Main Markets
Country Overview
Latvia, also known as the Republic of Latvia, is a small developed country located in the Baltic region of Northern Europe. It shares its borders with Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. Covering an area of approximately 64,600 square kilometers and home to around 1.9 million people, Latvia has a relatively low population density. Its capital and largest city is Riga. Latvian and Russian are widely spoken in the country. Latvia gained independence from Soviet rule in 1991 and has since transformed into a democratic nation with a market-oriented economy. The country is a member of several international organizations including the United Nations (UN), European Union (EU), NATO, and World Trade Organization (WTO). The Latvian economy is diversified but heavily dependent on service industries such as finance, telecommunications, transport, tourism, and retail trade. It also has significant sectors in manufacturing including electronics exports. The country boasts picturesque landscapes with beautiful forests, lakes, rivers,and pristine coastline along the Baltic Sea. Additionally,a significant portion of Latvia's territory consists of well-preserved national parks that offer opportunities for outdoor activities like hiking,cycling,and camping. Latvians have a rich cultural heritage comprising traditional folk songs,dances,costumes,and festivals prominently celebrated throughout Latvia as part of their national identity.Their love for music can be observed through various choral performances,festivals,nationwide song competitions such as "Song Festival" celebrated every five years.Latvia also hosts several international music festivals which attract performers from around the globe. Education plays an important role in Latvian society.The country boasts prestigious universities that provide high-quality education across various disciplines.Also,the education system places importance on science,research,and innovation.The literacy rate in Latvia stands at nearly 100%,reflecting its commitment towards intellectual development. In summary,Lativia,is a small European country with a rich history,cultural diversity,and scenic landscapes.It has made notable progress since gaining independence,focusing on economic growth, education,sustainable development,and cultural preservation.
National Currency
The currency situation in Latvia is as follows: The official currency of Latvia is the euro (€). Since January 1, 2014, Latvia has adopted the euro as its national currency after a transition period from the Latvian lats (LVL). This decision to join the Eurozone was taken as part of efforts to strengthen economic stability and integrate further into the European Union. The adoption of the euro has facilitated trade and financial interactions with other European countries. The introduction of the euro brought various changes in terms of pricing, banking operations, and cash transactions. For those living or traveling in Latvia, it means that all prices are now displayed and paid for in euros. Cash can be withdrawn from ATMs in various denominations such as 5 euros, 10 euros, 20 euros, etc. The Central Bank of Latvia oversees monetary policy and manages currency operations within the country. It plays a pivotal role in maintaining price stability through actions such as setting interest rates and ensuring sufficient supply of money for smooth economic functioning. The use of credit cards is widespread throughout Latvia, especially in urban areas where most businesses accept card payments. Online shopping has also gained popularity due to convenient payment options offered by e-commerce platforms. However, it's always advisable to carry some cash when traveling to smaller towns or rural areas where card acceptance might be limited. In summary, since adopting the euro as its official currency, Latvia benefits from increased integration with other European nations economically while enjoying greater ease for international trade and financial transactions both online and offline.
Exchange Rate
The official currency of Latvia is the Euro. As for the approximate exchange rates to major currencies, please note that these can vary and it is recommended to check with a reliable source for up-to-date information. As of October 2021, here are some estimated exchange rates: - EUR to USD: around 1 Euro = 1.15 US Dollars - EUR to GBP: around 1 Euro = 0.85 British Pounds - EUR to JPY: around 1 Euro = 128 Japanese Yen - EUR to CAD: around 1 Euro = 1.47 Canadian Dollars - EUR to AUD: around 1 Euro = 1.61 Australian Dollars Please note that these rates are just approximations and may fluctuate in actual trading conditions.
Important Holidays
