# Latvia HS 720449 exports | Yugalinks

Explore reported HS 720449 exports from Latvia: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Latvia |
| HS6 | 720449 |
| Latest exports | $154.2M |
| Active destinations | 23 |
| Three-year growth | -12.5% |
| Destination HHI | 4,566 |
| Weighted share | 3.9% |

## Destination markets

- Turkey: $102.5M; share 1.5%; growth -15.4%

## Price intelligence

- Highest reported market price: Poland at $3.5K / ton.
- Lowest reported market price: Republic of Korea at $48.1 / ton.
- Median reported price: $401.9 / ton.
- Price spread: 865.2%.

## Export history

- 2010: $97.3M
- 2011: $198.9M
- 2012: $138.9M
- 2013: $135.7M
- 2014: $145.8M
- 2015: $72.3M
- 2016: $62.4M
- 2017: $71.6M
- 2018: $126.0M
- 2019: $101.4M
- 2020: $87.7M
- 2021: $194.3M
- 2022: $152.8M
- 2023: $144.9M
- 2024: $130.3M

## 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/720449",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720449",
    "exporter": "https://www.yugalinks.com/trade/exporter/lva/720449",
    "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": "720449",
    "exporter_iso3": "LVA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 63,
    "current_lane_count": 23,
    "active_market_count": 23,
    "exports_latest_observed_lanes_usd": 154154907.66077587,
    "exports_current_2024_usd": 130266146.63185693,
    "exports_avg_3y_usd": 142645000.47971013,
    "exports_avg_5y_usd": 141994485.41028214,
    "exports_avg_10y_usd": 114358919.62285693,
    "exports_cagr_3y_pct": -12.483820487496711,
    "exports_cagr_5y_pct": 5.135616700269008,
    "exports_cagr_10y_pct": -1.122101532789721,
    "exports_all_year_lane_avg_usd": 136731304.90874156,
    "exports_historical_lane_peak_usd": 454238165.2803541,
    "historical_peak_year": 2011,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": -11.36171895470699,
    "trend_label": "Rapid decline",
    "top_market_iso3": "TUR",
    "top_market_exports_usd": 102546361.17908984,
    "top_market_share_pct": 66.5216325157466,
    "destination_hhi": 4565.705567027985,
    "weighted_share_latest_pct": 3.8559021942533285,
    "weighted_share_change_1y_pp": 2.131560396268014,
    "weighted_volatility_cv": 0.7439723330840029,
    "weighted_max_drawdown_pct": 61.19658847109089,
    "limited_history_lane_share_pct": 33.333333333333336,
    "data_freshness_years": 0,
    "coverage_score": 91.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:19",
    "source": "api",
    "product": {
      "hs_code": 720449,
      "hs_description": "Ferrous waste and scrap: n.e.s. in heading no. 7204",
      "hs_chapter": 72,
      "hs_heading": 7204,
      "substitution_elasticity": -22.737358,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Ferrous waste and scrap: n.e.s. in heading no. 7204",
    "hs_chapter": 72,
    "hs_heading": 7204,
    "destinations": [
      {
        "hs_code": 720449,
        "corridor_rank": 69,
        "exporter_iso3": "LVA",
        "importer_iso3": "TUR",
        "latest_data_year": 2024,
        "lane_data_years": 19,
        "exports_latest_observed_usd": 102546361.17908984,
        "exports_all_year_avg_usd": 68171342.47449858,
        "exports_avg_3y_usd": 108426652.5592646,
        "exports_avg_5y_usd": 110893075.53194098,
        "exports_avg_10y_usd": 85457766.70085856,
        "exports_cagr_3y_pct": -15.364081869365087,
        "exports_cagr_5y_pct": 8.698669655743064,
        "exports_cagr_10y_pct": -1.3839003827936014,
        "exports_historical_peak_usd": 169143816.18135116,
        "buyer_imports_latest_observed_usd": 6759135504.141641,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 55.55555555555556,
        "trend_acceleration_pct": -13.980181486571485,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 5.0749,
        "buyer_yoy_all_avg_pct": 13.2608,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 1.5171520250815336,
        "market_share_change_1y_pp": -0.1935174091725509,
        "peer_best_share_pct": 24.140168899912783,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 45,
        "buyer_market_hhi": 1035.51,
        "distance_km": 1805.44775390625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.07065489741610728,
        "tariff_advantage_pp": 0.07715670565504597,
        "volatility_cv": 0.6484897947579019,
        "max_drawdown_pct": 59.118564618796995,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "LVA",
      "hs_code": 720449,
      "num_markets": 29,
      "highest_price_importer_iso3": "POL",
      "highest_price_usd_per_ton": 3525.5363953891565,
      "lowest_price_importer_iso3": "KOR",
      "lowest_price_usd_per_ton": 48.081715749938574,
      "median_price_across_markets": 401.94674143668396,
      "price_spread_pct": 865.1530964549438,
      "avg_quantity_metric_tons": 20194.612891566267,
      "total_trade_value_usd": 609154100
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        "export_value_usd": 97349557.62515077,
        "active_destinations": 27,
        "yoy_growth_pct": 135.19523218193794
      },
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        "year": 2011,
        "export_value_usd": 198932556.06134257,
        "active_destinations": 28,
        "yoy_growth_pct": 104.3487006148935
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        "year": 2012,
        "export_value_usd": 138860682.32216308,
        "active_destinations": 26,
        "yoy_growth_pct": -30.19710545550715
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      {
        "year": 2013,
        "export_value_usd": 135704622.2011009,
        "active_destinations": 27,
        "yoy_growth_pct": -2.272824868986303
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      {
        "year": 2014,
        "export_value_usd": 145827453.5956129,
        "active_destinations": 24,
        "yoy_growth_pct": 7.459459545534852
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      {
        "year": 2015,
        "export_value_usd": 72251001.03837848,
        "active_destinations": 18,
        "yoy_growth_pct": -50.45445884371386
