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Azerbaijan-Morocco trade experiences significant growth in early 2025

Trade relations between Azerbaijan and Morocco are witnessing a remarkable upswing, with a reported 56% increase in trade volume during the first two months of 2025 compared to the same period in 2024. This surge, as reported by the Azerbaijani State Customs Committee, reflects a robust strengthening......

Morocco's pivotal role in African trade and development

Morocco is emerging as a key player in African trade and development, showcasing its strength across several strategic sectors, according to the Economic Commission for Africa (ECA). In its Economic Report on Africa 2025, released during the 57th session of the ECA-UN (March 12-18 in Addis Ababa), the......

Morocco secures Australian sheep import deal amid domestic shortage for Eid Al-Adha

Morocco has initiated plans to import 100,000 sheep from Australia to address a significant livestock shortage ahead of Eid Al-Adha. The decision comes as the country faces a 38% decline in national livestock numbers compared to 2016, exacerbated by persistent drought conditions. Government spokesman......

Morocco triples agricultural imports from Russia amid grain supply expansion

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......

Trade partnership reaches new heights: Morocco-Spain commercial ties soar in 2024

Spain and Morocco's bilateral trade has shown remarkable growth in the first ten months of 2024, according to recent data from the Spanish State Secretariat for Trade. Spanish exports to Morocco reached €10.843 billion, marking a 6.8% increase, while Moroccan exports to Spain grew by 9.1% to......

Morocco's Energy Import Costs Drop 13% Amid Global Market Shifts

Morocco achieved substantial savings in its energy sector during the third quarter of 2024, with import costs for energy and lubricants decreasing by 13% compared to the same period in 2023. This reduction, reported by the country's Statistics and Forecasts Office (HCP), marks the most significant......

Spain-Morocco Trade Deal Sparks Debate Over Melilla Customs Framework

Spanish authorities have announced significant progress in negotiations with Morocco regarding customs operations at Ceuta and Melilla, marking a crucial shift in bilateral trade relations. The development comes as both nations work to establish a modernized customs framework, though the initiative has......

Morocco's Trade Strategy Takes Shape: 524 Proposals Chart Course for 2025-2026

Morocco is making significant strides in reshaping its foreign trade landscape, with 524 proposals now collected for its upcoming 2025-2026 foreign trade roadmap. Secretary of State Omar Hejira, who oversees foreign trade under the Ministry of Industry and Commerce, revealed these developments during......

Morocco Implements Protective Tariffs on Turkish Electric Oven Imports

Morocco has taken decisive action to protect its domestic manufacturing sector by imposing substantial anti-dumping duties on electric ovens imported from Turkey. The measure specifically targets non-built-in, portable ovens with a capacity of up to 70 liters, falling under tariff code 8516.60.00.11. The......