Minister of Agriculture in Portugal highlights the contribution of the agrifood sector to the economy

Published 2021년 6월 18일

Tridge summary

Portugal's agricultural sector has seen significant growth, with the rate of import coverage by exports rising from 36% in 2000 to 69% in the previous year, as highlighted by Agriculture Minister Maria do Céu Antunes. Despite the COVID-19 pandemic, the sector managed to increase exports by 2.5% and agriculture by 5.5% in 2020. In response, the government has allocated 93 million euros towards supporting agriculture as part of the Recovery and Resilience Plan. This announcement was made during the inauguration of a nut processing factory, an investment of around 50 million euros by the Sogepoc group, with an expected annual turnover of 20-25 million euros.

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Original content

The minister of Agriculture, Maria do Céu Antunes, today highlighted the contribution of the agri-food sector to the Portuguese economy, stressing that its growth made it “very expressive” the rate of coverage of imports by exports. "Today we are able to produce 85% of what we consume, on average, and our coverage rate is very expressive", said the official, at the inauguration ceremony of a nut processing factory in the Évora municipality. According to the minister, the rate of coverage of imports by exports (percentage of purchases from abroad that is offset by sales) in 2000 was "around 36%" and last year it reached "practically 69%". “We are on a very positive path to guarantee what we also aspire at the level of Europe”, which is “our strategic autonomy and contribution to territorial cohesion and to combating asymmetries and inequalities”, he said. Praising the Portuguese agribusiness, Maria do Céu Antunes underlined that, in 2020, “certainly the worst year in contemporary ...

Source: Agro Portugal