Morocco-Africa: Trade Up 29.8% in 2021 - Exchange Office

Morocco-Africa: Trade Up 29.8% in 2021 - Exchange Office
MAP
Tuesday 19 July 2022 - 23:53

Morocco’s trade with Africa increased by 29.8% in 2021, i.e. 10.6 billion dirhams, after a two-year decline, according to the Exchange Office.

For the third year in a row, Egypt is Morocco’s main African partner, followed by Algeria, Tunisia and Côte d’Ivoire, the Office’s annual report on Morocco’s foreign trade in 2021 showed.

These countries account for nearly half of trade (47.9%, says the report, adding that the trade balance with Africa posted a trade surplus of 6.3 billion dirhams (a 16% drop compared to 2020).

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