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Moroccan Produce Sector Navigates Turbulent Season with Mixed Results

As the early Moroccan fruit and vegetable season draws to a close, industry insiders report a complex landscape of challenges and opportunities that have shaped this year's export performance. Despite facing numerous obstacles, including European farmer strikes, unpredictable weather patterns, and......

Morocco and Spain Share the Spotlight in the Global Tomato Market

In a remarkable display of dominance, Morocco and Spain have emerged as the reigning tomato titans, each exporting an impressive 658.7 million kilos in 2023, according to the specialized portal Hortoinfo. This achievement is all the more notable considering the relentless drought that has gripped the......

Phosphate Trade Surges as Morocco's Export Powerhouse Fuels Growth

Morocco's economic prowess shines brightly through its flourishing phosphate sector, propelling the nation's export figures to unprecedented heights. Recent data from the Foreign Exchange Office vividly illustrates the remarkable growth of this industry, with phosphate and its derivative products......

Oracle Heralds a New Era of Cloud Computing in Africa, Sets Sights on Morocco

In a groundbreaking move that promises to reshape the digital landscape of North Africa, Oracle, a global technology titan, has announced its intention to establish two Oracle Cloud regions in Morocco. This strategic decision positions the kingdom as the first country in the region to host a hyperscaler's......

Morocco's Greenhouse Tomato Exports Surge, Surpassing Expectations in 2024

Morocco's greenhouse tomato export industry has exhibited remarkable resilience, rebounding from initial setbacks and surpassing projections in the first quarter of 2024. Despite enduring a severe drought and record-breaking summer temperatures that impacted the vital Souss-Massa agricultural hub,......

Morocco's Trade Deficit Narrows as Import Costs Drop

Morocco's persistent trade deficit is showing signs of improvement as the cost of imports declines while exports continue to rise. According to the latest figures from the Office d'Exchange (OE), the trade imbalance contracted by 14% in March 2024, with import costs falling by 4% year-over-year......

Morocco's Manufacturing Renaissance Propels Export Surge

Morocco's export sector is undergoing a renaissance, driven by growth in key industries like automotive, aerospace, and electronics. This upward trajectory, along with declining imports, has narrowed the country's trade deficit, providing a significant boost to its economy. Data from the Moroccan......

Moroccan Agriculture Thrives Despite Climate Challenges, Boasting 6.2% Growth

Morocco's agricultural sector has demonstrated remarkable resilience despite facing challenging climatic conditions over the past two growing seasons. According to a recent report from the Directorate of Financial Studies and Forecasts (DEPF), the sector achieved a 6.2% increase in value added during......

Morocco, Gastronomic Star at the Salon Gourmets in Madrid

Morocco is poised to make a notable entry onto the European gastronomic scene as the guest of honor at the 37th edition of the prestigious Salon Gourmets in Madrid, from April 22nd to 25th. This inaugural participation marks a significant milestone in the Kingdom's quest to promote its authentic......