
Moroccan Craft Exports Surge: US, Canada, and Europe Drive Demand
Enjoying a good reputation on the world market, Moroccan craft products are establishing themselves, contributing significantly to the kingdom’s export turnover.

Enjoying a good reputation on the world market, Moroccan craft products are establishing themselves, contributing significantly to the kingdom’s export turnover.

Morocco is one of France’s biggest arms customers. From 2019 to 2020, French arms exports fell by nearly 41%.

Morocco has seen its tomato exports to Russia collapse over the past four years, reaching less than 36,000 tons in 2020. A figure three times less than in 2016.

Simon Coveney, Ireland’s Minister of Foreign Affairs, has announced that his country will open a new embassy in Morocco by the end of this year at the latest to support the growth of trade in Africa.

Based on the positive trend in income levels, particularly a good agricultural season, and remittances from Moroccans living abroad (MRE) , the Ministry of Economy, Finance and Administrative Reform (MEFRA) has assured that the purchasing power of Moroccan families will remain at a good level.

Relations between the two "brotherly countries", Morocco and Algeria, have never been a long quiet river and in recent months, they have hardened even further with the eternal Sahara issue. But has this dispute prevented trade between Rabat and Algiers?

The Moroccan tomato is fiercely competing with the Spanish one to the point of supplanting it. This is evidenced by the volume of exports from the two countries.

The General Confederation of Moroccan Enterprises (CGEM) had announced on May 7 that a meeting between the confederation and Israeli business organizations was to present the key sectors of the Israeli economy, discuss the business climate and investment opportunities. In a tweet, the CGEM announced its postponement without giving details.

A survey conducted by Hortoinfo reveals that the export of Moroccan tomatoes shows a variable curve on the European market. While it is increasingly consumed in France, Spain, the Netherlands and the United Kingdom, Russia seems to be turning its back on it.

The plant seeds used in Morocco for the cultivation of watermelons are not genetically modified. This assurance was given by the authorities of the Food Products Safety Authority to dispel the rumor concerning the cultivation in the Kingdom of watermelon from genetically modified organisms (GMOs).

The implementation of law 13-21 relating to the legalization of medical cannabis will generate an increase in revenue of around 40% compared to current contributions, in addition to the benefits in the health, environmental and economic fields. This is the result of the feasibility studies on the legalization of the cultivation of this plant.

In Morocco, exports in the automotive sector are strongly increasing in the first quarter of 2021, reaching 38.9% for a gain of 22.6 billion dirhams. These figures show a clear progression compared to the same period in 2020, according to the Office of Foreign Exchange.