What are major crops in Laos?
Today, 72 percent of the total cultivated area is dedicated to rice. 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).
What is Laos known for producing?
Among agricultural products often produced as cash crops are mung-beans, soybeans, peanuts, tobacco, cotton, sugarcane, coffee, and tea. … The major export products from Laos’ agricultural sector are timber, lumber, plywood, and coffee. The major agricultural imports are sugar, condensed milk, and long-grain rice.
Why is rice not a major crop raised in Laos?
Rice farming in Laos is the least commercialised within the Lower Mekong. Moreover, Laos has suffered the most from variability in production due to the high incidence of droughts and floods.
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.) |
What are the natural resources of Laos?
The geological potential to develop mineral resources in Laos is good for gold, silver, copper, iron and bauxite, but also for other commodities such as potash, sapphire, gypsum, coal and to a lesser extent tin, lead-zinc and construction materials.
Is Laos primarily agricultural?
Agriculture is the mainstay of the economy of Laos. In the early 21st century the sector generated nearly half the country’s gross domestic product (GDP) and employed some three-fourths of the population.
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 type of farming are the majority of people in Laos reliant on?
Rice farming
Rice is a key staple for Laos, and over 60% of arable land is used for its cultivation.