Export Impact For Good

 
Countries / Territories

  •  
    MOROCCO
     


    Development challenges
    Key trade issues
    Government priorities
    EnACT in Morocco
     

    VIEW PRESENTATION :
     
    De l'action commerciale
    (FRENCH)


     

    Overview

    With a GDP of around USD 73.28 bn in 2007, the Moroccan economy is the sixth economy in the region after Saudi Arabia, United Arab Emirates, Algeria, Egypt and Kuwait. It population of 30.86 million is enjoying a per capita income (GNI, Atlas Method) of USD 2,250.


     

    Disclaimer:The boundaries and names shown and the designations used in this map do not imply official endorsement or acceptance by the International Trade Centre UNCTAD/WTO

    Development Challenges

    Following a period of low annual growth in the 1990s, prudent macroeconomic policy prompted manageable fiscal and external deficits, curtailed inflation, and helped maintain economic stability, so that growth has averaged 4.9 percent in the 2000s, while inflation has remained at international levels. However, after having witnessed an economic growth of 8 per cent in 2007, the GDP increased only by 2.3 per cent during 2007.
     

    Key Trade Issues

    Similar to Egypt, Morocco runs a structural trade balance deficit, with exports covering only 47 per cent of imports in 2007. Since 2000, the merchandise trade deficit has been tripled in local currency terms. Trade promotion is a priority of the Moroccan authorities. A national export strategy is under development in compliment of other strategic sector studies undertaken in the country targeting agriculture, fishery, handicraft and industry (Plan Emergence, etc. ). 

     

     Morocco still faces a number of other challenges:

     

    • high unemployment;
    • high incidence of poverty;
    • volatility of agricultural production due to climatic factors and limited access to water;
    • need to further improve enrolment and retention rates in education and training, and adapt them to the needs of a market economy.
       

    GovernmentPriorities

    In discussions with ITC, the Government has identified the following priority fields of intervention for trade related technical assistance:

    • trade information; both for trade policy and export strategy purposes (an 'Observatoire de veille économique' would be set up) and for the operational needs of enterprises and TSIs;
    • fine-tuning of sectoral and some cross-sectoral trade development strategies, as well as support with bringing coherence and completeness to a national export strategy combining the former and reflecting overall development goals;
    • fine-tuning of the trade support institution set-up, including upgrading of CMPE (now suffering from undue focus on organising trade fair participation and the like, to the detriment of wider trade support services, including trade information);
    • capacity building for enterprises (export skills for managers) and TSIs, including in specific fields like quality (awareness raising and skills transfer for quality management) and product presentation (design, packaging, etc.); and
    • hands-on exposure to external markets, business-to-business meetings etc. (including, e.g., how to prepare, conduct and follow up meetings with foreign clients, participation in trade fairs, etc.).
       

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