Laos earns over US$507mil from agricultural exports in Q1


Among the main products exported include 1.9 million tonnes of cassava. - VT

VIENTIANE (Xinhua): Laos' export of agricultural produce in the first three months of 2023 reached over 3 million tonnes, worth more than US$507 million, surpassing 50 per cent of the target for the whole year, Vientiane Mai newspaper reported on Monday (May 8).

Laos exported a total of 3,032,517 tonnes of plant products in the first three months of 2023, with a total value of $507,644,615, equalling 56.40 per cent of the target for 2023, and rose 5 per cent compared with the same period last year, the report quoted Bounchan Kombounyasith, director general of Department of Agriculture under Lao Ministry of Agriculture and Forestry as saying.

Laos has a huge opportunity to boost crop yields for export, particularly to China, with the China-Laos Railway able to transport perishable goods more efficiently and quickly.

The main products exported included 1.9 million tonnes of cassava, 230,987 tonnes of sugar cane, 269,979 tonnes of banana, 86,420 tonnes of watermelon, and 49,325 tonnes of maize.

Major export markets for Laos' agricultural produce include China, Vietnam and Thailand, according to the report.

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Laos , agriculture , export

   

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