# Latvia exports to Canada: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Latvia reported $36.7M in goods exports to Canada. 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 | $36.7M | 2024 route total |
| Exports needing review | 45.6% | Share of route exports |
| Highest-priority products | 0 | Need the closest review |
| Products needing review | 7 | High-attention product types |
| Export volatility | 1.2 | Higher means bigger yearly swings |
| Below highest year | 23.9% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 220860 | Vodka | $90.7M | 33.2% | Stable |
| 2 | 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 | $232.6M | 8.7% | High attention |
| 3 | 120991 | Seed: vegetable seed, of a kind used for sowing | $193.8M | 0% | Stable |
| 4 | 030471 | Fish fillets: frozen, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus) | $52.2M | 67.2% | High attention |
| 5 | 270300 | Peat: (including peat litter), whether or not agglomerated | $18.5M | 0% | High attention |
| 6 | 902000 | Breathing appliances and gas masks: excluding protective masks having neither mechanical parts nor replaceable filters and excluding apparatus of item no. 9019.20 | $157.9M | 36.6% | High attention |
| 7 | 852560 | Transmission apparatus for radio-broadcasting or television, whether or not incorporating sound recording or reproducing apparatus, incorporating reception apparatus | $134.2M | 0% | High attention |
| 8 | 900110 | Optical fibres, optical fibre bundles and cables: excluding those of heading no. 8544 | $32.6M | 0% | High attention |
| 9 | 901420 | Navigational instruments and appliances: for aeronautical or space navigation (excluding compasses) | $344.2M | 63.6% | High attention |
| 10 | 382440 | Cements, mortars or concretes: their prepared additives | $47.1M | 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.