{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:19.219Z",
  "seo": {
    "title": "Portugal exports to Latvia: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Portugal to Latvia, 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": "PRT",
    "country_name": "Portugal"
  },
  "importer": {
    "iso3": "LVA",
    "country_name": "Latvia"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "PRT",
    "importer_iso3": "LVA",
    "all_history_lane_count": 99,
    "current_lane_count": 73,
    "current_product_count": 73,
    "first_observed_last_year": 1997,
    "latest_data_year": 2024,
    "current_trade_usd": 39823750.852880225,
    "attention_trade_usd": 25805266.137060758,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 11163868.429546535,
    "unrecovered_drawdown_trade_usd": 6643993.518236246,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 27627434.52389798,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 3,
    "high_volatility_lane_count": 49,
    "unrecovered_drawdown_lane_count": 22,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 11,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.9231432852194907,
    "trade_weighted_below_peak_pct": 21.940150229573277,
    "product_concentration_hhi": 3149.5579616010937,
    "top1_product_share_pct": 54.76036671999226,
    "top3_product_share_pct": 69.58084551830838,
    "top_product_hs6": "292141",
    "top_product_trade_usd": 21807632.008693255,
    "top_product_description": "Amine-function compounds: aromatic monoamines and their derivatives, aniline and its salts",
    "top_attention_product_hs6": "292141",
    "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers",
    "distance_km": 3152.138916015625,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.13188910484313965,
    "has_reported_fta": 1,
    "avg_applied_tariff_pct": 2.009065065670498,
    "avg_mfn_tariff_pct": 2.009065065670498,
    "avg_preferential_tariff_pct": 0,
    "tariff_advantage_pp": 2.009065065670498,
    "buyer_biz_entry_days": 5.5,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 38872.546229,
    "buyer_gdp_pc_latest": 20642,
    "buyer_population_latest": 1883.162,
    "buyer_gdp_5y_cagr_pct": 5.70625543435308,
    "buyer_gdp_pc_5y_cagr_pct": 6.2411828687114035,
    "buyer_population_5y_cagr_pct": -0.5035028977598777,
    "buyer_investment_5y_avg_pct": 28.971999999999998,
    "buyer_savings_5y_avg_pct": 22.518,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 64.79868315868195,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 38872.546229,
    "buyer_gdp_pc_2024": 20642,
    "buyer_population_2024": 1883.162
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 602362.7102448635,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 1094760.4465807462,
      "yoy_growth_pct": 81.74439220112421,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 1799473.1087620591,
      "yoy_growth_pct": 64.37140329487923,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 3476727.533089774,
      "yoy_growth_pct": 93.20808497558355,
      "cagr_3y_pct": 79.3786946925557
    },
    {
      "year": 1999,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 2411842.030943436,
      "yoy_growth_pct": -30.628960481121524,
      "cagr_3y_pct": 30.119760050473676
    },
    {
      "year": 2000,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 3309997.663505234,
      "yoy_growth_pct": 37.23940544358404,
      "cagr_3y_pct": 22.525770455096648
    },
    {
      "year": 2001,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 4283211.846996008,
      "yoy_growth_pct": 29.40226194782738,
      "cagr_3y_pct": 7.201196517475439
    },
    {
      "year": 2002,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 7910208.960826416,
      "yoy_growth_pct": 84.67937714484444,
      "cagr_3y_pct": 48.57521440328023
    },
    {
      "year": 2003,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 7191730.152039838,
      "yoy_growth_pct": -9.08293083463012,
      "cagr_3y_pct": 29.519521737472143
    },
    {
      "year": 2004,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 14865093.402705992,
      "yoy_growth_pct": 106.69704074602558,
      "cagr_3y_pct": 51.40237775972511
    },
    {
      "year": 2005,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 16748440.345189521,
      "yoy_growth_pct": 12.669593735217921,
      "cagr_3y_pct": 28.40900225483274
    },
    {
      "year": 2006,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 28146649.01299662,
      "yoy_growth_pct": 68.05534385821714,
      "cagr_3y_pct": 57.590888719689026
    },
    {
      "year": 2007,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 33030907.55766575,
      "yoy_growth_pct": 17.35289533902895,
      "cagr_3y_pct": 30.49212037131719
    },
    {
      "year": 2008,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 26697438.97384048,
      "yoy_growth_pct": -19.17437046732133,
      "cagr_3y_pct": 16.81494546897122
    },
    {
      "year": 2009,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 9508021.458599113,
      "yoy_growth_pct": -64.38601669652448,
      "cagr_3y_pct": -30.355340636806083
    },
    {
      "year": 2010,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 12567024.652273577,
      "yoy_growth_pct": 32.17286800407757,
      "cagr_3y_pct": -27.539056128247054
    },
    {
      "year": 2011,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 15463834.657362983,
      "yoy_growth_pct": 23.050881853449102,
      "cagr_3y_pct": -16.641632965424712
    },
    {
      "year": 2012,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 19363939.663283713,
      "yoy_growth_pct": 25.220814192188268,
      "cagr_3y_pct": 26.75580445083421
    },
    {
      "year": 2013,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 23303795.599894926,
      "yoy_growth_pct": 20.346355158716168,
      "cagr_3y_pct": 22.856479171415913
    },
    {
      "year": 2014,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 34793726.74723379,
      "yoy_growth_pct": 49.30497737197228,
      "cagr_3y_pct": 31.03719370133724
    },
    {
      "year": 2015,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 24009822.10436743,
