Foreign Trade: Harvest will be good

Morocco’s trade transactions with the rest of the world are increasing again in 2021, surpassing their pre-crisis levels, reports Morocco today On its delivery on 19 July. According to the latest foreign trade statistics, they are 856 billion dirhams in 2021, 686 billion in 2020 and 775.4 billion in 2019, so 24.8% (+170 billion dirhams) and 10.4% (+80.9 billion dirhams).

You must know that Europe dominates trade with the rest of the world with a share of 63.4%. Morocco today Total trade with the continent is nearly 543.12 billion dirhams, including 453.8 billion with the European Union.

“In this way, Morocco exported approximately 195.17 billion to the EU in 2021 (+21.94 billion dirhams), an increase of 12.7% compared to 2020. Spain is the country that exports the most merchandise. Last year (+7.80 billion dirhams) it showed an increase of 12.4% ” we also know.

It should be noted that France is in second place with 67.06 billion dirhams (+9.54 billion dirhams), an increase of 16.6% compared to 2020. Third place is occupied by Italy, Morocco exports 14.02 billion dirhams of merchandise in 20231 (+2.4 ) achieving a 21% increase compared to 2020, the same source indicates. It is followed by Germany with 9.66 billion dirhams (+1.09 billion dirhams), an improvement of 12.8% compared to 2020. “The Netherlands ranks fifth with over 8.33 billion dirhams, a decrease of 0.7% compared to 2020. “Portugal comes with exports of more than 4.60 billion dirhams (+1.14 billion dirhams), an increase of 33.2%, followed by Poland, which recorded an increase of 52.8% to 3.16 billion (+1.092 billion),” the newspaper underlined.

Outside the European Union, the United Kingdom exported more than 10.76 billion dirhams (+5.38 billion) of merchandise, followed by Turkey with 7.19 billion dirhams (+1.48 MMDH) and 25.9% more. For its part, Switzerland is in third place at 2.43 billion dirhams (+923 million dirhams), registering a growth of more than 60% compared to 2020.

Morocco today The most exported product from Morocco to the EU is passenger cars, generating almost 33.04 billion dirhams (+8.841 billion), an increase of 36.5% compared to 2020. “In the ranking of products exported to the EU, wires, cables and other insulated conductors are second with 23.88 billion dirhams (-2.79 billion dirhams), down 10.5% compared to 2020, followed by manufactured garments with 21.34 billion dirhams (+3.71 billion dirhams), an increase of 21%. ” mentions. Daily.