What does Laos export to other countries?

What are Laos Major imports and exports?

Laos mainly imports oil, machinery and equipment, vehicles, iron and steel, telecommunication equipment, beverages and cement. Laos’ main imports partner is Thailand (66 percent). Other imports partners include China and Vietnam.

What does Laos contribute to the world?

Economy of Laos

Statistics
Main industries Copper, tin, gold, and gypsum mining; timber, electric power, agricultural processing, rubber construction, garments, cement and tourism
Ease-of-doing-business rank 154th (below average, 2020)
External
Exports $3.654 billion (2017 est.)

What country does Laos import the most goods?

Top 10 Import Countries

Country Import USD$
Thailand $2,916,472,773
China $1,681,037,813
Vietnam $451,468,497
Japan $118,205,705

Who does Laos trade with the most?

Since 2005, trade increased from USD 14 million to USD 157 million per year in 2018. China, Thailand, and Vietnam are still the dominant trade and investment actors in Laos, with Malaysia, the Republic of Korea, France, Hong Kong, and the Netherlands also increasingly active.

What is the biggest export in Laos?

Agricultural products and natural resources account for the bulk of Laos’ exports. Laos’ main exports are wood, clothing, coffee, electricity, metals, corn and rubber. Laos’ main exports partners are Thailand, China and Vietnam. .

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What is Laos biggest agricultural export?

VIENTIANE, March 17 (Xinhua) — Bananas continue to be a top earner among all agricultural products, with the total export value of agricultural produce in 2020 reaching almost 1 billion U.S. dollars despite trade restrictions due to the COVID-19 pandemic.

Is Laos a successful country?

Laos is among the least developed and poorest countries in Asia, but significant economic growth in the past decade has benefited the country. Challenges remain, however, and the Lao economy remains dependent on external demand for its natural resources, particularly mining, hydropower and forestry.

What is the most common job in Laos?

Laos’s main industry is the growing, preparing and selling of rice. Around 80% of the arable land that exists in Laos is used for growing rice, though the amount of arable land in the country as a whole is very small, as much of the country consists of wild forest, mountains, and the Mekong River.

What religion is Laos?

Theravada Buddhism is the dominant religion of the ethnic or “lowland” Lao, who constitute 53.2 percent of the overall population. According to the LFNC and MOHA, the remainder of the population comprises at least 48 ethnic minority groups, most of which practice animism and ancestor worship.

What is Vietnam’s largest export?

Exports The top exports of Vietnam are Broadcasting Equipment ($42.3B), Telephones ($18.2B), Integrated Circuits ($15.5B), Textile Footwear ($10.6B), and Leather Footwear ($6.43B), exporting mostly to United States ($63.7B), China ($40.3B), Japan ($21.2B), South Korea ($20.3B), and Germany ($8.22B).