# Latvia HS 711021 exports | Yugalinks

Explore reported HS 711021 exports from Latvia: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Latvia |
| HS6 | 711021 |
| Latest exports | $307.2K |
| Active destinations | 13 |
| Three-year growth | +33.4% |
| Destination HHI | 4,920 |
| Weighted share | 25.6% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Germany at $76.1M / ton.
- Lowest reported market price: Italy at $372.0K / ton.
- Median reported price: $39.9M / ton.
- Price spread: 189.8%.

## Export history

- 2010: $26.4K
- 2011: $4.5K
- 2012: $43.2
- 2013: $1.1K
- 2014: $286.7K
- 2015: $7.3K
- 2016: $164.6K
- 2017: $41.6K
- 2018: $2.0M
- 2019: $3.8M
- 2020: $2.3M
- 2021: $128.4K
- 2022: $4.4M
- 2023: $1.6M
- 2024: $305.1K

## 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/711021",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/711021",
    "exporter": "https://www.yugalinks.com/trade/exporter/lva/711021",
    "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": "711021",
    "exporter_iso3": "LVA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 28,
    "current_lane_count": 13,
    "active_market_count": 13,
    "exports_latest_observed_lanes_usd": 307224.2065262176,
    "exports_current_2024_usd": 305067.45716807066,
    "exports_avg_3y_usd": 2094666.5235756624,
    "exports_avg_5y_usd": 1747795.5159398455,
    "exports_avg_10y_usd": 1470450.889531706,
    "exports_cagr_3y_pct": 33.4303510811698,
    "exports_cagr_5y_pct": -39.61615693627771,
    "exports_cagr_10y_pct": 0.6226903813036033,
    "exports_all_year_lane_avg_usd": 1231053.4020207052,
    "exports_historical_lane_peak_usd": 4650570.503944713,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 41.37931034482759,
    "trend_acceleration_pct": 32.8076606998662,
    "trend_label": "Rapid growth",
    "top_market_iso3": "LTU",
    "top_market_exports_usd": 175667.78473228024,
    "top_market_share_pct": 57.17901812443588,
    "destination_hhi": 4919.60183064344,
    "weighted_share_latest_pct": 25.573028403394538,
    "weighted_share_change_1y_pp": 23.10315098385798,
    "weighted_volatility_cv": 1.4168004803210776,
    "weighted_max_drawdown_pct": 41.781879351422134,
    "limited_history_lane_share_pct": 67.85714285714286,
    "data_freshness_years": 0,
    "coverage_score": 76.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:19",
    "source": "api",
    "product": {
      "hs_code": 711021,
      "hs_description": "Metals: palladium, unwrought or in powder form",
      "hs_chapter": 71,
      "hs_heading": 7110,
      "substitution_elasticity": -22.306328,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Metals: palladium, unwrought or in powder form",
    "hs_chapter": 71,
    "hs_heading": 7110,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "LVA",
      "hs_code": 711021,
      "num_markets": 2,
      "highest_price_importer_iso3": "DEU",
      "highest_price_usd_per_ton": 76108245.90163934,
      "lowest_price_importer_iso3": "ITA",
      "lowest_price_usd_per_ton": 372000,
      "median_price_across_markets": 39910088.88888889,
      "price_spread_pct": 189.7671691799328,
      "avg_quantity_metric_tons": 0.037571428571428575,
      "total_trade_value_usd": 12967183
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 26370.791106471574,
        "active_destinations": 3,
        "yoy_growth_pct": 121367.17564919822
      },
      {
        "year": 2011,
        "export_value_usd": 4538.280799993613,
        "active_destinations": 3,
        "yoy_growth_pct": -82.79050187887657
      },
      {
        "year": 2012,
        "export_value_usd": 43.20186580438545,
        "active_destinations": 2,
        "yoy_growth_pct": -99.04805657233801
      },
      {
        "year": 2013,
        "export_value_usd": 1116.488180468079,
        "active_destinations": 4,
        "yoy_growth_pct": 2484.351762776744
      },
      {
        "year": 2014,
        "export_value_usd": 286705.9011374257,
        "active_destinations": 5,
        "yoy_growth_pct": 25579.259857209276
      },
      {
        "year": 2015,
        "export_value_usd": 7340.531049849615,
        "active_destinations": 7,
        "yoy_growth_pct": -97.43970004777435
      },
      {
        "year": 2016,
        "export_value_usd": 164552.97898787443,
        "active_destinations": 5,
        "yoy_growth_pct": 2141.704011200193
