{
  "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/841861",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/841861",
    "exporter": "https://www.yugalinks.com/trade/exporter/lva/841861",
    "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": "841861",
    "exporter_iso3": "LVA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 45,
    "current_lane_count": 21,
    "active_market_count": 21,
    "exports_latest_observed_lanes_usd": 5450521.000900036,
    "exports_current_2024_usd": 5268191.594745012,
    "exports_avg_3y_usd": 4452868.832772785,
    "exports_avg_5y_usd": 3463680.9872885654,
    "exports_avg_10y_usd": 2527255.019215434,
    "exports_cagr_3y_pct": 44.06886521503204,
    "exports_cagr_5y_pct": 25.707272345542442,
    "exports_cagr_10y_pct": 9.276923294906837,
    "exports_all_year_lane_avg_usd": 1921336.873366875,
    "exports_historical_lane_peak_usd": 8658061.130978085,
    "historical_peak_year": 2023,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": 34.791941920125204,
    "trend_label": "Rapid growth",
    "top_market_iso3": "RUS",
    "top_market_exports_usd": 1451540.5509999997,
    "top_market_share_pct": 26.631225726133508,
    "destination_hhi": 1835.1384737489554,
    "weighted_share_latest_pct": 8.763264085100944,
    "weighted_share_change_1y_pp": 1.4276567699901876,
    "weighted_volatility_cv": 1.5209511072322541,
    "weighted_max_drawdown_pct": 89.10368172306399,
    "limited_history_lane_share_pct": 60,
    "data_freshness_years": 0,
    "coverage_score": 80.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:19",
    "source": "api",
    "product": {
      "hs_code": 841861,
      "hs_description": "Heat pumps: other than air conditioning machines of heading no. 8415",
      "hs_chapter": 84,
      "hs_heading": 8418,
      "substitution_elasticity": -9.5246401,
      "price_range_label": "Medium price range",
      "trade_type_label": "Two-way horizontal trade"
    },
    "hs_description": "Heat pumps: other than air conditioning machines of heading no. 8415",
    "hs_chapter": 84,
    "hs_heading": 8418,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "LVA",
      "hs_code": 841861,
      "num_markets": 26,
      "highest_price_importer_iso3": "CZE",
      "highest_price_usd_per_ton": 60769.23076923077,
      "lowest_price_importer_iso3": "POL",
      "lowest_price_usd_per_ton": 73.3986060404912,
      "median_price_across_markets": 22593.04614038924,
      "price_spread_pct": 268.64829021300176,
      "avg_quantity_metric_tons": 13.287718750000002,
      "total_trade_value_usd": 16589696
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 1033788.6262705538,
        "active_destinations": 11,
        "yoy_growth_pct": 65.48875157019843
      },
      {
        "year": 2011,
        "export_value_usd": 1772217.7185602274,
        "active_destinations": 15,
        "yoy_growth_pct": 71.42940766852843
      },
      {
        "year": 2012,
        "export_value_usd": 1409732.0295398259,
        "active_destinations": 8,
        "yoy_growth_pct": -20.453789916675117
      },
      {
        "year": 2013,
        "export_value_usd": 1962683.4000162128,
        "active_destinations": 6,
        "yoy_growth_pct": 39.223863747841854
      },
      {
        "year": 2014,
        "export_value_usd": 2169586.5114405737,
        "active_destinations": 11,
        "yoy_growth_pct": 10.541848543817702
      },
      {
        "year": 2015,
        "export_value_usd": 1968601.4791070935,
        "active_destinations": 8,
        "yoy_growth_pct": -9.263748242978755
      },
      {
        "year": 2016,
        "export_value_usd": 1363341.047352234,
        "active_destinations": 11,
        "yoy_growth_pct": -30.745706440766774
      },
      {
        "year": 2017,
        "export_value_usd": 990529.7516649847,
        "active_destinations": 10,
        "yoy_growth_pct": -27.345417084836686
      },
      {
        "year": 2018,
        "export_value_usd": 1953411.8081859592,
        "active_destinations": 10,
        "yoy_growth_pct": 97.20879710099194
