Morocco
Morocco's New Car Sales Plummet 9.6% Amid Supply Shortages and Economic Challenges
In Morocco, car sales fell at the end of August due in particular to the lack of availability of models.
Topic
Imports
Spain
Spanish Farmers Raise Alarm as Moroccan Tomato Exports to EU Surge
The growth of Moroccan tomato exports to the EU is worrying Spanish producers, who are calling for a "policy to improve competitiveness".
Morocco
Salmonella Scare: California Almond Producer Recalls 158 Tons Shipped to Morocco and Other Countries
American almonds imported by Morocco have been infected with salmonella. Their recall has been initiated.
Spain
Spain's Tomato Imports Surge, with Morocco Supplying Nearly Half
Spain imported a total of 178.16 million kilos of tomatoes in 2021, nearly half (45.34%) of which came from Morocco, according to data from the Estacom statistical service.
Morocco
UK Eyes Moroccan Wheat Market Amid Global Supply Concerns
In its policy of diversifying wheat supply sources, due to the war in Ukraine, Morocco could turn to the United Kingdom. The country is positioning itself as one of the alternative suppliers.
Morocco
Morocco's Trade Deficit Widens 15.5% in 2021 as Imports Outpace Export Growth
Over the whole of 2021, Morocco’s trade exchanges experienced a significant rebound, marked by an increase in the trade deficit to 15.5%, according to Bank Al-Maghrib.
Morocco
Moroccan Expatriates Send Record $10 Billion in Remittances Amid Pandemic
Transfers from Moroccans residing abroad (MRE) in 2021 increased by 37.5% compared to 2020, according to the annual report on the economic, monetary and financial situation of Bank Al-Maghrib (BAM).
Spain
Algeria Lifts Trade Restrictions on Spain, Signaling Potential Thaw in Relations
On Thursday, Algeria lifted its trade blockade against Spain, once again authorizing foreign trade operations with the country. Is this the beginning of an easing of tensions between the two countries?
Spain
Algeria Clarifies Trade Blockade Against Spain, Exempts Pre-June 9 Transactions
The Professional Association of Banks and Financial Institutions (ABEF) of Algeria specified in a note published on Saturday that the suspension of foreign trade operations of goods and services to and from Spain does not affect goods domiciled or issued before June 9, the date of entry into force of the measure.
Morocco
US Almond Imports Dominate Moroccan Market Despite Local Quality
American almonds are in high demand to the point of dominating the local market to the detriment of Moroccan almonds. As a result, Morocco is struggling to sell its product, which is better than the imported one.
Spain
Spain Shifts to US Gas as Algerian Imports Plummet Amid Diplomatic Tensions
To gradually free itself from Algerian gas, Spain is turning to American gas for its supply . In the first half of the year, American gas imports were up 34.4%, while those from Algeria fell by 41.11% compared to the same period last year.
Morocco
Morocco's Cereal Import Costs Soar Amid Global Food Price Surge
Like several countries around the world, Morocco is also suffering from the rise in food prices caused by the war between Russia and Ukraine. At the end of May, the country spent 15.8 billion dirhams on its cereal supply compared to 10.7 billion dirhams a year earlier.