What are the main imports of 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.

What are the main imports and exports in 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. Major imports are semimanufactures and industrial equipment, crude oil, and food commodities.

Does Morocco import or export more?

Morocco is currently our 63rd largest goods trading partner with $5.1 billion in total (two way) goods trade during 2019. Goods exports totaled $3.5 billion; goods imports totaled $1.6 billion.

What is Morocco’s largest export product?

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 do we import from Morocco?

At the more detailed four-digit Harmonized Tariff System (HTS) code level, in 2020 Morocco’s most valuable exported products were fertilizer mixes (11.2% of the global total) ; insulated wire or cable (11%); cars (10.8%); phosphoric and polyphosphoric acids (4.3%); unknitted and non-crocheted women’s clothing (3.1%); …

IMPORTANT:  Why does global warming require attention in Kenya?

What is Morocco best known for?

10 Things Morocco is Famous For

  • The Atlas Mountains. …
  • The Moroccan Desert & Sahara. …
  • Moroccan Wild Beaches & Azure Coasts. …
  • Moroccan Ski Resorts. …
  • Morocco Monuments, Architecture & History. …
  • Moroccan Food. …
  • Morocco Unique Culture. …
  • Morocco Cats.

What cars are made in Morocco?

Morocco has two major “traditional” car manufacturers: Renault and PSA.

Why is Morocco so rich?

Industry and mining contribute about one-third of the annual GDP. 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.

Is Morocco a third world country?

Yes, Morocco is considered a third world country. Although the term third world country is a bit outdated, it is still used to describe many countries around the world. Terms like “developing countries” and “underdeveloped countries” are now used interchangeably with the terms “third world country”.

What is the main religion in Morocco?

Executive Summary. According to the Moroccan constitution, Islam is the religion of the state, and the state guarantees freedom of thought, expression, and assembly.

Why Morocco is so poor?

Poverty in the country is associated with three factors. They are illiteracy, financial inequality, and economic volatility. All these elements contributed to the slow economic development of Morocco. It leaves almost nine million of its population on the poverty line.

Is Morocco richer than India?

India with a GDP of $2.7T ranked the 7th largest economy in the world, while Morocco ranked 60th with $117.9B.

Gross Domestic Product & Income.

IMPORTANT:  How did Morocco get its independence?
Stat India Morocco
GDP $2.7T $117.9B
GDP growth, 1 year 7.1% 3.1%
GDP growth, 5-years average 7.6% 3.1%
Population 1.3B 36M

What does Morocco export to USA?

The major U.S. imports from Morocco include salt, sulfur, electrical equipment, fertilizers, woven apparel and agricultural products such as olive oil and processed fruits and vegetables.

African stories