Investments are needed in the agricultural sector as it increases contributions to GDP


Agri-food is the third largest sector from 2005-2015 contributing 12 percent to the gross domestic product (GDP). Together with the processing industry of agricultural products, it is a total of 16 percent of the GDP.

The Economic Chamber of Macedonia emphasized that investments in this sector are of great importance because they contribute to foreign trade, and the share of agri-food products in exports is 16 to 19 percent.

Last year the production of juices increased by 4 percent compared to 2014, and in the same period, there was an increase of 25 percent in the production of water.

In the department of water production, there are 13 domestic companies producing 24 different brands of water and has 1,200 employees.

As a successful example the company “Kozuvcanka” was listed, which accounts for 28 percent of water production and has invested 400,000 euros in improving its brands.

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