Latvia, a small Baltic nation located in Northern Europe, celebrates several significant holidays throughout the year. Here are some important festivals and traditional celebrations in Latvia: 1. Independence Day (November 18th): This is one of the most cherished holidays in Latvia. It commemorates the day when Latvia declared independence from foreign rule in 1918. Latvians honor their national identity by attending cultural events, parades, concerts, and fireworks displays. 2. Midsummer's Eve (June 23rd): Known as Jāņi or Līgo Day, Midsummer's Eve is a magical celebration filled with ancient pagan traditions and folklore rituals. People gather to build bonfires, dance traditional folk dances, sing songs and chants, wear wreaths made of flowers and herbs on their heads, and enjoy hearty meals. 3.Lāčplēsis Day (November 11th): Commemorating the anniversary of the Battle of Riga during World War I when Latvian soldiers fought bravely against German forces to defend their homeland. This day honors all Latvian warriors who sacrificed themselves for freedom. 4.Christmas: Like many other countries around the world, Latvians celebrate Christmas on December 25th each year with various customs. Families decorate Christmas trees with ornaments made from straw or paper mache called "puzuri." They also exchange gifts while enjoying festive meals with loved ones. 5.Easter: Easter holds religious significance for many Latvians who are Christians. In addition to attending church services during Holy Week leading up to Easter Sunday or "Pārresurrection" as it is called locally , people participate in colorful Easter egg decoration activities known as "pīrāgi." These holidays not only hold cultural significance but also provide an opportunity for families and friends to come together while preserving Latvia's rich heritage through traditions that have been passed down through generations.
Foreign Trade Situation
Latvia, a country located in the Baltic region of Northern Europe, has a well-developed and open economy. As a member of the European Union (EU), it benefits from free trade agreements with other EU member states and enjoys preferential access to one of the largest consumer markets in the world. In terms of exports, Latvia primarily focuses on diverse sectors such as timber products, machinery and equipment, metals, food products, textiles, and chemicals. Wood and wood products constitute one of its dominant export categories due to Latvia's vast forests. These items include sawn timber, plywood, wooden furniture, and paper products. Furthermore, Latvia boasts a strong manufacturing sector that contributes significantly to its export revenues. Machinery and equipment manufactured by Latvian companies are exported worldwide. Additionally, metal goods like ironwork or steel structures also feature prominently in their export portfolio. Moreover, agriculture plays an important role in Latvia's economy. The country exports various food products such as dairy goods (e.g., cheese), cereals (including wheat), meat products (pork), seafood (fish) as well as beverages like beer. Latvia actively engages in foreign trade activities with both EU countries and non-EU nations. Germany stands out as Latvia's primary trading partner within the EU due to strong economic ties between the two countries. Other major trading partners include Lithuania England Sweden Estonia Russia Finland Poland Denmark and Norway outside of the EU framework. Over recent years, Latvia has witnessed growth within its export volumes along with increasing diversification into new markets while maintaining existing partnerships intact Overall, Latvia demonstrates steady performance regarding international trade by promoting its exports across various sectors while benefiting from membership in international organizations such as WTO (World Trade Organization) which facilitates global economic cooperation for mutual benefits.
Market Development Potential
Latvia, a small country located in the Baltic region of Europe, offers significant potential for the development of its foreign trade market. Known for its strategic location as a gateway between Eastern and Western Europe, Latvia has become an attractive destination for international businesses. One key factor contributing to Latvia's foreign trade market potential is its favorable business environment. The country has implemented various reforms to ensure transparency, efficiency, and ease of doing business. This includes simplifying administrative procedures and reducing bureaucracy. Additionally, Latvia boasts a highly skilled workforce with expertise in technology, manufacturing, and services sectors. Latvia's membership in the European Union (EU) further enhances its foreign trade potential. It provides businesses with access to a vast consumer market of over 500 million people within the EU member states. Being part of the EU also means that Latvia benefits from preferential trade agreements with other countries around the world. The country’s well-developed infrastructure is another crucial aspect contributing to its foreign trade prospects. Latvia has modernized ports at Riga and Ventspils on the Baltic Sea coast which facilitate efficient transportation of goods across Europe via land or sea routes. Moreover, it has invested significantly in expanding air cargo capacity through Riga International Airport. In recent years, Latvia has been actively diversifying its export markets beyond traditional partners like Russia and CIS countries by exploring opportunities in Asia-Pacific regions and North America as well. This shift towards developing new markets provides Latvian exporters with greater opportunities for growth. Furthermore, technology-driven industries such as information technology (IT), biotechnology, clean energy solutions have emerged as sectors showcasing great export potential for Latvian businesses abroad. Overall, due to its strategic location between East and West Europe combined with a favorable business environment marked by skilled labor force and robust infrastructure assets plus membership benefits within both EU & Eurozone; we can conclude that Latvia holds considerable untapped potential in terms of expanding their foreign trade market presence globally.
