Trade route overview

Latvia exports to Ireland
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

LVA-IRL2024 reported exports99 product typesWatch review level
Latest reported exports$60.2M2024 route total
Highest-priority products0Need the closest review
Products needing review3High-attention product types
Exports needing review23.5%Share of route exports
Overall review levelWatchBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Latvia reported $60.2M in goods exports to Ireland. 3 product types are marked for closer review, covering 23.5% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Latvia to Ireland in the latest available year.

$60.2M in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

23.5% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

99 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Latvia to Ireland. Bar lengths are relative to the highest year shown.

Latest annual total$84.7M2024 annual history
Highest year$95.4M2008 annual history
Latest below highest11.2%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$23.3M
Still below the previous high
$12.7M
Buyer demand is falling
$0.0
Product mix is concentrated
$21.4M
Tariffs and access rules
$0.0
Buyer economy is under pressure
$0.0

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility1.1Higher means bigger yearly swings
Below highest year24.4%Compared with the route's best year
Product concentration (HHI)730.80-10,000 scale; higher means fewer products dominate
Largest product share16.2%Share from the biggest product

Largest product

Bran, sharps and other residues: of wheat, whether or not in the form of pellets, derived from the sifting, milling or other workings thereof

Product code HS6 230230 makes up 16.2% of exports from Latvia to Ireland. The main reason to review it is: Trade has varied substantially across reported years

See product rows
Exports of this product$9.8M2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types10 shown - 2024 values
Top product types for Latvia exports to Ireland
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Bran, sharps and other residues: of wheat, whether or not in the form of pellets, derived from the sifting, milling or other workings thereofHS6 230230 - six-digit product code$64.6M7.5%0.9Stable
2Wood: 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 6mmHS6 440712 - six-digit product code$81.2M65.2%0.5Watch
3Wood: for fuel, in logs, in billets, in twigs, in faggots or similar forms, whether or not agglomerated, non-coniferousHS6 440112 - six-digit product code$16.4M0%1.5High attention
4Dog or cat food: (not put up for retail sale), used in animal feedingHS6 230990 - six-digit product code$305.8M15.2%0.9High attention
5Beet-pulp, bagasse and other waste of sugar manufacture: whether or not in the form of pelletsHS6 230320 - six-digit product code$37.1M26.2%0.7Stable
6Plastics: other articles n.e.s. in chapter 39HS6 392690 - six-digit product code$574.1M0%2.1Watch
7Wood: 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 6mmHS6 440711 - six-digit product code$38.4M68.6%0.5High attention
8Aluminium: structures (excluding prefabricated buildings of heading no. 9406) and parts of structures, doors, windows and their frames and thresholds for doorsHS6 761010 - six-digit product code$41.5M15.1%1.1Watch
9Aluminium: structures (excluding prefabricated buildings of heading no. 9406) and parts of structures, n.e.c. in heading no. 7610, plates, rods, profiles, tubes and the likeHS6 761090 - six-digit product code$79.4M34.3%1.2Watch
10Wood: 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, hoopwoodHS6 440410 - six-digit product code$14.6M41.6%0.9Watch

Buyer-market imports are total imports of that product into the buyer market, not only exports from Latvia. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets1,955 kmApproximate route distance
Trade agreement (FTA)YesReported agreement coverage
Average import tariff1.8%Average tax applied to imports
Buyer economy size$498.6B2024 gross domestic product
Buyer GDP per person$99.2KCurrent-dollar measure
Buyer economy outlookResilientAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageNoReported common official language
Similar legal systemNoReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time11 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

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.

How much did Latvia export to Ireland?

Latvia reported $60.2M in goods exports to Ireland in 2024.

What does "exports needing review" mean?

23.5% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

An HS6 code is the international six-digit code used to describe and compare traded goods.

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.