Tuesday, May 23, 2017
LAOS NEWS

‘We are building a new US-Laos relationship for the 21st century’

Daniel A. Clune
US Ambassador to the Lao PDR

President Obama is set to become the first ever American president to visit Lao PDR when... Mar 21, 2016



LOCATION:

Southeastern Asia, northeast of Thailand, west of Vietnam



AREA:

Total: 236,800 sq km



CLIMATE:

Tropical monsoon; rainy season (May to November); dry season (December to April)



POPULATION:

6,911,544 (July 2015 est.)



GDP (purchasing power parity):

$37.5 billion (2015 est.)



GDP (official exchange rate):

$12.55 billion (2015 est.)



GDP - real growth rate:

7.5% (2015 est.)



GDP - per capita (PPP):

$5,400 (2015 est.)



GDP - composition, by sector of origin:

Agriculture: 23.1%

Industry: 33.4%

Services: 43.5% (2015 est.)



AGRICULTURE - products:

Sweet potatoes, vegetables, corn, coffee, sugarcane, tobacco, cotton, tea, peanuts, rice; cassava (manioc, tapioca), water buffalo, pigs, cattle, poultry



INDUSTRIES:

Mining (copper, tin, gold, gypsum); timber, electric power, agricultural processing, rubber, construction, garments, cement, tourism



EXPORT:

$3.115 billion (2015 est.)



IMPORT:

$4.912 billion (2015 est.)



EXPORTS - commodities:

Wood products, coffee, electricity, tin, copper, gold, cassava



EXPORTS - partners:

China 34.2%, Thailand 27.4%, Vietnam 15.7% (2014)



IMPORTS - commodities:

Machinery and equipment, vehicles, fuel, consumer goods



IMPORTS - partners:

Thailand 55.2%, China 25.6%, Vietnam 6.6% (2014)






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