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T13 · Trade opportunity evidence

Russia (RUS) to Latvia (LVA) machines: automatic goods-vending machines, (e.g. postage stamp, cigarette, food or money-changing machines, excluding beverage-vending machines), incorporating heating or refrigerating devices (HS6 847681)

A country-to-country view of reported machines: automatic goods-vending machines, (e.g. postage stamp, cigarette, food or money-changing machines, excluding beverage-vending machines), incorporating heating or refrigerating devices trade, combining buyer demand, exporter position, market structure, access conditions, and observed lane history.

Exporter Russia (RUS)Importer Latvia (LVA)HS6 847681One-way tradeCoverage 2020-2023Declining
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3-year buyer projection

$437.2KCalculated from reported demand

Exporter growth

-78.1%Full available history

Suppliers in market

5Latest reported count

Observed history

4 yearsLast year: 2023

Reported observations

What this machines: automatic goods-vending machines, (e.g. postage stamp, cigarette, food or money-changing machines, excluding beverage-vending machines), incorporating heating or refrigerating devices lane shows for HS 847681

Core values for Russia (RUS) → Latvia (LVA) in HS 847681.

Buyer market

Latest imports$223.8K
Five-year projection$683.1K
Buyer CAGR+57.6%
Latest annual change-6%

Exporter position

Latest exports$50.9
Market share0%
Share change-0.2 pp
Best observed share64%

Market structure

Reported suppliers5
Concentration index5,269.4
Share gap+64 pp
SignalDeclining

Detailed evidence

Complete lane evidence

Reported values, calculated indicators, and country-pair context for this route.

MeasureValueWhat it describes
Buyer imports$223.8KLatvia (LVA)'s latest reported imports
Exporter exports$50.9Russia (RUS)'s exports to Latvia (LVA)
Exporter market share0%Exporter share of the reported buyer market
Buyer five-year CAGR+57.6%Annualized change in buyer imports
Exporter full-history CAGR-78.1%Annualized change in exporter exports
Three-year buyer projection$437.2KCalculated projection from reported demand
Five-year buyer projection$683.1KCalculated projection from reported demand
Average buyer imports$181.8KAverage reported importer value
Peak buyer imports$973.2KHighest reported importer value
Average exporter exports$6.7KAverage reported lane exports
Peak exporter exports$22.1KHighest reported lane exports
Share change-0.2 ppLatest one-year change in exporter share
Reported suppliers5Supplier countries observed in the latest period
Buyer GDP$38.9BLatest buyer-country GDP estimate
Buyer GDP per person$20.6KLatest buyer-country GDP per person
Buyer population1,883.2 thousandLatest buyer-country population estimate
Buyer investment rate28.9%Reported buyer-country investment rate
Buyer secondary education98.6%Reported secondary education coverage
Distance848 kmApproximate country-pair distance
Business entry time5.5 daysReported days to start a business
Shared legal systemYesCountry-pair institutional relationship
Reported FTANoReported trade-agreement indicator
WTO memberYesBuyer-country WTO membership indicator
Lane volatility1.4Variation indicator across observed lane values
Maximum drawdown99.8%Largest observed decline from a prior peak
Observed history4 yearsCoverage through 2023

Research reading

Machines: automatic goods-vending machines, (e.g. postage stamp, cigarette, food or money-changing machines, excluding beverage-vending machines), incorporating heating or refrigerating devices demand and the Russia (RUS) to Latvia (LVA) lane

Latvia (LVA) reported $223.8K of machines: automatic goods-vending machines, (e.g. postage stamp, cigarette, food or money-changing machines, excluding beverage-vending machines), incorporating heating or refrigerating devices imports in 2023. Russia (RUS) accounted for 0% of the observed market and reported $50.9 in exports on this lane.

The latest annual values eased slightly, while the longer available history shows +57.6% buyer growth and -78.1% exporter growth. The page separates reported values from projections and indicators.

Product classification

What does HS 847681 include?

HS 847681 covers Machines: automatic goods-vending machines, (e.g. postage stamp, cigarette, food or money-changing machines, excluding beverage-vending machines), incorporating heating or refrigerating devices. This page studies the six-digit Harmonized System classification rather than a company, brand, retail category, or individual shipment.

The classification sits in HS chapter 84 and heading 8476. The recorded trade type is one-way trade, with a medium price range classification in the available product reference data.

How to interpret this page

Compare demand, position, and history together

This HS 847681 trade opportunity page brings together the buyer market in Latvia (LVA), the exporter position of Russia (RUS), and the observed conditions of their trade lane. A large buyer market does not by itself show that every exporter has equal access, and a positive growth rate does not remove the need to examine volatility and historical coverage.

Use the reported imports and exports to understand scale, market share to understand position, projections to understand the calculated forward view, and lane history to understand how much evidence supports the comparison.

Frequently asked questions

Questions about Russia (RUS) to Latvia (LVA) machines: automatic goods-vending machines, (e.g. postage stamp, cigarette, food or money-changing machines, excluding beverage-vending machines), incorporating heating or refrigerating devices trade

What is the HS code for this product?

This page covers HS 847681, the six-digit product classification shown in the trade records.

How large is the Latvia (LVA) market?

The page reports the latest buyer imports, historical averages, peaks, growth, and calculated projections for machines: automatic goods-vending machines, (e.g. postage stamp, cigarette, food or money-changing machines, excluding beverage-vending machines), incorporating heating or refrigerating devices.

How strong is Russia (RUS) in this market?

Exporter performance is shown through lane exports, market share, share change, growth, and the number of reported suppliers.

What should be checked before entering this market?

Review market scale, competition, access indicators, volatility, drawdown, and the available history together rather than relying on one signal.

Continue your researchHS 847681 product overviewExplore this product in the workspaceMethodology and definitions

Definitions and coverage

How to read this page

Reported values

Trade values describe reported merchandise trade for the stated HS6 classification. They are not company-level sales or shipment records.

Calculated indicators

Growth, projections, concentration, volatility, and share-gap figures are calculated from the reported observations and should be interpreted with their coverage period.

Coverage

This sample covers 4 observed years through 2023. Missing values are shown as not reported rather than estimated.

Explore the classification

Compare this product across markets and routes

Use the trade data and methodology pages to study other exporters, importers, and HS6 products.