# Latvia exports to Belgium: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Latvia reported $170.1M in goods exports to Belgium. The overall review level is Watch.

## 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 | $170.1M | 2024 route total |
| Exports needing review | 39.3% | Share of route exports |
| Highest-priority products | 0 | Need the closest review |
| Products needing review | 21 | High-attention product types |
| Export volatility | 1 | Higher means bigger yearly swings |
| Below highest year | 27% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 732399 | Iron or steel: table, kitchen and other household articles and parts thereof, of iron or steel n.e.s. in heading no. 7323 | $60.5M | 0% | Stable |
| 2 | 120510 | Oil seeds: low erucic acid rape or colza seeds, whether or not broken | $1.1B | 48.2% | Watch |
| 3 | 230630 | Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of sunflower seed oils | $60.8M | 16.8% | High attention |
| 4 | 441520 | Wood: pallets, box pallets and other load boards: pallet collars | $243.2M | 24.6% | Stable |
| 5 | 270300 | Peat: (including peat litter), whether or not agglomerated | $52.4M | 5.5% | High attention |
| 6 | 870899 | Vehicle parts and accessories: n.e.c. in heading no. 8708 | $1.6B | 46.9% | Stable |
| 7 | 440799 | Wood: sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, thicker than 6mm, n.e.c. in heading no. 4407 | $33.5M | 60.6% | Watch |
| 8 | 441233 | 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 | $156.4M | 0% | High attention |
| 9 | 382600 | Biodiesel and mixtures thereof: not containing or containing less than 70% by weight of petroleum oils or oils obtained from bituminous minerals | $3.2B | 63% | High attention |
| 10 | 321410 | Mastics: painters' fillings | $186.8M | 0% | Watch |

## 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.