Annual Review and Outlook launched by Minister Michael Creed

 

Minister for Agriculture, Food and the Marine Michael Creed today launched his Department’s Annual Review and Outlook for Agriculture, Food and the Marine 2016-2017.

The agri-food sector is Ireland’s largest indigenous industry and continues to play a crucial role in Ireland’s economy, with a turnover of €26bn, contributing 7.6% of GDP and generating 10.3% of all exports in 2016. The value of exports increased by about 2% in 2016 to reach €12.2bn, marking growth of over 56% since 2009. The sector also makes a significant contribution to employment, particularly in rural areas, accounting for 8.6% of total employment. This publication brings together information and statistics on a variety of key topics which impact on the agri-food sector, Minister Creed said, and there is also a new trade chapter in this year’s edition, which provides detailed information on exports by sector and by export destination.
“Having a strong evidence base is essential for policy formation and implementation. I am confident that the data included in the publication will inform policy analysis and debate over the next year,” the Minister concluded.

Tags: economy Department of Agriculture,Food and the Marine Minister for Agriculture, Food and the Marine Michael Creed Annual review and outlook 2016-2017