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      {
        "year": 2016,
        "export_value_usd": 62354108.212976016,
        "active_destinations": 16,
        "yoy_growth_pct": -13.697931770032367
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      {
        "year": 2017,
        "export_value_usd": 71589845.63134494,
        "active_destinations": 18,
        "yoy_growth_pct": 14.811754482677298
      },
      {
        "year": 2018,
        "export_value_usd": 126011475.4076903,
        "active_destinations": 23,
        "yoy_growth_pct": 76.01864384034565
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      {
        "year": 2019,
        "export_value_usd": 101410338.88676885,
        "active_destinations": 24,
        "yoy_growth_pct": -19.522933479929783
      },
      {
        "year": 2020,
        "export_value_usd": 87695493.86045693,
        "active_destinations": 23,
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      {
        "year": 2021,
        "export_value_usd": 194341931.7518234,
        "active_destinations": 23,
        "yoy_growth_pct": 121.60994048458717
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      {
        "year": 2022,
        "export_value_usd": 152757702.85498643,
        "active_destinations": 16,
        "yoy_growth_pct": -21.397455773950238
      },
      {
        "year": 2023,
        "export_value_usd": 144911151.95228705,
        "active_destinations": 18,
        "yoy_growth_pct": -5.136599173756984
      },
      {
        "year": 2024,
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        "active_destinations": 23,
        "yoy_growth_pct": -10.106196192030879
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    ],
    "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,
      "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,
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      "avg_applied_tariff_pct": 0.10222375766445432,
      "avg_mfn_tariff_pct": 0.10590095325514498,
      "avg_preferential_tariff_pct": 0.024651250595920243,
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      "avg_distance_all_partners_km": 6726.5372981656665,
      "num_border_partners": 100,
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      "avg_substitution_elasticity": -10.600745440841498,
      "pct_products_high_elasticity": 75.14041514041514,
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      "real_market_potential": 30425024.478984874,
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    "countryMap": {}
  },
  "product": {
    "hs_code": "720449",
    "hs_description": "Ferrous waste and scrap: n.e.s. in heading no. 7204",
    "hs_chapter": 72,
    "hs_heading": 7204
  },
  "destinations": [
    {
      "hs_code": 720449,
      "corridor_rank": 69,
      "exporter_iso3": "LVA",
      "importer_iso3": "TUR",
      "latest_data_year": 2024,
      "lane_data_years": 19,
      "exports_latest_observed_usd": 102546361.17908984,
      "exports_all_year_avg_usd": 68171342.47449858,
      "exports_avg_3y_usd": 108426652.5592646,
      "exports_avg_5y_usd": 110893075.53194098,
      "exports_avg_10y_usd": 85457766.70085856,
      "exports_cagr_3y_pct": -15.364081869365087,
      "exports_cagr_5y_pct": 8.698669655743064,
      "exports_cagr_10y_pct": -1.3839003827936014,
      "exports_historical_peak_usd": 169143816.18135116,
      "buyer_imports_latest_observed_usd": 6759135504.141641,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 55.55555555555556,
      "trend_acceleration_pct": -13.980181486571485,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 5.0749,
      "buyer_yoy_all_avg_pct": 13.2608,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 1.5171520250815336,
      "market_share_change_1y_pp": -0.1935174091725509,
      "peer_best_share_pct": 24.140168899912783,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 45,
      "buyer_market_hhi": 1035.51,
      "distance_km": 1805.44775390625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.07065489741610728,
      "tariff_advantage_pp": 0.07715670565504597,
      "volatility_cv": 0.6484897947579019,
      "max_drawdown_pct": 59.118564618796995,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "LVA",
    "hs_code": 720449,
    "num_markets": 29,
    "highest_price_importer_iso3": "POL",
    "highest_price_usd_per_ton": 3525.5363953891565,
    "lowest_price_importer_iso3": "KOR",
    "lowest_price_usd_per_ton": 48.081715749938574,
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      "year": 2016,
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    {
      "year": 2017,
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    {
      "year": 2018,
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    {
      "year": 2019,
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    {
      "year": 2020,
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    {
      "year": 2022,
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    {
      "year": 2023,
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    {
      "year": 2024,
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    "yoy_exports_growth_pct": -6.149873099399262,
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    "exports_cagr_3y_pct": 0.6811388822721254,
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    "export_partner_hhi": 692.2854741804231,
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    "momentum_score": -4.1005695048978446,
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    "num_active_partners": 270,
    "num_fta_partners": 108,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
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    "pct_partners_with_fta": 40,
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    "tariff_advantage_pp": 0.08124970265922474,
    "avg_distance_all_partners_km": 6726.5372981656665,
    "num_border_partners": 100,
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    "real_market_potential": 30425024.478984874,
    "foreign_market_potential": 573430.853308151
  }
}
```