{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/lva/401031",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/401031",
    "exporter": "https://www.yugalinks.com/trade/exporter/lva/401031",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "401031",
    "exporter_iso3": "LVA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 73,
    "current_lane_count": 33,
    "active_market_count": 33,
    "exports_latest_observed_lanes_usd": 414233.50145085144,
    "exports_current_2024_usd": 404817.1766026637,
    "exports_avg_3y_usd": 337899.2091866698,
    "exports_avg_5y_usd": 393432.5305365375,
    "exports_avg_10y_usd": 473795.5483819507,
    "exports_cagr_3y_pct": -9.170663302130212,
    "exports_cagr_5y_pct": -0.6869370625070426,
    "exports_cagr_10y_pct": -1.0414679636063129,
    "exports_all_year_lane_avg_usd": 275525.9556639778,
    "exports_historical_lane_peak_usd": 1460920.3777156689,
    "historical_peak_year": 2017,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": -8.1291953385239,
    "trend_label": "Declining",
    "top_market_iso3": "EST",
    "top_market_exports_usd": 129869.92377479842,
    "top_market_share_pct": 31.351863941455594,
    "destination_hhi": 1734.4990034885943,
    "weighted_share_latest_pct": 4.448111452030636,
    "weighted_share_change_1y_pp": -0.07439574488392192,
    "weighted_volatility_cv": 1.5880284422749684,
    "weighted_max_drawdown_pct": 87.6961564197143,
    "limited_history_lane_share_pct": 54.794520547945204,
    "data_freshness_years": 0,
    "coverage_score": 86.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:19",
    "source": "api",
    "product": {
      "hs_code": 401031,
      "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm",
      "hs_chapter": 40,
      "hs_heading": 4010,
      "substitution_elasticity": -8.5821295,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm",
    "hs_chapter": 40,
    "hs_heading": 4010,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "LVA",
      "hs_code": 401031,
      "num_markets": 59,
      "highest_price_importer_iso3": "ARM",
      "highest_price_usd_per_ton": 1744750,
      "lowest_price_importer_iso3": "UZB",
      "lowest_price_usd_per_ton": 2974.534161490683,
      "median_price_across_markets": 51886.79245283019,
      "price_spread_pct": 3356.8763523433095,
      "avg_quantity_metric_tons": 0.3015633802816901,
      "total_trade_value_usd": 2084030
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 58038.92201764197,
        "active_destinations": 14,
        "yoy_growth_pct": 139.1668373461865
      },
      {
        "year": 2011,
        "export_value_usd": 205444.37377553948,
        "active_destinations": 12,
        "yoy_growth_pct": 253.97689452793588
      },
      {
        "year": 2012,
        "export_value_usd": 83637.00191725133,
        "active_destinations": 17,
        "yoy_growth_pct": -59.28970923845797
      },
      {
        "year": 2013,
        "export_value_usd": 222433.01219339645,
        "active_destinations": 20,
        "yoy_growth_pct": 165.9504849462047
      },
      {
        "year": 2014,
        "export_value_usd": 449496.68032267323,
        "active_destinations": 18,
        "yoy_growth_pct": 102.08182045021903
      },
      {
        "year": 2015,
        "export_value_usd": 542782.9108815895,
        "active_destinations": 20,
        "yoy_growth_pct": 20.753485986136837
      },
      {
        "year": 2016,
        "export_value_usd": 670343.8547736445,
        "active_destinations": 23,
        "yoy_growth_pct": 23.501282250185458
      },
      {
        "year": 2017,
        "export_value_usd": 733390.0102295963,
        "active_destinations": 28,
        "yoy_growth_pct": 9.405047127230047
      },
      {
        "year": 2018,
        "export_value_usd": 405263.4866213964,
        "active_destinations": 26,
        "yoy_growth_pct": -44.7410680581095
