# Latvia to Kazakhstan HS 271600 new corridor signal

This page reviews a reported new-corridor signal for electrical energy. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 64/100
- Reported period: 2024
- Buyer market imports: $291.5M
- Buyer market growth: +27.9%
- Current exporter share: 0.0%
- Share gap: 97.4%

## 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: $291.5M
- Three-year buyer-import projection: $299.4M
- Supplier countries observed: 5
- Average buyer imports: $101.7M
- Historical buyer-import peak: $291.5M
- Full-history buyer-import CAGR: +0.9%
- Latest buyer-import annual change: +27.9%

## Competition landscape

- Top supplier: Russian Federation
- Top supplier share: 97.4%
- Market concentration: 9,497
- Exporter share: 0.0%
- Share gap to peer benchmark: 97.4%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 3,950 km
- Trade agreement: Not reported
- Business entry time: 5 days
- Shared spoken language score: 0.9

## Buyer economy

- GDP per person: $10.0K
- GDP per-person growth: +20.0%
- Population: 19,003k
- GDP: $190.8B
- GDP five-year CAGR: Not reported
- Investment rate: 27.6%
- Savings rate: 36.4%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $1.6K | +0.0% |

## Broader route context

Broader Latvia to Kazakhstan route exports provide route context only; they are not presented as HS 271600 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $13.8M | +0.0% |
| 1996 | $11.8M | -14.6% |
| 1997 | $26.4M | +123.7% |
| 1998 | $13.5M | -48.9% |
| 1999 | $4.8M | -64.6% |
| 2000 | $5.6M | +17.8% |
| 2001 | $8.8M | +56.3% |
| 2002 | $12.1M | +38.1% |
| 2003 | $12.1M | -0.1% |
| 2004 | $25.3M | +108.6% |
| 2005 | $19.5M | -23.1% |
| 2006 | $27.9M | +43.1% |
| 2007 | $47.9M | +71.8% |
| 2008 | $49.8M | +4.1% |
| 2009 | $35.2M | -29.4% |
| 2010 | $55.7M | +58.5% |
| 2011 | $48.0M | -13.9% |
| 2012 | $54.7M | +14.1% |
| 2013 | $70.8M | +29.5% |
| 2014 | $56.2M | -20.6% |
| 2015 | $40.4M | -28.1% |
| 2016 | $35.4M | -12.3% |
| 2017 | $29.2M | -17.6% |
| 2018 | $32.1M | +9.9% |
| 2019 | $44.2M | +37.6% |
| 2020 | $31.3M | -29.3% |
| 2021 | $36.5M | +16.7% |
| 2022 | $75.3M | +106.5% |
| 2023 | $106.5M | +41.3% |
| 2024 | $98.1M | -7.9% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Latvia to Germany | HS 300214 | New corridor | $6.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lva-deu-300214) |
| 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) |

## 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.