{
  "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/851580",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851580",
    "exporter": "https://www.yugalinks.com/trade/exporter/lva/851580",
    "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": "851580",
    "exporter_iso3": "LVA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 66,
    "current_lane_count": 14,
    "active_market_count": 14,
    "exports_latest_observed_lanes_usd": 1898131.3935198737,
    "exports_current_2024_usd": 1250362.0768783356,
    "exports_avg_3y_usd": 784294.2738444771,
    "exports_avg_5y_usd": 809973.4538091872,
    "exports_avg_10y_usd": 696923.1266210245,
    "exports_cagr_3y_pct": -0.14093026123845886,
    "exports_cagr_5y_pct": 20.35181606362706,
    "exports_cagr_10y_pct": -2.961918939896424,
    "exports_all_year_lane_avg_usd": 3374183.827334392,
    "exports_historical_lane_peak_usd": 16581039.087585658,
    "historical_peak_year": 2011,
    "positive_growth_year_share_pct": 34.48275862068966,
    "trend_acceleration_pct": 2.820988678657965,
    "trend_label": "Stable",
    "top_market_iso3": "EST",
    "top_market_exports_usd": 1197452.5110941327,
    "top_market_share_pct": 63.085859871565056,
    "destination_hhi": 4337.906501315742,
    "weighted_share_latest_pct": 28.45562034335657,
    "weighted_share_change_1y_pp": 24.421772765150262,
    "weighted_volatility_cv": 2.3517410707665665,
    "weighted_max_drawdown_pct": 73.47776338072399,
    "limited_history_lane_share_pct": 69.6969696969697,
    "data_freshness_years": 0,
    "coverage_score": 77,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:19",
    "source": "api",
    "product": {
      "hs_code": 851580,
      "hs_description": "Welding machines and apparatus: n.e.c. in heading no. 8515, whether or not capable of cutting",
      "hs_chapter": 85,
      "hs_heading": 8515,
      "substitution_elasticity": -5.0820112,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Welding machines and apparatus: n.e.c. in heading no. 8515, whether or not capable of cutting",
    "hs_chapter": 85,
    "hs_heading": 8515,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "LVA",
      "hs_code": 851580,
      "num_markets": 27,
      "highest_price_importer_iso3": "GBR",
      "highest_price_usd_per_ton": 2883400,
      "lowest_price_importer_iso3": "USA",
      "lowest_price_usd_per_ton": 645.4451345755693,
      "median_price_across_markets": 41268.13590449954,
      "price_spread_pct": 6985.424690702137,
      "avg_quantity_metric_tons": 3.113539682539683,
      "total_trade_value_usd": 3633214
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 603359.2620147961,
        "active_destinations": 10,
        "yoy_growth_pct": 441.9233598423636
      },
      {
        "year": 2011,
        "export_value_usd": 5423398.457714336,
        "active_destinations": 13,
        "yoy_growth_pct": 798.8671922602124
      },
      {
        "year": 2012,
        "export_value_usd": 4225030.7372451965,
        "active_destinations": 14,
        "yoy_growth_pct": -22.096250714615305
      },
      {
        "year": 2013,
        "export_value_usd": 3780242.896358934,
        "active_destinations": 19,
        "yoy_growth_pct": -10.527446273119251
      },
      {
        "year": 2014,
        "export_value_usd": 1688938.3455917123,
        "active_destinations": 15,
        "yoy_growth_pct": -55.321962321033155
      },
      {
        "year": 2015,
        "export_value_usd": 411112.1838954392,
        "active_destinations": 13,
        "yoy_growth_pct": -75.65854402154582
      },
      {
        "year": 2016,
        "export_value_usd": 379230.1872161681,
        "active_destinations": 20,
        "yoy_growth_pct": -7.755060036697881
      },
      {
        "year": 2017,
        "export_value_usd": 1009007.8938206349,
        "active_destinations": 16,
        "yoy_growth_pct": 166.0673985970115
      },
      {
        "year": 2018,
        "export_value_usd": 624822.9485157022,
        "active_destinations": 17,
        "yoy_growth_pct": -38.07551434015114
      },
