In 2019, United States did not export any services to Laos. Laos-United States In 2019, Laos exported $146M to United States . The main products that Laos exported to United States were Video Displays ($55.1M), Broadcasting Equipment ($14M), and Barium Sulphate ($10.9M).
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Does Laos trade with the US?
Laos is currently our 157th largest goods trading partner with $129 million in total (two way) goods trade during 2020. Goods exports totaled $25 million; goods imports totaled $105 million. The U.S. goods trade deficit with Laos was $80 million in 2020.
What is the main export of Laos?
Laos’ main exports are wood, clothing, coffee, electricity, metals, corn and rubber. Laos’ main exports partners are Thailand, China and Vietnam. .
What goods are exported and imported from Laos?
Top 10 Export Goods
HS Code | Export USD$ |
---|---|
(74) Copper | $434,797,798 |
(85) Electrical Machinery | $403,658,014 |
(47) Wood Pulp | $286,452,715 |
(08) Fruit & Nuts | $283,919,913 |
What goods does Laos produce?
In years with “normal” harvests, Laos is self-sufficient in rice production. Principal crops other than rice include sweet potatoes, sugarcane, corn (maize), assorted vegetables and fruits in smaller quantities, and tobacco.
What is Vietnam’s largest export?
Vietnam main exports are: telephones, mobile phones and parts thereof (21 percent of total shipments) and textiles (12 percent). Others include: computers and electrical products (12 percent); shoes and footwear (7 percent) and machinery, instruments and accessories (6 percent).
What country does Laos belong to?
Laos is an independent republic, and the only landlocked nation in Southeast Asia, northeast of Thailand, west of Vietnam. It covers 236,800 square kilometers in the center of the Southeast Asian peninsula and it is surrounded by Myanmar (Burma), Cambodia, the People’s Republic of China, Thailand, and Vietnam.
What is Laos biggest agricultural export?
VIENTIANE, March 17 (Xinhua) — Bananas continue to be a top earner among all agricultural products, with the total export value of agricultural produce in 2020 reaching almost 1 billion U.S. dollars despite trade restrictions due to the COVID-19 pandemic.
What is Laos Major imports?
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 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 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.
Who does Laos trade with?
In 2017, the most recent year in which trade data is available, Laos’ bilateral trade was approximately USD 6.26 billion with Thailand (USD 2.11 billion in exports, USD 4.15 billion in imports), USD 2.93 billion with China (USD 1.42 billion in exports, USD 1.51 billion in imports), and USD 1.20 billion with Vietnam (
What is the unemployment rate in Laos?
approximately 0.95 percent
In 2020, the unemployment rate in Laos was at approximately 0.95 percent.
Laos: Unemployment rate from 1999 to 2020.
Characteristic | Unemployment rate |
---|---|
2020 | 0.95% |
2019 | 0.62% |
2018 | 0.64% |
2017 | 0.65% |
What is the current economic state of Laos?
Laos’s economic freedom score is 53.9, making its economy the 141st freest in the 2021 Index. Its overall score has decreased by 1.6 points, primarily because of a decline in trade freedom. Laos is ranked 32nd among 40 countries in the Asia–Pacific region, and its overall score is below the regional and world averages.
What is the main industry 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 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).
How much does Vietnam export to America?
Vietnam Exports to United States was US$77.07 Billion during 2020, according to the United Nations COMTRADE database on international trade.
What does Vietnam export to the US?
The top U.S. imports from Vietnam are electric machinery and equipment, apparel and footwear, furniture, industrial machinery, fruits and nuts, leather goods, fish and iron and steel. Electric machinery and equipment is currently the top export from Vietnam to the U.S. and is also Vietnam’s No. 1 export worldwide.
What does Vietnam buy from the US?
The top import categories (2-digit HS) in 2020 were: electrical machinery ($27 billion), furniture and bedding ($9.9 billion), knit apparel ($7.1 billion), machinery ($6.8 billion), and footwear ($6.5 billion).
How can I marry a Lao woman?
Unlike most other jurisdictions, a foreigner must obtain the permission of the Lao government in order to marry a Lao. Under Lao law, there are two ways of certifying a marriage to a Lao citizen in Laos: To have a foreign marriage certificate certified; or. To obtain a Lao Marriage Certificate.
Why is Laos called Lao PDR?
The United States CIA used Thai officers to train hill tribe soldiers, many of them Hmong, to fight the communists and dropped over two million tons of bombs on the country. The communist Pathet Lao ultimately won the war and renamed the country The Lao People’s Democratic Republic, which remains to this day.