Lao PDR

Lao PDR

Trade and investment relationship with Australia
  • Total two-way trade: $93 million (2016)
  • Trade in goods: $34 million
  • Trade in services: $59 million
  • Total two-way investment stock: np
  • Australian investment in Laos: np
  • Lao investment in Australia: np
Key features of the market
  • Population: 6.6 million
  • GDP growth: 6.9% (2016)
  • GDP: US$15.5 billion (2016)
  • GDP per capita: US$2,394 (2016)
  • Ease of doing business: 139 of 190 (2017)

Resources and mining: There are opportunities to provide high quality consulting services on social and environmental impact, supply mining equipment and technology, engineering services and training services. A quality new mining law (currently under revision) would pave the way for the Lao Government to lift its moratorium on new exploration licences, and open up investment opportunities.

Agribusiness: Australia and Laos have collaborated on technical and agribusiness research to improve food security and farming systems, and develop domestic and export market opportunities for rice, cattle and other agricultural products. Opportunities exist to invest in the agriculture and plantation forestry sectors, particularly agricultural services.

Education: The private education market in Laos is small but growing. Australia is a favoured destination for Lao students studying abroad.