In order to avoid shortages and rising wheat prices , Russia has decided to apply export restrictions to four former Soviet republics. Should Morocco fear for its supply?
Oksana Vasilyeva, Ukraine’s ambassador to Rabat, provided clarifications on the interruption of Ukrainian wheat to Morocco, following the Russian invasion launched on February 24.
To deal with the rise in the price of tomatoes in Morocco in recent days, industry professionals have decided to reduce exports, one of the causes of the price hike that is causing outrage and anger among consumers.
Following the sharp increase in the price of tomatoes in recent weeks in Morocco, government spokesman Mustapha Baitas was expected to give the reasons for this surge that Moroccans have had trouble understanding.
Spanish exports of automotive components to Morocco fell by -1.2% in 2021 compared to 2019, according to data from the Spanish Association of Automotive Component Producers (SERNAUTO).
Like other food products, tomato prices have risen sharply, angering consumers just days before Ramadan.
Urgent meeting this Monday, March 7, 2022 of the Association of Citrus Fruit Producers in Morocco (ASPAM). The objective is to examine the situation of Moroccan citrus growers, impacted by the Russian-Ukrainian conflict.
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%.
After a decline in 2020, electricity production in Morocco rebounded in 2021, resulting in a 5.3% increase in production and a 36.5% increase in exports.