Trade between Morocco and the EU grew by 7% in 2024 to 60 billion euros,the highest level since the two parties signed an association agreement 25 years ago.
According to data released by the EU commission on the occasion of its participation in the agricultural fair SIAM,the EU remains Morocco’s main supplier,covering nearly half imports.
Morocco stands as the first trading partner for the EU in the southern Mediterranean,the EU Commission said.
Agricultural products accounted for 12% of overall trade,at a value of 7 billion euros.
Morocco’s fresh produce exports to the EU market have more than tripled since the two parties signed an agricultural deal in 2012,to stand at 3.4 billion euros in 2024,or 14% of Moroccan sales to the EU.
The EU’s agricultural exports to Morocco grew to 3.6 billion euros,representing 10% of its exports.
Tomatoes represented 29% of Moroccan agricultural exports to the EU,while wheat represented 22% of Morocco’s agricultural imports from the EU.
United News - unews.co.za