{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:17.444Z", "seo": { "title": "Latvia exports to Czechia: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Latvia to Czechia, 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": "CZE", "country_name": "Czechia" }, "latestYear": 2024, "risk": { "exporter_iso3": "LVA", "importer_iso3": "CZE", "all_history_lane_count": 329, "current_lane_count": 232, "current_product_count": 232, "first_observed_last_year": 1996, "latest_data_year": 2024, "current_trade_usd": 129637401.39414228, "attention_trade_usd": 37995900.81174551, "critical_trade_usd": 0, "high_volatility_trade_usd": 89635670.52663171, "unrecovered_drawdown_trade_usd": 13215689.658977918, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 49178893.26791128, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 10, "high_volatility_lane_count": 172, "unrecovered_drawdown_lane_count": 64, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 59, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.2877137897203017, "trade_weighted_below_peak_pct": 18.74193851564643, "product_concentration_hhi": 417.8068942765398, "top1_product_share_pct": 10.45870322044286, "top3_product_share_pct": 27.13155622769612, "top_product_hs6": "300490", "top_product_trade_usd": 13558391.074507596, "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": "270300", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": 993.2449340820312, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.3111799955368042, "has_reported_fta": 1, "avg_applied_tariff_pct": 2.60380708015873, "avg_mfn_tariff_pct": 2.60380708015873, "avg_preferential_tariff_pct": 0, "tariff_advantage_pp": 2.60380708015873, "buyer_biz_entry_days": 24.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 282340.849857, "buyer_gdp_pc_latest": 26378, "buyer_population_latest": 10703.446, "buyer_gdp_5y_cagr_pct": 6.208035481766805, "buyer_gdp_pc_5y_cagr_pct": 5.7499386408234265, "buyer_population_5y_cagr_pct": 0.43318875342264196, "buyer_investment_5y_avg_pct": 30.074, "buyer_savings_5y_avg_pct": 32.972, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 29.309366280973887, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_markets" ], "attention_level": "Watch", "primary_risk_reason": "Volatile products account for the largest observed corridor exposure", "buyer_gdp_mn_2024": 282340.849857, "buyer_gdp_pc_2024": 26378, "buyer_population_2024": 10703.446 }, "history": [ { "year": 1995, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 6901277.555987679, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 6954776.351452779, "yoy_growth_pct": 0.7752013309286987, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 4738613.629858775, "yoy_growth_pct": -31.865334118631594, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 5968488.2172766, "yoy_growth_pct": 25.954312452658847, "cagr_3y_pct": -4.725148134160406 }, { "year": 1999, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 5994630.837810118, "yoy_growth_pct": 0.4380107588692894, "cagr_3y_pct": -4.831529064991136 }, { "year": 2000, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 8049518.136320356, "yoy_growth_pct": 34.27879637807527, "cagr_3y_pct": 19.318063056297753 }, { "year": 2001, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 12527900.087491242, "yoy_growth_pct": 55.63540419846884, "cagr_3y_pct": 28.037734196041875 }, { "year": 2002, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 11880919.473181073, "yoy_growth_pct": -5.164318120290257, "cagr_3y_pct": 25.61144248430618 }, { "year": 2003, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 12433921.491566543, "yoy_growth_pct": 4.654538898557203, "cagr_3y_pct": 15.596871145978074 }, { "year": 2004, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 15977985.377133172, "yoy_growth_pct": 28.503186930771875, "cagr_3y_pct": 8.446260091668423 }, { "year": 2005, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 18529824.750833206, "yoy_growth_pct": 15.97097076676568, "cagr_3y_pct": 15.9686014893915 }, { "year": 2006, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 29258540.833243392, "yoy_growth_pct": 57.89971695187113, "cagr_3y_pct": 33.00914880118766 }, { "year": 2007, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 39160759.41481144, "yoy_growth_pct": 33.84385652724418, "cagr_3y_pct": 34.826841879916714 }, { "year": 2008, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 48382950.98865881, "yoy_growth_pct": 23.54957286747441, "cagr_3y_pct": 37.70203143267072 }, { "year": 2009, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 56999300.680227384, "yoy_growth_pct": 17.808648533216353, "cagr_3y_pct": 24.893246431850137 }, { "year": 2010, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 45114322.994382665, "yoy_growth_pct": -20.85109386257352, "cagr_3y_pct": 4.8305295883517285 }, { "year": 2011, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 77095276.53440237, "yoy_growth_pct": 70.88869214329507, "cagr_3y_pct": 16.800617560705366 }, { "year": 2012, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 80648719.7855066, "yoy_growth_pct": 4.609158188204399, "cagr_3y_pct": 12.264552653245664 }, { "year": 2013, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 122109107.31530817, "yoy_growth_pct": 51.40861211445096, "cagr_3y_pct": 39.36205357112761 }, { "year": 2014, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 147772935.32532892, "yoy_growth_pct": 21.01712851257853, "cagr_3y_pct": 24.219290163025775 }, { "year": 2015, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 139910044.71421817, "yoy_growth_pct": -5.320927403790298, "cagr_3y_pct": 