{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:19.990Z", "seo": { "title": "Latvia exports to Bosnia and Herzegovina: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Latvia to Bosnia and Herzegovina, 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": "BIH", "country_name": "Bosnia and Herzegovina" }, "latestYear": 2024, "risk": { "exporter_iso3": "LVA", "importer_iso3": "BIH", "all_history_lane_count": 25, "current_lane_count": 14, "current_product_count": 14, "first_observed_last_year": 2003, "latest_data_year": 2024, "current_trade_usd": 5579835.422063424, "attention_trade_usd": 4066312.870282114, "critical_trade_usd": 0, "high_volatility_trade_usd": 194730.03846742742, "unrecovered_drawdown_trade_usd": 14829.249654238913, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 4570628.834314761, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 1, "high_volatility_lane_count": 5, "unrecovered_drawdown_lane_count": 1, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 4, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 0.5518965964692862, "trade_weighted_below_peak_pct": 3.159438788955846, "product_concentration_hhi": 5435.628648869899, "top1_product_share_pct": 72.87513990472483, "top3_product_share_pct": 85.34546061639337, "top_product_hs6": "271019", "top_product_trade_usd": 4066312.870282114, "top_product_description": "", "top_attention_product_hs6": "271019", "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers", "distance_km": 1509.3397216796875, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.20716078579425812, "has_reported_fta": 1, "avg_applied_tariff_pct": 4.172941827547893, "avg_mfn_tariff_pct": 6.450218542145593, "avg_preferential_tariff_pct": 1.6116595962475093, "tariff_advantage_pp": 4.838558945898083, "buyer_biz_entry_days": 80, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 22571.512866999998, "buyer_gdp_pc_latest": 6916, "buyer_population_latest": 3263.459, "buyer_gdp_5y_cagr_pct": 7.651752503504983, "buyer_gdp_pc_5y_cagr_pct": 8.857893927237747, "buyer_population_5y_cagr_pct": -1.1079962878383087, "buyer_investment_5y_avg_pct": 22.522000000000002, "buyer_savings_5y_avg_pct": -4.1, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 72.87513990472483, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "High attention", "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure", "buyer_gdp_mn_2024": 22571.512866999998, "buyer_gdp_pc_2024": 6916, "buyer_population_2024": 3263.459 }, "history": [ { "year": 1996, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 54599.999999999985, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 3558.0002209896606, "yoy_growth_pct": -93.4835160787735, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 27416.596022595015, "yoy_growth_pct": 670.5619538991784, "cagr_3y_pct": null }, { "year": 1999, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 137629.9530867832, "yoy_growth_pct": 401.9950433429349, "cagr_3y_pct": 36.09435334482518 }, { "year": 2000, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 264602.5083543946, "yoy_growth_pct": 92.25648372309496, "cagr_3y_pct": 320.52904350886155 }, { "year": 2001, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 68277.35693044124, "yoy_growth_pct": -74.19625484464638, "cagr_3y_pct": 35.5463173254154 }, { "year": 2002, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 98332.61265701149, "yoy_growth_pct": 44.0193602649112, "cagr_3y_pct": -10.60191713167976 }, { "year": 2003, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 134522.057730265, "yoy_growth_pct": 36.80309522486085, "cagr_3y_pct": -20.18830852997382 }, { "year": 2004, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 114330.03758805079, "yoy_growth_pct": -15.01019273932156, "cagr_3y_pct": 18.748431467089443 }, { "year": 2005, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 248187.38200729224, "yoy_growth_pct": 117.0797694491719, "cagr_3y_pct": 36.153049582921135 }, { "year": 2006, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 91993.11062989895, "yoy_growth_pct": -62.934009825206985, "cagr_3y_pct": -11.89769570452528 }, { "year": 2007, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 342099.72497092467, "yoy_growth_pct": 271.8753748280557, "cagr_3y_pct": 44.10004825745042 }, { "year": 2008, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 594002.2605616661, "yoy_growth_pct": 73.63424089632076, "cagr_3y_pct": 33.763040911939555 }, { "year": 2009, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 470408.72657736787, "yoy_growth_pct": -20.806913069225164, "cagr_3y_pct": 72.28204643605196 }, { "year": 2010, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 627802.3188473366, "yoy_growth_pct": 33.45890145685515, "cagr_3y_pct": 22.430624136528145 }, { "year": 2011, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 1760684.1704367287, "yoy_growth_pct": 180.45200178129264, "cagr_3y_pct": 43.64740581797086 }, { "year": 2012, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 1095353.2792762488, "yoy_growth_pct": -37.78820201441625, "cagr_3y_pct": 32.543860056939344 }, { "year": 2013, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 1243592.169933774, "yoy_growth_pct": 13.533431949505248, "cagr_3y_pct": 25.589024702807194 }, { "year": 2014, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 4427535.05635906, "yoy_growth_pct": 256.02789752164836, "cagr_3y_pct": 35.98578613850088 }, { "year": 2015, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 3815867.912829359, "yoy_growth_pct": -13.81507172148061, "cagr_3y_pct": 51.59319516109615 }, { "year": 