
Morocco's Phosphate Exports Surge 67.7%, Boosting Economy
At the end of last August, Moroccan phosphate and derivative exports increased sharply, reaching 7.89 billion dirhams (MMDH), an increase of 67.7% compared to a year earlier.

At the end of last August, Moroccan phosphate and derivative exports increased sharply, reaching 7.89 billion dirhams (MMDH), an increase of 67.7% compared to a year earlier.

Despite the maintenance of the customs duty , Turkish exports of finished textile and clothing products to Morocco continue to grow.

Moroccan fruits and vegetables are the least withdrawn from the EU market for their content of unauthorized pesticides or for having exceeded the maximum residue limits allowed at EU level, according to August data from the European rapid alert system for food and feed.

Moroccan clothing exports to the European Union (EU) are experiencing strong growth.

The National Office of Hydrocarbons and Mines of Morocco (ONHYM) and the British company Chariot Oil & Gas have signed an agreement this week to transport the gas found off Larache to Europe via the Maghreb-Europe gas pipeline (GME).

The volume of Moroccan olive oil exports has doubled compared to 2021, reaching 13,200 tons in volume by the end of August and 456 million dirhams in value, an increase of 47%.

The growth of Moroccan tomato exports to the EU is worrying Spanish producers, who are calling for a "policy to improve competitiveness".

Faced with the economic situation and the drought that have severely affected Morocco, Russia is considering multiplying its agricultural exports to the kingdom by 10.

The volume of Moroccan exports of fruits and vegetables to Russia has increased significantly in recent months, making Morocco its main supplier.

To cope with European sanctions following its invasion of Ukraine , Russia is considering supplying Morocco with coal.

After difficult periods due to Covid-19, the recovery of the craft sector is confirmed. During the first seven months of the current year, exports of Moroccan craft products have increased by 21%.

The first half of 2022 saw a surge in Moroccan exports of phosphates and derivatives.