# Latvia HS 401039 exports | Yugalinks

Explore reported HS 401039 exports from Latvia: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Latvia |
| HS6 | 401039 |
| Latest exports | $1.1M |
| Active destinations | 59 |
| Three-year growth | +20.9% |
| Destination HHI | 3,161 |
| Weighted share | 4.1% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Georgia at $1.6M / ton.
- Lowest reported market price: Czechia at $4.2K / ton.
- Median reported price: $52.5K / ton.
- Price spread: 3,110.1%.

## Export history

- 2010: $332.0K
- 2011: $489.9K
- 2012: $478.7K
- 2013: $509.2K
- 2014: $844.6K
- 2015: $727.7K
- 2016: $762.4K
- 2017: $710.6K
- 2018: $558.7K
- 2019: $555.3K
- 2020: $486.3K
- 2021: $601.4K
- 2022: $771.4K
- 2023: $1.0M
- 2024: $1.1M

## Methods

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.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "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/401039",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/401039",
    "exporter": "https://www.yugalinks.com/trade/exporter/lva/401039",
    "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": "401039",
    "exporter_iso3": "LVA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 107,
    "current_lane_count": 59,
    "active_market_count": 59,
    "exports_latest_observed_lanes_usd": 1081207.390962395,
    "exports_current_2024_usd": 1063760.8744785504,
    "exports_avg_3y_usd": 950131.0441445004,
    "exports_avg_5y_usd": 787631.2611696707,
    "exports_avg_10y_usd": 725285.5045793664,
    "exports_cagr_3y_pct": 20.936299656809233,
    "exports_cagr_5y_pct": 13.885091966587604,
    "exports_cagr_10y_pct": 2.334413765220389,
    "exports_all_year_lane_avg_usd": 478433.70875893097,
    "exports_historical_lane_peak_usd": 1968786.420595549,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": 18.601885891588843,
    "trend_label": "Rapid growth",
    "top_market_iso3": "SWE",
    "top_market_exports_usd": 541171.0524538476,
    "top_market_share_pct": 50.05247438903883,
    "destination_hhi": 3161.0949586313154,
    "weighted_share_latest_pct": 4.078544951002558,
    "weighted_share_change_1y_pp": 1.0330960872380082,
    "weighted_volatility_cv": 1.4691109472532582,
    "weighted_max_drawdown_pct": 94.13981673363347,
    "limited_history_lane_share_pct": 48.598130841121495,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:19",
    "source": "api",
    "product": {
      "hs_code": 401039,
      "hs_description": "Rubber: vulcanised, conveyor or transmission belts or belting, n.e.c. in heading no. 4010",
      "hs_chapter": 40,
      "hs_heading": 4010,
      "substitution_elasticity": -3.1384215,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Rubber: vulcanised, conveyor or transmission belts or belting, n.e.c. in heading no. 4010",
    "hs_chapter": 40,
    "hs_heading": 4010,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "LVA",
      "hs_code": 401039,
      "num_markets": 78,
      "highest_price_importer_iso3": "GEO",
      "highest_price_usd_per_ton": 1637000,
      "lowest_price_importer_iso3": "CZE",
      "lowest_price_usd_per_ton": 4203.883495145631,
      "median_price_across_markets": 52500,
      "price_spread_pct": 3110.087840961627,
      "avg_quantity_metric_tons": 0.22619383259911893,
      "total_trade_value_usd": 2825559
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 332026.5157348286,
        "active_destinations": 28,
        "yoy_growth_pct": 77.83147756553137
      },
      {
        "year": 2011,
        "export_value_usd": 489875.09832967375,
        "active_destinations": 19,
        "yoy_growth_pct": 47.540956855659736
      },
      {
        "year": 2012,
        "export_value_usd": 478724.8269094188,
        "active_destinations": 26,
        "yoy_growth_pct": -2.2761457886457213
      },
      {
        "year": 2013,
        "export_value_usd": 509180.95152941986,
        "active_destinations": 25,
        "yoy_growth_pct": 6.361927125572657
      },
      {
        "year": 2014,
        "export_value_usd": 844553.0852056353,
        "active_destinations": 36,
        "yoy_growth_pct": 65.86501962983155
      },
      {
        "year": 2015,
        "export_value_usd": 727709.2745214656,
        "active_destinations": 29,
        "yoy_growth_pct": -13.834987134730556
      },
      {
        "year": 2016,
        "export_value_usd": 762437.5464744674,
        "active_destinations": 38,
        "yoy_growth_pct": 4.772272825001261
      },
      {
        "year": 2017,
        "export_value_usd": 710577.9153017515,
        "active_destinations": 40,
        "yoy_growth_pct": -6.801820216293953
      },
      {
        "year": 2018,
        "export_value_usd": 558697.0758544812,
