{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:21.792Z", "seo": { "title": "Latvia exports to Bahrain: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Latvia to Bahrain, 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": "LVA", "country_name": "Latvia" }, "importer": { "iso3": "BHR", "country_name": "Bahrain" }, "latestYear": 2024, "risk": { "exporter_iso3": "LVA", "importer_iso3": "BHR", "all_history_lane_count": 8, "current_lane_count": 6, "current_product_count": 6, "first_observed_last_year": 2002, "latest_data_year": 2024, "current_trade_usd": 457337.75939831766, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 70231.48854148257, "unrecovered_drawdown_trade_usd": 0, "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": 0, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 0, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 0.8179928422189847, "trade_weighted_below_peak_pct": 17.768014575228037, "product_concentration_hhi": 3399.8451975811104, "top1_product_share_pct": 53.77109595736081, "top3_product_share_pct": 80.42564838298307, "top_product_hs6": "300490", "top_product_trade_usd": 245915.52545531327, "top_product_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": 4019.234130859375, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0, "has_reported_fta": 0, "avg_applied_tariff_pct": 6.3706535651340985, "avg_mfn_tariff_pct": 6.3706535651340985, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 8.3, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 38868.663032, "buyer_gdp_pc_latest": 22232, "buyer_population_latest": 1748.295, "buyer_gdp_5y_cagr_pct": 3.09682223752612, "buyer_gdp_pc_5y_cagr_pct": 1.6976782015584613, "buyer_population_5y_cagr_pct": 1.3757875899532923, "buyer_investment_5y_avg_pct": 27.208000000000006, "buyer_savings_5y_avg_pct": 45.017999999999994, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "concentrated_product_mix" ], "attention_level": "Stable", "primary_risk_reason": "Volatile products account for the largest observed corridor exposure", "buyer_gdp_mn_2024": 38868.663032, "buyer_gdp_pc_2024": 22232, "buyer_population_2024": 1748.295 }, "history": [ { "year": 1995, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 6707.797483497783, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 904.9990370453293, "yoy_growth_pct": -86.50825342786858, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 8290.768111835514, "yoy_growth_pct": 816.1079484574357, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 17584.114210273918, "yoy_growth_pct": 112.0927032704202, "cagr_3y_pct": 37.88388701026663 }, { "year": 1999, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 44900.17978103897, "yoy_growth_pct": 155.34513279494635, "cagr_3y_pct": 267.4514687168708 }, { "year": 2000, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 77861.9165137952, "yoy_growth_pct": 73.41114644417468, "cagr_3y_pct": 110.98104561036055 }, { "year": 2001, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 72520.13819020863, "yoy_growth_pct": -6.860579038842607, "cagr_3y_pct": 60.366152238939065 }, { "year": 2002, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 44375.257213312805, "yoy_growth_pct": -38.809745374555604, "cagr_3y_pct": -0.3912245361898603 }, { "year": 2003, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 78534.44872436757, "yoy_growth_pct": 76.97801355122473, "cagr_3y_pct": 0.28709162197175786 }, { "year": 2004, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 33276.728384559945, "yoy_growth_pct": -57.627857678925956, "cagr_3y_pct": -22.869289319265185 }, { "year": 2005, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 104560.54170336375, "yoy_growth_pct": 214.2152091846828, "cagr_3y_pct": 33.06861817522102 }, { "year": 2006, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 150514.36334630777, "yoy_growth_pct": 43.94948696164385, "cagr_3y_pct": 24.21458197062558 }, { "year": 2007, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 276105.01183133275, "yoy_growth_pct": 83.44097247122018, "cagr_3y_pct": 102.44694276929418 }, { "year": 2008, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 891096.5806795368, "yoy_growth_pct": 222.7382852520948, "cagr_3y_pct": 104.26109271514932 }, { "year": 2009, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 390189.52112271206, "yoy_growth_pct": -56.212432009877155, "cagr_3y_pct": 37.37231550465425 }, { "year": 2010, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 600601.3516891332, "yoy_growth_pct": 53.9255462219981, "cagr_3y_pct": 29.56986464908189 }, { "year": 2011, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 292462.49860788364, "yoy_growth_pct": -51.30505487785515, "cagr_3y_pct": -31.021279185860585 }, { "year": 2012, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 259003.1202490969, "yoy_growth_pct": -11.440570506664205, "cagr_3y_pct": -12.76787246734209 }, { "year": 2013, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 