The Trade Council
The Trade Council offers small and large companies help to start exporting and expanding their activities to new markets. The Trade Council helps Danish companies to export through a number of free services, tailor-made solutions and subsidy programmes to sector specialized assistance.
The Trade Council is represented in Latvia by Denmark's Embassy in Latvia from where Estonia also is covered. The Trade Council works every day to promote Danish exports and strengthen the position of Danish companies in the Baltic market.
Latvia as a near market
Denmark has a very good reputation in Latvia - and in the Baltics in general. As one of the first countries to restore diplomatic relations with Latvia in 1991, Denmark has had a long and strong commitment to Latvia. The involvement of Danish companies in Latvia has been steadily increasing over the past several years. Latvia is an attractive location for Danish companies with easy access to raw materials and still relatively low production costs. Located in the middle of the Baltic, Latvia has a convenient location close to Denmark, where Riga, as the largest city in the region, has the dominant airport in the Baltics with direct flights from both Copenhagen, Aarhus and Billund. Latvia has a highly educated workforce, where the majority, especially the younger part of the population, speaks English, and the cultural differences between Denmark and Latvia are not overwhelming. This makes Latvia an easy country to do business in for Danish companies.
Read more about Latvia as a market
Sectors in focus
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Defence Industry
For decades, Denmark has had a close defence cooperation with Latvia, and due to the current geopolitical situation, Danish military is currently strongly engaged in Latvia, which is creating opportunities for further strengthen the cooperation in the field of defence and security.
28.03.2023Read more -
Supply Chains
Latvian companies have a lot to offer Danish companies within the manufacturing industry and supply chains.11.04.2023Read more -
Energy Transition
Denmark and Latvia have for many years had a good cooperation within several areas of the energy sector. This cooperation is only set to expand in the coming years, as Latvia wishes to increase the share of renewable energy. This makes an excellent opportunity for Danish companies to help Latvia with the energy transition to renewable energy.28.03.2023Read more -
Logistic opportunities
Due to Latvia’s strategic location in the Baltics, the logistics sector is one of the most important in the country. Due to the recent geopolitical changes, the logistic sector focuses on alternative suppliers.
23.03.2023Read more
The Danish Chamber of commerce
The Danish Chamber of Commerce in Latvia (Det danske handelskammer i Letland / DCCL) was established in 2004.
The Chamber of Commerce is a non-profit organization working to promote Danish-Latvian business relations through social events and seminars. By bringing together Danish businesspersons from all over Latvia, the aim is to create an open forum where one can discuss local business matters, make contacts and network.
The Danish Chamber of Commerce in Latvia also offers its members information about Latvian business frameworks.
Further information can be found on the Chamber of Commerce website: Home - Danish Chamber of Commerce in Latvia (dcc.lv)
