{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:20.029Z", "seo": { "title": "Latvia exports to the Philippines: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Latvia to the Philippines, 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": "PHL", "country_name": "Philippines" }, "latestYear": 2024, "risk": { "exporter_iso3": "LVA", "importer_iso3": "PHL", "all_history_lane_count": 26, "current_lane_count": 9, "current_product_count": 9, "first_observed_last_year": 1996, "latest_data_year": 2024, "current_trade_usd": 2656385.6452512587, "attention_trade_usd": 1833071.4051026693, "critical_trade_usd": 0, "high_volatility_trade_usd": 0, "unrecovered_drawdown_trade_usd": 435919.3186254454, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 155232.38741775908, "access_friction_trade_usd": 2656385.6452512587, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 1, "high_volatility_lane_count": 0, "unrecovered_drawdown_lane_count": 1, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 2, "access_friction_lane_count": 9, "trade_weighted_volatility_cv": 0.6115081568412413, "trade_weighted_below_peak_pct": 9.815817691363982, "product_concentration_hhi": 5086.1160227960645, "top1_product_share_pct": 69.00622311295788, "top3_product_share_pct": 91.13369594518133, "top_product_hs6": "400219", "top_product_trade_usd": 1833071.4051026693, "top_product_description": "Rubber: synthetic, styrene-butadiene rubber (SBR) and carboxylated styrene-butadiene rubber (XSBR), (other than latex), in primary forms or in plates, sheets or strip", "top_attention_product_hs6": "400219", "top_attention_product_reason": "The lane has limited historical coverage", "distance_km": 9066.912109375, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.21449999511241913, "has_reported_fta": 0, "avg_applied_tariff_pct": 10.047431794636017, "avg_mfn_tariff_pct": 10.047431794636017, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 33, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 394086.419343, "buyer_gdp_pc_latest": 3549, "buyer_population_latest": 111046.913, "buyer_gdp_5y_cagr_pct": 4.14271163092057, "buyer_gdp_pc_5y_cagr_pct": 3.220520105972713, "buyer_population_5y_cagr_pct": 0.893418793085976, "buyer_investment_5y_avg_pct": 21.322000000000003, "buyer_savings_5y_avg_pct": 15.036000000000001, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 69.00622311295788, "critical_trade_share_pct": 0, "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets", "market_access_friction" ], "attention_level": "High attention", "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction", "buyer_gdp_mn_2024": 394086.419343, "buyer_gdp_pc_2024": 3549, "buyer_population_2024": 111046.913 }, "history": [ { "year": 1995, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 1826572.873233034, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 5648765.237986368, "yoy_growth_pct": 209.25485212030185, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 6708616.482454724, "yoy_growth_pct": 18.7625295054068, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 89225.50255787883, "yoy_growth_pct": -98.66998653461212, "cagr_3y_pct": -63.44467356992648 }, { "year": 2000, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 2231.6441395528104, "yoy_growth_pct": -97.49887187454597, "cagr_3y_pct": -92.66234752438837 }, { "year": 2001, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 737.5806679352422, "yoy_growth_pct": -66.94900164131712, "cagr_3y_pct": -95.20937488671927 }, { "year": 2002, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 3757.839204271039, "yoy_growth_pct": 409.48179197681577, "cagr_3y_pct": -65.20770609061846 }, { "year": 2003, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 1999.6538941146282, "yoy_growth_pct": -46.78713522808836, "cagr_3y_pct": -3.5926903653422992 }, { "year": 2004, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 19610.467936476027, "yoy_growth_pct": 880.6931086521253, "cagr_3y_pct": 198.46458786407663 }, { "year": 2005, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 73823.72628220568, "yoy_growth_pct": 276.4506105685089, "cagr_3y_pct": 169.82732208905293 }, { "year": 2006, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 45827.277080241074, "yoy_growth_pct": -37.92337587368956, "cagr_3y_pct": 184.04669477457395 }, { "year": 2007, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 12571.246161291934, "yoy_growth_pct": -72.5682018172706, "cagr_3y_pct": -13.77561119348697 }, { "year": 2008, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 303887.8789791592, "yoy_growth_pct": 2317.325021562771, "cagr_3y_pct": 60.265166270875106 }, { "year": 2009, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 12088.39424431063, "yoy_growth_pct": -96.02208739456184, "cagr_3y_pct": -35.867005183842814 }, { "year": 2010, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 80148.32430191296, "yoy_growth_pct": 563.01878216484, "cagr_3y_pct": 85.42660155277974 }, { "year": 2011, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 115741.39161140074, "yoy_growth_pct": 44.40899746750946, "cagr_3y_pct": -27.513281319191453 }, { "year": 2012, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 100568.63909699462, "yoy_growth_pct": -13.109184452653134, "cagr_3y_pct": 102.6273132683698 }, { "year": 2013, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 341240.3537523258, "yoy_growth_pct": 239.3108993184371, "cagr_3y_pct": 62.077219993037104 }, { "year": 2014, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 437716.57702535036, "yoy_growth_pct": 28.27221992128386, "cagr_3y_pct": 55.80023133675971 }, { "year": 2015, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 936593.2859565568, "yoy_growth_pct": 113.97254184922359, "cagr_3y_pct": 110.39212930081624 }, { "year": 2016, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 5115415.585184241, "yoy_growth_pct": 446.1725662446736, "cagr_3y_pct": 146.56996845401346 }, { "year": 2017, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 2956144.6639217995, "yoy_growth_pct": -42.21105568658644, "cagr_3y_pct": 89.02136552980994 }, { "year": 2018, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 1961967.015083558, "yoy_growth_pct": -33.63088623407576, "cagr_3y_pct": 27.951943577446393 }, { "year": 2019, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 1849698.6666595775, "yoy_growth_pct": -5.722234245574153, "cagr_3y_pct": -28.757357393234063 }, { "year": 2020, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 906770.3137356241, "yoy_growth_pct": -50.97740350469161, "cagr_3y_pct": -32.55902036751818 }, { "year": 2021, "exporter_iso3": "LVA", "importer_iso3": "PHL", "export_value_usd": 1517291.038604668, "yoy_growth_pct": 67.3291478140567, "cagr_3y_pct": -8.210628314502898 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