Morocco Diversifies Cereal Imports from South America Amid Global Market Tensions

– byArmel · 1 min read
Morocco Diversifies Cereal Imports from South America Amid Global Market Tensions

At the end of last February, Morocco imported 41% of its national cereal needs from Brazil and Argentina, this in a very tense context of international markets.

Responding to a written question in parliament on the additional measures taken by the government to ensure the supply of the domestic wheat market, the Minister of Agriculture, Mohamed Seddiki, indicated that due to the continued war in Ukraine, Morocco has opted for a strategy of diversifying supply sources in order to avoid all factors that could affect the domestic market.

The minister recalled that the government had "canceled the import duties imposed on imports of durum wheat from August 1, 2021", in addition to "adopting a subsidy on imports of soft wheat from November 21 until the end of April 2022, which has been extended."

Thus, despite the drought and the current geopolitical factors, the kingdom’s imports have been made from 15 countries compared to 25 in the previous campaign. 41% of imports until the end of February 2022 come from Brazil and Argentina, the minister specified.