# Latvia HS 840721 exports | Yugalinks

Explore reported HS 840721 exports from Latvia: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Latvia |
| HS6 | 840721 |
| Latest exports | $806.0K |
| Active destinations | 10 |
| Three-year growth | -8.9% |
| Destination HHI | 1,189 |
| Weighted share | 0.6% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Iceland at $1.5M / ton.
- Lowest reported market price: Russia at $8.2K / ton.
- Median reported price: $54.8K / ton.
- Price spread: 2,783.8%.

## Export history

- 2010: $68.0K
- 2011: $95.8K
- 2012: $144.5K
- 2013: $413.4K
- 2014: $303.8K
- 2015: $195.9K
- 2016: $278.0K
- 2017: $353.2K
- 2018: $281.1K
- 2019: $221.8K
- 2020: $197.3K
- 2021: $553.8K
- 2022: $605.0K
- 2023: $277.0K
- 2024: $419.3K

## 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/840721",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/840721",
    "exporter": "https://www.yugalinks.com/trade/exporter/lva/840721",
    "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": "840721",
    "exporter_iso3": "LVA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 41,
    "current_lane_count": 10,
    "active_market_count": 10,
    "exports_latest_observed_lanes_usd": 806007.6785431247,
    "exports_current_2024_usd": 419328.18731457164,
    "exports_avg_3y_usd": 433780.11820464116,
    "exports_avg_5y_usd": 410490.8100125351,
    "exports_avg_10y_usd": 338243.8587419274,
    "exports_cagr_3y_pct": -8.853245162882661,
    "exports_cagr_5y_pct": 13.583356353969812,
    "exports_cagr_10y_pct": 3.276595620759526,
    "exports_all_year_lane_avg_usd": 610621.1880830682,
    "exports_historical_lane_peak_usd": 1470625.6301624216,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 60.714285714285715,
    "trend_acceleration_pct": -12.129840783642187,
    "trend_label": "Declining",
    "top_market_iso3": "POL",
    "top_market_exports_usd": 204237.52253046885,
    "top_market_share_pct": 25.339401592256827,
    "destination_hhi": 1188.7911535843277,
    "weighted_share_latest_pct": 0.5627085672960923,
    "weighted_share_change_1y_pp": 0.17212836927119152,
    "weighted_volatility_cv": 0.8974102824909596,
    "weighted_max_drawdown_pct": 60.06901852402714,
    "limited_history_lane_share_pct": 65.85365853658537,
    "data_freshness_years": 0,
    "coverage_score": 75,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:19",
    "source": "api",
    "product": {
      "hs_code": 840721,
      "hs_description": "Engines: outboard motors for marine propulsion, spark-ignition reciprocating or rotary internal combustion piston engines",
      "hs_chapter": 84,
      "hs_heading": 8407,
      "substitution_elasticity": -11.027006,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Engines: outboard motors for marine propulsion, spark-ignition reciprocating or rotary internal combustion piston engines",
    "hs_chapter": 84,
    "hs_heading": 8407,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "LVA",
      "hs_code": 840721,
      "num_markets": 26,
      "highest_price_importer_iso3": "ISL",
      "highest_price_usd_per_ton": 1535000,
      "lowest_price_importer_iso3": "RUS",
      "lowest_price_usd_per_ton": 8211.726384364822,
      "median_price_across_markets": 54844.705882352944,
      "price_spread_pct": 2783.8389303987515,
      "avg_quantity_metric_tons": 0.6630169491525424,
      "total_trade_value_usd": 2181188
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 68019.48191607473,
        "active_destinations": 8,
        "yoy_growth_pct": 2.5558116416554326
      },
      {
        "year": 2011,
        "export_value_usd": 95783.88962195459,
        "active_destinations": 5,
        "yoy_growth_pct": 40.818316934752225
      },
      {
        "year": 2012,
        "export_value_usd": 144509.4312100925,
        "active_destinations": 6,
        "yoy_growth_pct": 50.87028912737905
      },
      {
        "year": 2013,
        "export_value_usd": 413401.88095994305,
        "active_destinations": 7,
        "yoy_growth_pct": 186.07259574562022
      },
      {
        "year": 2014,
        "export_value_usd": 303763.03360660886,
        "active_destinations": 9,
        "yoy_growth_pct": -26.52112929402896
      },
      {
        "year": 2015,
        "export_value_usd": 195905.87076984704,
        "active_destinations": 10,
        "yoy_growth_pct": -35.50700740513516
      },
      {
        "year": 2016,
        "export_value_usd": 278008.245827771,
        "active_destinations": 10,
