Laos earns over US$1.4bil from export of agricultural products in 2023

farmers and producers in Laos are severely hampered by steep rises in production costs, mainly due to the spiralling price of fuel. - VT

VIENTIANE: Laos earned more than US$1.4 billion from agricultural exports in 2023, exceeding the target for the year by 20.18 per cent.

The value of production in agriculture and forestry grew by 3.4 per cent in 2023, accounting for 21.4 per cent of gross domestic product (GDP), Lao National Radio reported on Tuesday.