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Location
Latvia is bordered by Estonia to the north, Russia to the east, Lithuania to the south and the Baltic Sea to the west. Its strategic location has made it an international crossroad for trade, commerce and cultural exchange since ancient times.
Vikings followed the ‘Amber Road’ through Latvian territory along the Daugava River to reach Byzantium and the Mediterranean Sea.
Latvia’s three major ports of Rīga, Ventspils and Liepāja service a wide range of global shipping needs. Ventspils is one of the busiest ports in the Baltic Sea region and one of Europe’s leading ports in terms of cargo turnover.
Latvia's ports of Riga, Ventspils and Liepaja anchor Latvia's vital shipping and transit industry, and continue to expand their trading ties with the EU, Russia and other countries. With one of the fastest growing economies in Europe today, the capital of Riga is re-emerging again as a major financial, trade and business centre in the Baltic Sea region. Traditional industries such as timber, construction and food processing are now strengthened by dynamic growth in information technologies, electronics, and the pharmaceutical and chemical industries.