56 pct of output is generated in intermediate consumption, Eurostat says.
European Union’s agricultural output rose 6.2 percent to €432.6 billion ($488.9 billion) in 2017, compared with the previous year, Eurostat announced on Friday.
Last year, 56 percent — €244.1 billion ($275.8 billion) — of the total output was generated through intermediate consumption, Eurostat said.
“Gross value added was the equivalent of 44 percent or €188.5 billion ($213 billion),” it added.
Among member states, most agricultural output — 17 percent — was generated by France — €72.6 billion ($82 billion) in the year.
Germany, Italy, Spain, and the U.K. followed France at €56.2 billion ($63.5 billion), €55.1 billion ($62.3 billion), €50.6 billion ($57.2 billion) and €31.8 billion ($35.9 billion), respectively.
The increment in EU agricultural output stemmed mostly by an increase in the value of animal output — 10.3 percent.
Turkey’s agriculture, forestry, and fishery output’s value rose by 17.2 percent to over 189 billion liras ($41.2 billion) in 2017, versus 2016, according to the Turkish Statistical Institute (TurkStat).
