ANSAmed
Morocco was the largest fruit and vegetable exporter towards Spain in 2017, the association of Spanish agricultural producers said Tuesday.
Last year Moroccan fruit and vegetable exports to Spain grew by 36% over 2016, reaching a value of 462 million euros. And the sector is to get new impetus following the recent approval by the World Bank of a 200 million dollar loan to strengthen the agrifood value chain.
The sector currently accounts for 15% of the country’s GDP. The loan will also help promote greater inclusion of small and medium-sized enterprises. “With the sector dominated by small enterprises and cooperatives, the program intends to better include small and medium producers in a demanding and fast growing agri-food market,” said Marie Francoise Marie-Nelly, director of the World Bank Operations for the Maghreb and Malta.
