Readers ask: What Are The Major Exports Of Morocco?

What are Morocco’s main imports?

Imports: The top imports of Morocco are Refined Petroleum ($4.56B), Cars ($2.05B), Vehicle Parts ($1.31B), Petroleum Gas ($1.28B), and Coal Briquettes ($1.1B), importing mostly from Spain ($9.28B), France ($5.42B), China ($4.47B), United States ($3.47B), and Germany ($2.57B).

What are major exports?

Currently the top thirty exports are listed. Exports of the United States.

# Product Value
1 Planes, helicopters, and spacecraft 59,200
2 Refined petroleum 57,300
3 Cars 55,100
4 Integrated circuits 38,300

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What countries do Morocco export to?

In 2018, Morocco major trading partner countries for exports were Spain, France, United States, Italy and India and for imports they were Spain, France, China, United States and Italy.

What does Morocco export to USA?

The major U.S. imports from Morocco include salt, sulfur, electrical equipment, fertilizers, woven apparel and agricultural products such as olive oil and processed fruits and vegetables.

What is Morocco’s main source of income?

The major resources of the Moroccan economy are agriculture, phosphate minerals, and tourism. Sales of fish and seafood are important as well. Industry and mining contribute about one-third of the annual GDP.

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Is Morocco a poor country?

The living standards in Morocco is rated as low. It is by international standards that Morocco is considered a poor country. Out of the 35.2 million population of the country in 2018, some of them are poor and at risk of poverty. It is ranked as the fourth most impoverished country in the Arab world in 2013.

What is America’s number 1 export?

Searchable List of America’s Most Valuable Export Products

Rank US Export Product 2020 Value (US$)
1 Processed petroleum oils $60,709,450,000
2 Crude oil $50,285,962,000
3 Cars $45,642,596,000
4 Integrated circuits/microassemblies $44,212,664,000

What is America’s biggest import?

What Are the Major U.S. Imports?

  • Machinery (including computers and hardware) – $386.4 billion.
  • Electrical machinery – $367.1 billion.
  • Vehicles and automobiles – $306.7 billion.
  • Minerals, fuels, and oil – $241.4 billion.
  • Pharmaceuticals – $116.3 billion.
  • Medical equipment and supplies – $93.4 billion.

What is America’s greatest export?

These are the top US exports

  • Top U.S. goods exports.
  • Food, beverage and feed: $133 billion.
  • Crude oil, fuel and other petroleum products: $109 billion.
  • Civilian aircraft and aircraft engines: $99 billion.
  • Auto parts, engines and car tires: $86 billion.
  • Industrial machines: $57 billion.
  • Passenger cars: $53 billion.
  • Pharmaceuticals: $51 billion.

Does Morocco import more than exports?

According to WTO data, in 2019, Morocco exported 29.1 billion USD worth of goods, recording an increase of 1.8%; whereas the valeu of its imports at USD 50.7 billion, 0.6% less than the previous year. Morocco is a net exporter of services, with USD 18.7 billion of exports against USD 9.2 billion of imports.

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Is Morocco a rich country?

Rabat – Morocco has been ranked among the world’s poorest countries in Global Finance Magazine’s index of the World’s Richest Countries. Based on data from the International Monetary Fund (IMF), Global Finance Magazine ranked Morocco 119th out of 174 in its list of the World’s Richest Countries.

Does Morocco have oil?

Oil Reserves in Morocco Morocco holds 684,000 barrels of proven oil reserves as of 2016, ranking 97th in the world and accounting for about 0.000% of the world’s total oil reserves of 1,650,585,140,000 barrels.

Who does Morocco trade with the most?

Morocco’s main trade partners are Spain (24.1%) and France (21.6%), followed by Italy (4.7%), the United States (4%), and Germany (3.2%).

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