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Morocco triples agricultural imports from Russia amid grain supply expansion

Morocco triples agricultural imports from Russia amid grain supply expansion
Thursday 13 February 2025 - 07:50 By: Dakir Madiha
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Morocco's agricultural imports from Russia reached $280 million in 2024, marking a three-fold increase compared to 2023, according to new data from the Agroexport Center reported by Interfax. Russia has emerged as Morocco's primary wheat supplier, surpassing France's long-standing position due to competitive pricing and quality.

The surge in imports comes as Morocco grapples with consecutive years of drought, leading to increased dependence on foreign grain supplies. The country's wheat imports exceeded one million tons last year, with additional imports including legumes, barley, and honey.

A December memorandum agreement between the two nations formalized arrangements between Russian exporters and Moroccan grain traders. Since the start of the 2024-2025 season, Russia has exported 650,000 million tonnes of wheat to Morocco, placing the North African nation among Russia's top 10 wheat buyers.

The Agroexport Center estimates Russia's potential agricultural exports to Morocco could reach $350 million, with cereals and vegetable oils leading the demand. The Russian Union of Exporters and Producers of Grains has expressed interest in supplying Morocco with one million tons of wheat this season, with plans to increase future supplies to 1.5 million tons.

The agreement aims to strengthen bilateral trade relations and enhance Morocco's grain supply security, reflecting both countries' commitment to expanding cooperation across various sectors.

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