Moroccan-French Trade Stands at 110 Billion Dirhams

Moroccan-French Trade Stands at 110 Billion Dirhams

Trade between Morocco and France grew by an annual average rate of 5.8% between 2010 and 2017, standing at 109.3 billion dirhams, Morocco’s finance ministry said in its statistics.

Between 2016 and 2017, trade between the two countries expanded by 6% as Moroccan exported 56.8 billion dirhams to France and imported 51.9 billion dirhams.

France took 22% of Moroccan exports becoming the kingdom’s second trading partner after Spain. In turn, Morocco imported 11.9% of its needs from France.

Morocco is France’s 22nd largest supplier and 23rd largest customer.

The automotive sector topped Morocco’s exports to France as the Kingdom is home to two plants of French car manufacturers Renault and Peugeot.

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