# Latvia HS 731511 exports | Yugalinks

Explore reported HS 731511 exports from Latvia: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Latvia |
| HS6 | 731511 |
| Latest exports | $1.3M |
| Active destinations | 46 |
| Three-year growth | -26.3% |
| Destination HHI | 878 |
| Weighted share | 1.5% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Serbia at $542.6K / ton.
- Lowest reported market price: Uzbekistan at $623.4 / ton.
- Median reported price: $16.8K / ton.
- Price spread: 3,228.2%.

## Export history

- 2010: $4.5M
- 2011: $6.9M
- 2012: $6.5M
- 2013: $4.2M
- 2014: $4.5M
- 2015: $4.5M
- 2016: $4.1M
- 2017: $2.7M
- 2018: $3.1M
- 2019: $2.8M
- 2020: $2.5M
- 2021: $3.1M
- 2022: $2.3M
- 2023: $1.7M
- 2024: $1.2M

## 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/731511",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/731511",
    "exporter": "https://www.yugalinks.com/trade/exporter/lva/731511",
    "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": "731511",
    "exporter_iso3": "LVA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 89,
    "current_lane_count": 46,
    "active_market_count": 46,
    "exports_latest_observed_lanes_usd": 1317048.5929710846,
    "exports_current_2024_usd": 1223032.0212981326,
    "exports_avg_3y_usd": 1719493.4290503112,
    "exports_avg_5y_usd": 2151641.1677530427,
    "exports_avg_10y_usd": 2810426.627907987,
    "exports_cagr_3y_pct": -26.307901257301936,
    "exports_cagr_5y_pct": -15.405414201039303,
    "exports_cagr_10y_pct": -12.120504987929392,
    "exports_all_year_lane_avg_usd": 4461775.529550609,
    "exports_historical_lane_peak_usd": 11032645.970271584,
    "historical_peak_year": 1998,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": -14.187396269372544,
    "trend_label": "Rapid decline",
    "top_market_iso3": "DEU",
    "top_market_exports_usd": 263691.3584789322,
    "top_market_share_pct": 20.021384168072334,
    "destination_hhi": 878.4901039279966,
    "weighted_share_latest_pct": 1.4908476021072148,
    "weighted_share_change_1y_pp": 0.5055302113092743,
    "weighted_volatility_cv": 0.8641213101771436,
    "weighted_max_drawdown_pct": 90.14993473594086,
    "limited_history_lane_share_pct": 41.57303370786517,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:19",
    "source": "api",
    "product": {
      "hs_code": 731511,
      "hs_description": "Chain: articulated link, roller, of iron or steel",
      "hs_chapter": 73,
      "hs_heading": 7315,
      "substitution_elasticity": -8.6555777,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Chain: articulated link, roller, of iron or steel",
    "hs_chapter": 73,
    "hs_heading": 7315,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "LVA",
      "hs_code": 731511,
      "num_markets": 62,
      "highest_price_importer_iso3": "SRB",
      "highest_price_usd_per_ton": 542571.4285714285,
      "lowest_price_importer_iso3": "UZB",
      "lowest_price_usd_per_ton": 623.4390009606149,
      "median_price_across_markets": 16787.99574128294,
      "price_spread_pct": 3228.1875568849305,
      "avg_quantity_metric_tons": 6.772361809045226,
      "total_trade_value_usd": 11856641
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 4542965.285361053,
        "active_destinations": 32,
        "yoy_growth_pct": 25.477631623506074
      },
      {
        "year": 2011,
        "export_value_usd": 6866647.453149116,
        "active_destinations": 32,
        "yoy_growth_pct": 51.149018797826606
      },
      {
        "year": 2012,
        "export_value_usd": 6498562.277496576,
        "active_destinations": 41,
        "yoy_growth_pct": -5.360478722170769
      },
      {
        "year": 2013,
        "export_value_usd": 4173113.17417454,
        "active_destinations": 43,
        "yoy_growth_pct": -35.78405505744976
      },
      {
        "year": 2014,
        "export_value_usd": 4452073.252761197,
        "active_destinations": 37,
        "yoy_growth_pct": 6.684699574241396
      },
      {
        "year": 2015,
        "export_value_usd": 4531975.746650506,
        "active_destinations": 42,
        "yoy_growth_pct": 1.7947254987269723
      },
      {
        "year": 2016,
        "export_value_usd": 4139153.192022516,
        "active_destinations": 37,
        "yoy_growth_pct": -8.667799136354985
      },
      {
        "year": 2017,
        "export_value_usd": 2724604.340973264,
        "active_destinations": 35,
        "yoy_growth_pct": -34.17483686700806
      },
      {
        "year": 2018,
        "export_value_usd": 3127235.4539291025,
