Latvia Country Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in latvia, prepared by at U.S. Embassies worldwide by Commerce Department, State Department and other U.S. agencies’ professionals
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Computers and Peripherals and Computer Software
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Overview

Computer hardware comprises a significant share of the Latvian ICT market.  Although the locally produced software development sector has significantly increased its role in Latvia’s economy (including exports) during recent years, foreign-sourced software continues to be important. 

Leading Sub-Sectors

The best prospects for U.S. computer hardware exports to Latvia include new personal computers with the latest processor versions, small and medium multi-processor servers, multimedia equipment, LAN accessories and relevant computer parts, and Internet protocol-related equipment.  Recent studies show that there is also a growing demand for business management software among medium and large enterprises in Latvia.  Another growth sector is cybersecurity software, as cyber threats and businesses’ cyber security awareness increase.

Opportunities

Please note opportunities in the Supplement to the Official Journal of the European Union dedicated to European public procurement and the Latvian Export and Import Directory. 

Retail opportunities include software and hardware for home and business use.  We expect a stable supply of government computer hardware and software tenders as Latvia’s budget situation improves.  There are also opportunities for companies that want to use Latvia as a logistical center for distribution in northern Europe and CIS countries.  Considering the relatively low cost of production and well-educated workforce, computer companies could also consider placing production lines in Latvia.  The success of enterprises such as ELKO grupa (the largest Latvian ICT wholesale company), HansaMatrix, Mikrotik, Azeron, TestDevLab, and Ubiquiti Networks demonstrate the viability of such plans.

Resources

Latvian Electrical Engineering and Electronics Association 

Latvian Information Technology Telecommunication Association 

Latvian Investment and Development Agency 

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Global Business Navigator Chatbot Beta

Welcome to the Global Business Navigator, an artificial intelligence (AI) Chatbot from the International Trade Administration (ITA). This tool, currently in beta version testing, is designed to provide general information on the exporting process and the resources available to assist new and experienced U.S. exporters. The Chatbot, developed using Microsoft’s Azure AI services, is trained on ITA’s export-related content and aims to quickly get users the information they need. The Chatbot is intended to make the benefits of exporting more accessible by understanding non-expert language, idiomatic expressions, and foreign languages.

Limitations

As a beta product, the Chatbot is currently being tested and its responses may occasionally produce inaccurate or incomplete information. The Chatbot is trained to decline out of scope or inappropriate requests. The Chatbot’s knowledge is limited to the public information on the Export Solutions web pages of Trade.gov, which covers a wide range of topics on exporting. While it cannot provide responses specific to a company’s product or a specific foreign market, its reference pages will guide you to other relevant government resources and market research. Always double-check the Chatbot’s responses using the provided references or by visiting the Export Solutions web pages on Trade.gov. Do not use its responses as legal or professional advice. Inaccurate advice from the Chatbot would not be a defense to violating any export rules or regulations.

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The Chatbot does not collect information about users and does not use the contents of users’ chat history to learn new information. All feedback is anonymous. Please do not enter personally identifiable information (PII), sensitive, or proprietary information into the Chatbot. Your conversations will not be connected to other interactions or accounts with ITA. Conversations with the Chatbot may be reviewed to help ITA improve the tool and address harmful, illegal, or otherwise inappropriate questions.

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The Chatbot supports a wide range of languages. Because the Chatbot is trained in English and responses are translated, you should verify the translation. For example, the Chatbot may have difficulty with acronyms, abbreviations, and nuances in a language other than English.

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