2016, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 3264163.8322098874, "yoy_growth_pct": -14.45815455940136, "cagr_3y_pct": 37.94246733627682 }, { "year": 2017, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 3215506.5610140483, "yoy_growth_pct": -1.4906503992141107, "cagr_3y_pct": -10.113225353497668 }, { "year": 2018, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 3242885.835443977, "yoy_growth_pct": 0.8514762420915201, "cagr_3y_pct": -5.279036094828493 }, { "year": 2019, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 2797690.8836315842, "yoy_growth_pct": -13.728357222647702, "cagr_3y_pct": -5.010428965998425 }, { "year": 2020, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 3437141.5400233255, "yoy_growth_pct": 22.85637273699419, "cagr_3y_pct": 2.246709118324164 }, { "year": 2021, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 4495799.816254619, "yoy_growth_pct": 30.80054353025301, "cagr_3y_pct": 11.504339243792373 }, { "year": 2022, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 5163103.780780201, "yoy_growth_pct": 14.842830904368487, "cagr_3y_pct": 22.66021144187478 }, { "year": 2023, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 10937402.034762546, "yoy_growth_pct": 111.83773364148388, "cagr_3y_pct": 47.08631012218169 }, { "year": 2024, "exporter_iso3": "LVA", "importer_iso3": "BIH", "export_value_usd": 8476676.203192193, "yoy_growth_pct": -22.498266258745748, "cagr_3y_pct": 23.53960534028483 } ], "riskLanes": [ { "exporter_iso3": "LVA", "importer_iso3": "BIH", "hs_code": "271019", "hs_description": "", "buyer_imports_latest_usd": 1163650016.5955017, "current_below_peak_pct": 0, "lane_volatility_cv": 0.5352824948760418, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "limited_history" ] }, { "exporter_iso3": "LVA", "importer_iso3": "BIH", "hs_code": "940190", "hs_description": "Seat: parts", "buyer_imports_latest_usd": 13075124.003784977, "current_below_peak_pct": 0, "lane_volatility_cv": 0.8343055474741536, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "LVA", "importer_iso3": "BIH", "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": 61447792.35071568, "current_below_peak_pct": 26.477926730401926, "lane_volatility_cv": 0.15259111553642973, "attention_level": "Watch", "primary_risk_reason": "The lane has limited historical coverage", "risk_driver_labels": [ "limited_history" ] }, { "exporter_iso3": "LVA", "importer_iso3": "BIH", "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": 36060987.367414206, "current_below_peak_pct": 11.061606032710085, "lane_volatility_cv": 0.6067441055501486, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market" ] }, { "exporter_iso3": "LVA", "importer_iso3": "BIH", "hs_code": "200520", "hs_description": "Vegetable preparations: potatoes, prepared or preserved otherwise than by vinegar or acetic acid, not frozen", "buyer_imports_latest_usd": 15964098.944301713, "current_below_peak_pct": 0, "lane_volatility_cv": 0, "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" ] }, { "exporter_iso3": "LVA", "importer_iso3": "BIH", "hs_code": "321410", "hs_description": "Mastics: painters' fillings", "buyer_imports_latest_usd": 20253023.790461335, "current_below_peak_pct": 43.365716507410106, "lane_volatility_cv": 1.240940485270243, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "LVA", "importer_iso3": "BIH", "hs_code": "901890", "hs_description": "Medical, surgical or dental instruments and appliances: n.e.c. in heading no. 9018", "buyer_imports_latest_usd": 31598652.267223462, "current_below_peak_pct": 13.896527948395402, "lane_volatility_cv": 0.9502747516296653, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "LVA", "importer_iso3": "BIH", "hs_code": "300439", "hs_description": "Medicaments: containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic or prophylactic uses, packaged for retail sale", "buyer_imports_latest_usd": 27412689.910781033, "current_below_peak_pct": 0, "lane_volatility_cv": 1.127666579577052, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "LVA", "importer_iso3": "BIH", "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": 25566716.64817959, "current_below_peak_pct": 35.7555471711594, "lane_volatility_cv": 1.069048363174243, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "LVA", "importer_iso3": "BIH", "hs_code": "761699", "hs_description": "Aluminium: n.e.c. in heading no. 7616", "buyer_imports_latest_usd": 13434777.689837951, "current_below_peak_pct": 0, "lane_volatility_cv": 0.837416668402787, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] } ], "accessProfile": { "year": 2024, "exporter_iso3": "LVA", "importer_iso3": "BIH", "distance_km": 1512, "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": 0, "exporter_is_eu": 1, "importer_is_eu": 0, "importer_gdp_million_usd": 22571.512866999998, "importer_gdp_per_capita_usd": 6916.4383149903215, "importer_population": 3263.459, "importer_biz_entry_days": 80, "importer_biz_entry_cost_pct": 13.7, "exporter_gdp_million_usd": 38872.546229, "exporter_gdp_per_capita_usd": 20642.167922356122, "avg_applied_tariff_pct": 4.172941827547893, "avg_mfn_tariff_pct": 6.450218542145593, "avg_preferential_tariff_pct": 1.6116595962475093, "tariff_advantage_pp": 4.838558945898083 }, "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-BIH/risk", "html": "https://www.yugalinks.com/trade/corridor/LVA-BIH/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/LVA-BIH/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/LVA-BIH/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/LVA-BIH/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" } }