Agriculture

The share of agriculture in the economy of Mauritius is gradually decreasing due to the active development of industry and services. Today, agriculture accounts for 3.4% of GDP and 5.1% of the employed population.

In 2022, imports of agricultural products to Hong Kong amounted to 23.4 billion US dollars, a decrease of 13.6% (-3.7 billion US dollars) compared to 2021. The volume of imports for 2018-2022 decreased annually by an average of 5.5%.

According to the quarterly update of the cost study established by the Farm Economics and Rural Studies Office (BAL), milk production costs in Germany amount to 49.73 cents per kg (as of July 2023). With 46.87 cents per kg, costs were at a lower level in April 2023.

Agriculture is a key sector of Benin's economy, accounting for 26.9% of the country's GDP. However, most of the production is accounted for by subsistence farming, and only a small part of the products produced is represented on the domestic market.

Agriculture is an important component of the country's economy. The potential of agriculture can be realized if the introduction of modern technologies in agriculture continues. This is especially important given the vulnerability of the country's agricultural sector to climate change.

Poultry meat consumption in the UAE in 2017-2021 was in the range of 440-486 thousand tons. In 2021, the volume of consumption amounted to 471.8 thousand tons, which is 5.2% more than in 2020.

Agriculture accounts for only 1.7% of GDP and 1.2% of the employment structure. As a result, the country is highly dependent on food imports (about 90% of consumption).

The agricultural sector accounts for 24.1% of Uganda's GDP and 62.9% of the employed population. This is the main field of activity for the majority of the country's residents, however, the employment-to-GDP ratio demonstrates insufficient efficiency of agricultural production

AgroVen, a 250-member investor network, presented its investment thesis and its linkup with the Solusolo startup at an event organized by Moon Hub at AgTech Garage in Uberaba (MG) to promote connections between startups and investors.

Agri SA will be making a submission to Parliament which demonstrates the negative impact of the national minimum wage on the growth and sustainability of the agricultural sector