The Freeport of Riga is a multifunctional port, it is ready to handle all types of cargo from various regions.
The Port of Riga is an important hub of freight transportation corridor that links goods’ production and consumption markets in the EU and the CIS countries. The Port of Riga is strategically connected to the TEN-T road and rail network, as well as to the European Motorways of the Sea, providing efficient use of different modes of freight within transport chain as well as cost optimization. Shorter distance advantages of Riga compared to the neighbouring ports ensure the best conditions for development of economic relations. Latvian border with Russia and Belarus is a major factor for development of sustainable and mutually beneficial business relations.
In 2011 34.07 million tons of various cargoes were handled at the port, and during the last ten years the cargo turnover at the port increased by an average of 8.9% per year. In 2011 in regards of cargo turnover Riga was the largest Latvian port, the third largest port in the Baltic States and the fifth largest port on the Eastern coast of the Baltic Sea, handling 9.7% of the total cargo turnover of the Eastern coast of Baltic Sea east.
In 2011 dry bulk cargo constituted 59% of all cargo handled at the port, while general cargo and liquid bulk cargo accounted for 19% and 22% respectively of the total amount of cargoes.
The port of Riga is a multifunctional one, and in regards of volume the major groups of goods are coal, oil products, various timber materials, chemical dry bulk cargo, containers, ore and metals. In 2011 for the first time in the history of the port the quantity of transhipped containers exceeded 302 thousand TEU.
In 2012 31 stevedore companies operate at the port and 32 companies offer cargo storage services.