{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:20.509Z", "seo": { "title": "World excl. Intra-EU exports to Latvia: Trade Route Risk | Yugalinks", "description": "Understand reported exports from World excl. Intra-EU 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": "WXD", "country_name": "World excl. Intra-EU" }, "importer": { "iso3": "LVA", "country_name": "Latvia" }, "latestYear": 2024, "risk": { "exporter_iso3": "WXD", "importer_iso3": "LVA", "all_history_lane_count": 9, "current_lane_count": 4, "current_product_count": 4, "first_observed_last_year": 1999, "latest_data_year": 2024, "current_trade_usd": 6204627.4205053495, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 5657256.395498737, "unrecovered_drawdown_trade_usd": 547371.0250066132, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 325705.1249086579, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "high_volatility_lane_count": 2, "unrecovered_drawdown_lane_count": 2, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 1, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.3577363900687702, "trade_weighted_below_peak_pct": 7.014521225030597, "product_concentration_hhi": 4881.6458585062155, "top1_product_share_pct": 64.0905061949262, "top3_product_share_pct": 96.42740997847214, "top_product_hs6": "030354", "top_product_trade_usd": 3976577.1213110704, "top_product_description": "Fish: frozen, mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": null, "shares_land_border": null, "shares_official_language": null, "common_spoken_language_score": null, "has_reported_fta": null, "avg_applied_tariff_pct": null, "avg_mfn_tariff_pct": null, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": null, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": null, "buyer_gdp_pc_latest": null, "buyer_population_latest": null, "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": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "Stable", "primary_risk_reason": "Volatile products account for the largest observed corridor exposure", "buyer_gdp_mn_2024": null, "buyer_gdp_pc_2024": null, "buyer_population_2024": null }, "history": [ { "year": 1995, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 33038.105658716035, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 3442889.828554196, "yoy_growth_pct": 10320.966214344377, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 2097195.2767551416, "yoy_growth_pct": -39.08619266984108, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 89994.71064204052, "yoy_growth_pct": -95.70880634533549, "cagr_3y_pct": 39.6584707986585 }, { "year": 1999, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 103837.67460784432, "yoy_growth_pct": 15.381975081696787, "cagr_3y_pct": -68.87252143652174 }, { "year": 2000, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 15376.764773318042, "yoy_growth_pct": -85.19153589350852, "cagr_3y_pct": -80.57286760211116 }, { "year": 2001, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 134755.03411701653, "yoy_growth_pct": 776.3549166782155, "cagr_3y_pct": 14.404385081729876 }, { "year": 2002, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 124226.15190899887, "yoy_growth_pct": -7.813349814356285, "cagr_3y_pct": 6.1579914501500355 }, { "year": 2003, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 504765.9064941464, "yoy_growth_pct": 306.32821570767936, "cagr_3y_pct": 220.19043016249853 }, { "year": 2004, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 154798.27803342583, "yoy_growth_pct": -69.33265974546936, "cagr_3y_pct": 4.73062830709392 }, { "year": 2005, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 213086.47136880597, "yoy_growth_pct": 37.65429052304696, "cagr_3y_pct": 19.705548712694785 }, { "year": 2006, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 825752.5185306164, "yoy_growth_pct": 287.51991772458416, "cagr_3y_pct": 17.829300042430752 }, { "year": 2007, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 1052826.3183950682, "yoy_growth_pct": 27.499013901709656, "cagr_3y_pct": 89.46552713894683 }, { "year": 2008, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 856176.9764299166, "yoy_growth_pct": -18.678231967540903, "cagr_3y_pct": 58.97758268897597 }, { "year": 2009, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 96209.45276009523, "yoy_growth_pct": -88.76290119815309, "cagr_3y_pct": -51.15846785926506 }, { "year": 2010, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 136530.78363331634, "yoy_growth_pct": 41.90994722084647, "cagr_3y_pct": -49.38359652107148 }, { "year": 2011, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 230934.99865372496, "yoy_growth_pct": 