# Latvia HS 851590 exports | Yugalinks

Explore reported HS 851590 exports from Latvia: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Latvia |
| HS6 | 851590 |
| Latest exports | $620.5K |
| Active destinations | 19 |
| Three-year growth | -14.1% |
| Destination HHI | 1,960 |
| Weighted share | 0.6% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Georgia at $4.9M / ton.
- Lowest reported market price: Poland at $2.4K / ton.
- Median reported price: $26.0K / ton.
- Price spread: 18,839.7%.

## Export history

- 2010: $96.7K
- 2011: $202.2K
- 2012: $251.4K
- 2013: $246.3K
- 2014: $263.8K
- 2015: $247.9K
- 2016: $492.3K
- 2017: $187.4K
- 2018: $481.1K
- 2019: $381.6K
- 2020: $360.1K
- 2021: $513.3K
- 2022: $454.0K
- 2023: $908.2K
- 2024: $324.9K

## 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/851590",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851590",
    "exporter": "https://www.yugalinks.com/trade/exporter/lva/851590",
    "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": "851590",
    "exporter_iso3": "LVA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 75,
    "current_lane_count": 19,
    "active_market_count": 19,
    "exports_latest_observed_lanes_usd": 620477.9424609857,
    "exports_current_2024_usd": 324903.71185033506,
    "exports_avg_3y_usd": 562374.6022176761,
    "exports_avg_5y_usd": 512102.00159667793,
    "exports_avg_10y_usd": 435082.6032280694,
    "exports_cagr_3y_pct": -14.138937059329793,
    "exports_cagr_5y_pct": -3.1659891406326635,
    "exports_cagr_10y_pct": 2.1068771793303798,
    "exports_all_year_lane_avg_usd": 745021.1117487707,
    "exports_historical_lane_peak_usd": 7332083.798582867,
    "historical_peak_year": 2009,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": -16.245814238660174,
    "trend_label": "Rapid decline",
    "top_market_iso3": "AUT",
    "top_market_exports_usd": 201279.29427992096,
    "top_market_share_pct": 32.439395586181845,
    "destination_hhi": 1960.097497237224,
    "weighted_share_latest_pct": 0.5854694674766442,
    "weighted_share_change_1y_pp": -0.08705900502815693,
    "weighted_volatility_cv": 1.5715378971952891,
    "weighted_max_drawdown_pct": 87.09362171621385,
    "limited_history_lane_share_pct": 56,
    "data_freshness_years": 0,
    "coverage_score": 79.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:19",
    "source": "api",
    "product": {
      "hs_code": 851590,
      "hs_description": "Welding, brazing or soldering machines: parts of the machines of heading no. 8515",
      "hs_chapter": 85,
      "hs_heading": 8515,
      "substitution_elasticity": -3.0247707,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Welding, brazing or soldering machines: parts of the machines of heading no. 8515",
    "hs_chapter": 85,
    "hs_heading": 8515,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "LVA",
      "hs_code": 851590,
      "num_markets": 41,
      "highest_price_importer_iso3": "GEO",
      "highest_price_usd_per_ton": 4903000,
      "lowest_price_importer_iso3": "POL",
      "lowest_price_usd_per_ton": 2391.304347826087,
      "median_price_across_markets": 26012.127337038906,
      "price_spread_pct": 18839.707464733776,
      "avg_quantity_metric_tons": 1.0821441441441442,
      "total_trade_value_usd": 2447546
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 96735.23989698551,
        "active_destinations": 15,
        "yoy_growth_pct": -97.00661075122626
      },
      {
        "year": 2011,
        "export_value_usd": 202210.10331825388,
        "active_destinations": 16,
        "yoy_growth_pct": 109.03458091755371
      },
      {
        "year": 2012,
        "export_value_usd": 251428.6770349163,
        "active_destinations": 25,
        "yoy_growth_pct": 24.340313816663464
      },
      {
        "year": 2013,
        "export_value_usd": 246276.77970416288,
        "active_destinations": 21,
        "yoy_growth_pct": -2.0490492140790946
      },
      {
        "year": 2014,
        "export_value_usd": 263757.44850259175,
        "active_destinations": 22,
        "yoy_growth_pct": 7.097976845168807
      },
      {
        "year": 2015,
        "export_value_usd": 247937.1052452601,
        "active_destinations": 19,
        "yoy_growth_pct": -5.998065020399294
      },
      {
        "year": 2016,
        "export_value_usd": 492296.89821646124,
        "active_destinations": 25,
        "yoy_growth_pct": 98.557169460166
      },
      {
        "year": 2017,
        "export_value_usd": 187377.70291321125,
        "active_destinations": 19,
        "yoy_growth_pct": -61.93806956898153
      },
      {
        "year": 2018,
        "export_value_usd": 481098.4277130567,
        "active_destinations": 21,
        "yoy_growth_pct": 156.75329574079026
      },
      {
        "year": 2019,
        "export_value_usd": 381605.89020931546,
        "active_destinations": 25,
        "yoy_growth_pct": -20.680287394969813
      },
      {
        "year": 2020,