364050.0531589189, "yoy_growth_pct": 40.55817273892024, "cagr_3y_pct": -15.369884968893066 }, { "year": 2014, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 861100.8590108611, "yoy_growth_pct": 136.53364462907095, "cagr_3y_pct": 43.32697848589082 }, { "year": 2015, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 2234921.0387233603, "yoy_growth_pct": 159.54230742384743, "cagr_3y_pct": 105.10947794480359 }, { "year": 2016, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 377512.0439517263, "yoy_growth_pct": -83.10848403989385, "cagr_3y_pct": 1.2177248170156085 }, { "year": 2017, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 495357.6909649171, "yoy_growth_pct": 31.216393993580805, "cagr_3y_pct": -16.832248036139042 }, { "year": 2018, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 555346.7438243048, "yoy_growth_pct": 12.110249614280487, "cagr_3y_pct": -37.13136727987339 }, { "year": 2019, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 2640788.8218015675, "yoy_growth_pct": 375.520717672027, "cagr_3y_pct": 91.24978419381023 }, { "year": 2020, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 593284.5012400646, "yoy_growth_pct": -77.53381503503482, "cagr_3y_pct": 6.197598911267077 }, { "year": 2021, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 1120558.249087975, "yoy_growth_pct": 88.87367641423623, "cagr_3y_pct": 26.364010925866843 }, { "year": 2022, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 1014239.5531558747, "yoy_growth_pct": -9.488011535199814, "cagr_3y_pct": -27.310956066059553 }, { "year": 2023, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 1558647.130926454, "yoy_growth_pct": 53.67642940729518, "cagr_3y_pct": 37.98385277193812 }, { "year": 2024, "exporter_iso3": "LVA", "importer_iso3": "BHR", "export_value_usd": 2756013.637774762, "yoy_growth_pct": 76.82088415590245, "cagr_3y_pct": 34.984004634237834 } ], "riskLanes": [ { "exporter_iso3": "LVA", "importer_iso3": "BHR", "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": 206699064.80341756, "current_below_peak_pct": 21.069130779536472, "lane_volatility_cv": 0.8464175474478395, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "LVA", "importer_iso3": "BHR", "hs_code": "190590", "hs_description": "Food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products", "buyer_imports_latest_usd": 46368715.48281164, "current_below_peak_pct": 0, "lane_volatility_cv": 0.7479264678850156, "attention_level": "Watch", "primary_risk_reason": "The lane has limited historical coverage", "risk_driver_labels": [ "limited_history" ] }, { "exporter_iso3": "LVA", "importer_iso3": "BHR", "hs_code": "901890", "hs_description": "Medical, surgical or dental instruments and appliances: n.e.c. in heading no. 9018", "buyer_imports_latest_usd": 25703030.84536466, "current_below_peak_pct": 35.22012054026516, "lane_volatility_cv": 0.39896654706809015, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "LVA", "importer_iso3": "BHR", "hs_code": "940360", "hs_description": "Furniture: wooden, other than for office, kitchen or bedroom use", "buyer_imports_latest_usd": 23694069.13378556, "current_below_peak_pct": 28.824127612660078, "lane_volatility_cv": 1.3314677813714335, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "LVA", "importer_iso3": "BHR", "hs_code": "853710", "hs_description": "Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts", "buyer_imports_latest_usd": 27668728.989969715, "current_below_peak_pct": 3.3644590174221918, "lane_volatility_cv": 1.2687375001844727, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "LVA", "importer_iso3": "BHR", "hs_code": "210500", "hs_description": "Ice cream and other edible ice: whether or not containing cocoa", "buyer_imports_latest_usd": 10368780.92053245, "current_below_peak_pct": 0, "lane_volatility_cv": 0, "attention_level": "Watch", "primary_risk_reason": "The lane has limited historical coverage", "risk_driver_labels": [ "limited_history" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "LVA", "importer_iso3": "BHR", "distance_km": 4011, "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": 1, "importer_is_eu": 0, "importer_gdp_million_usd": 38868.663032000004, "importer_gdp_per_capita_usd": 22232.325226577894, "importer_population": 1748.295, "importer_biz_entry_days": 8.3, "importer_biz_entry_cost_pct": 1, "exporter_gdp_million_usd": 38872.546229, "exporter_gdp_per_capita_usd": 20642.167922356122, "avg_applied_tariff_pct": 6.3706535651340985, "avg_mfn_tariff_pct": 6.3706535651340985, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, "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/LVA-BHR/risk", "html": "https://www.yugalinks.com/trade/corridor/LVA-BHR/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/LVA-BHR/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/LVA-BHR/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/LVA-BHR/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" } }