Key sectors

Sustainable Bioeconomy

One of Europe’s top five forest-rich countries

Next-Gen Biomedicine

Latvia exports 76% of its domestically produced chemicals and pharmaceuticals.

Energy Systems

Ranked 3rd in the EU for renewable energy use, Latvia offers a strong foundation for smart energy and mobility innovation.

Technology

Latvia ranks 3rd in Europe for ICT students per 1M population, ensuring a strong and growing tech talent pool.

Manufacturing an Engineering

Latvia hosts one of the world’s leading producers of optical fiber technologies.

Defense

Latvia is a TOP 3 NATO country for defense expenditures as % of GDP in 2025 and manufacturing.