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Moroccan trade is still [when?] dominated by its main import and export partner France, although France's share in Moroccan trade is declining in favour of the US, the Persian Gulf region and China. If seen as a single entity, the EU is by far Morocco's largest trading partner.
In recent years [when?] , Morocco has reduced its dependence on phosphate exports, emerging as an exporter of manufactured and agricultural products, and as a growing tourism destination. However, its competitiveness in basic manufactured goods, such as textiles, is hampered by low labour productivity and high wages. Morocco is dependent on imported fuel and its food import requirement can rise substantially in drought years, as in 2007. Although Morocco runs a structural trade deficit, this is typically offset by substantial services earnings from tourism and large remittance inflows from the diaspora, and the country normally runs a small current-account surplus.[1]
Morocco signed in 1996 an agreement of association with the European Union which came into effect in 2000. This agreement, which lies within the scope of the Barcelona Process (Euro-Mediterranean partnership) started in 1995 and envisages the progressive implementation of a free trade area planned for 2012.
^"The Economist - World News, Politics, Economics, Business & Finance". The Economist.
Moroccantrade is still [when?] dominated by its main import and export partner France, although France's share inMoroccantrade is declining in favour...
Slavery existed inMorocco since antiquity until the 20th-century. Morocco was a center of the Trans-Saharan slave trade route of enslaved Black Africans...
The economy of Morocco is considered a relatively liberal economy, governed by the law of supply and demand. Since 1993, in line with many Western world...
The Moroccan fossil trade is the large industry surrounding the excavation, preparation and international sale of fossils from Morocco. Morocco contains...
Morocco, officially the Kingdom of Morocco, is a country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the...
Agriculture inMorocco employs about 40% of the nation's workforce. Thus, it is the largest employer in the country. In the rainy sections of the northwest...
of human habitation inMorocco spans since the Lower Paleolithic, with the earliest known being Jebel Irhoud. Much later Morocco was part of Iberomaurusian...
been illegal inMorocco since the nation's independence in 1956, reaffirmed by a total ban on drugs in 1974, but was partially tolerated in the country...
al-ʿalawiyyīn al-fīlāliyyīn) – also rendered in English as Alaouite, 'Alawid, or Alawite – is the current Moroccan royal family and reigning dynasty. They...
investments, and free trade agreements that Morocco has with other countries. Some free trade agreements include the Euro-Mediterranean free trade area agreement...
السادس, romanized: Muḥammad as-sādis; born 21 August 1963) is King of Morocco. A member of the 'Alawi dynasty, he acceded to the throne on 23 July 1999...
Israel". World Trade Organization. "Morocco Free Trade Agreement". USTR.gov. Retrieved 20 May 2023. "United States - Morocco". World Trade Organization...
exclusive trade for Morocco for a period of 12 years, until its charter expired in 1597. Queen Elizabeth sent her Minister Roberts to the Moroccan sultan...
after the Reconquista in the 15th century. The Trans-Saharan slave trade brought a population of Sub-Saharan Africans to Morocco. After the founding of...
official monetary currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of Morocco. One Moroccan dirham is subdivided into 100 santimat...
best anchorages of the Moroccan coast. The Carthaginian navigator Hanno visited in the 5th century BCE and established the trading post of Arambys. Around...
of Moroccoin 2021 is 37.271 million. Moroccans are primarily of Arab and Berber origin. Socially, there are two contrasting groups of Moroccans: those...
participants in the European drug trade. In broader terms of Moroccan organized crime, this also includes northern Moroccan hash kingpins and southern Moroccan traffickers...
pronounced [murraːkuʃ]) is the fourth-largest city inMorocco. It is one of the four imperial cities of Morocco and is the capital of the Marrakesh–Safi region...
Morocco- sovereign country located in western North Africa. Morocco has a coast on the Atlantic Ocean that reaches past the Strait of Gibraltar into the...