The export of dried fruits from Laos has shown considerable fluctuations over the past decade. After a significant drop between 2013 and 2014, the market rebounded sharply in 2015 and continued to grow through 2016. However, there were slight declines in 2017, followed by relatively stable growth rates from 2018 onwards. As of 2023, the value of exports stood at $335.45 thousand USD. Over the last two years, the year-on-year growth rates were modest, at 2.67% in 2022 and 2.54% in 2023. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 2.81%.

Future Trends to Watch For:

Continued moderate growth with a forecasted CAGR of 1.92% over the next five years.
Potential market adjustments driven by global demand and economic shifts.
Efficiency improvements in production and export processes.
Impact of trade policies and international relations on export activities.