# Latvia HS 848350 exports | Yugalinks

Explore reported HS 848350 exports from Latvia: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Latvia |
| HS6 | 848350 |
| Latest exports | $2.4M |
| Active destinations | 49 |
| Three-year growth | +16.6% |
| Destination HHI | 1,686 |
| Weighted share | 3.6% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Denmark at $748.5K / ton.
- Lowest reported market price: Bulgaria at $1.1K / ton.
- Median reported price: $31.8K / ton.
- Price spread: 2,349%.

## Export history

- 2010: $297.6K
- 2011: $452.9K
- 2012: $262.0K
- 2013: $776.0K
- 2014: $1.5M
- 2015: $1.6M
- 2016: $2.1M
- 2017: $2.0M
- 2018: $1.5M
- 2019: $1.1M
- 2020: $1.0M
- 2021: $1.4M
- 2022: $1.7M
- 2023: $2.1M
- 2024: $2.3M

## 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/848350",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/848350",
    "exporter": "https://www.yugalinks.com/trade/exporter/lva/848350",
    "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": "848350",
    "exporter_iso3": "LVA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 100,
    "current_lane_count": 49,
    "active_market_count": 49,
    "exports_latest_observed_lanes_usd": 2353061.8102332265,
    "exports_current_2024_usd": 2295521.1838083277,
    "exports_avg_3y_usd": 2052282.4572444635,
    "exports_avg_5y_usd": 1728856.20064959,
    "exports_avg_10y_usd": 1693503.3918484454,
    "exports_cagr_3y_pct": 16.561305736848,
    "exports_cagr_5y_pct": 16.873937432692543,
    "exports_cagr_10y_pct": 4.619838119996511,
    "exports_all_year_lane_avg_usd": 1080631.5935040298,
    "exports_historical_lane_peak_usd": 5207006.882128659,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": 11.941467616851487,
    "trend_label": "Rapid growth",
    "top_market_iso3": "EST",
    "top_market_exports_usd": 703026.5399760263,
    "top_market_share_pct": 29.877096169706864,
    "destination_hhi": 1686.087481068136,
    "weighted_share_latest_pct": 3.601806371876366,
    "weighted_share_change_1y_pp": 1.310451723004061,
    "weighted_volatility_cv": 1.4104299471895902,
    "weighted_max_drawdown_pct": 87.76057385429594,
    "limited_history_lane_share_pct": 55,
    "data_freshness_years": 0,
    "coverage_score": 90,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:19",
    "source": "api",
    "product": {
      "hs_code": 848350,
      "hs_description": "Pulleys and flywheels, including pulley blocks",
      "hs_chapter": 84,
      "hs_heading": 8483,
      "substitution_elasticity": -5.2809448,
      "price_range_label": "Unclassified",
      "trade_type_label": "Two-way trade"
    },
    "hs_description": "Pulleys and flywheels, including pulley blocks",
    "hs_chapter": 84,
    "hs_heading": 8483,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "LVA",
      "hs_code": 848350,
      "num_markets": 69,
      "highest_price_importer_iso3": "DNK",
      "highest_price_usd_per_ton": 748500,
      "lowest_price_importer_iso3": "BGR",
      "lowest_price_usd_per_ton": 1122.181031819586,
      "median_price_across_markets": 31816.69611307421,
      "price_spread_pct": 2349.011400530257,
      "avg_quantity_metric_tons": 2.067767676767677,
      "total_trade_value_usd": 7568899
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 297565.3090649877,
        "active_destinations": 16,
        "yoy_growth_pct": 35.59313820064396
      },
      {
        "year": 2011,
        "export_value_usd": 452907.32724689995,
        "active_destinations": 18,
        "yoy_growth_pct": 52.204344205992726
      },
      {
        "year": 2012,
        "export_value_usd": 261957.4856324465,
        "active_destinations": 18,
        "yoy_growth_pct": -42.16090801073708
      },
      {
        "year": 2013,
        "export_value_usd": 776042.0115468149,
        "active_destinations": 18,
        "yoy_growth_pct": 196.24731267870018
      },
      {
        "year": 2014,
        "export_value_usd": 1461304.9920761222,
        "active_destinations": 24,
        "yoy_growth_pct": 88.30230455738266
      },
      {
        "year": 2015,
        "export_value_usd": 1596105.982476253,
        "active_destinations": 24,
        "yoy_growth_pct": 9.224699233293855
      },
      {
        "year": 2016,
        "export_value_usd": 2149729.201197779,
        "active_destinations": 31,
        "yoy_growth_pct": 34.68586828191796
      },
      {
        "year": 2017,
        "export_value_usd": 2033738.9189828145,
        "active_destinations": 31,
        "yoy_growth_pct": -5.395576435875607
      },