        "export_value_usd": 360092.552015326,
        "active_destinations": 23,
        "yoy_growth_pct": -5.637580222409342
      },
      {
        "year": 2021,
        "export_value_usd": 513293.649315035,
        "active_destinations": 21,
        "yoy_growth_pct": 42.544922532357354
      },
      {
        "year": 2022,
        "export_value_usd": 453972.8098424626,
        "active_destinations": 29,
        "yoy_growth_pct": -11.556901113374996
      },
      {
        "year": 2023,
        "export_value_usd": 908247.2849602306,
        "active_destinations": 30,
        "yoy_growth_pct": 100.06645007559155
      },
      {
        "year": 2024,
        "export_value_usd": 324903.71185033506,
        "active_destinations": 19,
        "yoy_growth_pct": -64.2273952005745
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    "economy": {
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      "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": "851590",
    "hs_description": "Welding, brazing or soldering machines: parts of the machines of heading no. 8515",
    "hs_chapter": 85,
    "hs_heading": 8515
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "LVA",
    "hs_code": 851590,
    "num_markets": 41,
    "highest_price_importer_iso3": "GEO",
    "highest_price_usd_per_ton": 4903000,
    "lowest_price_importer_iso3": "POL",
    "lowest_price_usd_per_ton": 2391.304347826087,
    "median_price_across_markets": 26012.127337038906,
    "price_spread_pct": 18839.707464733776,
    "avg_quantity_metric_tons": 1.0821441441441442,
    "total_trade_value_usd": 2447546
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  "history": [
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      "year": 2010,
      "export_value_usd": 96735.23989698551,
      "active_destinations": 15,
      "yoy_growth_pct": -97.00661075122626
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    {
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      "active_destinations": 16,
      "yoy_growth_pct": 109.03458091755371
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    {
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      "yoy_growth_pct": 24.340313816663464
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    {
      "year": 2013,
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      "yoy_growth_pct": -2.0490492140790946
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    {
      "year": 2014,
      "export_value_usd": 263757.44850259175,
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      "yoy_growth_pct": 7.097976845168807
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    {
      "year": 2015,
      "export_value_usd": 247937.1052452601,
      "active_destinations": 19,
      "yoy_growth_pct": -5.998065020399294
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    {
      "year": 2016,
      "export_value_usd": 492296.89821646124,
      "active_destinations": 25,
      "yoy_growth_pct": 98.557169460166
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    {
      "year": 2017,
      "export_value_usd": 187377.70291321125,
      "active_destinations": 19,
      "yoy_growth_pct": -61.93806956898153
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    {
      "year": 2018,
      "export_value_usd": 481098.4277130567,
      "active_destinations": 21,
      "yoy_growth_pct": 156.75329574079026
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    {
      "year": 2019,
      "export_value_usd": 381605.89020931546,
      "active_destinations": 25,
      "yoy_growth_pct": -20.680287394969813
    },
    {
      "year": 2020,
      "export_value_usd": 360092.552015326,
      "active_destinations": 23,
      "yoy_growth_pct": -5.637580222409342
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    {
      "year": 2021,
      "export_value_usd": 513293.649315035,
      "active_destinations": 21,
      "yoy_growth_pct": 42.544922532357354
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    {
      "year": 2022,
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      "yoy_growth_pct": -11.556901113374996
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    {
      "year": 2023,
      "export_value_usd": 908247.2849602306,
      "active_destinations": 30,
      "yoy_growth_pct": 100.06645007559155
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    {
      "year": 2024,
      "export_value_usd": 324903.71185033506,
      "active_destinations": 19,
      "yoy_growth_pct": -64.2273952005745
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  ],
  "economy": {
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    "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,
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    "gdp_million_usd": 43684.25443236093,
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    "num_active_partners": 270,
    "num_fta_partners": 108,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
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}
```