Hot selling products in the market
When it comes to selecting products for the Latvian market, it is important to consider the country's external trade and identify items that are in high demand. Here are some tips on how to choose the right products for Latvia's foreign trade market: 1. Research market trends: Conduct thorough research on current market trends and consumer preferences in Latvia. Pay attention to popular product categories, such as electronics, cosmetics, fashion accessories, and wellness products. 2. Analyze competitor offerings: Study what your competitors are offering in the Latvian market. Identify gaps or areas where you can offer a better or unique product range. 3. Consider local culture and preferences: Take into account the cultural aspects of Latvia while selecting products for export. Understand their traditions, lifestyle, and values to tailor your offerings accordingly. 4. Focus on quality: Latvians value quality products that offer durability and long-term value for money. Ensure that your selected items meet high-quality standards to gain a competitive edge. 5. Explore niche markets: Latvia offers opportunities in various niche markets like organic food, eco-friendly products, premium goods, etc. Identify potential niches where you can establish yourself as a specialist supplier. 6. Understand export regulations: Familiarize yourself with export regulations pertaining to specific product categories such as certifications required or any restrictions related to certain industries. 7.Strategize pricing strategy: Consider pricing strategies based on consumer purchasing power in Latvia while maintaining competitiveness with other exporters from different countries. 8.Implement marketing initiatives: Develop effective marketing strategies tailored for the Latvian audience using digital platforms such as social media advertising or partnering with local influencers to generate brand awareness and drive sales. 9.Establish reliable distribution channels: Partner with reliable distributors or retailers who have an established presence within Latvia's distribution network ensuring efficient delivery of chosen products across different regions of the country 10.Adapt packaging & labeling requirements : Complying with specific packaging and labeling requirements for Latvian market. Language translations, compliance to regulations and local preferences are key aspects when launching products in the country. By carefully considering these steps, you can choose products that are likely to be popular in Latvia's foreign trade market and maximize your chances of success.
Customer characteristics and taboo
Latvia, a country located in the Baltic region of Northern Europe, has its own unique customer characteristics and cultural taboos. Understanding these traits can be helpful when engaging with Latvian clients. Customer Characteristics: 1. Reserved: Latvians are known for their reserved nature. They tend to be more introverted and may not express emotions or opinions openly. It is important to respect their personal space and avoid intrusive behavior. 2. Punctuality: Latvians value punctuality and appreciate it when others arrive on time for meetings or appointments. Being prompt demonstrates professionalism and respect for their time. 3. Direct Communication: Latvians typically communicate directly, without excessive small talk or unnecessary pleasantries. They appreciate clear and concise communication that is focused on the task at hand. 4. Importance of Relationships: Building trust is essential in business relationships in Latvia. Taking the time to establish a personal connection before conducting business can go a long way in establishing rapport with clients. Cultural Taboos: 1.Respect Personal Space: Avoid invading someone's personal space as it is considered rude in Latvia. 2.Avoid Controversial Topics: Discussions related to politics or sensitive historical events involving Latvia's Soviet past should be approached cautiously, as they can be seen as offensive by some individuals. 3.Dressing Appropriately: Dressing professionally is important when meeting with clients in Latvia, especially during formal occasions such as business meetings or corporate events. 4.Gift-giving Etiquette: When giving gifts, ensure that they are appropriate for the occasion and avoid expensive items that might create an obligation for reciprocation. By recognizing these customer characteristics and respecting cultural taboos, businesses can foster successful relationships with clients from Latvia while demonstrating sensitivity towards their customs and traditions
Customs management system
