# Latvia HS 540419 exports | Yugalinks

Explore reported HS 540419 exports from Latvia: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Latvia |
| HS6 | 540419 |
| Latest exports | $310.8K |
| Active destinations | 14 |
| Three-year growth | -20.3% |
| Destination HHI | 2,450 |
| Weighted share | 34.8% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Ukraine at $495.0K / ton.
- Lowest reported market price: Austria at $2.9K / ton.
- Median reported price: $27.6K / ton.
- Price spread: 1,781.3%.

## Export history

- 2010: $56.0K
- 2011: $59.7K
- 2012: $42.4K
- 2013: $26.3K
- 2014: $97.0K
- 2015: $87.8K
- 2016: $35.6K
- 2017: $60.8K
- 2018: $79.0K
- 2019: $118.5K
- 2020: $124.4K
- 2021: $146.3K
- 2022: $109.3K
- 2023: $94.4K
- 2024: $74.0K

## 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/540419",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/540419",
    "exporter": "https://www.yugalinks.com/trade/exporter/lva/540419",
    "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": "540419",
    "exporter_iso3": "LVA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 42,
    "current_lane_count": 14,
    "active_market_count": 14,
    "exports_latest_observed_lanes_usd": 310818.49419961823,
    "exports_current_2024_usd": 73957.68752156585,
    "exports_avg_3y_usd": 92566.87469947252,
    "exports_avg_5y_usd": 109677.17567359663,
    "exports_avg_10y_usd": 93007.37400641313,
    "exports_cagr_3y_pct": -20.342064827714236,
    "exports_cagr_5y_pct": -8.995694684520206,
    "exports_cagr_10y_pct": -2.675744365439403,
    "exports_all_year_lane_avg_usd": 392691.8286156228,
    "exports_historical_lane_peak_usd": 1580300.1746915325,
    "historical_peak_year": 1995,
    "positive_growth_year_share_pct": 37.93103448275862,
    "trend_acceleration_pct": -17.666320462274832,
    "trend_label": "Rapid decline",
    "top_market_iso3": "UZB",
    "top_market_exports_usd": 133855.4643430341,
    "top_market_share_pct": 43.065476102933424,
    "destination_hhi": 2450.4429264467094,
    "weighted_share_latest_pct": 34.78107774120617,
    "weighted_share_change_1y_pp": 1.7031389405944244,
    "weighted_volatility_cv": 0.4293562963538355,
    "weighted_max_drawdown_pct": 34.153455108016125,
    "limited_history_lane_share_pct": 42.857142857142854,
    "data_freshness_years": 0,
    "coverage_score": 87,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:19",
    "source": "api",
    "product": {
      "hs_code": 540419,
      "hs_description": "Monofilament n.e.c. in heading no 5404: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm",
      "hs_chapter": 54,
      "hs_heading": 5404,
      "substitution_elasticity": -6.8211899,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Monofilament n.e.c. in heading no 5404: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm",
    "hs_chapter": 54,
    "hs_heading": 5404,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "LVA",
      "hs_code": 540419,
      "num_markets": 31,
      "highest_price_importer_iso3": "UKR",
      "highest_price_usd_per_ton": 495000,
      "lowest_price_importer_iso3": "AUT",
      "lowest_price_usd_per_ton": 2909.0909090909095,
      "median_price_across_markets": 27625,
      "price_spread_pct": 1781.3245577951461,
      "avg_quantity_metric_tons": 0.36276404494382025,
      "total_trade_value_usd": 653208
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 56039.75140931612,
        "active_destinations": 11,
        "yoy_growth_pct": 49.66923166846497
      },
      {
        "year": 2011,
        "export_value_usd": 59659.22640754073,
        "active_destinations": 13,
        "yoy_growth_pct": 6.458763479851733
      },
      {
        "year": 2012,
        "export_value_usd": 42387.67469194017,
        "active_destinations": 14,
        "yoy_growth_pct": -28.950344742347333
      },
      {
        "year": 2013,
        "export_value_usd": 26258.875597086953,
        "active_destinations": 13,
        "yoy_growth_pct": -38.05068150605591
      },
      {
        "year": 2014,
        "export_value_usd": 97000.15215188981,
        "active_destinations": 9,
        "yoy_growth_pct": 269.39948853960294
      },
      {
        "year": 2015,
        "export_value_usd": 87838.80510128349,
        "active_destinations": 15,
        "yoy_growth_pct": -9.44467286634852
      },
      {
        "year": 2016,
        "export_value_usd": 35576.23934110305,
        "active_destinations": 11,
        "yoy_growth_pct": -59.498265829001795
      },
