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Spain, Morocco’s Main Trading Partner in 2016

For the fourth year in a row, Spain stands as the main trading partner for Morocco in 2016, Morocco’s statistics office said. Spain stands as Morocco’s main trading partner taking 23.3% of the total Moroccan exports and providing 15.7% of its imports in 2016, the same source added. The EU as a whole took 46% […]

Morocco: Consumer Boycott Costs Centrale Danone 150 mln DH in Losses

Moroccan subsidiary of French diary company Centrale Danone has announced heavy losses estimated at 150 million Dirham for the first half of the year due to a continuing consumer boycott. The boycott was launched on April 20 and caused the company to suffer a steep deficit after posting 56 million Dirham profits the same period […]

Morocco’s automotive sector set to make up for coronavirus losses

The outbreak of the coronavirus has crippled the global supply chain for the automotive sector which, coupled with a demand crisis, has triggered a lethargy in the car industry fabric globally with Morocco being no exception. Morocco has made the automotive sector a pillar of its industrial strategy attracting large-scale investments by world giants such […]