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Laos’ rice export value nearly halves in 2021

Laos’ rice export value in 2021 nearly halved due to COVID-19 restriction measures, reported the Vientiane Times.
Laos’ rice export value nearly halves in 2021 ảnh 1Illustrative image (Photo: AFP)

Vientiane (VNA) – Laos’ rice export value in 2021 nearly halved due to COVID-19restriction measures, reported the Vientiane Times.

The paper quoted the Lao Ministry of Industry and Commerce assaying that rice brought home 52.7 million USD in 2020, but only 35 million USDin 2021. Its biggest market was China, followed by Vietnam and the EuropeanUnion.

Though China reopened Boten border with Laos in November,two-way trade remains slow due to COVID-19 pandemic prevention and controlmeasures.

China now buys over 80 percent of Laos’ exported farm produce,mostly cassava, banana, water melon, sugar cane and rubber./.

VNA
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