Trade route overview

Latvia exports to Bosnia and Herzegovina
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

LVA-BIH2024 reported exports14 product typesHigh attention review level
Latest reported exports$5.6M2024 route total
Highest-priority products0Need the closest review
Products needing review1High-attention product types
Exports needing review72.9%Share of route exports
Overall review levelHigh attentionBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Latvia reported $5.6M in goods exports to Bosnia and Herzegovina. 1 product types are marked for closer review, covering 72.9% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Latvia to Bosnia and Herzegovina in the latest available year.

$5.6M in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

72.9% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

14 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Latvia to Bosnia and Herzegovina. Bar lengths are relative to the highest year shown.

Latest annual total$8.5M2024 annual history
Highest year$10.9M2023 annual history
Latest below highest22.5%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$194.7K
Still below the previous high
$14.8K
Buyer demand is falling
$0.0
Product mix is concentrated
$4.6M
Tariffs and access rules
$0.0
Buyer economy is under pressure
$0.0

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility0.6Higher means bigger yearly swings
Below highest year3.2%Compared with the route's best year
Product concentration (HHI)5,435.60-10,000 scale; higher means fewer products dominate
Largest product share72.9%Share from the biggest product

Largest product

Product not reported

Product code HS6 271019 makes up 72.9% of exports from Latvia to Bosnia and Herzegovina. The main reason to review it is: A small number of products or suppliers carry much of the route.

See product rows
Exports of this product$4.1M2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types10 shown - 2024 values
Top product types for Latvia exports to Bosnia and Herzegovina
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Product 271019HS6 271019 - six-digit product code$1.2B0%0.5High attention
2Seat: partsHS6 940190 - six-digit product code$13.1M0%0.8Stable
3Food 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 productsHS6 190590 - six-digit product code$61.4M26.5%0.2Watch
4Communication 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 apparatusHS6 851762 - six-digit product code$36.1M11.1%0.6Watch
5Vegetable preparations: potatoes, prepared or preserved otherwise than by vinegar or acetic acid, not frozenHS6 200520 - six-digit product code$16.0M0%0Watch
6Mastics: painters' fillingsHS6 321410 - six-digit product code$20.3M43.4%1.2Watch
7Medical, surgical or dental instruments and appliances: n.e.c. in heading no. 9018HS6 901890 - six-digit product code$31.6M13.9%1Stable
8Medicaments: containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic or prophylactic uses, packaged for retail saleHS6 300439 - six-digit product code$27.4M0%1.1Watch
9Boards, 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 voltsHS6 853710 - six-digit product code$25.6M35.8%1.1Watch
10Aluminium: n.e.c. in heading no. 7616HS6 761699 - six-digit product code$13.4M0%0.8Stable

Buyer-market imports are total imports of that product into the buyer market, not only exports from Latvia. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets1,509 kmApproximate route distance
Trade agreement (FTA)YesReported agreement coverage
Average import tariff4.2%Average tax applied to imports
Buyer economy size$22.6B2024 gross domestic product
Buyer GDP per person$6.9KCurrent-dollar measure
Buyer economy outlookResilientAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageNoReported common official language
Similar legal systemYesReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time80 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

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.

How much did Latvia export to Bosnia and Herzegovina?

Latvia reported $5.6M in goods exports to Bosnia and Herzegovina in 2024.

What does "exports needing review" mean?

72.9% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

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

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.