      },
      {
        "year": 2019,
        "export_value_usd": 419012.56863059354,
        "active_destinations": 32,
        "yoy_growth_pct": 3.392627873737307
      },
      {
        "year": 2020,
        "export_value_usd": 413232.77877656923,
        "active_destinations": 33,
        "yoy_growth_pct": -1.3793834091692452
      },
      {
        "year": 2021,
        "export_value_usd": 540232.2463461093,
        "active_destinations": 34,
        "yoy_growth_pct": 30.733154312089894
      },
      {
        "year": 2022,
        "export_value_usd": 273773.7647661132,
        "active_destinations": 41,
        "yoy_growth_pct": -49.322950153790856
      },
      {
        "year": 2023,
        "export_value_usd": 335106.68619123247,
        "active_destinations": 32,
        "yoy_growth_pct": 22.40277532710865
      },
      {
        "year": 2024,
        "export_value_usd": 404817.1766026637,
        "active_destinations": 33,
        "yoy_growth_pct": 20.80247672875442
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "LVA",
      "exports_usd": 18594889554.475845,
      "imports_usd": 23933269344.89432,
      "trade_balance_usd": -5338379790.418476,
      "yoy_exports_growth_pct": -6.149873099399262,
      "yoy_imports_growth_pct": -6.078281024749765,
      "exports_cagr_3y_pct": 0.6811388822721254,
      "imports_cagr_3y_pct": -0.6419650834457169,
      "export_partner_hhi": 692.2854741804231,
      "export_product_hhi": 63.17013083108476,
      "momentum_score": -4.1005695048978446,
      "risk_score": 3.777278025057539,
      "gdp_million_usd": 43684.25443236093,
      "gdp_per_capita_usd": 23409.084515477498,
      "population": 1866124,
      "labor_force": 892.42,
      "investment_rate_pct": 28.87,
      "savings_rate_pct": 22.18,
      "secondary_education_pct": 98.57,
      "tertiary_education_pct": 30.24,
      "total_factor_productivity": 1184.95,
      "trade_openness_pct": 110.883184863986,
      "exports_gdp_pct": 48.482243985052534,
      "num_active_partners": 270,
      "num_fta_partners": 108,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 4,
      "num_shared_language_partners": 0,
      "avg_partner_distance_km": 6728.20987654321,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 40,
      "pct_partners_shared_language": 0,
      "pct_partners_shared_border": 1.4814814814814816,
      "avg_applied_tariff_pct": 0.10222375766445432,
      "avg_mfn_tariff_pct": 0.10590095325514498,
      "avg_preferential_tariff_pct": 0.024651250595920243,
      "tariff_advantage_pp": 0.08124970265922474,
      "avg_distance_all_partners_km": 6726.5372981656665,
      "num_border_partners": 100,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -10.600745440841498,
      "pct_products_high_elasticity": 75.14041514041514,
      "pct_products_low_elasticity": 2.8083028083028085,
      "real_market_potential": 30425024.478984874,
      "foreign_market_potential": 573430.853308151
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "401031",
    "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm",
    "hs_chapter": 40,
    "hs_heading": 4010
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "LVA",
    "hs_code": 401031,
    "num_markets": 59,
    "highest_price_importer_iso3": "ARM",
    "highest_price_usd_per_ton": 1744750,
    "lowest_price_importer_iso3": "UZB",
    "lowest_price_usd_per_ton": 2974.534161490683,
    "median_price_across_markets": 51886.79245283019,
    "price_spread_pct": 3356.8763523433095,
    "avg_quantity_metric_tons": 0.3015633802816901,
    "total_trade_value_usd": 2084030
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 58038.92201764197,
      "active_destinations": 14,
      "yoy_growth_pct": 139.1668373461865
    },
    {
      "year": 2011,
      "export_value_usd": 205444.37377553948,
      "active_destinations": 12,
      "yoy_growth_pct": 253.97689452793588
