Key Market Indicators
Lao's livestock production is projected to reach around 4.2 million heads by 2026, a 1.5% year-on-year increase since 1966. In 2021, Lao placed 73rd in a global ranking of countries, with Malaysia ahead at 3.8 million heads. Brazil, India, and the United States took the second, third, and fourth spots respectively. Lao's livestock import is expected to reach nearly $70 million by 2026, a 3.1% year-on-year rise since 2015. In 2021, Lao placed 48th in the global ranking, with New Zealand ahead at $56.6 million. Germany, Italy, and the Netherlands came in second, third, and fourth respectively.