        "active_destinations": 45,
        "yoy_growth_pct": 14.77759933436843
      },
      {
        "year": 2019,
        "export_value_usd": 2823091.706739268,
        "active_destinations": 45,
        "yoy_growth_pct": -9.725642717682298
      },
      {
        "year": 2020,
        "export_value_usd": 2543572.8382930197,
        "active_destinations": 41,
        "yoy_growth_pct": -9.901161474102393
      },
      {
        "year": 2021,
        "export_value_usd": 3056152.7133212616,
        "active_destinations": 44,
        "yoy_growth_pct": 20.151963698913843
      },
      {
        "year": 2022,
        "export_value_usd": 2269384.0683431807,
        "active_destinations": 45,
        "yoy_growth_pct": -25.743760825455063
      },
      {
        "year": 2023,
        "export_value_usd": 1666064.1975096203,
        "active_destinations": 47,
        "yoy_growth_pct": -26.585181382454525
      },
      {
        "year": 2024,
        "export_value_usd": 1223032.0212981326,
        "active_destinations": 46,
        "yoy_growth_pct": -26.591542923359025
      }
    ],
    "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": "731511",
    "hs_description": "Chain: articulated link, roller, of iron or steel",
    "hs_chapter": 73,
    "hs_heading": 7315
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "LVA",
    "hs_code": 731511,
    "num_markets": 62,
    "highest_price_importer_iso3": "SRB",
    "highest_price_usd_per_ton": 542571.4285714285,
    "lowest_price_importer_iso3": "UZB",
    "lowest_price_usd_per_ton": 623.4390009606149,
    "median_price_across_markets": 16787.99574128294,
    "price_spread_pct": 3228.1875568849305,
    "avg_quantity_metric_tons": 6.772361809045226,
    "total_trade_value_usd": 11856641
  },
  "history": [
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      "year": 2010,
      "export_value_usd": 4542965.285361053,
      "active_destinations": 32,
      "yoy_growth_pct": 25.477631623506074
    },
    {
      "year": 2011,
      "export_value_usd": 6866647.453149116,
      "active_destinations": 32,
      "yoy_growth_pct": 51.149018797826606
    },
    {
      "year": 2012,
      "export_value_usd": 6498562.277496576,
      "active_destinations": 41,
      "yoy_growth_pct": -5.360478722170769
    },
    {
      "year": 2013,
      "export_value_usd": 4173113.17417454,
      "active_destinations": 43,
      "yoy_growth_pct": -35.78405505744976
    },
    {
      "year": 2014,
      "export_value_usd": 4452073.252761197,
      "active_destinations": 37,
      "yoy_growth_pct": 6.684699574241396
    },
    {
      "year": 2015,
      "export_value_usd": 4531975.746650506,
      "active_destinations": 42,
      "yoy_growth_pct": 1.7947254987269723
    },
    {
      "year": 2016,
      "export_value_usd": 4139153.192022516,
      "active_destinations": 37,
      "yoy_growth_pct": -8.667799136354985
    },
    {
      "year": 2017,
      "export_value_usd": 2724604.340973264,
      "active_destinations": 35,
      "yoy_growth_pct": -34.17483686700806
    },
    {
      "year": 2018,
      "export_value_usd": 3127235.4539291025,
      "active_destinations": 45,
      "yoy_growth_pct": 14.77759933436843
    },
    {
      "year": 2019,
      "export_value_usd": 2823091.706739268,
      "active_destinations": 45,
      "yoy_growth_pct": -9.725642717682298
    },
    {
      "year": 2020,
      "export_value_usd": 2543572.8382930197,
      "active_destinations": 41,
      "yoy_growth_pct": -9.901161474102393
    },
    {
      "year": 2021,
      "export_value_usd": 3056152.7133212616,
      "active_destinations": 44,
      "yoy_growth_pct": 20.151963698913843
    },
    {
      "year": 2022,
      "export_value_usd": 2269384.0683431807,
      "active_destinations": 45,
      "yoy_growth_pct": -25.743760825455063
    },
    {
      "year": 2023,
      "export_value_usd": 1666064.1975096203,
      "active_destinations": 47,
      "yoy_growth_pct": -26.585181382454525
    },
    {
      "year": 2024,
      "export_value_usd": 1223032.0212981326,
      "active_destinations": 46,
      "yoy_growth_pct": -26.591542923359025
    }
  ],
  "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,
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    "avg_buyer_biz_entry_days": null,
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    "pct_partners_with_fta": 40,
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    "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
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}
```