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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.
Vietnam occupies leading positions in the global production of several agricultural commodities, ranking among the world’s top ten producers of rice, pork, oranges, cashew nuts and fish. The agribusiness sector plays an important role in ...
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The Mexican agriculture sector, including crop, livestock and fisheries, plays a key role in the domestic economy. Agriculture GVA accounted for 3.8% of GDP in 2020, and the sector is among the largest employers in the country ...
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The agricultural sector is the largest employer in Indonesia and a main driver of growth for the economy. The sector provided employment of nearly 30% of the country’s workforce and generated almost 14% of its GDP in 2020. The ...
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Malaysia's Agriculture, Forestry and Fishing sector accounted for 8.2% of GDP, growing ?? 5.9% y/y in 2020. With a share of 43.7%, palm oil was the major contributor to agricultural sector GDP in 2020, followed by livestock (15.1%), ...
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