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Laos’ export value tops US$7 billion

Laos recorded an export value of more than US$7.6 billion with goods shipped to more than 90 countries worldwide last year, according to the Lao Trade Portal, Ministry of Industry and Commerce.

Laos’ major export markets included Thailand with US$2.8 billion, China US$2.2 billion, Vietnam US$1.2 billion, Australia US$350 million, Cambodia US$160 million and Switzerland US$116 million.

Main exports included electricity valued at US$2.2 billion, gold and silver US$ 962 million, paper and paper products US$529 million, gold ores US$ 329 million, wood pulps US$329 million, and waste paper US$297 million.

Source: Lao News Agency