      },
      {
        "year": 2017,
        "export_value_usd": 41625.60856938489,
        "active_destinations": 4,
        "yoy_growth_pct": -74.70382558528327
      },
      {
        "year": 2018,
        "export_value_usd": 1951937.5020942092,
        "active_destinations": 5,
        "yoy_growth_pct": 4589.270785892689
      },
      {
        "year": 2019,
        "export_value_usd": 3800074.6949165114,
        "active_destinations": 6,
        "yoy_growth_pct": 94.68219094307369
      },
      {
        "year": 2020,
        "export_value_usd": 2326558.2070037085,
        "active_destinations": 9,
        "yoy_growth_pct": -38.77598747950865
      },
      {
        "year": 2021,
        "export_value_usd": 128419.80196853366,
        "active_destinations": 7,
        "yoy_growth_pct": -94.4802669633647
      },
      {
        "year": 2022,
        "export_value_usd": 4373469.235917738,
        "active_destinations": 11,
        "yoy_growth_pct": 3305.6034730448787
      },
      {
        "year": 2023,
        "export_value_usd": 1605462.8776411775,
        "active_destinations": 17,
        "yoy_growth_pct": -63.29086153262299
      },
      {
        "year": 2024,
        "export_value_usd": 305067.45716807066,
        "active_destinations": 13,
        "yoy_growth_pct": -80.99816187489242
      }
    ],
    "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": "711021",
    "hs_description": "Metals: palladium, unwrought or in powder form",
    "hs_chapter": 71,
    "hs_heading": 7110
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "LVA",
    "hs_code": 711021,
    "num_markets": 2,
    "highest_price_importer_iso3": "DEU",
    "highest_price_usd_per_ton": 76108245.90163934,
    "lowest_price_importer_iso3": "ITA",
    "lowest_price_usd_per_ton": 372000,
    "median_price_across_markets": 39910088.88888889,
    "price_spread_pct": 189.7671691799328,
    "avg_quantity_metric_tons": 0.037571428571428575,
    "total_trade_value_usd": 12967183
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 26370.791106471574,
      "active_destinations": 3,
      "yoy_growth_pct": 121367.17564919822
    },
    {
      "year": 2011,
      "export_value_usd": 4538.280799993613,
      "active_destinations": 3,
      "yoy_growth_pct": -82.79050187887657
    },
    {
      "year": 2012,
      "export_value_usd": 43.20186580438545,
      "active_destinations": 2,
      "yoy_growth_pct": -99.04805657233801
    },
    {
      "year": 2013,
      "export_value_usd": 1116.488180468079,
      "active_destinations": 4,
      "yoy_growth_pct": 2484.351762776744
    },
    {
      "year": 2014,
      "export_value_usd": 286705.9011374257,
      "active_destinations": 5,
      "yoy_growth_pct": 25579.259857209276
    },
    {
      "year": 2015,
      "export_value_usd": 7340.531049849615,
      "active_destinations": 7,
      "yoy_growth_pct": -97.43970004777435
    },
    {
      "year": 2016,
      "export_value_usd": 164552.97898787443,
      "active_destinations": 5,
      "yoy_growth_pct": 2141.704011200193
    },
    {
      "year": 2017,
      "export_value_usd": 41625.60856938489,
      "active_destinations": 4,
      "yoy_growth_pct": -74.70382558528327
    },
    {
      "year": 2018,
      "export_value_usd": 1951937.5020942092,
      "active_destinations": 5,
      "yoy_growth_pct": 4589.270785892689
    },
    {
      "year": 2019,
      "export_value_usd": 3800074.6949165114,
      "active_destinations": 6,
      "yoy_growth_pct": 94.68219094307369
    },
    {
      "year": 2020,
      "export_value_usd": 2326558.2070037085,
      "active_destinations": 9,
      "yoy_growth_pct": -38.77598747950865
    },
    {
      "year": 2021,
      "export_value_usd": 128419.80196853366,
      "active_destinations": 7,
      "yoy_growth_pct": -94.4802669633647
    },
    {
      "year": 2022,
      "export_value_usd": 4373469.235917738,
      "active_destinations": 11,
      "yoy_growth_pct": 3305.6034730448787
    },
    {
      "year": 2023,
      "export_value_usd": 1605462.8776411775,
      "active_destinations": 17,
      "yoy_growth_pct": -63.29086153262299
    },
    {
      "year": 2024,
      "export_value_usd": 305067.45716807066,
      "active_destinations": 13,
      "yoy_growth_pct": -80.99816187489242
    }
  ],
  "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
  }
}
```