Latvian road freight transport – 2018
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Dec04
2018Latvian road freight transport – 2018
International trade accounts for more than 80% of the Latvian pavilion's total activity. Despite its small size, Latvia ranks 16th among European pavilions in terms of total international trade and 10th in terms of international trade between third countries.
The Latvian pavilion is taking advantage of the country's geographical location to increase its East-West activity, but also its transport links with Scandinavian countries through the use of ferries.
Low driving costs, €9.55/hour all-inclusive, very low fuel costs thanks to bulk purchases outside the EU (30% of supplies at half price), and an annual mileage per vehicle of 138,000 km are the main competitive advantages of the flag. They give the Latvian road transport sector the keys it needs to expand both westwards and eastwards, particularly in the Russian and Belarusian markets, and southwards and northwards to its Baltic and Scandinavian neighbours.
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