In 2021, Morocco exported more than 7,000 million euros to Spain. According to data published by the Spanish embassy in Rabat, this is 14,6% more than the previous year. The Alaouite country has imported 9,500 million euros from our country in 2021, which is 29,2% more than the previous year. These data represent 2,1% of Spain's world share in imports. The trade curve between the two nations has had a positive trend since 2016, but with a slight drop in 2020 due to the crisis caused by Covid-19.
In that same year, exports to Spain reached 6,37 million euros, compared to almost 7 million the previous year. The same happens with imports since these amounted to 7.35 billion euros, while in 2019 the profits obtained were 8.45 billion.
The Spanish Federation of Associations of Exporting Producers of Fruit, Vegetables, Flowers and Live Plants (FEPEX) calculated that Spanish imports of fresh fruits and vegetables from Morocco reached 220,771 tons in the first half of 2021. These figures represent an improvement of a 2% compared to the same period last year.
Madrid is Rabat's largest trading partner and trade between the two territories accounts for nearly a third of Moroccan foreign trade. For its part, The Kingdom is Spain's main African client and its second largest client in the world outside the European Union.
Source: blueberriesconsulting.com