Latvia is a country located in the Baltic region of Northern Europe. When it comes to customs and immigration, Latvia has certain regulations and guidelines that visitors should be aware of. Firstly, all travelers entering Latvia must carry a valid passport with at least six months of validity remaining. Visa requirements vary depending on the country of origin, so it is important to check if a visa is required beforehand. For citizens from countries within the European Union or Schengen Area, no visa is generally required for stays up to 90 days. Upon arrival in Latvia, visitors may be subject to customs inspection. It is essential to declare any goods or items that exceed the permitted limits. This includes cash above a certain threshold (usually over 10,000 euros), valuable items such as jewelry or electronics, as well as restricted goods like weapons or narcotics. Additionally, there are restrictions on bringing certain food products into Latvia due to health and safety concerns. Items such as meat, dairy products, fruits, and vegetables may require special permits for importation. It's advised to check with local authorities or Latvian embassy/consulate for specific details before traveling. Travelers should also note that there are restrictions on carrying large quantities of alcohol and tobacco products into Latvia without paying duty fees. These limits can vary depending on whether you are arriving by air travel or other means of transport. In terms of security measures at Latvian borders and airports, standard airport security protocols apply. This includes X-ray screening of luggage and personal belongings as well metal detectors during passenger screenings. In summary, when traveling to Latvia it's important to ensure you have proper documentation including a valid passport if required - verify if you need a visa prior to your trip -, carefully adhere to custom declaration rules both for goods brought in and taken out - especially regarding restricted items -, pay attention not exceeding import limits for alcohol/tobacco products without paying duty fees when applicable; finally, be aware of food product restrictions and security protocols at airports or borders. Remember to stay informed about any updates or changes to Latvia's customs policies before your trip to have a smooth and hassle-free experience at the Latvian border.
Import tax policies
Latvia's import tariff policy is designed to protect domestic industries, ensure fair competition, and generate revenue for the government. The country is a member of the European Union (EU) and as such, it adheres to the common external tariff imposed by the EU. Import duties in Latvia are based on the Harmonized System (HS) classification, which categorizes goods into different tariff codes depending on their nature and purpose. The applicable duty rates range from 0% to 30%, with an average rate of around 10%. The specific duty rate depends on factors such as product type, origin, and any trade agreements that may be in place. Certain goods are subject to additional taxes or charges upon importation. For example, excise duties may apply to alcoholic beverages, tobacco products, energy products (such as gasoline), and certain commodities detrimental to health or the environment. These additional charges aim to regulate consumption patterns and discourage harmful practices. It is important for importers in Latvia to comply with all relevant customs regulations. This includes accurately declaring goods' value and origin while providing necessary documentation. Non-compliance can result in penalties or even seizure of goods. Latvia also participates in international trade agreements that may offer preferential treatment for specific countries or products. For instance, it benefits from EU trade deals with countries like Canada, Japan, South Korea, Vietnam and many others reducing or eliminating tariffs on various imported goods according to agreed rules. Overall though Latvia maintains a relatively open economy with moderate import tariffs aimed at promoting fair competition domestically while adhering closely with EU common external tariff policies.
Export tax policies
Latvia, a small European country located on the eastern coast of the Baltic Sea, has implemented a favorable export goods tax policy to support its economy. The country follows the European Union's common customs and trade policies but also offers additional incentives to boost export activities. In Latvia, most goods are subject to value added tax (VAT). The standard VAT rate is 21%, which applies to both imported and domestically produced goods. However, certain products enjoy reduced rates of 12% and 5%, including essential items like food, books, medicine, and public transportation services. To encourage exports further, Latvia provides various tax exemptions and incentives related to export activities. Exported goods are typically exempted from VAT when they leave the country's territory. This exemption reduces the financial burden on exporters and makes Latvian products more competitive in international markets. Additionally, Latvian businesses engaged in exporting may be eligible for specific tax incentives under certain conditions. For instance, companies receiving income solely from export activities can benefit from a reduced corporate income tax rate of 0%. This favorable taxation policy helps attract foreign investors looking for cost-effective production centers within the European Union. Furthermore, Latvia has established a free economic zone called Riga Freeport that offers additional advantages for businesses involved in international trade. Located near an ice-free harbor with excellent infrastructure connections (including roadways and railways), this zone provides customs exemptions on imported raw materials intended for further processing or incorporation into finished products exclusively destined for foreign markets. Overall, Latvia's export goods taxation policy aims at fostering economic growth by providing favorable conditions for businesses involved in international trade. With exemptions from VAT for exported goods and potential corporate income tax reductions or exemptions based on specific criteria met by exporters or special economic zones like Riga Freeport; these initiatives aim to attract investment while increasing competitiveness within global markets
