You asked: What goods are imported and exported from Laos?

What are the major imports and exports of Laos?

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 is Laos main export?

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

What is the main products of Laos?

Laos’s chief exports are garments, electric power, timber and other forest products, coffee, and various metals and minerals. Major imports include foodstuffs, construction and electrical equipment, materials for the garment industry, machinery, and mineral fuels.

What goods are imported and exported?

What are the U.S. Imports and Exports?

  • Machinery (including computers and hardware) – $213.1 billion.
  • Minerals, fuels, and oil – $189.9 billion.
  • Electrical machinery and equipment – $176.1 billion.
  • Aircraft and spacecraft – $139.1 billion.
  • Vehicles and automobiles – $130.6 billion.

What is Cambodia’s main export?

Cambodia’s exports are dominated by textile goods, which account for around 70 percent of total exports. Other export products include vehicles, footwear, natural rubber and fish. Cambodia’s main export partners are the United States, Hong Kong, Singapore, Canada, Germany and the UK.

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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).

What is Laos best known for?

Laos: a landlocked country in Southeast Asia with some of the shortest people in the world! Laos is also famous for having the tallest treehouse in the world, the oldest human fossil in Southeast Asia, and is considered one of the fastest-growing economies in all of Asia.

What type of economy is Laos?

Laos has a mixed economy in which the government has implemented gradual economic and business reforms to liberalize its domestic markets. Laos is a member of the Asia-Pacific Trade Agreement (APTA) and the Association of Southeast Asian Nations (ASEAN).

Is Laos a rich or poor country?

Laos is one of East Asia’s poorest countries. It is a small landlocked country located in the center of South-East Asia. It is a mountainous country, especially in the north, and dense forests cover the northern and eastern areas. Population density is low, with only approximately 29 people per kilometer square (2016).

Is Laos an agricultural country?

The Lao PDR is primarily an agricultural economy, with this sector contributing 51 percent of the GDP. … An impressive 97 percent of farmers own their own land. About 93 percent of the area devoted to rice production is for the production of sticky rice, a subsistence crop used primarily for home consumption.

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What is manufactured in Laos?

Other manufacturing activities include the production of agricultural tools, animal feed, bricks, cigarettes, detergents, handicrafts, insecticides, matches, oxygen, plastics, rubber footwear, salt, soft drinks and beer, textiles and clothing, and veterinary products.

How does Laos make money?

According to the World Bank, Laos has one of the highest poverty rates in Southeast Asia. Approximately 80 percent of the rural population works in subsistence farming. The economy relies heavily on exports of such natural resources as copper, gold, and timber.

What are examples of exports?

An example of export is rice being shipped from China to be sold in many countries. Export is defined as to move products to another country for the purpose of trade or sale. An example of export is Ecuador shipping bananas to other countries for sale. To sell goods or services to a company in another country.

What goods are exported?

These are the top US exports

  • Top U.S. goods exports.
  • Food, beverage and feed: $133 billion. …
  • Crude oil, fuel and other petroleum products: $109 billion. …
  • Civilian aircraft and aircraft engines: $99 billion. …
  • Auto parts, engines and car tires: $86 billion. …
  • Industrial machines: $57 billion.
  • Passenger cars: $53 billion.

What are examples of imported goods?

Imports can be finished products, like cars, TV sets, computers, or sneakers, or they can be raw materials, such as zinc, oil, wood, or grains. They can also be services, like financial services, travel services, and insurance. Imports are a vital part of the U.S. and global economy.

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