# Latvia exports to the United Kingdom: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Latvia reported $957.8M in goods exports to the United Kingdom. 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 | $957.8M | 2024 route total |
| Exports needing review | 61.2% | Share of route exports |
| Highest-priority products | 1 | Need the closest review |
| Products needing review | 28 | High-attention product types |
| Export volatility | 1 | Higher means bigger yearly swings |
| Below highest year | 28.1% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 440131 | Wood: for fuel, sawdust and wood waste and scrap, agglomerated in wood pellets | $1.9B | 9.5% | High attention |
| 2 | 440712 | Wood: coniferous species, of fir (Abies spp.) and spruce (Picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm | $1.2B | 32% | Watch |
| 3 | 440711 | Wood: coniferous species, of pine (Pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm | $484.5M | 67.4% | High attention |
| 4 | 440719 | Wood: coniferous species, other than of pine (Pinus spp.) or fir (Abies spp.) or spruce (Picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm | $115.0M | 54.1% | Critical attention |
| 5 | 440112 | Wood: for fuel, in logs, in billets, in twigs, in faggots or similar forms, whether or not agglomerated, non-coniferous | $85.5M | 2.7% | High attention |
| 6 | 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 | $417.3M | 0% | High attention |
| 7 | 120510 | Oil seeds: low erucic acid rape or colza seeds, whether or not broken | $323.3M | 36.2% | High attention |
| 8 | 441012 | Oriented strand board (OSB) of wood, whether or not agglomerated with resins or other organic binding substances | $126.1M | 48.7% | Watch |
| 9 | 440410 | Wood: coniferous, split poles, piles, pickets, stakes, pointed but not sawn lengthwise: sticks for umbrellas, tool handles etc, roughly trimmed but not turned or bent: chipwood etc, hoopwood | $34.3M | 20.5% | High attention |
| 10 | 761010 | Aluminium: structures (excluding prefabricated buildings of heading no. 9406) and parts of structures, doors, windows and their frames and thresholds for doors | $261.9M | 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.