What does Laos trade with other countries?

Exports The top exports of Laos are Electricity ($1.33B), Copper Ore ($568M), Refined Copper ($459M), Rubber ($290M), and Gold ($240M), exporting mostly to Thailand ($2.4B), China ($1.88B), Vietnam ($1.07B), Japan ($164M), and United States ($146M).

What does Laos export to other countries?

Laos’ main exports are wood, clothing, coffee, electricity, metals, corn and rubber. Laos’ main exports partners are Thailand, China and Vietnam. .

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 does Laos import?

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.

Why is Laos so poor?

Like many of its Southeast Asian neighbors, European colonial rule and a disturbing lack of freedom makes Laos poor. Laos was a colony of France until 1953, and since then has struggled to establish a stable and free system of government.

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Who is the most famous person in Laos?

Famous people from Laos

  • Vang Pao. Military Person. Vang Pao was a Lieutenant General in the Royal Lao Army. …
  • Ken Lo. Martial Artist. …
  • Boun Oum. Politician. …
  • Chloe Dao. Fashion Designer. …
  • Choummaly Sayasone. Politician. …
  • Jerry Yang. Professional Poker Player. …
  • Kaysone Phomvihane. Politician. …
  • Souphanouvong. Politician.

What crops are grown in Laos?

Most of the provinces that are deficit in rice are surplus maize producers. Other important economic crops include coffee, sugarcane, cassava, sweet potato and industrial tree crops (such as rubber, eucalyptus and acacia). Lao PDR is a country rich in biodiversity.

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 are the main industries in Laos?

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.)

Is Laos safe?

Crime and safety. Laos is a relatively safe country for travellers, although certain areas remain off-limits because of unexploded ordnance left over from decades of warfare. As a visitor, however, you’re an obvious target for thieves (who may include your fellow travellers), so do take necessary precautions.

Is Philippines richer than Laos?

Laos has a GDP per capita of $7,400 as of 2017, while in Philippines, the GDP per capita is $8,400 as of 2017.

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Is Laos still communist?

The Lao People’s Democratic Republic is one of the world’s only socialist states openly endorsing communism. The only legal political party is the Lao People’s Revolutionary Party (LPRP). … As of 22 March 2021 the head of state is President Thongloun Sisoulith.

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