Agriculture is one of the fundamental economic sectors, with an essential role in securing raw materials and basic food for sustaining human life and the operations of manufacturing industries. Apart from being at the base of the global food chain, the sector is of vital importance for economic and social development in a large number of developing countries. Against a background of rapidly growing world population, rising incomes in emerging markets and changing consumption patterns, agriculture’s main tasks are to increase productivity and to ensure steady food supply in a sustainable way that takes into account social, economic and environmental considerations.
Agriculture involves the cultivation of the soil and the harvesting of a variety of crops, fruits, nuts, vegetables and flowers. It also includes the growing and harvesting of forest products, the hunting of animals, livestock breeding, production of livestock products such as milk and eggs, fishing and aquaculture, and related support activities.
Argentina is one of the world's largest producers and exporters of cereals and oilseeds and it is also among the ten biggest beef and poultry meat producers on a global scale. The agriculture sector has a key socio-economic role for Argentina, ...READ MORE
In 2016, Poland’s agricultural sector including hunting, forestry and fishing accounted for 2.38% of GDP and 16% of total employment. The gross value added (GVA) of the sector reached PLN 44.23bn, up 11.6% y/y. There were 2.391mn ...READ MORE
Colombia’s agriculture, livestock, forestry, hunting and fisheries sector accounted for 6.5% of GDP in 2017 and for 17.3% of total employment in 2017. The government agricultural support programme Colombia Siembra (“Colombia Sows”), ...READ MORE
In 2016 the gross value added (GVA) of the Romanian agriculture, forestry and fishing sector reached RON 29,654.2mn and accounted for 4.34% of Romania’s total GVA and 3.89% of GDP. There were 1.726mn persons employed in the sector, which ...READ MORE
Agriculture plays an important role in the economic and rural development of Malaysia. Commercial crops such as palm oil, rubber, and cocoa are processed into higher value-added products that are the country’s main agricultural ...READ MORE
Despite having relatively small arable land area, Chile's agriculture, livestock and fisheries sector is well developed and diversified, making the country a key global player in some segments such as grapes, apples, blueberries, walnuts, ...READ MORE
Hungarian agriculture accounted for 2.1% of the EU’s agricultural output in 2016, up by 0.2 pp y/y. The agricultural sector accounted for 3.8% of the country’s total GDP and for 4.4% of the total gross value added (GVA). GVA ...READ MORE
The agriculture sector plays an important role in Russia’s economy, generating nearly 4% of the country’s GDP, employing 9% of the total workforce and accounting for 6% of the total exports. Over the past 15 years, Russia ...READ MORE
The Philippines is an agrarian country, with half of its population engaged in farming. In 2017, the agriculture and forestry sector alone contributed 8.4% to national GDP – a share which rises to 9.6% if fisheries are included – ...READ MORE
China is the world's largest agricultural economy, consuming and supplying more than half of the world's pork, and supplying one-third of its horticultural products, rice, and cotton and approximately 20% of the world's wheat, maize, and poultry. The ...READ MORE