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From the transport and logistics point of view, Latvia has the best location to establish a business in Northern Europe. Just look at the map! Latvia is at the heart of Europe’s fastest-growing area — the Baltic Sea region (northeast part of Europe). Due to the geographical advantages that serve as a gateway between Scandinavia, Central Europe, and Eastern Europe, logistics has always been a priority area in Latvia. If we speak about the capital – Riga – it is the largest Baltic city, located in the middle of the Baltic region.
Latvian transport and storage sector is diversified, with sea and railway transport being important export services. Thus, Latvia is a natural home for regional headquarters and distribution centres of international companies. The sector is enhanced by the modernization and implementation of high-tech solutions and automation to processes. Competitive labour and favourable government policies aimed at improving the road infrastructure, promoting railway freight, simplifying customs procedures with Russia, and promoting ICT and new technologies further contribute to the potential.
Main subsectors
Largest airline and airport in the region; Logistics and post serving Alibaba airplanes; Rail integrated into all CIS rail system (1520mm); Upcoming Rail Baltica project; Multimodal terminals in 3 ice-free ports and seven smaller ports; TEN-T transport core network
Fast facts
Industry statistics
Employment and education
Industry leaders
Address: 2 Perses Street, Riga, Latvia, LV-1442
Phone +371 67039473
Email: deniss.camovs@liaa.gov.lv
Stay up to date on the monthly newsletters on recent news and activities.
Stay up to date on the monthly newsletters on recent news and activities.
Investment and Development Agency of Latvia (LIAA)
Address: 2 Perses Street, Riga, LV-1442, Latvia
Phone: +37167039400
Fax: +371 67039401
Copyright, LIAA 2021
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