It is well-known that agriculture is essential for the survival and well-being of people all over the world. It provides food, fuel, and fiber to meet the basic needs of individuals and communities. Food security is a key to ensuring that everyone has access to the necessary nutrients for a healthy and active lifestyle.
Let’s have a look at agriculture in figures:
- According to the Food and Agriculture Organization of the United Nations (FAO), approximately 690 million people in the world are hungry or undernourished, and this number has been rising in recent years.
- In developing countries, agriculture employs around 40% of the workforce and is a significant source of income and livelihoods for rural communities.
- Small-scale farmers, who often lack access to resources and technology, produce up to 80% of the food in developing countries.
- According to a report by the World Trade Organization (WTO), the total value of world agricultural exports in 2021 was US$2.14 trillion, an increase of 19% compared to the previous year.
- By 2050, it’s estimated that food production will need to increase by 70% to meet the needs of a growing global population.
Therefore, investing in agriculture is crucial for achieving many of the United Nations Sustainable Development Goals (SDGs), such as ending hunger, reducing poverty and responsible consumption.
Being a socially responsible company, we contribute to solving these essential global issues. In 2023 we continue developing our agricultural business – stock and supply chain trade financing for a variety of products – from Coffee Beans and Refined Sugar to Grean Mung and White Alubia Beans.
