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Country Guide

Not all countries or territories may be represented. Some may not be available due to embargoes or other restrictions. For further information please contact us.

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Latvia
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Start Selling Into

Latvia

Accelerate your revenue with a new audience of customers throughout Latvia - without friction or complexity.

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How does this work?
Use the report builder to add this information to a downloadable pdf. You will be able to modify your selection(s) as you go in the ribbon at the bottom of the page.

Why Sell into Latvia?

It’s one of three core countries that make up the Baltic sea region of Central Europe. A small country, Latvia has passed through the post-Soviet transition to establish democracy and rule of law, including membership in the EU.

Ecommerce is projected to top $3 billion by the end of 2020; over half of Latvians will have made an ecommerce purchase by the end of the year. Ecommerce revenue is expected to show an annual growth rate of 5.1%, resulting in a projected market volume of $421 million by 2025. The market’s largest segment is fashion with a projected market volume of $137 million in 2021.
The average revenue per user is expected to be $328.62.


Localized Shopping Experiences in Latvia

Processing Currency

Available currencies will depend on the payment method provider, as well as any regulatory restrictions.

EUR

Available Product Categories

Digital River can support the sales of these types of products for this specific market.

Digital Physical

Preferred currency
Popular payment options
Intelligent transaction routing
Established tax registration

Logistics Support for Latvia

Our global logistics solution works in concert with your existing supply chain. No need to secure new carriers and warehouses. Gain faster, more economical shipping options to reach new customers around the globe.

Cross-border shipping
In-country shipping
Landed cost guarantee



Explore other markets that can sell into Latvia


Popular payment types in Latvia

Strong credit and debit card use; bank transfer and cash widely used. Most digital wallet or payment gateway is available to international brands that want to do business in Latvia.


Latvia Available payment types for Latvia

The list below represents the current categories of payment options Digital River supports for this market.


Payment methods for Latvia

Ecommerce facts and figures
$34.4 B GDP 1.9 Total Population 86% Internet Usage

Popular Languages

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