20.157386208645754 }, { "year": 2016, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 133617887.8647932, "yoy_growth_pct": -4.497287426558549, "cagr_3y_pct": 3.0478295142450706 }, { "year": 2017, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 163765027.71209234, "yoy_growth_pct": 22.562203556012484, "cagr_3y_pct": 3.4845274778889435 }, { "year": 2018, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 154045857.22181836, "yoy_growth_pct": -5.934826639153268, "cagr_3y_pct": 3.2603777094987185 }, { "year": 2019, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 141778806.20564225, "yoy_growth_pct": -7.963246293934512, "cagr_3y_pct": 1.9957880007676065 }, { "year": 2020, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 124641266.45230949, "yoy_growth_pct": -12.0875187286284, "cagr_3y_pct": -8.698012817987932 }, { "year": 2021, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 164104066.35466826, "yoy_growth_pct": 31.661103120657174, "cagr_3y_pct": 2.1307308606869135 }, { "year": 2022, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 165144736.78018838, "yoy_growth_pct": 0.6341527352960119, "cagr_3y_pct": 5.216650925662858 }, { "year": 2023, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 186007163.8948436, "yoy_growth_pct": 12.632813810120759, "cagr_3y_pct": 14.276239162665828 }, { "year": 2024, "exporter_iso3": "LVA", "importer_iso3": "CZE", "export_value_usd": 168597901.945447, "yoy_growth_pct": -9.359457767572154, "cagr_3y_pct": 0.9045944136858663 } ], "riskLanes": [ { "exporter_iso3": "LVA", "importer_iso3": "CZE", "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": 4432557752.398571, "current_below_peak_pct": 0, "lane_volatility_cv": 1.3064987514545787, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "LVA", "importer_iso3": "CZE", "hs_code": "270300", "hs_description": "Peat: (including peat litter), whether or not agglomerated", "buyer_imports_latest_usd": 24987079.321368568, "current_below_peak_pct": 0, "lane_volatility_cv": 1.3272749151300733, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market" ] }, { "exporter_iso3": "LVA", "importer_iso3": "CZE", "hs_code": "040721", "hs_description": "Birds' eggs, in shell: fresh, not for incubation, of fowls of the species Gallus domesticus (domestic hens)", "buyer_imports_latest_usd": 65854066.46669954, "current_below_peak_pct": 8.74585353894682, "lane_volatility_cv": 1.0383355766361457, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "LVA", "importer_iso3": "CZE", "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": 2926058602.056326, "current_below_peak_pct": 27.69092802500175, "lane_volatility_cv": 0.6841470979393938, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "LVA", "importer_iso3": "CZE", "hs_code": "852580", "hs_description": "Television cameras, digital cameras and video camera recorders", "buyer_imports_latest_usd": 682742090.5432082, "current_below_peak_pct": 36.18144671784683, "lane_volatility_cv": 2.397147006308762, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "LVA", "importer_iso3": "CZE", "hs_code": "271019", "hs_description": "", "buyer_imports_latest_usd": 2447886843.8812857, "current_below_peak_pct": 0, "lane_volatility_cv": 1.997301481530615, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "LVA", "importer_iso3": "CZE", "hs_code": "441233", "hs_description": "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", "buyer_imports_latest_usd": 62144378.50610508, "current_below_peak_pct": 27.54915985465261, "lane_volatility_cv": 0.9360708359218051, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "LVA", "importer_iso3": "CZE", "hs_code": "110412", "hs_description": "Cereal grains: rolled or flaked, of oats", "buyer_imports_latest_usd": 12840382.556769598, "current_below_peak_pct": 0, "lane_volatility_cv": 0.5462305822980871, "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": "CZE", "hs_code": "621210", "hs_description": "Brassieres: whether or not knitted or crocheted", "buyer_imports_latest_usd": 66967175.62850776, "current_below_peak_pct": 9.747383981393165, "lane_volatility_cv": 1.399297441233703, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "LVA", "importer_iso3": "CZE", "hs_code": "040899", "hs_description": "Eggs: birds' eggs (not in shell, excluding yolks only), fresh, cooked by steaming or boiling in water, moulded, frozen, otherwise preserved, whether or not containing added sugar or other sweetening matter", "buyer_imports_latest_usd": 15052760.560291775, "current_below_peak_pct": 27.9376240471804, "lane_volatility_cv": 0.5407417648079785, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "LVA", "importer_iso3": "CZE", "distance_km": 996, "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": 1, "exporter_is_eu": 1, "importer_is_eu": 1, "importer_gdp_million_usd": 282340.849857, "importer_gdp_per_capita_usd": 26378.49995758375, "importer_population": 10703.446, "importer_biz_entry_days": 24.5, "importer_biz_entry_cost_pct": 1.1, "exporter_gdp_million_usd": 38872.546229, "exporter_gdp_per_capita_usd": 20642.167922356122, "avg_applied_tariff_pct": 2.60380708015873, "avg_mfn_tariff_pct": 2.60380708015873, "avg_preferential_tariff_pct": 0, "tariff_advantage_pp": 2.60380708015873 }, "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-CZE/risk", "html": "https://www.yugalinks.com/trade/corridor/LVA-CZE/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/LVA-CZE/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/LVA-CZE/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/LVA-CZE/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" } }