As President Trump’s protectionist trade policies create challenges for Spanish and Catalan companies targeting the U.S. market, businesses are diversifying their supply chains, with Morocco emerging as a key alternative.
The Market Outlook Report 2025 by the AMEC Observatory, which groups together the main internationalised industries in Spain, said Morocco, Poland, India, and Mexico as key markets for Spanish exporters seeking to navigate U.S. trade barriers.
Morocco stands out for its logistical advantages and cost-effectiveness, while Poland offers similar benefits. India’s growing economic influence also presents new opportunities, and Mexico remains critical for accessing North American markets.
Industries such as automotive, chemicals, and food are particularly vulnerable to these changes, said the report.
Despite these shifts, the U.S. remains the largest global market due to its size and purchasing power.
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