Table of Contents
What are the main exports of Morocco?
Top 10
- Electrical machinery, equipment: US$4.7 billion (16.9% of total exports)
- Vehicles: $3.6 billion (13.1%)
- Fertilizers: $3.4 billion (12.2%)
- Clothing, accessories (not knit or crochet): $1.9 billion (6.9%)
- Fruits, nuts: $1.5 billion (5.4%)
- Vegetables: $1.32 billion (4.7%)
- Fish: $1.26 billion (4.5%)
What are the main imports in Morocco?
Morocco imports crude petroleum, textile fabric, telecommunications equipment, wheat, gas and electricity, transistors, plastics. Its main imports partners are: France, Spain, China, Italy, Germany, United States and Saudi Arabia.
Who does Morocco trade with the most?
Trade with France France is Morocco’s largest trading partner for both imports and exports, controlling more than 60% of foreign direct investment in Morocco.
What are the exports and imports?
Exporting is the sale of products and services in foreign countries that are sourced or made in the home country. Importing refers to buying goods and services from foreign sources and bringing them back into the home country.
What are the 3 main exports of Morocco?
The three leading exports are agricultural produce (citrus fruits and market vegetables), semiprocessed goods and consumer goods (including textiles), and phosphates and phosphate products.
What is the main industry in Morocco?
Morocco has a relatively small amount of mineral resources, phosphates being its main source of wealth. Industry contributes 25.3% of the GDP and employs 22% of the workforce. The main sectors are textiles, leather goods, food processing, oil refining and electronic assembly.
What is Morocco known for economically?
The major resources of the Moroccan economy are agriculture, phosphate minerals, and tourism. Morocco is the world’s third-largest producer of phosphates (after the United States and China), and the price fluctuations of phosphates on the international market greatly influence Morocco’s economy.
Where does Morocco import from?
In 2019, Morocco major trading partner countries for exports were Spain, France, Italy, United States and Germany and for imports they were Spain, France, China, United States and Italy.
What does Morocco export to other countries?
Phosphates and textiles are central to Morocco’s export industry. Other exports items include electric components, inorganic chemicals, transistors, citrus fruits, vegetables, fish. Morocco main exports partners are European Union countries with Spain, France and Italy being the most important.
What’s Morocco famous for?
7 Spectacular Things Morocco is Known For
- The Sahara Desert. When most people choose to travel to Morocco, it’s to see the famed Sahara Desert.
- Hassan II Mosque.
- Mint Tea and Pastries.
- Majorelle Garden.
- The Architecture.
- Todgha Gorge.
- Tagine.
What are the main exports and imports of Morocco?
The top exports of Morocco are Cars ($2.62B), Mixed Mineral or Chemical Fertilizers ($1.7B), Insulated Wire ($1.53B), Non-Knit Women’s Suits ($1.33B) and Phosphoric Acid ($1.01B), using the 1992 revision of the HS ( Harmonized System ) classification. Its top imports are Refined Petroleum ($3.13B), Cars ($1.81B),…
What are the major trade partners of Morocco?
In 2018, Morocco major trading partner countries for exports were Spain, France, United States, Italy and India and for imports they were Spain, France, China, United States and Italy. Country Year/Range
What are the main products of Morocco?
Major agricultural products include dairy products, meat, fruit, and vegetables, in which Morocco is self-sufficient. Morocco is also a producer of grains, which are grown on 68 percent of the cultivated land, plus sugar, oils and tea, but production is rarely sufficient to meet domestic demand.
What are major industries does Morocco have?
Some of Morocco’s most important industries include agriculture, tourism, and mining . Morocco is considered to have great agricultural potential because it has vast amounts of arable land, nearly 33,000 square miles, and a temperate Mediterranean climate.