Economy
In May, Brazil recorded its second-highest monthly export of live cattle ever, shipping over 111,000 heads and generating nearly 105 million dollars in revenue. Morocco stood as the third-largest importer, purchasing more than 14,000 heads valued at over 16 million dollars, primarily sourced from the......
A recent trade agreement between China and the United States, brokered in Geneva through Swiss mediation, has led to a temporary de-escalation of trade tensions. The deal includes a 90-day suspension of certain tariffs, aiming to restore mutual trust and explore future economic collaboration. Both nations......
The tariff policies imposed by the United States have long had a significant impact on international trade, influencing both partner economies and diplomatic relations. In recent years, U.S. trade policy has shifted towards tariff hikes, economic sanctions, and a clear intention to protect domestic industries......
A high-level delegation from the Brazilian aerospace giant Embraer recently concluded a visit to Morocco, focusing on the nation’s potential to bolster its aerospace supply chain. The company announced the visit's outcomes in a press release on Thursday. During the trip, Embraer identified......
The recent imposition of sweeping tariffs by U.S. President Donald Trump has sent shockwaves through global markets, particularly affecting long-standing U.S. trading partners like the European Union, Japan, and South Korea. However, several countries, including Brazil, Egypt, Singapore, and Turkey,......
Morocco's footwear exports to Brazil have experienced an astounding surge, with sales spiking by 3,300% in February compared to the previous year. This remarkable growth positioned Morocco as one of the top 20 suppliers of shoes to the Latin American market, according to data from the Brazilian Footwear......
The United States has implemented new tariffs on steel and aluminum imports, further intensifying the global trade war initiated by President Donald Trump. As of Wednesday, all metal imports are now subject to a 25% tariff with no exemptions, and the duty on aluminum has increased from 10%. The expiration......
Royal Air Maroc (RAM) Cargo has revitalized a key trade route linking Morocco and China, essential for the movement of goods between China and Africa, while also establishing a direct connection to Brazil. The Moroccan airline has introduced a Boeing 787-9 aircraft operating three flights per week between......
In response to the imposition of 25% tariffs on steel and aluminum imports by U.S. President Donald Trump, the Brazilian government affirmed on Tuesday that Brazil would not engage in "any trade wars." The country expressed its commitment to upholding free trade and strengthening international......
In 2024, trade between Morocco and Brazil saw a growth of 4.52%, reaching a total of $2.77 billion compared to $2.65 billion in 2023, according to the Arab-Brazilian Chamber of Commerce. This increase demonstrates a notable boost in bilateral relations, with a slight trade surplus of approximately $2.2......
After a challenging year marked by drought and slowed economic activity, Morocco’s economy is poised for a significant rebound in 2025, according to the latest projections from the High Commission for Planning (HCP). The recovery is expected to be driven by improvements in key sectors such as agriculture,......
New sanctions imposed by the U.S. on Russian oil producers and vessels are expected to significantly impact Russia's oil exports, forcing China and India to source more oil from the Middle East, Africa, and the Americas. This shift is expected to drive up oil prices and freight costs, traders and......
In 2024, global crude oil exports experienced a 2% decline, marking the first decrease since the COVID-19 pandemic, according to shipping data. This reduction is attributed to slower demand growth and significant changes in refinery operations and pipeline routes. The global oil market has faced disruptions......
