{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:17.390Z", "seo": { "title": "Latvia exports to the United States: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Latvia to the United States, 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": "USA", "country_name": "United States" }, "latestYear": 2024, "risk": { "exporter_iso3": "LVA", "importer_iso3": "USA", "all_history_lane_count": 219, "current_lane_count": 116, "current_product_count": 116, "first_observed_last_year": 1995, "latest_data_year": 2024, "current_trade_usd": 433442420.75232995, "attention_trade_usd": 215533094.43922427, "critical_trade_usd": 22642969.565636, "high_volatility_trade_usd": 286410420.6708953, "unrecovered_drawdown_trade_usd": 51649259.71379643, "declining_demand_trade_usd": 288752.9714852602, "concentrated_market_trade_usd": 211060175.90241808, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 1, "high_attention_lane_count": 22, "high_volatility_lane_count": 74, "unrecovered_drawdown_lane_count": 23, "declining_demand_lane_count": 1, "concentrated_market_lane_count": 40, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.245987892019192, "trade_weighted_below_peak_pct": 24.86807823806329, "product_concentration_hhi": 667.0300915379453, "top1_product_share_pct": 19.124582325147742, "top3_product_share_pct": 37.15227420491626, "top_product_hs6": "441012", "top_product_trade_usd": 82894052.58889261, "top_product_description": "Oriented strand board (OSB) of wood, whether or not agglomerated with resins or other organic binding substances", "top_attention_product_hs6": "441012", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": 6759.19775390625, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.3780284821987152, "has_reported_fta": 0, "avg_applied_tariff_pct": 2.255160736896552, "avg_mfn_tariff_pct": 3.9979416618007657, "avg_preferential_tariff_pct": 1.3171297500229886, "tariff_advantage_pp": 2.680811911777777, "buyer_biz_entry_days": 4.2, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 22996100, "buyer_gdp_pc_latest": 69288, "buyer_population_latest": 331893.738, "buyer_gdp_5y_cagr_pct": 6.1023377268677015, "buyer_gdp_pc_5y_cagr_pct": 5.47830267128826, "buyer_population_5y_cagr_pct": 0.5916240968762754, "buyer_investment_5y_avg_pct": 22.094, "buyer_savings_5y_avg_pct": 17.618, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 49.72588840407487, "critical_trade_share_pct": 5.223985581829853, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "declining_buyer_demand", "concentrated_buyer_markets" ], "attention_level": "Watch", "primary_risk_reason": "Volatile products account for the largest observed corridor exposure", "buyer_gdp_mn_2024": 22996100, "buyer_gdp_pc_2024": 69288, "buyer_population_2024": 331893.738 }, "history": [ { "year": 1995, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 84078242.47101562, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 95208084.63538525, "yoy_growth_pct": 13.237481942140295, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 141506602.23905697, "yoy_growth_pct": 48.62876695921297, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 107578035.72017339, "yoy_growth_pct": -23.976666800016645, "cagr_3y_pct": 8.562539826607729 }, { "year": 1999, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 223618663.90752634, "yoy_growth_pct": 107.86646866205297, "cagr_3y_pct": 32.92645007910537 }, { "year": 2000, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 244084342.55199826, "yoy_growth_pct": 9.152044058779962, "cagr_3y_pct": 19.928132986925327 }, { "year": 2001, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 126811259.421265, "yoy_growth_pct": -48.0461310646135, "cagr_3y_pct": 5.635867181360288 }, { "year": 2002, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 184642143.59724355, "yoy_growth_pct": 45.60390334415436, "cagr_3y_pct": -6.184572542378975 }, { "year": 2003, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 334452467.7613017, "yoy_growth_pct": 81.1354987791068, "cagr_3y_pct": 11.070355304944934 }, { "year": 2004, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 328336677.76379055, "yoy_growth_pct": -1.8285976594665132, "cagr_3y_pct": 37.31580521142561 }, { "year": 2005, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 315602224.6365813, "yoy_growth_pct": -3.8784741363468878, "cagr_3y_pct": 19.564726328896718 }, { "year": 2006, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 253760361.97161162, "yoy_growth_pct": -19.594875396135482, "cagr_3y_pct": -8.792659275021142 }, { "year": 2007, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 291817247.7149842, "yoy_growth_pct": 14.997175070088375, "cagr_3y_pct": -3.854155331512754 }, { "year": 2008, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 227515827.1939394, "yoy_growth_pct": -22.034825228647048, "cagr_3y_pct": -10.334814215160403 }, { "year": 2009, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 136984054.26843712, "yoy_growth_pct": -39.79141760908398, "cagr_3y_pct": -18.576691818809554 }, { "year": 2010, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 175450691.4065829, "yoy_growth_pct": 28.08110574882363, "cagr_3y_pct": -15.59891253845146 }, { "year": 2011, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 289660501.02627885, "yoy_growth_pct": 65.09510376053771, "cagr_3y_pct": 8.382514176811195 }, { "year": 2012, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 203906834.7353482, "yoy_growth_pct": -29.60488778659912, "cagr_3y_pct": 14.179268358132479 }, { "year": 2013, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 230654343.89432827, "yoy_growth_pct": 13.117514767808448, "cagr_3y_pct": 9.547427801898433 }, { "year": 2014, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 223467967.9810817, "yoy_growth_pct": -3.1156473326766965, "cagr_3y_pct": -8.28465568973239 }, { "year": 