In order to reduce its dependence on imports following the Russia-Ukraine conflict, Brazil has requested assistance from Morocco to ensure its supply of fertilizers.
Wheat, the main staple food in Morocco , is at the heart of concerns since the Ukrainian invasion. While prices are rising on imports and domestic production is insufficient, it is announced that the existing national stock can only last 5 months.
In Morocco, the import of drones is subject to very strict conditions. Abdelouafi Laftit, Minister of the Interior, reports that 616 drones have already been authorized to fly over Moroccan airspace.
The Russian war in Ukraine could negatively impact the Moroccan economy, as the two countries are Morocco’s trade partners. The kingdom could face a surge in prices of certain products, particularly wheat.
In 2021, Morocco exported around 7.3 billion euros to Spain, up 14.6% compared to 2020, according to data published by the Spanish embassy in Rabat.
At the end of last January, Moroccans living abroad (MRE) transferred around 6.09 billion dirhams (MMDH) compared to more than 6.74 MMDH in 2021, according to the Office des Changes.
Spanish imports of tomatoes from Morocco have increased from around 18 million kilos in 2014 to 80 million kilos in 2021, an increase of 348%.
As Russian missiles strike Ukraine, experts warn that the impact of the conflict will not fail to be felt in all African countries, including Morocco.
Faced with the rise in world prices, particularly for oil, gas and food, the Moroccan economy is being put to the test. The government will have to review its priorities to get the kingdom out of the impasse.
Spanish imports of Moroccan zucchini have fallen by -37.34%, from 13.07 million kilos in 2018 (January to November) to 8.19 million kilos over the same period in 2021.
The Vox party is calling on the European Union (EU) for a green tariff on foreign products, particularly Moroccan ones, to reduce their invasion of the European market and put an end to the "unfair competition" suffered by Spanish producers.
The parliamentary group of the Party of Progress and Socialism (PPS) has just questioned the government on the ban on the import of drones decided since 2015. According to them, this measure penalizes Moroccan companies that use these devices for their activities.