# Latvia to Germany HS 300214 new corridor signal

This page reviews a reported new-corridor signal for blood, human or animal, antisera, other blood fractions and immunological products: immunological products, mixed, put up in measured doses or in forms or packings for retail sale. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 49/100
- Reported period: 2024
- Buyer market imports: $6.9B
- Buyer market growth: -6.4%
- Current exporter share: 0.0%
- Share gap: 28.1%

## What the signal means

The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access. Compare demand, suppliers, access, and route history together before acting.

## Market opportunity

- Latest buyer imports: $6.9B
- Three-year buyer-import projection: $8.5B
- Supplier countries observed: 44
- Average buyer imports: $5.3B
- Historical buyer-import peak: $8.1B
- Full-history buyer-import CAGR: +7.2%
- Latest buyer-import annual change: -6.4%

## Competition landscape

- Top supplier: IRL
- Top supplier share: 28.1%
- Market concentration: 1,851
- Exporter share: 0.0%
- Share gap to peer benchmark: 28.1%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 1,265 km
- Trade agreement: Reported yes
- Business entry time: 8 days
- Shared spoken language score: 0.4

## Buyer economy

- GDP per person: $50.8K
- GDP per-person growth: +4.6%
- Population: 83,129k
- GDP: $4.2T
- GDP five-year CAGR: Not reported
- Investment rate: 22.1%
- Savings rate: 27.7%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $294.6 | +0.0% |

## Broader route context

Broader Latvia to Germany route exports provide route context only; they are not presented as HS 300214 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $352.9M | +0.0% |
| 1996 | $289.9M | -17.8% |
| 1997 | $341.4M | +17.7% |
| 1998 | $308.8M | -9.5% |
| 1999 | $309.2M | +0.1% |
| 2000 | $307.8M | -0.4% |
| 2001 | $342.7M | +11.3% |
| 2002 | $359.1M | +4.8% |
| 2003 | $447.8M | +24.7% |
| 2004 | $490.1M | +9.4% |
| 2005 | $494.2M | +0.8% |
| 2006 | $601.2M | +21.6% |
| 2007 | $661.7M | +10.1% |
| 2008 | $702.8M | +6.2% |
| 2009 | $599.8M | -14.7% |
| 2010 | $758.0M | +26.4% |
| 2011 | $921.0M | +21.5% |
| 2012 | $900.1M | -2.3% |
| 2013 | $878.6M | -2.4% |
| 2014 | $859.2M | -2.2% |
| 2015 | $702.0M | -18.3% |
| 2016 | $791.1M | +12.7% |
| 2017 | $881.6M | +11.4% |
| 2018 | $1.1B | +19.6% |
| 2019 | $995.6M | -5.6% |
| 2020 | $1.1B | +6.5% |
| 2021 | $1.3B | +25.2% |
| 2022 | $1.3B | +0.9% |
| 2023 | $1.3B | -6.2% |
| 2024 | $1.1B | -10.6% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Latvia to Belgium | HS 870340 | New corridor | $6.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lva-bel-870340) |
| Latvia to Bangladesh | HS 271019 | New corridor | $5.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lva-bgd-271019) |
| Latvia to Japan | HS 880240 | New corridor | $4.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lva-jpn-880240) |
| Latvia to Spain | HS 870380 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lva-esp-870380) |
| Latvia to Switzerland | HS 870340 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lva-che-870340) |
| Latvia to Germany | HS 870350 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lva-deu-870350) |
| Latvia to Italy | HS 870360 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lva-ita-870360) |
| Latvia to TUR | HS 870321 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lva-tur-870321) |

## Frequently asked questions

### What does a new corridor signal mean?

It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales.

### Is the market opportunity reported trade?

Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast.

### What should exporters check next?

Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route.

## Method

The signal is a calculated research indicator based on available reported trade observations. It is not a confirmed order, sales forecast, or guarantee of market entry. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.