Indian products have a high demand in Latvia and around the world because of its quality and authenticity.
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.
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.
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.
High demand exported products from India to Latvia
- Furniture
- Paper
- Vehicles
- Machinery
- Mineral fuels
- Electrical equipment
- Plastic
- Rubber
- Cereals
- Iron & Steel