      {
        "year": 2017,
        "export_value_usd": 60750.530527201256,
        "active_destinations": 19,
        "yoy_growth_pct": 70.76152975228347
      },
      {
        "year": 2018,
        "export_value_usd": 79034.48851710386,
        "active_destinations": 21,
        "yoy_growth_pct": 30.09678735515882
      },
      {
        "year": 2019,
        "export_value_usd": 118487.79820945646,
        "active_destinations": 22,
        "yoy_growth_pct": 49.91910548496117
      },
      {
        "year": 2020,
        "export_value_usd": 124367.78228048871,
        "active_destinations": 25,
        "yoy_growth_pct": 4.962522858799284
      },
      {
        "year": 2021,
        "export_value_usd": 146317.4719890769,
        "active_destinations": 23,
        "yoy_growth_pct": 17.649015931702227
      },
      {
        "year": 2022,
        "export_value_usd": 109301.78019488706,
        "active_destinations": 19,
        "yoy_growth_pct": -25.2982034824612
      },
      {
        "year": 2023,
        "export_value_usd": 94441.15638196463,
        "active_destinations": 15,
        "yoy_growth_pct": -13.59595771123368
      },
      {
        "year": 2024,
        "export_value_usd": 73957.68752156585,
        "active_destinations": 14,
        "yoy_growth_pct": -21.689133895770986
      }
    ],
    "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": "540419",
    "hs_description": "Monofilament n.e.c. in heading no 5404: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm",
    "hs_chapter": 54,
    "hs_heading": 5404
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "LVA",
    "hs_code": 540419,
    "num_markets": 31,
    "highest_price_importer_iso3": "UKR",
    "highest_price_usd_per_ton": 495000,
    "lowest_price_importer_iso3": "AUT",
    "lowest_price_usd_per_ton": 2909.0909090909095,
    "median_price_across_markets": 27625,
    "price_spread_pct": 1781.3245577951461,
    "avg_quantity_metric_tons": 0.36276404494382025,
    "total_trade_value_usd": 653208
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 56039.75140931612,
      "active_destinations": 11,
      "yoy_growth_pct": 49.66923166846497
    },
    {
      "year": 2011,
      "export_value_usd": 59659.22640754073,
      "active_destinations": 13,
      "yoy_growth_pct": 6.458763479851733
    },
    {
      "year": 2012,
      "export_value_usd": 42387.67469194017,
      "active_destinations": 14,
      "yoy_growth_pct": -28.950344742347333
    },
    {
      "year": 2013,
      "export_value_usd": 26258.875597086953,
      "active_destinations": 13,
      "yoy_growth_pct": -38.05068150605591
    },
    {
      "year": 2014,
      "export_value_usd": 97000.15215188981,
      "active_destinations": 9,
      "yoy_growth_pct": 269.39948853960294
    },
    {
      "year": 2015,
      "export_value_usd": 87838.80510128349,
      "active_destinations": 15,
      "yoy_growth_pct": -9.44467286634852
    },
    {
      "year": 2016,
      "export_value_usd": 35576.23934110305,
      "active_destinations": 11,
      "yoy_growth_pct": -59.498265829001795
    },
    {
      "year": 2017,
      "export_value_usd": 60750.530527201256,
      "active_destinations": 19,
      "yoy_growth_pct": 70.76152975228347
    },
    {
      "year": 2018,
      "export_value_usd": 79034.48851710386,
      "active_destinations": 21,
      "yoy_growth_pct": 30.09678735515882
    },
    {
      "year": 2019,
      "export_value_usd": 118487.79820945646,
      "active_destinations": 22,
      "yoy_growth_pct": 49.91910548496117
    },
    {
      "year": 2020,
      "export_value_usd": 124367.78228048871,
      "active_destinations": 25,
      "yoy_growth_pct": 4.962522858799284
    },
    {
      "year": 2021,
      "export_value_usd": 146317.4719890769,
      "active_destinations": 23,
      "yoy_growth_pct": 17.649015931702227
    },
    {
      "year": 2022,
      "export_value_usd": 109301.78019488706,
      "active_destinations": 19,
      "yoy_growth_pct": -25.2982034824612
    },
    {
      "year": 2023,
      "export_value_usd": 94441.15638196463,
      "active_destinations": 15,
      "yoy_growth_pct": -13.59595771123368
    },
    {
      "year": 2024,
      "export_value_usd": 73957.68752156585,
      "active_destinations": 14,
      "yoy_growth_pct": -21.689133895770986
    }
  ],
  "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,
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    "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
  }
}
```
