Coffee tops Lao agricultural exports

Mar 27th at 22:49
27-03-2013 22:49:25+07:00

Coffee tops Lao agricultural exports

Coffee is Laos' top income earner among all exports of agricultural products, earning about US$60 million last year.

Most of the crop is exported in the form of dried coffee to Taiwan, Italy, Japan, Spain, Poland, Germany, the US, France, Belgium, Sweden, Thailand and Vietnam, according to the agriculture sector.

A total of 18,300 tonnes of coffee was exported last year, with the volume expected to increase this year.

Maize is the crop pulling in the second highest income, at US$55 million last year, followed by rice (including paddy and polished rice) at about US$10 million, and cassava, which earned about US$40,000 last year.

Most of these products were exported to Vietnam, Thailand and China.

The revenue earned from these exports is making a valuable contribution to socio-economic development as well as improving the living conditions of local farming families.

Most coffee growers live in the southern provinces of Champassak, Saravan, Xekong and Attapeu. Maize is grown mostly in the north in Xayaboury, Oudomxay, Xieng Khuang and Luang Namtha provinces, while cassava is mainly grown in Vientiane and in Borikhamxay, Kha mmuan and Vientiane provinces.

Laos also exports tea, bananas, Job's tear, soybeans, sesame, sugar and cardamom. Average annual exports of agricultural and non-timber products, including coffee, maize, rice and cassava, are worth about US$218 million.

Laos is also processing more of these crops for export, but the figures for these products fall within the industry and commerce sector.

These crops will be the main products Laos will use to compete in regional and international markets when the Asean Economic Community comes into effect in 2015.

To develop these products to international standards, the agriculture and forestry sector is working with the industry and commerce sector to improve product quality and bolster organic farming. Officials are looking to these two areas to build a competitive edge in regional markets, as Laos cannot compete in terms of quantity.

The government is also improving phytosanitary measures to match international standards in line with World Trade Organisation requirements.

Agriculture and forestry products have proved to be significant income earners for the development process. Cultivation of these products is also well suited to the improvement of rural living standards, as most people make a living from the crops they grow and the livestock they raise, whether for their own consumption or for market sale

vientiane times



NEWS SAME CATEGORY

High transport costs hinder export of drinking water

Lao Brewery Co Ltd will focus its efforts on protecting its drinking water market rather than possible exports to the Middle East market, according to a top company...

Laos urged to revise energy production and supply policy

Laos needs to revise its electricity production and supply policy amid a surge in demand for e nergy, experts in the country advise.

Sustainable dams can reduce poverty in Laos: IFC official

The International Finance Corporation (IFC), a member of the World Bank Group, is backing the Lao government's policy to build sustainable hydropower plants because...

Nam Theun 2 dam expansion still in doubt

The Nam Theun 2 Power Company Limited (NTPC) is deferring a decision to go ahead with the Nam Theun 2 (NT2) dam expansion project until studies show the scheme is...

Market share may drop, but Lao brewery poised for growth

The establishment of a free trade area in the region may affect market share, but the Lao Brewery Company's business is certain to show growth, according to the...

Lao energy investor's revenues surge

The state-owned Lao Holding Stat e Enterprise (LHSE), a major energy developer, earned more than 128.5 billion kip in 2012 while expenditure amounted to just under...

Vientiane water provider opens tap to meet industry needs

The Vientiane Water Supply Enterprise is confident that it can supply 90 percent of the water needed by the capital's residents by 2015, despite the rapid growth of...

Trade union urges tapioca factory to boost output

The Lao Federation of Trade Unions has urged the Lao Indochina Group Public Company's tapioca factory to increase its production capacity to more than the 450...

Furniture makers yet to benefit from WTO membership

Wood processing plants in Laos are still unable to export their products globally even though the country is now a member of the World Trade Organisation (WTO).

First full scale biogas plant opens in Laos

Thai Biogas Energy Company (TBEC), the leading developer of biogas projects in Thailand, and the Laos based Lao-Indochina Group Public Company (LIG) have officially...


MOST READ


Back To Top