The port of Riga is the largest port in Latvia and the second largest port in the Baltic States. In 2020 23,7 million tons of various cargo were handled in the port, which is 53% of all seabound cargo handled in Latvian ports.
The Freeport of Riga is a multifunctional port and various types of cargo – dry bulk cargo, liquid bulk cargo and general cargo – can be handled at its terminals. The Freeport of Riga and the companies operating in the port are ready to provide non-standard solutions and are able to handle any cargo, including oversize and non-standard cargo.
The main types of cargo handled in the port of Riga are timber, Agri bulk and products, containers, oil products, metals and fertilizers.
About 50% of the Freeport of Riga's cargo turnover is transit cargo.Due to its advantageous geographical location, the Port of Riga has historically developed as a transit port connecting markets of Europe and of other parts of the Eurasian continent, including Russia, Central Asia and China.
In recent years, the share of Latvia's export and import cargo has been significantly increasing at the Freeport of Riga. Latvia's exports via the Freeport of Riga have increased by more than 80% in the last decade, and the share of Latvian goods in the total volume of shipped cargo has already reached 46%.
The Freeport of Riga is the largest cargo provider for Latvian railway carriers. In 2020, the railway cargo sent to and received from the port of Riga accounted for about 35% of the total traffic of the SJSC “Latvijas dzelzceļš”.
Before the Covid-19 crisis, due to which the passenger traffic around the world was almost completely suspended, the Freeport of Riga was the busiest passenger port in Latvia. Passenger ferry services were provided daily, and during the cruise season more than 80 cruise ships representing almost 30 different cruise operators visited the port of Riga every year.
In 2020 3122 vessels with a total tonnage of 31.6 million GT called the port.
The Freeport of Riga business cluster
The Freeport of Riga business cluster consists of the Freeport of Riga Authority and approximately 200 private companies operating in the Freeport, including:
- 36 cargo handling terminals
- 26 warehousing service providers, including 17 customs warehouses
- 6 manufacturing companies
- 3 shipbuilding and repair companies
- 8 bunkering and tug service providers
- 28 ship agency companies
- 90 various port service providers
Successful operation of merchants working in the port, adaptation to changing market requirements, introduction of modern technologies, attraction of new types of cargo and businesses are the pillars of the Freeport of Riga competitiveness.
The Freeport of Riga Business Cluster – i.e. the Freeport of Riga Authority and the companies operating in the territory of the port - employs more than 4000 people. According to estimates successful operation of the Freeport of Riga provides about 10,000 additional jobs in related industry sectors – e.g. railway and road transport, cargo handling, distribution and logistics.
According to the think- tank CERTUS, each ton of cargo handled at the Freeport of Riga contributes to Latvia's GDP in the amount of 10.7 EUR. In 2020, by handling 23.7 million tons of cargo, the Freeport of Riga cluster increased Latvia's GDP by EUR 250 million.
The contribution of the Freeport of Riga to the state and municipal budgets is impressive - the companies of the port cluster pay more than 30 million EUR in taxes every year.
For more information on port performance indicators please contact:
- inga.france [at] rop.lv, +371 670 308 69
- Freeport of Riga Authority
- 12 Kalpaka blvd, Riga, Latvia, LV-1010