Agri-food exports drive Italy's GDP growth

Published 2021년 8월 31일

Tridge summary

Italy's agri-food exports have seen a record increase of 23.1% in June, with an estimated annual value of 50 billion in 2021. The country's economy is being driven by the agri-food industry, which accounts for 25% of Italy's GDP and employs four million people. Italy leads in the production of rice, durum wheat, wine, and many Mediterranean vegetables and fruits. There has been a growth in demand for made in Italy food both in Italy and globally, with the United States, Germany, France, and China being the main importers. The demand has increased further with the vaccination campaign and the gradual reopening of restaurants.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The growth of GDP is driven by the historical result of made in Italy agri-food exports which recorded a record increase of 23.1% in June with a projection in value on an annual basis estimated at 50 billion in 2021. This is what emerges from the analysis of Coldiretti in reference to the income statements of the second quarter of Istat disclosed to the Cibus of Parma where the organization is present in Hall 6 - Stand B012. "Italy can restart from its strengths with the agri-food industry that has shown resilience in the face of the crisis with a driving role for employment and the entire economy - affirms the president of Coldiretti, Ettore Prandini - With the Covid-19 emergency food has become Italy's top wealth for a value equal to 25% of GDP with 538 billion euros along the entire agri-food chain extended from field to table and 4 million workers employed in 740 thousand farms , 70 thousand food industries, over 330 thousand catering establishments and 230 thousand retail ...

Source: Myfruit