# Latvia exports to Finland: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Latvia reported $483.3M in goods exports to Finland. The overall review level is High attention.

## 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 | $483.3M | 2024 route total |
| Exports needing review | 50.1% | Share of route exports |
| Highest-priority products | 1 | Need the closest review |
| Products needing review | 20 | High-attention product types |
| Export volatility | 1.1 | Higher means bigger yearly swings |
| Below highest year | 20.4% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 440121 | Wood: in chips or particles, coniferous | $74.6M | 0% | High attention |
| 2 | 120510 | Oil seeds: low erucic acid rape or colza seeds, whether or not broken | $64.4M | 1.6% | Watch |
| 3 | 252329 | Cement: portland, other than white, whether or not artificially coloured | $39.9M | 7.9% | High attention |
| 4 | 440395 | Wood: of birch (Betula spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, of which any cross-sectional dimension is 15 cm or more | $51.6M | 1.7% | High attention |
| 5 | 382600 | Biodiesel and mixtures thereof: not containing or containing less than 70% by weight of petroleum oils or oils obtained from bituminous minerals | $28.6M | 25.5% | High attention |
| 6 | 271121 | Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas | $265.5M | 90.9% | Critical attention |
| 7 | 440323 | Wood: coniferous species, of fir (Abies spp.) and spruce (Picea spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, of which the smallest cross-sectional dimension is 15 cm or more | $40.1M | 0% | High attention |
| 8 | 730890 | Iron or steel: structures and parts thereof, n.e.s. in heading no. 7308 | $510.8M | 2.1% | Watch |
| 9 | 440396 | Wood: of birch (Betula spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, of which any cross-sectional dimension is less than 15 cm | $41.2M | 45.8% | High attention |
| 10 | 440122 | Wood: in chips or particles, non-coniferous | $28.1M | 0% | High attention |

## 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.