Trade and investment relationships involving the Eu and Morocco was intense: the newest Eu was Morocco’s best trading spouse, and you will Morocco ‘s the EU’s biggest trade mate one of the Southern Neighborhood (Algeria, Egypt, Israel, Michael jordan, Lebanon, Libya, Morocco, Palestine*, Syria and you will Tunisia).

Trade photo

• Morocco ‘s the EU’s 20 th most significant trading mate, symbolizing step one% of your own EU’s full trade in services and products towards the globe for the 2020. Morocco is the EU’s most significant exchange mate one of many South Neighbourhood countries, having twenty five% from overall Eu trade in items to the region.
• Brand new Eu was Morocco’s premier trade partner, bookkeeping to own 56% of the items trade-in 2019. 64% from Morocco’s exports visited the latest European union, and you may 51% out of Morocco’s imports came from the fresh Eu.
• Complete trade-in products involving the European union and you will Morocco during the 2020 amounted in order to €thirty five.3 million. The fresh EU’s imports of Morocco amounted in order to €fifteen.dos billion, was basically provided by electrical machines and transport gizmos (€6.step one mil, forty.8%), agri-food (€2.5 billion, 16.2%), and you may materials and you can attire (€dos.step three billion, fifteen.1%). Brand new EU’s exports to Morocco amounted in order to €20.step one billion. Exports was basically added by electrical machines and you will transportation products (€cuatro.eight million, 23.5%), with chemicals (€dos.2 mil, ten.8%), strength and you can oils items (€1.9 mil, 9.4%), agri-eating (€dos.2 million, 9.3%), and fabrics and dresses (€step one.4 million, 7.1%).
• Two-ways trade in functions amounted to help you €ten.7 million in the 2019. European union imports away from attributes illustrated €six mil and you may exports amounted so you’re able to €cuatro.eight million. (more…)