        "active_destinations": 41,
        "yoy_growth_pct": -21.374269615848263
      },
      {
        "year": 2019,
        "export_value_usd": 555276.9277931453,
        "active_destinations": 46,
        "yoy_growth_pct": -0.6121650191394088
      },
      {
        "year": 2020,
        "export_value_usd": 486348.549322632,
        "active_destinations": 47,
        "yoy_growth_pct": -12.413333783641527
      },
      {
        "year": 2021,
        "export_value_usd": 601414.6240922209,
        "active_destinations": 46,
        "yoy_growth_pct": 23.65917918946167
      },
      {
        "year": 2022,
        "export_value_usd": 771366.1693831391,
        "active_destinations": 63,
        "yoy_growth_pct": 28.258631979134886
      },
      {
        "year": 2023,
        "export_value_usd": 1015266.0885718116,
        "active_destinations": 62,
        "yoy_growth_pct": 31.61921391804349
      },
      {
        "year": 2024,
        "export_value_usd": 1063760.8744785504,
        "active_destinations": 59,
        "yoy_growth_pct": 4.776559214634767
      }
    ],
    "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": "401039",
    "hs_description": "Rubber: vulcanised, conveyor or transmission belts or belting, n.e.c. in heading no. 4010",
    "hs_chapter": 40,
    "hs_heading": 4010
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "LVA",
    "hs_code": 401039,
    "num_markets": 78,
    "highest_price_importer_iso3": "GEO",
    "highest_price_usd_per_ton": 1637000,
    "lowest_price_importer_iso3": "CZE",
    "lowest_price_usd_per_ton": 4203.883495145631,
    "median_price_across_markets": 52500,
    "price_spread_pct": 3110.087840961627,
    "avg_quantity_metric_tons": 0.22619383259911893,
    "total_trade_value_usd": 2825559
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 332026.5157348286,
      "active_destinations": 28,
      "yoy_growth_pct": 77.83147756553137
    },
    {
      "year": 2011,
      "export_value_usd": 489875.09832967375,
      "active_destinations": 19,
      "yoy_growth_pct": 47.540956855659736
    },
    {
      "year": 2012,
      "export_value_usd": 478724.8269094188,
      "active_destinations": 26,
      "yoy_growth_pct": -2.2761457886457213
    },
    {
      "year": 2013,
      "export_value_usd": 509180.95152941986,
      "active_destinations": 25,
      "yoy_growth_pct": 6.361927125572657
    },
    {
      "year": 2014,
      "export_value_usd": 844553.0852056353,
      "active_destinations": 36,
      "yoy_growth_pct": 65.86501962983155
    },
    {
      "year": 2015,
      "export_value_usd": 727709.2745214656,
      "active_destinations": 29,
      "yoy_growth_pct": -13.834987134730556
    },
    {
      "year": 2016,
      "export_value_usd": 762437.5464744674,
      "active_destinations": 38,
      "yoy_growth_pct": 4.772272825001261
    },
    {
      "year": 2017,
      "export_value_usd": 710577.9153017515,
      "active_destinations": 40,
      "yoy_growth_pct": -6.801820216293953
    },
    {
      "year": 2018,
      "export_value_usd": 558697.0758544812,
      "active_destinations": 41,
      "yoy_growth_pct": -21.374269615848263
    },
    {
      "year": 2019,
      "export_value_usd": 555276.9277931453,
      "active_destinations": 46,
      "yoy_growth_pct": -0.6121650191394088
    },
    {
      "year": 2020,
      "export_value_usd": 486348.549322632,
      "active_destinations": 47,
      "yoy_growth_pct": -12.413333783641527
    },
    {
      "year": 2021,
      "export_value_usd": 601414.6240922209,
      "active_destinations": 46,
      "yoy_growth_pct": 23.65917918946167
    },
    {
      "year": 2022,
      "export_value_usd": 771366.1693831391,
      "active_destinations": 63,
      "yoy_growth_pct": 28.258631979134886
    },
    {
      "year": 2023,
      "export_value_usd": 1015266.0885718116,
      "active_destinations": 62,
      "yoy_growth_pct": 31.61921391804349
    },
    {
      "year": 2024,
      "export_value_usd": 1063760.8744785504,
      "active_destinations": 59,
      "yoy_growth_pct": 4.776559214634767
    }
  ],
  "economy": {
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    "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,
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    "avg_partner_distance_km": 6728.20987654321,
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    "pct_partners_with_fta": 40,
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    "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,
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    "pct_products_low_elasticity": 2.8083028083028085,
    "real_market_potential": 30425024.478984874,
    "foreign_market_potential": 573430.853308151
  }
}
```