      "yoy_growth_pct": -30.993818860532706,
      "cagr_3y_pct": 7.43152497084032
    },
    {
      "year": 2016,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 20720888.36788995,
      "yoy_growth_pct": -13.698284486161272,
      "cagr_3y_pct": -3.840122174850058
    },
    {
      "year": 2017,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 24094935.82828621,
      "yoy_growth_pct": 16.283314694291008,
      "cagr_3y_pct": -11.527504944453115
    },
    {
      "year": 2018,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 32776784.539445817,
      "yoy_growth_pct": 36.031839939443074,
      "cagr_3y_pct": 10.932585368248905
    },
    {
      "year": 2019,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 43044687.53002229,
      "yoy_growth_pct": 31.326755003131513,
      "cagr_3y_pct": 27.596000857435186
    },
    {
      "year": 2020,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 34771939.97891155,
      "yoy_growth_pct": -19.218974572276238,
      "cagr_3y_pct": 13.005881957526345
    },
    {
      "year": 2021,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 43098383.82886417,
      "yoy_growth_pct": 23.945870880377782,
      "cagr_3y_pct": 9.554834245736066
    },
    {
      "year": 2022,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 51158144.8296226,
      "yoy_growth_pct": 18.700842780467752,
      "cagr_3y_pct": 5.924984514354237
    },
    {
      "year": 2023,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 64745322.13508647,
      "yoy_growth_pct": 26.55916736370072,
      "cagr_3y_pct": 23.024938962287656
    },
    {
      "year": 2024,
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "export_value_usd": 65284099.96671774,
      "yoy_growth_pct": 0.8321494339114555,
      "cagr_3y_pct": 14.845895597305248
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "hs_code": "292141",
      "hs_description": "Amine-function compounds: aromatic monoamines and their derivatives, aniline and its salts",
      "buyer_imports_latest_usd": 22086162.84032573,
      "current_below_peak_pct": 9.311538688680152,
      "lane_volatility_cv": 0.6702202955908233,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "hs_code": "220421",
      "hs_description": "Wine: still, in containers holding 2 litres or less",
      "buyer_imports_latest_usd": 109140819.33258931,
      "current_below_peak_pct": 40.20300233645132,
      "lane_volatility_cv": 1.377717873152465,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "hs_code": "870322",
      "hs_description": "Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc",
      "buyer_imports_latest_usd": 176090857.01437858,
      "current_below_peak_pct": 68.35575052398626,
      "lane_volatility_cv": 0.9179753662869005,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "hs_code": "870332",
      "hs_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 1500cc but not exceeding 2500cc",
      "buyer_imports_latest_usd": 199423265.78628504,
      "current_below_peak_pct": 62.38798685281286,
      "lane_volatility_cv": 1.5864976063863871,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "hs_code": "481810",
      "hs_description": "Paper: toilet paper",
      "buyer_imports_latest_usd": 24175122.03710375,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.1037636382543554,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "hs_code": "871000",
      "hs_description": "Tanks and other armoured fighting vehicles: motorised, whether or not fitted with weapons, and parts of such vehicles",
      "buyer_imports_latest_usd": 48689064.173483126,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "hs_code": "854231",
      "hs_description": "Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits",
      "buyer_imports_latest_usd": 77180059.80063172,
      "current_below_peak_pct": 83.52198714388649,
      "lane_volatility_cv": 1.651656338265206,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "hs_code": "481820",
      "hs_description": "Paper articles: handkerchiefs, cleansing or facial tissues and towels",
      "buyer_imports_latest_usd": 25825991.867849633,
      "current_below_peak_pct": 3.009726176390713,
      "lane_volatility_cv": 0.5322763481199909,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "hs_code": "480257",
      "hs_description": "Uncoated paper and paperboard (not 4801 or 4803): printing, writing or graphic, 10% or less by weight of mechanical or chemi-mechanical processed fibre, weight 40-150g/m2, n.e.c. in item no. 4802.55 or 4802.56",
      "buyer_imports_latest_usd": 16617240.87301996,
      "current_below_peak_pct": 80.53808607354168,
      "lane_volatility_cv": 0.8069395528690835,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "LVA",
      "hs_code": "852580",
      "hs_description": "Television cameras, digital cameras and video camera recorders",
      "buyer_imports_latest_usd": 75112587.92862374,
      "current_below_peak_pct": 22.537418179524156,
      "lane_volatility_cv": 1.9846260835005083,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "PRT",
    "importer_iso3": "LVA",
    "distance_km": 3156,
    "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": 1,
    "rta_coverage_ratio": 2,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 1,
    "importer_is_eu": 1,
    "importer_gdp_million_usd": 38872.546229,
    "importer_gdp_per_capita_usd": 20642.167922356122,
    "importer_population": 1883.162,
    "importer_biz_entry_days": 5.5,
    "importer_biz_entry_cost_pct": 1.5,
    "exporter_gdp_million_usd": 249886.46435499997,
    "exporter_gdp_per_capita_usd": 24262.180935281518,
    "avg_applied_tariff_pct": 2.009065065670498,
    "avg_mfn_tariff_pct": 2.009065065670498,
    "avg_preferential_tariff_pct": 0,
    "tariff_advantage_pp": 2.009065065670498
  },
  "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/PRT-LVA/risk",
    "html": "https://www.yugalinks.com/trade/corridor/PRT-LVA/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/PRT-LVA/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/PRT-LVA/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/PRT-LVA/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"
  }
}