{"id":27710,"date":"2018-01-08T15:38:09","date_gmt":"2018-01-08T15:38:09","guid":{"rendered":"https:\/\/v2.ecomnewsmed.com.ecn-01.ovea.com\/2018\/01\/08\/morocco-to-strengthen-its-trading-ties-with-spain-and-france\/"},"modified":"2020-08-11T11:30:45","modified_gmt":"2020-08-11T09:30:45","slug":"morocco-to-strengthen-its-trading-ties-with-spain-and-france","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2018\/01\/08\/morocco-to-strengthen-its-trading-ties-with-spain-and-france\/","title":{"rendered":"Morocco to strengthen its trading ties with Spain and France"},"content":"\nIn the long list of Morocco\u2019s trading partners, Spain stood at the top in 2016 with a turnover worth 10, 6 billion dollars, a 13, 9 % increase comparing to the 9,3 billions dollars of 2015.\nFurthermore, Morocco\u2019s imports from Spain rose from 4, 4 billion dollars to 6, 2 billion dollars, while exports\u00a0hit a significant progression from 4, 2 billion dollars to 5, 1 billion dollars, a 21,4 % increase.\nAs for France, this had been Kingdom\u2019s first partner during many during many years, it ranked second in 2016 with a trade volume of 9, 5 billion dollars instead of 8, 4 billion dollars in 2015. However, a progression of 13 % was registered in the bilateral exchanges of goods and services.\nAmong Morocco\u2019s top exports fields in 2016, the automotive sector were the most important with almost 3 billion dollars, followed by insulated wire with 2,5 billion dollars and mixed mineral or chemical fertilizers with 1, 83 billion dollars.\u00a0\nWith a total value of exports worth 22, 6 billion dollars in 2016, the country is at the 51st position in the global exporters ranking.\nDiscover out our latest videos about the economic news in Morocco:\n\n\u00a0\n\n","author":78,"featured_media":3406,"comment_status":"open","ping_status":"open","template":"","tags":[5754,5761,5751,5753,2961,5760,5750,5762],"location":[5525],"class_list":["post-27710","news","type-news","status-publish","has-post-thumbnail","hentry","tag-business","tag-decision-makers","tag-economy","tag-entrepriseslife","tag-institutions","tag-mediterranean-exchanges","tag-news","tag-trending","location-morocco"],"short_url":"","have_related_news":null,"chapo":"According to the foreign exchange regulatory authority, Spain and France were the leading trade partners of Morocco in 2016 with a global turnover worth around 20 billion dollars.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/maroc-espagne.jpg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/maroc-espagne.jpg 550w","sizes":"550px","alt":"Morocco to strengthen its trading ties with Spain and France 1","width":550,"height":360,"ratio":0.68,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/maroc-espagne.jpg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/maroc-espagne.jpg 1170w","sizes":"1170px","alt":"Morocco to strengthen its trading ties with Spain and France 1","width":1170,"height":658,"ratio":0.68,"credit_photo":""},"acf":[],"yoast_head":"\nMorocco to strengthen its trading ties with Spain and France - 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