Laos earned almost US$250 million by exporting cassava during the first six months of 2022, making the commodity a top earner among agricultural products, according to the latest information from the Lao Trade Portal website. In 2021, the country earned a total of US$265.5 million from cassava exports during the whole year.
During the first half of 2022, banana exports were worth US$141 million. Laos has a huge opportunity to boost crop yields for export, particularly to China, with the China-Laos Railway able to transport perishable goods more efficiently and quickly.
At the moment, many Lao farmers are shifting to growing cassava due to the increased demand in markets.