      {
        "year": 2019,
        "export_value_usd": 495190.7837163646,
        "active_destinations": 16,
        "yoy_growth_pct": -20.747023634020675
      },
      {
        "year": 2020,
        "export_value_usd": 441321.0196187953,
        "active_destinations": 14,
        "yoy_growth_pct": -10.87858778252723
      },
      {
        "year": 2021,
        "export_value_usd": 1255663.4278937094,
        "active_destinations": 14,
        "yoy_growth_pct": 184.52382099958157
      },
      {
        "year": 2022,
        "export_value_usd": 758597.2586426579,
        "active_destinations": 15,
        "yoy_growth_pct": -39.585939847340015
      },
      {
        "year": 2023,
        "export_value_usd": 343923.4860124382,
        "active_destinations": 11,
        "yoy_growth_pct": -54.66323110265212
      },
      {
        "year": 2024,
        "export_value_usd": 1250362.0768783356,
        "active_destinations": 14,
        "yoy_growth_pct": 263.55821214056766
      }
    ],
    "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": "851580",
    "hs_description": "Welding machines and apparatus: n.e.c. in heading no. 8515, whether or not capable of cutting",
    "hs_chapter": 85,
    "hs_heading": 8515
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "LVA",
    "hs_code": 851580,
    "num_markets": 27,
    "highest_price_importer_iso3": "GBR",
    "highest_price_usd_per_ton": 2883400,
    "lowest_price_importer_iso3": "USA",
    "lowest_price_usd_per_ton": 645.4451345755693,
    "median_price_across_markets": 41268.13590449954,
    "price_spread_pct": 6985.424690702137,
    "avg_quantity_metric_tons": 3.113539682539683,
    "total_trade_value_usd": 3633214
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 603359.2620147961,
      "active_destinations": 10,
      "yoy_growth_pct": 441.9233598423636
    },
    {
      "year": 2011,
      "export_value_usd": 5423398.457714336,
      "active_destinations": 13,
      "yoy_growth_pct": 798.8671922602124
    },
    {
      "year": 2012,
      "export_value_usd": 4225030.7372451965,
      "active_destinations": 14,
      "yoy_growth_pct": -22.096250714615305
    },
    {
      "year": 2013,
      "export_value_usd": 3780242.896358934,
      "active_destinations": 19,
      "yoy_growth_pct": -10.527446273119251
    },
    {
      "year": 2014,
      "export_value_usd": 1688938.3455917123,
      "active_destinations": 15,
      "yoy_growth_pct": -55.321962321033155
    },
    {
      "year": 2015,
      "export_value_usd": 411112.1838954392,
      "active_destinations": 13,
      "yoy_growth_pct": -75.65854402154582
    },
    {
      "year": 2016,
      "export_value_usd": 379230.1872161681,
      "active_destinations": 20,
      "yoy_growth_pct": -7.755060036697881
    },
    {
      "year": 2017,
      "export_value_usd": 1009007.8938206349,
      "active_destinations": 16,
      "yoy_growth_pct": 166.0673985970115
    },
    {
      "year": 2018,
      "export_value_usd": 624822.9485157022,
      "active_destinations": 17,
      "yoy_growth_pct": -38.07551434015114
    },
    {
      "year": 2019,
      "export_value_usd": 495190.7837163646,
      "active_destinations": 16,
      "yoy_growth_pct": -20.747023634020675
    },
    {
      "year": 2020,
      "export_value_usd": 441321.0196187953,
      "active_destinations": 14,
      "yoy_growth_pct": -10.87858778252723
    },
    {
      "year": 2021,
      "export_value_usd": 1255663.4278937094,
      "active_destinations": 14,
      "yoy_growth_pct": 184.52382099958157
    },
    {
      "year": 2022,
      "export_value_usd": 758597.2586426579,
      "active_destinations": 15,
      "yoy_growth_pct": -39.585939847340015
    },
    {
      "year": 2023,
      "export_value_usd": 343923.4860124382,
      "active_destinations": 11,
      "yoy_growth_pct": -54.66323110265212
    },
    {
      "year": 2024,
      "export_value_usd": 1250362.0768783356,
      "active_destinations": 14,
      "yoy_growth_pct": 263.55821214056766
    }
  ],
  "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
  }
}