Certifications required for export
Latvia, a European country located in the Baltic region, is known for its diverse and growing economy. The country exports a range of products that go through a stringent export certification process to ensure their quality and compliance with international standards. Export certification in Latvia is conducted by various government bodies, particularly the State Plant Protection Service (SPPS) and the Food and Veterinary Service (FVS). These organizations aim to ensure that exported goods meet all necessary requirements set by both Latvia and its trading partners. For agricultural products like grains, fruits, vegetables, and live animals, the SPPS takes charge of approving exports by inspecting farms and production facilities. They certify that these products adhere to European Union regulations on plant health and animal welfare. This inspection includes checking for pesticide residue levels, disease control measures, labeling accuracy, among others. On the other hand, FVS focuses on certifying food products such as dairy items, meat products (including fish), beverages like beer or spirits. It verifies compliance with EU food safety regulations regarding hygiene standards during production processes or storage conditions. Additionally, it ensures proper labeling related to ingredients information or allergen notifications. Certificates issued by these authorities are crucial for Latvian exporters as they serve as proof of product quality assurance when entering foreign markets. The documents include details about origin tracing back to reliable sources within Latvia along with adherence to relevant international trade norms. This verification process strengthens customer confidence in Latvian exports globally. These export certificates typically need renewal annually or periodically based on specific export arrangements between Latvia and individual countries or regions. Exporters are required to keep records of their product's conformity throughout the supply chain from original sourcing until dispatching for exportation purposes. In conclusion, Latvia maintains a comprehensive export certification system through dedicated agencies such as SPPS and FVS to ensure that its exported goods meet international quality requirements across various industries including agriculture and food.
Recommended logistics
Latvia, a small country in Northern Europe, offers a well-developed and efficient logistics network that is suitable for various industries. Here are some recommended logistics options in Latvia: 1. Ports: Latvia has two major ports – Riga and Ventspils. These ports play a significant role in the country's international trade as they connect Latvia with other Baltic Sea countries and beyond. They offer extensive container terminal services, ferry connections to Scandinavia, Russia, Germany, and other European countries. 2. Railways: The Latvian railway system provides reliable transportation options for both domestic and international cargo shipments. With an extensive railway network connecting all major cities within the country and links to neighboring countries like Estonia, Lithuania, Belarus, and Russia. 3. Air Cargo: Riga International Airport is well-equipped to handle air cargo needs efficiently. It offers numerous cargo flights connecting to various major destinations worldwide. The airport has modern infrastructure with dedicated cargo handling facilities ensuring smooth operations. 4.Trucking Services: Road transportation plays a crucial role in Latvian logistics due to its strategic location between Western Europe and Eastern markets such as Russia or CIS countries.A well-maintained network of roads connects Latvia with neighboring countries allowing efficient transport of goods by road. 5.Warehousing Facilities: Latvia boasts numerous warehouses equipped with modern technologies catering to different industry needs.Availability of warehousing space is not an issue in the country.They are conveniently located near ports ,airports,and major industrial areas providing flexibility for storage & distribution operations 6.Logistics Companies: Several notable logistics companies operate in Latvia offering comprehensive solutions tailored for different supply chain requirements including transportation,brokerage ,distribution,Freight forwarding etc.these companies have extensive expertise fulfilling both local & international clients' requirements leveraging their knowledge about regulations.Trusting reputed logistic players can be worthwhile while considering end-to-end solutions spanning inbound,outbound,and reverse logistics activities. Overall,Lativia presents itself as an attractive logistics hub due to its strategic geographical location and well-developed transport infrastructure.If you are looking for a reliable and efficient logistics solution, Latvia can be an excellent choice.
Channels for buyer development

