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Laos’ agricultural exports expected to exceed 2 billion USD in 2023

Laos expects to earn more than 2 billion USD from agricultural exports this year, up from 1.73 billion USD in 2022, local media reported.
Laos’ agricultural exports expected to exceed 2 billion USD in 2023 ảnh 1Laos ships abroad more than 408 million USD worth of cassava products in the first five months of this year. (Photo: Laotian Times)
Vientiane (VNA) – Laos expects to earn morethan 2 billion USD from agricultural exports this year, up from 1.73 billionUSD in 2022, local media reported.

In the first five months of this year, the value was 901million USD, fulfilling 75.14% of the yearly target, with cassava, coffee,banana, corn and sugarcane as the main export items.

Notably, the country shipped abroad more than 408million USD worth of cassava products, mainly to China, Vietnam and Italy, saidLao Minister of Planning and Investment Khamjane Vongphosy.

Over the past years, the Lao government has encouragedfarmers to cultivate more types of plants to serve the domestic market andexports./.
VNA
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