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.
The agriculture sector is of paramount importance to the Ecuadorian economy. In 2017, it accounted for 9.3% of the country’s GDP, 43.8% of national exports, 26.1% of formal employment and 20.3% of total FDI flow. The sector was also one of the ...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 close to 20% of he world's wheat, maize, and poultry. The ...READ MORE
Agriculture is one of the key economic sectors of Mexico, accounting for 3.4% of the country’s GDP, 13.4% of formal employment and 4.6% of national exports in 2017. Moreover, the sector was one of the main driving forces of the economy in 2017, ...READ MORE
Agriculture plays an important role in the economic and rural development of Indonesia. It generates over 13% of Indonesia’s GDP and is the country’s biggest employer, providing work to a third of the labour force. The sector satisfies ...READ MORE
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