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Latvia

LIAA Export Support Action Plan Latvia 2026

Funding Amount
Up to €40,000 per year per SME (60% cost coverage)

The Investment and Development Agency of Latvia (LIAA) administers a comprehensive Export Support Action Plan providing grants and services to innovative Latvian SMEs pursuing export opportunities, with a total budget of €13 million running through June 2027.

Program Overview

Total Budget: €13 million (multi-year EU-funded support scheme)

Program Duration: Through June 2027

Funding per SME: Up to €40,000 per year

Cost Coverage: Approximately 60% of relevant costs

Additional Support: €6 million per year allocated for export promotion and investment attraction activities in 2024, 2025, and 2026

Eligible Activities

The program covers a wide range of export development activities:

• Trade Fair Participation - Individual and group presentations at international trade fairs

• Export Marketing - Brand strengthening in foreign markets

• Market Research - Analysis of target markets and customer segments

• Partnership Development - Finding and establishing international partnerships

• Export Consulting - Professional services for export strategy development

• Digital Export - E-commerce establishment or upgrades for international sales

Eligibility Requirements

• Company Size: Small and medium-sized enterprises (SMEs)

• Registration: Must be registered and operating in Latvia

• Innovation: Innovative products or services

• Export Focus: Actively pursuing or currently engaged in export activities

• Good Standing: Compliance with tax and regulatory requirements

Funding Structure

Annual Grant: Up to €40,000 per SME per year

Co-financing Rate: Approximately 60% of eligible costs

Company Contribution: 40% of project costs

Example: For a €60,000 export project, LIAA provides €36,000 (60%), company contributes €24,000 (40%)

Key Benefits

  1. Reduces Export Costs - 60% cost coverage makes international expansion affordable

  2. Annual Renewal - Can receive up to €40K per year throughout program duration

  3. Comprehensive Support - Covers multiple export development activities

  4. LIAA Services - Access to LIAA's export development expertise and network

How to Apply

  1. Visit LIAA website: www.liaa.gov.lv

  2. Review Export Support Action Plan requirements and eligible activities

  3. Prepare export development plan with budget and timeline

  4. Submit application through LIAA portal during open application periods

  5. Work with LIAA export advisors to refine your export strategy

Contact Information

Investment and Development Agency of Latvia (LIAA)

Website: www.liaa.gov.lv

Business Support Portal: business.gov.lv

Ministry of Economics: www.em.gov.lv

Last updated: February 23, 2026

Common Questions

The Investment and Development Agency of Latvia (LIAA) provides comprehensive export support including co-financing for participation in international trade fairs and exhibitions, trade mission organization, market research for target export countries, export capacity building workshops, and individual consultations on export strategy. LIAA also operates foreign trade representative offices in key markets to assist Latvian exporters with market entry.

LIAA typically co-finances 50-80% of eligible export promotion costs depending on the activity type and company size. Eligible costs include exhibition stand rental and design, travel expenses for trade missions, marketing material preparation for foreign markets, and fees for product certification required in target countries. SMEs generally receive higher co-financing rates. Annual budgets and specific program terms are published on the LIAA website.

The LIAA Export Support Action Plan Latvia 2026 provides financial and technical support to help businesses in Latvia access and expand in international markets. Support typically covers participation in trade fairs and exhibitions, export marketing and branding development, market research for target destinations, product quality improvement to meet international standards, and credit guarantees or insurance for export transactions. The program aims to reduce the financial risks and costs associated with entering new markets, making international trade more accessible to small and medium enterprises that may lack the resources to explore export opportunities independently.

Eligibility generally extends to businesses registered in Latvia that are either currently exporting or demonstrating genuine export readiness with viable products or services for international markets. Companies apply through the administering agency by submitting an export development plan outlining target markets, products, and planned activities. Applications are evaluated on the company's export potential, product competitiveness, and the credibility of the proposed market development strategy. Priority may be given to SMEs, companies entering new markets, and businesses in sectors aligned with national export development priorities. Early application before planned export activities is recommended.

LIAA finances trade fair exhibition costs, foreign market research studies, product certification testing, and commercial mission travel. The programme supports marketing localization, foreign language websites, and in-market sales representative engagement on co-financing terms. Latvian enterprises benefit from LIAA's institutional relationships with trade promotion organizations across European and CIS territories.

LIAA participates in Baltic cooperation frameworks with Enterprise Estonia and Enterprise Lithuania. Joint activities include shared exhibition pavilions, coordinated market intelligence sharing, and collaborative trade missions to distant markets. This enables Latvian SMEs to present themselves within a broader Baltic innovation narrative attractive to international procurement officers evaluating Northern European supplier diversification.

References

  1. Investment and Development Agency of Latvia. LIAA (2025). View source
  2. Latvia Sets Investment Record: Over €1B FDI in 2025. LIAA (2025). View source
  3. LIAA Attracts €156M in H1 2025. LIAA (2025). View source
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