2015, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 246239878.07966024, "yoy_growth_pct": 10.190234557691213, "cagr_3y_pct": 6.4900100736028365 }, { "year": 2016, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 278473533.6665341, "yoy_growth_pct": 13.090347444229188, "cagr_3y_pct": 6.4814841902759435 }, { "year": 2017, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 399641989.46202284, "yoy_growth_pct": 43.51165951037388, "cagr_3y_pct": 21.381344612272034 }, { "year": 2018, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 675304549.6891668, "yoy_growth_pct": 68.97737662607138, "cagr_3y_pct": 39.97391058539517 }, { "year": 2019, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 739030834.7779326, "yoy_growth_pct": 9.436673441352973, "cagr_3y_pct": 38.44997374349253 }, { "year": 2020, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 464830633.08980644, "yoy_growth_pct": -37.102674040727834, "cagr_3y_pct": 5.165803159406379 }, { "year": 2021, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 603563011.0835965, "yoy_growth_pct": 29.845790728466604, "cagr_3y_pct": -3.674564703495431 }, { "year": 2022, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 707055788.4925381, "yoy_growth_pct": 17.146971485733964, "cagr_3y_pct": -1.4635206702206527 }, { "year": 2023, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 591115168.0083982, "yoy_growth_pct": -16.39766230205518, "cagr_3y_pct": 8.34090377958523 }, { "year": 2024, "exporter_iso3": "LVA", "importer_iso3": "USA", "export_value_usd": 599059169.6148297, "yoy_growth_pct": 1.3439008227781768, "cagr_3y_pct": -0.24935760642066374 } ], "riskLanes": [ { "exporter_iso3": "LVA", "importer_iso3": "USA", "hs_code": "441012", "hs_description": "Oriented strand board (OSB) of wood, whether or not agglomerated with resins or other organic binding substances", "buyer_imports_latest_usd": 2137412963.6874914, "current_below_peak_pct": 22.570343069499515, "lane_volatility_cv": 1.14135750149677, "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": "USA", "hs_code": "220860", "hs_description": "Vodka", "buyer_imports_latest_usd": 1094743535.1238046, "current_below_peak_pct": 49.678324687364565, "lane_volatility_cv": 0.9008875311971376, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "LVA", "importer_iso3": "USA", "hs_code": "901310", "hs_description": "Optical appliances and instruments: telescopic sights for fitting to arms: periscopes: telescopes designed to form parts of machines, appliances, instruments or apparatus of this chapter", "buyer_imports_latest_usd": 455328667.7993951, "current_below_peak_pct": 0, "lane_volatility_cv": 1.373163665836495, "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": "USA", "hs_code": "440712", "hs_description": "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", "buyer_imports_latest_usd": 4990070835.996568, "current_below_peak_pct": 62.6933960137388, "lane_volatility_cv": 2.0634760392133686, "attention_level": "Critical attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "LVA", "importer_iso3": "USA", "hs_code": "440711", "hs_description": "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", "buyer_imports_latest_usd": 994039557.1475132, "current_below_peak_pct": 42.926522757063914, "lane_volatility_cv": 1.8814822660801702, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "LVA", "importer_iso3": "USA", "hs_code": "270300", "hs_description": "Peat: (including peat litter), whether or not agglomerated", "buyer_imports_latest_usd": 448583800.481161, "current_below_peak_pct": 3.514934852792842, "lane_volatility_cv": 0.6659199580857288, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "LVA", "importer_iso3": "USA", "hs_code": "844010", "hs_description": "Book-binding machinery: including book-sewing machines", "buyer_imports_latest_usd": 149862968.7750864, "current_below_peak_pct": 3.1349995818866794, "lane_volatility_cv": 0.6936924636651779, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "LVA", "importer_iso3": "USA", "hs_code": "382200", "hs_description": "Reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material", "buyer_imports_latest_usd": 6163428857.889275, "current_below_peak_pct": 39.632984980875364, "lane_volatility_cv": 2.5984775281373174, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "LVA", "importer_iso3": "USA", "hs_code": "030471", "hs_description": "Fish fillets: frozen, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus)", "buyer_imports_latest_usd": 450860081.57518107, "current_below_peak_pct": 43.092268811941814, "lane_volatility_cv": 1.50875182018649, "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": "USA", "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": 1216159120.125774, "current_below_peak_pct": 10.904516207603214, "lane_volatility_cv": 0.961973030087829, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] } ], "accessProfile": { "year": 2024, "exporter_iso3": "LVA", "importer_iso3": "USA", "distance_km": 6775, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 1, "importer_is_eu": 0, "importer_gdp_million_usd": 22996100, "importer_gdp_per_capita_usd": 69287.53804930179, "importer_population": 331893.738, "importer_biz_entry_days": 4.2, "importer_biz_entry_cost_pct": 1, "exporter_gdp_million_usd": 38872.546229, "exporter_gdp_per_capita_usd": 20642.167922356122, "avg_applied_tariff_pct": 2.255160736896552, "avg_mfn_tariff_pct": 3.9979416618007657, "avg_preferential_tariff_pct": 1.3171297500229886, "tariff_advantage_pp": 2.680811911777777 }, "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-USA/risk", "html": "https://www.yugalinks.com/trade/corridor/LVA-USA/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/LVA-USA/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/LVA-USA/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/LVA-USA/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" } }