Xinhuanet
Source: Xinhua
Spain remained Morocco’s top trading partner in 2016, an official report said Saturday.
According to a report from Morocco’s foreign exchange regulator, the trade turnover between the two neighbours reached 10.6 billion U.S. dollars in 2016, up from 9.3 billion dollars in 2015.
Between 2015 and 2016, Morocco’s imports from Spain rose from 4.4 billion dollars to 6.2 billion dollars, while its exports to the country jumped from 4.2 billion dollars to 5.1 billion dollars.
France, which had long been the largest trading partner of Morocco, ranked second in 2016 with 9.5 billion dollars in trade volume, after it registered 8.4 billion dollars in 2015.
Morocco’s major suppliers still include China and Italy.