      },
      {
        "year": 2019,
        "export_value_usd": 1678261.1694012429,
        "active_destinations": 11,
        "yoy_growth_pct": -14.08564428819726
      },
      {
        "year": 2020,
        "export_value_usd": 2198020.549858929,
        "active_destinations": 15,
        "yoy_growth_pct": 30.97011299159844
      },
      {
        "year": 2021,
        "export_value_usd": 1761777.8882655427,
        "active_destinations": 10,
        "yoy_growth_pct": -19.847069292477038
      },
      {
        "year": 2022,
        "export_value_usd": 2098224.043263277,
        "active_destinations": 16,
        "yoy_growth_pct": 19.096967741430966
      },
      {
        "year": 2023,
        "export_value_usd": 5992190.860310066,
        "active_destinations": 17,
        "yoy_growth_pct": 185.58393845257203
      },
      {
        "year": 2024,
        "export_value_usd": 5268191.594745012,
        "active_destinations": 21,
        "yoy_growth_pct": -12.082379924854234
      }
    ],
    "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": "841861",
    "hs_description": "Heat pumps: other than air conditioning machines of heading no. 8415",
    "hs_chapter": 84,
    "hs_heading": 8418
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "LVA",
    "hs_code": 841861,
    "num_markets": 26,
    "highest_price_importer_iso3": "CZE",
    "highest_price_usd_per_ton": 60769.23076923077,
    "lowest_price_importer_iso3": "POL",
    "lowest_price_usd_per_ton": 73.3986060404912,
    "median_price_across_markets": 22593.04614038924,
    "price_spread_pct": 268.64829021300176,
    "avg_quantity_metric_tons": 13.287718750000002,
    "total_trade_value_usd": 16589696
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 1033788.6262705538,
      "active_destinations": 11,
      "yoy_growth_pct": 65.48875157019843
    },
    {
      "year": 2011,
      "export_value_usd": 1772217.7185602274,
      "active_destinations": 15,
      "yoy_growth_pct": 71.42940766852843
    },
    {
      "year": 2012,
      "export_value_usd": 1409732.0295398259,
      "active_destinations": 8,
      "yoy_growth_pct": -20.453789916675117
    },
    {
      "year": 2013,
      "export_value_usd": 1962683.4000162128,
      "active_destinations": 6,
      "yoy_growth_pct": 39.223863747841854
    },
    {
      "year": 2014,
      "export_value_usd": 2169586.5114405737,
      "active_destinations": 11,
      "yoy_growth_pct": 10.541848543817702
    },
    {
      "year": 2015,
      "export_value_usd": 1968601.4791070935,
      "active_destinations": 8,
      "yoy_growth_pct": -9.263748242978755
    },
    {
      "year": 2016,
      "export_value_usd": 1363341.047352234,
      "active_destinations": 11,
      "yoy_growth_pct": -30.745706440766774
    },
    {
      "year": 2017,
      "export_value_usd": 990529.7516649847,
      "active_destinations": 10,
      "yoy_growth_pct": -27.345417084836686
    },
    {
      "year": 2018,
      "export_value_usd": 1953411.8081859592,
      "active_destinations": 10,
      "yoy_growth_pct": 97.20879710099194
    },
    {
      "year": 2019,
      "export_value_usd": 1678261.1694012429,
      "active_destinations": 11,
      "yoy_growth_pct": -14.08564428819726
    },
    {
      "year": 2020,
      "export_value_usd": 2198020.549858929,
      "active_destinations": 15,
      "yoy_growth_pct": 30.97011299159844
    },
    {
      "year": 2021,
      "export_value_usd": 1761777.8882655427,
      "active_destinations": 10,
      "yoy_growth_pct": -19.847069292477038
    },
    {
      "year": 2022,
      "export_value_usd": 2098224.043263277,
      "active_destinations": 16,
      "yoy_growth_pct": 19.096967741430966
    },
    {
      "year": 2023,
      "export_value_usd": 5992190.860310066,
      "active_destinations": 17,
      "yoy_growth_pct": 185.58393845257203
    },
    {
      "year": 2024,
      "export_value_usd": 5268191.594745012,
      "active_destinations": 21,
      "yoy_growth_pct": -12.082379924854234
    }
  ],
  "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
  }
}