    },
    {
      "year": 2012,
      "export_value_usd": 83637.00191725133,
      "active_destinations": 17,
      "yoy_growth_pct": -59.28970923845797
    },
    {
      "year": 2013,
      "export_value_usd": 222433.01219339645,
      "active_destinations": 20,
      "yoy_growth_pct": 165.9504849462047
    },
    {
      "year": 2014,
      "export_value_usd": 449496.68032267323,
      "active_destinations": 18,
      "yoy_growth_pct": 102.08182045021903
    },
    {
      "year": 2015,
      "export_value_usd": 542782.9108815895,
      "active_destinations": 20,
      "yoy_growth_pct": 20.753485986136837
    },
    {
      "year": 2016,
      "export_value_usd": 670343.8547736445,
      "active_destinations": 23,
      "yoy_growth_pct": 23.501282250185458
    },
    {
      "year": 2017,
      "export_value_usd": 733390.0102295963,
      "active_destinations": 28,
      "yoy_growth_pct": 9.405047127230047
    },
    {
      "year": 2018,
      "export_value_usd": 405263.4866213964,
      "active_destinations": 26,
      "yoy_growth_pct": -44.7410680581095
    },
    {
      "year": 2019,
      "export_value_usd": 419012.56863059354,
      "active_destinations": 32,
      "yoy_growth_pct": 3.392627873737307
    },
    {
      "year": 2020,
      "export_value_usd": 413232.77877656923,
      "active_destinations": 33,
      "yoy_growth_pct": -1.3793834091692452
    },
    {
      "year": 2021,
      "export_value_usd": 540232.2463461093,
      "active_destinations": 34,
      "yoy_growth_pct": 30.733154312089894
    },
    {
      "year": 2022,
      "export_value_usd": 273773.7647661132,
      "active_destinations": 41,
      "yoy_growth_pct": -49.322950153790856
    },
    {
      "year": 2023,
      "export_value_usd": 335106.68619123247,
      "active_destinations": 32,
      "yoy_growth_pct": 22.40277532710865
    },
    {
      "year": 2024,
      "export_value_usd": 404817.1766026637,
      "active_destinations": 33,
      "yoy_growth_pct": 20.80247672875442
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "LVA",
    "exports_usd": 18594889554.475845,
    "imports_usd": 23933269344.89432,
    "trade_balance_usd": -5338379790.418476,
    "yoy_exports_growth_pct": -6.149873099399262,
    "yoy_imports_growth_pct": -6.078281024749765,
    "exports_cagr_3y_pct": 0.6811388822721254,
    "imports_cagr_3y_pct": -0.6419650834457169,
    "export_partner_hhi": 692.2854741804231,
    "export_product_hhi": 63.17013083108476,
    "momentum_score": -4.1005695048978446,
    "risk_score": 3.777278025057539,
    "gdp_million_usd": 43684.25443236093,
    "gdp_per_capita_usd": 23409.084515477498,
    "population": 1866124,
    "labor_force": 892.42,
    "investment_rate_pct": 28.87,
    "savings_rate_pct": 22.18,
    "secondary_education_pct": 98.57,
    "tertiary_education_pct": 30.24,
    "total_factor_productivity": 1184.95,
    "trade_openness_pct": 110.883184863986,
    "exports_gdp_pct": 48.482243985052534,
    "num_active_partners": 270,
    "num_fta_partners": 108,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 4,
    "num_shared_language_partners": 0,
    "avg_partner_distance_km": 6728.20987654321,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 40,
    "pct_partners_shared_language": 0,
    "pct_partners_shared_border": 1.4814814814814816,
    "avg_applied_tariff_pct": 0.10222375766445432,
    "avg_mfn_tariff_pct": 0.10590095325514498,
    "avg_preferential_tariff_pct": 0.024651250595920243,
    "tariff_advantage_pp": 0.08124970265922474,
    "avg_distance_all_partners_km": 6726.5372981656665,
    "num_border_partners": 100,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -10.600745440841498,
    "pct_products_high_elasticity": 75.14041514041514,
    "pct_products_low_elasticity": 2.8083028083028085,
    "real_market_potential": 30425024.478984874,
    "foreign_market_potential": 573430.853308151
  }
}