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, 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
- We are proud to have the largest air transportation hub in the Baltics – Riga International Airport – offering 100 direct destinations and serving nearly half of Latvian national airline airBaltic passengers.
- Latvian railroads are the main commercial transportation infrastructure, especially for inland traffic. Just wait for one of the biggest global projects, the Rail Baltic railway network, to connect Helsinki with Berlin right through the Baltics! The construction will be finished by 2030.
- When it comes to freight handling, we are very competitive at a European level – Latvia is in the fourth place in port freight per capita, reaching 24.5 tonnes per capita in 2022. Also, we offer one of the most attractive port tariffs among Baltic Sea countries.
Industry statistics
- The transport and storage sector is one of the most promising sectors in the Latvian economy. In 2023, Latvia had more than 135 million tons of cargo transported through railways, roads, and ports – 15 million tonnes through railway, 39 million tonnes sent and received by sea transport in Latvian ports, 81 million tonnes transported by road and 19 thousand tonnes of cargo delivered by air transportation.
- Riga International Airport had recovered from crisis in 2023 - its number of passengers had risen by 23% and was 6.63 million people yearly.
- We are in the epicentre of action here, as goods within 24 hours can be delivered to any customer in the Baltic States and even in Helsinki, Stockholm, and Warsaw.
Employment and education
- We hope you are not indecisive! If you want to pursue higher education in Latvia in transport and logistics, you can choose between 6 higher educational institutions and colleges providing higher education in the industry. There is also airBaltic PilotAcademy.
- Also, Latvia currently has around 1214 students studying transportation and logistics. Defying the bias that transport and logistics are male domineered industries, 19% of the students are females.
- The transport and logistics field is attractive and lucrative in Latvia, as 8967 companies operate within the sector, with total employment of 66 792 people.
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