Latvia is a country in the Baltic region of Northern Europe. Latvia borders Estonia to the north, Lithuania to the south, Belarus to the east, and Russia to the west. The capital city is Riga. With a population of 2 million people, it is one of the least populous countries in Europe.
Latvia has been a member state of the European Union since May 2004 and a member state of NATO since September 2004. The economy of Latvia is an open economy with a high human development index and a skilled labour force, with over half of its citizens holding tertiary education degrees. It ranks highly in measures of economic freedom, civil liberties, press freedom, internet freedom, democracy and peacefulness.
According to Eurostat, Latvia had the 4th highest GDP per capita in PPS terms within the European Union in 2019 after Luxembourg, Ireland and Netherlands.
In 2018, Latvia was the world’s 16th fastest-growing economy with a real GDP growth of 4.6%. The country’s economic freedom score is 67.8, making its economy the 24th freest in the 2020 Index. Its overall score has decreased by 1.2 points because of lower scores for government integrity and fiscal health. Latvia is ranked 15th among 44 countries in the Europe region, and its overall score is above the regional average but below the world average.
Table of Contents
What Are The Best Selling Products In Latvia Online?
The best selling products in Latvia online include clothing, cosmetics, electronic goods, homeware items, and books.
1. Clothing
Latvia has a wide range of clothing retailers, both online and offline. The most popular online clothing stores include Zara, H&M, ASOS, and Missguided.
2. Cosmetics
Sephora is the most popular cosmetics store in Latvia. Other popular stores include MAC Cosmetics, Lush, and Boots.
3. Electronic Goods
The most popular electronic goods stores in Latvia include MediaMarkt, Saturn, and Electroworld.
4. Homeware Items
IKEA is the most popular homeware store in Latvia. Other popular stores include Jysk, Home Depot, and Leroy Merlin.
5. Books
The most popular bookstores in Latvia include Janvieša, Daugava, and Pētergailis.
What Are The Most Popular Online Stores In Latvia?
The most popular online stores in Latvia include eWorldTrade, Amazon, Alibaba, eBay, and AliExpress.
1. eWorldTrade
eWorldTrade is a B2B marketplace that offers a wide range of products, including books, electronics, clothes, and homeware items.
2. Amazon
Amazon is the world’s largest online retailer. It offers a wide range of products, including books, electronics, clothes, homeware, and more.
3. Alibaba
Alibaba is a Chinese e-commerce company that offers a wide range of products, including clothing, electronics, homeware items, and more.
4. eBay
eBay is an American online marketplace that offers a wide range of products, including books, electronics, clothes, and homeware items.
5. AliExpress
AliExpress is a Chinese online marketplace that offers a wide range of products, including books, electronics, clothes, and homeware items.
What Are The Most Popular Brands In Latvia?
The most popular brands in Latvia include Zara, H&M, ASOS, Missguided, Sephora, MAC Cosmetics, Lush, Boots, MediaMarkt, Saturn, Electroworld, IKEA, Jysk, Home Depot, Leroy Merlin, Amazon, Alibaba, Ebay, AliExpress, and eWorldTrade.
Conclusion
The best selling products in Latvia online include clothing, cosmetics, electronic goods, homeware items, and books. Latvia’s most popular online stores include Amazon, Alibaba, eBay, and AliExpress. The most popular brands in Latvia include Zara, H&M, ASOS, Missguided, Sephora, MAC Cosmetics, Lush, Boots, MediaMarkt, Saturn, Electroworld, IKEA, Jysk, Home Depot, Leroy Merlin, Amazon, Alibaba, eBay, AliExpress, and eWorldTrade.