        "yoy_growth_pct": 41.90909375777667
      },
      {
        "year": 2017,
        "export_value_usd": 353178.03361302457,
        "active_destinations": 11,
        "yoy_growth_pct": 27.038690007713654
      },
      {
        "year": 2018,
        "export_value_usd": 281082.6701606031,
        "active_destinations": 8,
        "yoy_growth_pct": -20.4133203627879
      },
      {
        "year": 2019,
        "export_value_usd": 221809.7169853537,
        "active_destinations": 9,
        "yoy_growth_pct": -21.0873737400397
      },
      {
        "year": 2020,
        "export_value_usd": 197342.42047447452,
        "active_destinations": 12,
        "yoy_growth_pct": -11.030759537236495
      },
      {
        "year": 2021,
        "export_value_usd": 553771.2749742772,
        "active_destinations": 15,
        "yoy_growth_pct": 180.6144130809956
      },
      {
        "year": 2022,
        "export_value_usd": 605031.3921504761,
        "active_destinations": 18,
        "yoy_growth_pct": 9.256550401351154
      },
      {
        "year": 2023,
        "export_value_usd": 276980.7751488757,
        "active_destinations": 13,
        "yoy_growth_pct": -54.22042909800151
      },
      {
        "year": 2024,
        "export_value_usd": 419328.18731457164,
        "active_destinations": 10,
        "yoy_growth_pct": 51.392524296744035
      }
    ],
    "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": "840721",
    "hs_description": "Engines: outboard motors for marine propulsion, spark-ignition reciprocating or rotary internal combustion piston engines",
    "hs_chapter": 84,
    "hs_heading": 8407
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "LVA",
    "hs_code": 840721,
    "num_markets": 26,
    "highest_price_importer_iso3": "ISL",
    "highest_price_usd_per_ton": 1535000,
    "lowest_price_importer_iso3": "RUS",
    "lowest_price_usd_per_ton": 8211.726384364822,
    "median_price_across_markets": 54844.705882352944,
    "price_spread_pct": 2783.8389303987515,
    "avg_quantity_metric_tons": 0.6630169491525424,
    "total_trade_value_usd": 2181188
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 68019.48191607473,
      "active_destinations": 8,
      "yoy_growth_pct": 2.5558116416554326
    },
    {
      "year": 2011,
      "export_value_usd": 95783.88962195459,
      "active_destinations": 5,
      "yoy_growth_pct": 40.818316934752225
    },
    {
      "year": 2012,
      "export_value_usd": 144509.4312100925,
      "active_destinations": 6,
      "yoy_growth_pct": 50.87028912737905
    },
    {
      "year": 2013,
      "export_value_usd": 413401.88095994305,
      "active_destinations": 7,
      "yoy_growth_pct": 186.07259574562022
    },
    {
      "year": 2014,
      "export_value_usd": 303763.03360660886,
      "active_destinations": 9,
      "yoy_growth_pct": -26.52112929402896
    },
    {
      "year": 2015,
      "export_value_usd": 195905.87076984704,
      "active_destinations": 10,
      "yoy_growth_pct": -35.50700740513516
    },
    {
      "year": 2016,
      "export_value_usd": 278008.245827771,
      "active_destinations": 10,
      "yoy_growth_pct": 41.90909375777667
    },
    {
      "year": 2017,
      "export_value_usd": 353178.03361302457,
      "active_destinations": 11,
      "yoy_growth_pct": 27.038690007713654
    },
    {
      "year": 2018,
      "export_value_usd": 281082.6701606031,
      "active_destinations": 8,
      "yoy_growth_pct": -20.4133203627879
    },
    {
      "year": 2019,
      "export_value_usd": 221809.7169853537,
      "active_destinations": 9,
      "yoy_growth_pct": -21.0873737400397
    },
    {
      "year": 2020,
      "export_value_usd": 197342.42047447452,
      "active_destinations": 12,
      "yoy_growth_pct": -11.030759537236495
    },
    {
      "year": 2021,
      "export_value_usd": 553771.2749742772,
      "active_destinations": 15,
      "yoy_growth_pct": 180.6144130809956
    },
    {
      "year": 2022,
      "export_value_usd": 605031.3921504761,
      "active_destinations": 18,
      "yoy_growth_pct": 9.256550401351154
    },
    {
      "year": 2023,
      "export_value_usd": 276980.7751488757,
      "active_destinations": 13,
      "yoy_growth_pct": -54.22042909800151
    },
    {
      "year": 2024,
      "export_value_usd": 419328.18731457164,
      "active_destinations": 10,
      "yoy_growth_pct": 51.392524296744035
    }
  ],
  "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,
    "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
  }
}
```