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Istanbul Africa Trade Company

Country Profiles

Morocco

The Kingdom of Morocco is located in the North West Africa and it is bordered by Algeria. Morocco’s population is 36 million and its GDP is $109 Billion. Morocco is a member of the Arab League, the Union for the Mediterranean and the African Union.

Morocco gained independence from France and Spain in 1956. The official language of Morocco is Arabic and French is a widely spoken foreign language. Its capital city is Rabat and Casablanca is the largest city. Morocco has political conflicts in Western Sahara region and it occupies 70% of lands in Western Sahara. 

Morocco’s main trade partners are Spain and France. Almost 40% of the trade volume is with these two counties. Turkey is an important player in Morocco’s trade and it makes up 4% of the total trade volume both in exports and imports. Many European companies have foreign direct investment in Morocco in the textiles and automotive sector. The country has well diversified exports and imports in every sector.

Turkey and Morocco have historical relations since Otoman Empire. Morocco and Turkey have free trade agreement since 2006, which helps Turkish companies to export their products without tariffs. There are many Turkish companies that invested in Morocco and they also formed Turkish-Moroccon Businessmen Association (TUFIAD). Most of the Turkish exports concentrate in the automotive industry, such as cars, engines, iron blocs and trucks.

Below, you can see the fact sheet, macroeconomic outlook and trade relations of Morocco with Turkey.

Four charts for Morocco. Population rises from about 28 million in 2000 to 36 million in 2017. GDP grows from about US$39 billion to US$110 billion. Total imports stay above exports throughout, about US$38 billion against US$25 billion at the end of the period. Imports from Turkey rise to about US$1.65 billion, consistently above exports to Turkey at about US$0.95 billion. Turkey's exports to Morocco in 2008 and 2017: a pie chart splitting the ten largest product groups from all others, the total value of exports, and a table naming those ten products with each one's share. The same figures are listed as a table further down this page.
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Country at a glance

Capital city
Rabat
Official language
Arabic
Population
36 million
GDP
$109 billion
GDP per capita
$3,007
Human Development Index
0.667
Top 3 import partners
Spain, France, China
Top 3 export partners
Spain, France, Germany
Top 3 import products
Refined Petroleum, Cars, Wheat
Top 3 export products
Cars, Fertilizers, Insulated Wire
Trade balance
-$12.5B in net imports

Source: Istanbul Africa Trade Company, Africa Economic Report (2019). Figures as published, reflecting data to 2017.

Turkey's exports to this market

Source: Istanbul Africa Trade Company, Africa Economic Report. Figures as published.

2008

$1,096 million

Top 10 products account for 56.9% of the total.

2008
ProductShare of total
Semi-Finished Iron24.7%
Iron Blocks9.2%
Cars4.3%
Heavy Pure Woven Cotton4%
Light Rubberized Knitted Fabric3.2%
Raw Iron Bars3.1%
Industrial Furnaces2.2%
Light Pure Woven Cotton2.2%
Tractors2.1%
Refrigerators1.9%

2017

$1,646 million

Top 10 products account for 36.6% of the total.

2017
ProductShare of total
Cars9.7%
Spark-Ignition Engines5%
Iron Blocks4%
Delivery Trucks3.2%
Jewellery3.1%
Heavy Pure Woven Cotton2.5%
Vehicle Parts2.5%
Refrigerators2.5%
Hand-Woven Rugs2%
Rubber Tires2%

Frequently asked questions

Morocco: what does Turkey export there?
In 2017, Turkey's exports to this market were valued at $1,646 million. The ten largest product groups made up 36.6% of that total, led by Cars; Spark-Ignition Engines; Iron Blocks.
Morocco: who are its main trading partners?
The three largest import partners are Spain, France, China. The three largest export partners are Spain, France, Germany.
Morocco: what does the country import?
The three largest import products are Refined Petroleum; Cars; Wheat. The three largest export products are Cars; Fertilizers; Insulated Wire.
Morocco: how big is the economy?
Population 36 million, GDP $109 billion, and $3,007 per person. The Human Development Index is 0.667.
Morocco: does it run a trade surplus or a deficit?
The trade balance is -$12.5B in net imports.

Related reading

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Morocco Turkey trade relations have experienced significant growth in recent years, shedding light on a vibrant exchange landscape between the two...

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Reviewed by Burak Unal, Director of African Markets

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