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Agribusiness
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.
Turkey’s agriculture sector generates nearly 6% of the country’s GDP and provides employment for almost a quarter of the workforce, as it is the principal employer in rural areas. The sector benefits from favourable geographical ...
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Poland is one of the major producers of agricultural commodities in the EU. The country was the leading producer of apples and poultry meat, ranking second in terms of potatoes, third in cereals and fourth in pork. The sector has significant ...
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The wood, paper and furniture industry is one of the key sectors of the Polish economy, its combined gross value added stood at PLN37.57bn in2016, which represented 2% of the GDP. The gross output of the three subsectors stood for around 6.5% of the ...
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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 ...
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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 ...
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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 ...
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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 ...
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The wood, paper and furniture industry is one of the key ones in the Polish economy, generating around 6.5% of the country’s GDP. The sector’s exports constitute around 11% of the country's total exports and are of major importance - ...
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Agriculture generates slightly over 2% of Poland’s GDP and provides employment for a sixth of the workforce. The gross value added (GVA) of the Polish agricultural sector totalled PLN 41.59bn in 2016, edging up 0.2% from 2015. The sector ...
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Agriculture traditionally plays an important role in Turkey’s economy generating slightly over 6% of the country’s gross domestic product (GDP) and providing employment for nearly a quarter of the total workforce. Agriculture is the ...
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