According to resources, Export to Latvia from India stood at a revenue of more than $100 Million by the year 2021 and increasing every year but decrease in 2020 because of Covid-19.
Trade partnership agreements have been signed between both the countries which are providing benefit to both the nations.
![](https://usabusiness.co.in/wp-content/uploads/2021/05/Export-to-Latvia-from-India.jpg)
Furniture, Vehicle and Paper are the major exported products from India to Latvia at the present moment.
According to resources, the E-commerce industry is rising in Latvia with a revenue of more than $345 Million and increasing with a 5.09% growth rate by the year 2021.
![](https://usabusiness.co.in/wp-content/uploads/2021/05/E-commerce-in-Latvia.jpg)
So, itβs a great opportunity for Indian sellers to grab the Latvian market through both the channels that is through offline or online selling platforms & marketplaces in Latvia.