr_3y_pct": 10.775254770270282
    },
    {
      "year": 2020,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 204371572.30847543,
      "yoy_growth_pct": 3.9315141464746794,
      "cagr_3y_pct": 2.2617765913810484
    },
    {
      "year": 2021,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 223806586.95825568,
      "yoy_growth_pct": 9.509646782207714,
      "cagr_3y_pct": 3.6981487251521727
    },
    {
      "year": 2022,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 219599862.94905284,
      "yoy_growth_pct": -1.8796247538449218,
      "cagr_3y_pct": 3.749563374395315
    },
    {
      "year": 2023,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 197921502.55600247,
      "yoy_growth_pct": -9.871754973763236,
      "cagr_3y_pct": -1.063282412516453
    },
    {
      "year": 2024,
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "export_value_usd": 195650575.3546376,
      "yoy_growth_pct": -1.1473878138745008,
      "cagr_3y_pct": -4.382785371005071
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "hs_code": "852872",
      "hs_description": "Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen",
      "buyer_imports_latest_usd": 192454823.67123947,
      "current_below_peak_pct": 58.278040426452904,
      "lane_volatility_cv": 0.8908317180826324,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "hs_code": "853620",
      "hs_description": "Electrical apparatus: automatic circuit breakers, for a voltage not exceeding 1000 volts",
      "buyer_imports_latest_usd": 27320328.677072085,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.2014735338943492,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "hs_code": "300490",
      "hs_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale",
      "buyer_imports_latest_usd": 708289035.8010081,
      "current_below_peak_pct": 77.79373237113134,
      "lane_volatility_cv": 0.7185666141984295,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "hs_code": "390931",
      "hs_description": "Amino-resins: n.e.c. in heading no. 3909, in primary forms, poly(methylene phenyl isocyanate) (Crude MDI, polymeric MDI)",
      "buyer_imports_latest_usd": 35935753.33382973,
      "current_below_peak_pct": 28.839552635119098,
      "lane_volatility_cv": 0.5073744321173715,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "hs_code": "160232",
      "hs_description": "Meat preparations: of the poultry of heading no. 0105, (i.e. of fowls of the species Gallus domesticus)",
      "buyer_imports_latest_usd": 32781878.967891708,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.63278305923055,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "hs_code": "853649",
      "hs_description": "Electrical apparatus: relays, for a voltage exceeding 60 volts",
      "buyer_imports_latest_usd": 11905465.033429706,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.4352988611456832,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "hs_code": "870850",
      "hs_description": "Vehicle parts: drive-axles with differential, whether or not provided with other transmission components, and non-driving axles: parts thereof",
      "buyer_imports_latest_usd": 16745482.471771317,
      "current_below_peak_pct": 23.44263981039238,
      "lane_volatility_cv": 1.6299755039623867,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "hs_code": "851762",
      "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus",
      "buyer_imports_latest_usd": 186543985.46913293,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.63240163032335,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "hs_code": "230910",
      "hs_description": "Dog or cat food: put up for retail sale, used in animal feeding",
      "buyer_imports_latest_usd": 101925785.84558457,
      "current_below_peak_pct": 63.83351218317868,
      "lane_volatility_cv": 0.7703939188432647,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "HUN",
      "importer_iso3": "LVA",
      "hs_code": "870322",
      "hs_description": "Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc",
      "buyer_imports_latest_usd": 176090857.01437858,
      "current_below_peak_pct": 56.311709623109294,
      "lane_volatility_cv": 0.8587087288827692,
      "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"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "HUN",
    "importer_iso3": "LVA",
    "distance_km": 1106,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "shared_colonial_history": 0,
    "has_fta": 1,
    "rta_coverage_ratio": 2,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 1,
    "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": 182280.517581,
    "exporter_gdp_per_capita_usd": 18772.673292044827,
    "avg_applied_tariff_pct": 2.0090650656704985,
    "avg_mfn_tariff_pct": 2.0090650656704985,
    "avg_preferential_tariff_pct": 0,
    "tariff_advantage_pp": 2.0090650656704985
  },
  "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/HUN-LVA/risk",
    "html": "https://www.yugalinks.com/trade/corridor/HUN-LVA/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/HUN-LVA/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/HUN-LVA/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/HUN-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"
  }
}