69.14500342571243, "cagr_3y_pct": -35.388661651789356 }, { "year": 2012, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 444224.99582017754, "yoy_growth_pct": 92.35932119854637, "cagr_3y_pct": 66.51821591550286 }, { "year": 2013, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 309730.2276034261, "yoy_growth_pct": -30.27627204282647, "cagr_3y_pct": 31.396663120073455 }, { "year": 2014, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 783008.3568283531, "yoy_growth_pct": 152.80333885619496, "cagr_3y_pct": 50.230765558697165 }, { "year": 2015, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 178278.579483315, "yoy_growth_pct": -77.23158661991187, "cagr_3y_pct": -26.23810633651682 }, { "year": 2016, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 456901.4113286927, "yoy_growth_pct": 156.28508632550208, "cagr_3y_pct": 13.83600235234037 }, { "year": 2017, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 3040434.956465484, "yoy_growth_pct": 565.4466108178007, "cagr_3y_pct": 57.1772815866846 }, { "year": 2018, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 5636545.813823305, "yoy_growth_pct": 85.38616660215644, "cagr_3y_pct": 216.2068633011454 }, { "year": 2019, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 5771060.917300455, "yoy_growth_pct": 2.386481152113751, "cagr_3y_pct": 132.88653878636998 }, { "year": 2020, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 5544398.824185882, "yoy_growth_pct": -3.9275636899809396, "cagr_3y_pct": 22.172346502338414 }, { "year": 2021, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 4422121.5988783, "yoy_growth_pct": -20.24163955182955, "cagr_3y_pct": -7.769928264632542 }, { "year": 2022, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 2379547.6821851134, "yoy_growth_pct": -46.189908418875206, "cagr_3y_pct": -25.570302990672488 }, { "year": 2023, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 5755343.5920728, "yoy_growth_pct": 141.8671260576602, "cagr_3y_pct": 1.2524633188923273 }, { "year": 2024, "exporter_iso3": "WXD", "importer_iso3": "LVA", "export_value_usd": 8457440.59421367, "yoy_growth_pct": 46.94936034509982, "cagr_3y_pct": 24.127904882017837 } ], "riskLanes": [ { "exporter_iso3": "WXD", "importer_iso3": "LVA", "hs_code": "030354", "hs_description": "Fish: frozen, mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99", "buyer_imports_latest_usd": 22042993.107412465, "current_below_peak_pct": 0, "lane_volatility_cv": 1.4105848505983758, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "WXD", "importer_iso3": "LVA", "hs_code": "030499", "hs_description": "Fish: fish meat (whether or not minced) other than fillets, frozen, excluding swordfish (Xiphias gladius) and toothfish (Dissostichus spp.)", "buyer_imports_latest_usd": 11826416.277318329, "current_below_peak_pct": 0, "lane_volatility_cv": 1.4345437813092636, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "WXD", "importer_iso3": "LVA", "hs_code": "030363", "hs_description": "Fish: frozen, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99", "buyer_imports_latest_usd": 24288281.081684254, "current_below_peak_pct": 88.54333258983887, "lane_volatility_cv": 0.6035936127767553, "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": "WXD", "importer_iso3": "LVA", "hs_code": "842240", "hs_description": "Machinery: for packing or wrapping", "buyer_imports_latest_usd": 10150800.267147807, "current_below_peak_pct": 66.24146306243138, "lane_volatility_cv": 0.9354052959192634, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "WXD", "importer_iso3": "LVA", "distance_km": null, "shares_land_border": null, "shares_official_language": null, "shares_ethnic_language": null, "shared_religion": null, "shared_legal_system": null, "shared_colonial_history": null, "has_fta": null, "rta_coverage_ratio": null, "exporter_is_wto": null, "importer_is_wto": null, "exporter_is_eu": null, "importer_is_eu": null, "importer_gdp_million_usd": null, "importer_gdp_per_capita_usd": null, "importer_population": null, "importer_biz_entry_days": null, "importer_biz_entry_cost_pct": null, "exporter_gdp_million_usd": null, "exporter_gdp_per_capita_usd": null, "avg_applied_tariff_pct": null, "avg_mfn_tariff_pct": null, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, "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/WXD-LVA/risk", "html": "https://www.yugalinks.com/trade/corridor/WXD-LVA/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/WXD-LVA/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/WXD-LVA/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/WXD-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" } }