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Economy

Morocco Emerges as Key Beneficiary of UK Trade Diversification Post-Brexit

Tuesday 09 January 2024 - 14:49

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In the wake of the UK's endeavor to broaden its trade alliances beyond the EU, Morocco and Egypt have stood out as significant beneficiaries, particularly in terms of increased British imports. A recent analysis by the Daily Express reveals a remarkable surge of over 200% in imports of fruits and vegetables from Morocco and Egypt into the UK, spanning the period from 2018 to 2022.

This noteworthy shift can be attributed to the complexities arising post-Brexit, specifically the challenges surrounding trade protocols with EU member states. These challenges have prompted British importers to forge stronger partnerships with North African nations. Notably, the UK has become increasingly reliant on Morocco for a range of produce, including raspberries, tomatoes, and tangerines, with expenditures exceeding £425 million on Moroccan fruits and vegetables in 2022 alone.

While the significance of EU trade persists, the rapid growth in imports from Morocco contrasts with the stagnation observed in exports from certain EU member states, such as Spain. This evolving landscape underscores the success of the post-Brexit partnership between the UK and Morocco, further solidified by the Association Agreement signed in 2019.

The data not only underscores the economic success but also points towards potential alignment on political issues. The UK's support for Morocco’s autonomy plan is gaining momentum, indicating that deepening economic ties may soon be complemented by shared political interests. This evolving relationship has garnered praise from influential figures, including former Prime Minister Boris Johnson, who lauded the trade gains. Consequently, the latest statistics cement Morocco’s status as a crucial British ally beyond the confines of Europe.