TIRANA, July 9 /ATA/ – The Albanian southern region of Fier tops list of fast-growing agricultural businesses in the country, registering the highest number of new businesses launched in agriculture and agribusiness sector in 2020, data from the National Institute of Statistics, INSTAT, show.
Fier region recorded 13,880 agricultural businesses at end of last year, up by 8% compared to 2019.
According to INSTAT, around 27% of the total number of agribusinesses operate in Fier, followed by south-eastern region of Korça with 8283 agribusinesses, expanding 7.1 % compared to 2020, central region of Elbasan with 6200 businesses, rising 8.7% year-on-year.
According to INSTAT, 50,411 businesses operate in the country’s agriculture, forestry and fishery, with 7.2% of them or 4706 newly-launched agribusinesses in 2020.
Agriculture is an important economic sector for the Albanian economy. It contributes 19% of the GDP. Unlike many sectors that were hit hard by the pandemic crisis, agriculture was not affected by the restrictions and consumption. Fresh locally grown produce are highly sought in the domestic market, while the country’s agriculture exports to the EU member states are increasingly steadily.
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