【Country】The Republic of Latvia
【Area】64589 square kilometers
【Population】The population of Latvia was 1924000 by May in 2018
【Capital City】Riga, 302.8 km2, 637971 people
Forestry: Forestry and wood processing as well as furniture manufacturing play important roles in Latvian manufacturing
industry. In 2017, forestry products’ export volume reached 2.22 billion euros, increasing by 6% and taking up 19.5% in export
Transportation industry: Latvia is located in the crossing of west Europe and north Europe, possessing three international ice
free sea ports and a largest airport in Baltic Sea region-Riga international airport. Latvia plays an important role in cargo
transaction not only in Baltic Sea but CEE region due to its advantaged location and infrastructure.
Tourism: Latvia has a variety of nature landscape and tourism contributes over 1 billion euros to Latvia’s economy, about
4.1% of GDP.
Food processing industry: Latvia remains good ecological environment, mainly producing a large amount of berry, wild
strawberry, blueberry, boletus, chanterelle, high quality dairy product, meat, tinned herring and honey.
Pharmacy and chemical industry: Relevant enterprises focus on Riga, Valmiera and Dobeles region, they are typically
extroverted economical type, 46% of the chemicals and 30 of the medical products export abroad. Some of those famous
products are Meldonum, brand medicine used as a prevention for stroke, angina pectoris and heart disease, stenders, famous
for luxurious soap, plants and flowers bathing and body caring products, Madara, famous brand of skin caring for pregnant
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