FAS Online logo Return to the FAS Home page
FAS Logo II

U.S.-Moroccan Ag Trade

 
Green_Ball9353.gif (257 bytes) Primarily a bulk commodity market, U.S. agricultural exports (mostly wheat and corn) to Morocco reached $91 million in 2001.
Green_Ball9353.gif (257 bytes) Agriculture plays a major role in the Moroccan economy accounting for up to 18 percent of GDP and nearly 40 percent of employment.
Green_Ball9353.gif (257 bytes) Irrigated lands generate nearly 80 percent of Morocco’s agricultural exports.
Green_Ball9353.gif (257 bytes) Although relying heavily on imports for grain and feeds, Morocco is a net exporter of seafood, fruit (citrus) and vegetables (tomatoes and potatoes) largely to the European Union (EU).
Green_Ball9353.gif (257 bytes) On March 1, 2001, Morocco implemented a Free Trade Agreement with the EU that does present certain advantages to EU exporters in the Moroccan market.
Green_Ball9353.gif (257 bytes) Since its ratification of the WTO agreement in 1994, Morocco has taken several measures to comply with WTO requirements, starting with the elimination of import licensing and reference prices.
Green_Ball9353.gif (257 bytes) High tariffs for many products remain a significant barrier to U.S. exports.  
Green_Ball9353.gif (257 bytes) Morocco and the United States have a Trade and Investment Framework Agreement (TIFA).  Under this agreement, the U.S. government and Moroccan government officials meet regularly to discuss trade issues.  A free trade relationship with Morocco could precipitate larger trade flows as result of tariff reductions and offers opportunities for new products as well as increased U.S. market share for existing exports.  

 


Last modified: Friday, November 07, 2003