Important trade shows

Latvia, a country in the Baltic region of Northern Europe, offers various important international procurement channels and trade shows. These platforms allow businesses in Latvia to connect with global buyers and expand their market reach. Here are some significant channels and trade shows for business development in Latvia: 1. Riga International Airport: Riga, the capital city of Latvia, is well-connected internationally through its airport. This provides a convenient gateway for international buyers to visit Latvia and explore business opportunities. 2. Freeport of Riga: The Freeport of Riga is one of the largest ports in the Baltic Sea region. It serves as an essential transportation hub for goods coming to and from Russia, CIS countries, China, and other European countries. Many international trade routes pass through this port, making it an ideal location for import-export activities. 3. Latvian Chamber of Commerce and Industry (LCCI): LCCI plays a crucial role in promoting Latvian businesses globally. It organizes various events like seminars, conferences, matchmaking sessions between Latvian exporters/importers and foreign companies to facilitate international business collaborations. 4. Investment and Development Agency of Latvia (LIAA): LIAA serves as a bridge between Latvian companies looking for export opportunities abroad and foreign buyers interested in sourcing products or services from Latvia. 5. Made In Latvia: A platform created by LIAA that showcases high-quality Latvian products across various industries such as textiles/fashion design, woodworking/furniture manufacturing, food processing/agriculture sector etc., enabling interactions between local manufacturers/exporters with potential buyers around the world. 6 . International Exhibition Company BT 1: BT1 organizes several major trade fairs that attract international participants looking to source products or enter into partnerships with Latvian companies across multiple sectors including construction/building materials industry (Resta), woodworking/machinery sector (Woodworking), food & beverage industry(RIGA FOOD), etc. 7. TechChill: A leading startup conference in Latvia that gathers early-stage businesses, investors, and industry professionals from around the world. It provides a platform for startups to pitch their ideas, network with potential investors, and gain exposure to global markets. 8. Latvian Export Awards: This annual event organized by LIAA recognizes Latvian exporters who have achieved excellence in international trade. It not only highlights successful businesses but also facilitates networking opportunities between exporting companies and potential buyers. 9. Baltic Fashion & Textile Riga: An international trade fair dedicated to the fashion and textile industry held in Riga every year. It attracts international buyers interested in sourcing clothing, accessories, fabrics, etc., from Latvian manufacturers/designers. In conclusion, Latvia offers several vital platforms for international procurement channels and trade shows that connect local businesses with global buyers across various sectors such as manufacturing, fashion/textiles, technology startups etc. These opportunities contribute significantly to the economic growth of the country while fostering collaboration between domestic enterprises and foreign partners.
In Latvia, there are several commonly used search engines that people use to browse the internet. Here are a few popular ones: 1. Google ( As the most popular search engine worldwide, Google is also widely used in Latvia. It provides a wide range of services and features that cater to users' needs. 2. Bing ( Microsoft's search engine, Bing, is another commonly used option in Latvia. It offers various features like web search, image search, news updates, and more. 3. Yahoo ( Although not as popular as it once was globally, Yahoo still has a user base in Latvia for its web browsing services and personalized content. 4. Yandex ( Yandex is a Russian multinational corporation providing internet-related products and services including a search engine commonly used by Latvians. 5. DuckDuckGo ( Known for its privacy-oriented approach to searching the internet without tracking users' activities or storing personal information. 6. ( primarily focuses on answering questions posed by users directly rather than traditional keyword-based searches. Please note that this list includes some of the commonly used search engines in Latvia; however, preferences may vary depending on individuals' choices and needs when browsing the internet in this country.

Major yellow pages

The main yellow pages in Latvia include the following: 1. Infopages ( Infopages is one of the leading online directories in Latvia. It provides a comprehensive list of businesses and services across various categories. 2. 1188 ( 1188 is another popular online directory that serves as a yellow pages in Latvia. It offers an extensive database of businesses, professionals, and services. 3. Latvijas Firms ( Latvijas Firms is an online directory specifically focused on Latvian businesses. It allows users to search for companies by name, category, or location. 4. Yellow Pages Latvia ( Yellow Pages Latvia provides an easy-to-use platform for finding businesses and services throughout the country. Users can search by keyword or browse through various categories. 5. Bizness Katalogs ( Bizness Katalogs offers a comprehensive database of companies operating in different industries within Latvia's business landscape. 6- Tālrunis+ ( Tālrunis+ is an online phonebook that includes both individual listings and company information across various sectors all over Latvia. These websites provide contact information, addresses, and often additional details about local businesses in Latvia such as opening hours, reviews, and ratings to help users find the desired products or services easily. When searching for specific services or businesses in Latvia using these yellow pages websites mentioned above, you will have a good chance of finding what you are looking for with their comprehensive databases covering numerous industry sectors throughout the country.