      {
        "year": 2018,
        "export_value_usd": 1458507.161067661,
        "active_destinations": 37,
        "yoy_growth_pct": -28.284444603285603
      },
      {
        "year": 2019,
        "export_value_usd": 1052671.6515119963,
        "active_destinations": 38,
        "yoy_growth_pct": -27.825403973922462
      },
      {
        "year": 2020,
        "export_value_usd": 1037934.0527869419,
        "active_destinations": 43,
        "yoy_growth_pct": -1.40001858166183
      },
      {
        "year": 2021,
        "export_value_usd": 1449499.5787276183,
        "active_destinations": 51,
        "yoy_growth_pct": 39.652377223349376
      },
      {
        "year": 2022,
        "export_value_usd": 1738326.3227820462,
        "active_destinations": 50,
        "yoy_growth_pct": 19.925962607589174
      },
      {
        "year": 2023,
        "export_value_usd": 2122999.865143016,
        "active_destinations": 53,
        "yoy_growth_pct": 22.12896032922817
      },
      {
        "year": 2024,
        "export_value_usd": 2295521.1838083277,
        "active_destinations": 49,
        "yoy_growth_pct": 8.126299087338367
      }
    ],
    "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": "848350",
    "hs_description": "Pulleys and flywheels, including pulley blocks",
    "hs_chapter": 84,
    "hs_heading": 8483
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "LVA",
    "hs_code": 848350,
    "num_markets": 69,
    "highest_price_importer_iso3": "DNK",
    "highest_price_usd_per_ton": 748500,
    "lowest_price_importer_iso3": "BGR",
    "lowest_price_usd_per_ton": 1122.181031819586,
    "median_price_across_markets": 31816.69611307421,
    "price_spread_pct": 2349.011400530257,
    "avg_quantity_metric_tons": 2.067767676767677,
    "total_trade_value_usd": 7568899
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 297565.3090649877,
      "active_destinations": 16,
      "yoy_growth_pct": 35.59313820064396
    },
    {
      "year": 2011,
      "export_value_usd": 452907.32724689995,
      "active_destinations": 18,
      "yoy_growth_pct": 52.204344205992726
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    {
      "year": 2012,
      "export_value_usd": 261957.4856324465,
      "active_destinations": 18,
      "yoy_growth_pct": -42.16090801073708
    },
    {
      "year": 2013,
      "export_value_usd": 776042.0115468149,
      "active_destinations": 18,
      "yoy_growth_pct": 196.24731267870018
    },
    {
      "year": 2014,
      "export_value_usd": 1461304.9920761222,
      "active_destinations": 24,
      "yoy_growth_pct": 88.30230455738266
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    {
      "year": 2015,
      "export_value_usd": 1596105.982476253,
      "active_destinations": 24,
      "yoy_growth_pct": 9.224699233293855
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    {
      "year": 2016,
      "export_value_usd": 2149729.201197779,
      "active_destinations": 31,
      "yoy_growth_pct": 34.68586828191796
    },
    {
      "year": 2017,
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      "active_destinations": 31,
      "yoy_growth_pct": -5.395576435875607
    },
    {
      "year": 2018,
      "export_value_usd": 1458507.161067661,
      "active_destinations": 37,
      "yoy_growth_pct": -28.284444603285603
    },
    {
      "year": 2019,
      "export_value_usd": 1052671.6515119963,
      "active_destinations": 38,
      "yoy_growth_pct": -27.825403973922462
    },
    {
      "year": 2020,
      "export_value_usd": 1037934.0527869419,
      "active_destinations": 43,
      "yoy_growth_pct": -1.40001858166183
    },
    {
      "year": 2021,
      "export_value_usd": 1449499.5787276183,
      "active_destinations": 51,
      "yoy_growth_pct": 39.652377223349376
    },
    {
      "year": 2022,
      "export_value_usd": 1738326.3227820462,
      "active_destinations": 50,
      "yoy_growth_pct": 19.925962607589174
    },
    {
      "year": 2023,
      "export_value_usd": 2122999.865143016,
      "active_destinations": 53,
      "yoy_growth_pct": 22.12896032922817
    },
    {
      "year": 2024,
      "export_value_usd": 2295521.1838083277,
      "active_destinations": 49,
      "yoy_growth_pct": 8.126299087338367
    }
  ],
  "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,
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    "pct_products_low_elasticity": 2.8083028083028085,
    "real_market_potential": 30425024.478984874,
    "foreign_market_potential": 573430.853308151
  }
}
```