Major commerce platforms

In Latvia, there are several major e-commerce platforms that cater to the needs of online shoppers. These platforms offer a wide range of products and services, making it convenient for consumers to shop from the comfort of their homes. Some of the prominent e-commerce platforms in Latvia include: 1. ( - is one of the largest online retailers in Latvia offering a diverse selection of electronics, household appliances, home decor, outdoor equipment and more. 2. RD Electronics ( - RD Electronics is an established online electronics retailer with a presence in Latvia and Estonia. They provide a wide range of consumer electronics, including smartphones, laptops, cameras and audio equipment. 3. Senukai ( - Senukai is a popular online marketplace offering an extensive range of home improvement products such as tools, building materials, furniture and gardening equipment. 4. ELKOR Plaza (https://www.elkor.plaza) - ELKOR Plaza is one of the leading electronic stores in Latvia that sells various electronics including laptops, TVs, gaming consoles and other gadgets both online and offline. 5. LMT Studija+ ( - LMT Studija+ provides an extensive selection of mobile phones from different manufacturers along with accessories such as cases and chargers. 6. Rimi E-veikals ( - Rimi E-veikals is an online grocery store where customers can order food items for delivery or pickup at their nearest Rimi supermarket location. 7. (https://www.a1​a​...

Major social media platforms

Latvia, a country located in the Baltic region of Northern Europe, has several social media platforms that are popular among its residents. Here are some of them along with their website URLs: 1. This is one of the most popular social networking sites in Latvia. It allows users to connect with friends, share photos and videos, join groups, and play games. Website: 2. Like in many other countries, Facebook is widely used in Latvia for socializing, sharing updates and media files, joining groups and events, and connecting with friends. Website: 3. Instagram has gained significant popularity in Latvia over the past years as a platform for sharing visually appealing photos and videos within a global community. Users can follow Latvian accounts to discover beautiful landscapes and cultural highlights of the country. Website: 4. - Twitter is another platform used by Latvians to share news updates, short messages (tweets), pictures or videos relevant to local or global trends on various topics such as politics, sports or entertainment etc. Website: 5. - LinkedIn is a professional networking site that allows Latvian professionals to connect with each other for career opportunities, job hunting or business development purposes within Latvia or internationally. Website: - offers an online dating platform exclusively for Latvian singles looking for relationships or companionship. Website 7.Reddit- Although not specific to Latvia but Reddit has various communities (subreddits) related specifically to different cities like Riga as well as regional interests , this allows locals to discuss topics, express their opinions and connect with other members. Website: These are just a few examples of the social media platforms used in Latvia. It's important to note that the popularity and usage of these platforms may evolve over time, so it's recommended to explore further based on your specific interests or needs.

Major industry associations

Latvia, a country located in the Baltic region of Northern Europe, has various major industry associations representing different sectors. Some of the main industry associations in Latvia include: 1. Latvian Information and Communications Technology Association (LIKTA) - promotes the development of information and communication technologies in Latvia. Website: 2. Latvian Developers Network (LDDP) - supports software development companies and professionals in Latvia. Website: 3. Latvian Chamber of Commerce and Industry (LTRK) - facilitates trade and business opportunities for companies operating in Latvia. Website: 4. Association of Mechanical Engineering and Metalworking Industries of Latvia (MASOC) - represents the interests of mechanical engineering, metalworking, and related industries in Latvia. Website: 5. Latvian Federation of Food Companies (LaFF) - brings together food producers, processors, traders, and related stakeholders to promote cooperation within the food sector. Website: 6. Employers' Confederation of Latvia (LDDK) - a confederation that represents employers' interests at both national and international levels across various industries. Website: 7. Latvian Transport Development Association (LTDA) - focuses on promoting sustainable transport solutions while enhancing competitiveness within the transport sector. Website: 8. Investment Management Association of Latvia (IMAL) – an association representing investment management companies registered or active in Latvia focused on promoting professional standards within the industry. Website – presently inaccessible. Please note that websites may change over time, so it is advisable to search for updated information using specific keywords related to each association when necessary

Business and trade websites

There are several economic and trade websites in Latvia that provide information and support for businesses operating in the country. Here is a list of some of these websites along with their respective URLs: 1. Investment and Development Agency of Latvia (LIAA) - The official government agency responsible for promoting business development, investment, and export in Latvia. Website: 2. Ministry of Economics - The website provides information on economic policies, regulations, and initiatives taken by the Latvian government. Website: 3. Latvian Chamber of Commerce and Industry (LTRK) - A non-governmental organization that supports business development through networking opportunities, trade fairs, consultations, and business services. Website: 4. Latvian Association of Free Trade Unions (LBAS) - An organization representing employees' interests in labor-related matters including collective bargaining agreements. Website: 5. Riga Freeport Authority – Responsible for managing Riga's port facilities as well as promoting international trade operations passing through the port. Website: 6. State Revenue Service (VID) – Provides information on tax policies, customs procedures, regulations pertaining to imports/exports among other fiscal matters. Website: 7. Lursoft - A commercial register providing access to company registration data as well as financial reports on enterprises registered in Latvia. Website: 8. Central Statistical Bureau (CSB) – Offers comprehensive statistical data relevant to socio-economic sectors including demographics, employment rates, GDP growth rate etc. Website: These websites offer a wide range of resources for businesses seeking information about investment opportunities or planning to engage in trade operations in Latvia. It is important to note that while this list includes some of the prominent websites, there may be other relevant websites as well depending on specific industries or sectors of interest.

Trade data query websites

There are several trade data query websites available for Latvia. Here are some of them along with their corresponding URLs: 1. Central Statistical Bureau of Latvia (CSB): This official website provides extensive trade statistics and information about imports, exports, and other economic indicators. URL: 2. Latvian Chamber of Commerce and Industry (LCCI): LCCI offers comprehensive trade-related services, including access to trade data. URL: 3. European Commission's Eurostat: Eurostat is a reliable source for accessing statistical data on international trade, including Latvia. URL: 4. Trade Compass: This platform offers a variety of global trade data, including information on Latvia's imports and exports. URL: 5. World Trade Organization (WTO) Data Portal: The WTO Data portal allows users to access various economic indicators related to international trade, including Latvia. URL: 6. Trading Economics: This website provides a range of economic indicators for countries worldwide, including import-export statistics for Latvia. URL: Please note that it is always recommended to cross-reference the data obtained from these sources with other reliable sources or government agencies to ensure accuracy and completeness.

B2b platforms

There are several B2B platforms in Latvia, providing various services for businesses. Here are a few of them along with their website addresses: 1. AeroTime Hub ( - AeroTime Hub is an online platform connecting aviation professionals from around the world. It offers insights, news, and networking opportunities for businesses in the aviation industry. 2. Baltic Auction Group ( - This platform specializes in conducting online auctions, where businesses can buy and sell assets such as machinery, equipment, vehicles, and real estate. 3. Business Guide Latvia ( - Business Guide Latvia provides a comprehensive directory of Latvian companies across various industries. They offer a search function to find potential business partners or suppliers. 4. ( - is an online marketplace that connects Latvian exporters with international buyers interested in Latvian products and services across different sectors. 5. Portal CentralBaltic.Biz ( - This B2B portal focuses on promoting business cooperation within the central Baltic region countries including Estonia, Finland, Latvia, Russia (St.Petersburg), Sweden as well as global markets. 6. Riga Food Export & Import Directory ( - Riga Food Export & Import Directory is a dedicated directory focusing on the food industry in Latvia. It provides information about Latvian food producers and products and connects them with potential foreign buyers. These platforms offer opportunities for businesses to expand their network within Latvia or explore international markets through collaborations or trading partnerships. Please note that while these platforms exist at the time of writing this response, it is recommended to visit their respective websites for up-to-date information regarding their services.