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Reviewing Agricultural Trade Policies

To Promote Intra-OIC Agricultural Trade

92

4.2. Morocco

Morocco is a lower middle income country with a GDP of 109.8 billion USD and 3,041 USD per

capita income in 2017. Morocco ranks 58

th

in GDP (PPP) and ranks 69

th

in real growth rate

among a total of 230 countries. The average rate of economic growth in Morocco between 2010

and 2016 has been 2.2%. In 2016, Morocco’s economic growth rate has been -0.2%, inflation

rate has been 2.2% and unemployment rate has been 9.3%.

Morocco has a large agricultural sector with a 37.7% employment share of the country’s

working population in 2016. Agricultural sector accounts for 12% of the country’s GDP with a

value of 12.5 billion USD. A world leader in export of capers, green beans and argan oil; and

among the leading exporters of preserved oils, clementines and tomatoes, Morocco is the 4th

largest exporter of agri-food products in Africa. As of 2016, agricultural products exports are

21.9% of countries total exports.

Table 4. 15 Share of Agriculture in GDP, Employment and Trade, Morocco

Year

% share in GDP

% share in

employment

% share in

exports

% share in

imports

2008

12.0

41.0

21.4

13.6

2009

13.0

40.5

26.5

13.5

2010

12.9

40.2

22.5

14.8

2011

13.1

39.8

19.3

15.3

2012

12.3

39.2

18.6

14.8

2013

13.4

38.1

19.7

13.3

2014

11.7

37.3

20.5

14.4

2015

12.8

38.6

20.7

11.8

2016

12.0

37.7

20.6

12.2

Source: CEPII BACI, Eurostat RAMON, World Bank, UN Comtrade, UN Trade Statistics, and authors’

calculations

Figure 4. 13 Agricultural Exports and Imports, Billion USD, Morocco

Source: CEPII BACI, Eurostat RAMON, UN Comtrade, UN Trade Statistics, and authors’ calculations

Within subgroups of agricultural products,

Exports of agri-food products were 3.6 billion USD and imports of agri-food products

were 4.6 billion USD with a trade deficit of 0.9 billion USD in 2016.

Exports of agricultural raw materials were 0.0 billion USD and imports of agricultural

raw materials were 0.3 billion USD with a trade deficit of 0.3 billion USD in 2016.

Exports of fish products were 2.0 billion USD and imports of fish products were 0.2

billion USD with a trade surplus of 1.8 billion USD in 2016 (see Figure 4.14).

4.1

3.7

3.8

4.0

3.8

4.4

4.8

5.6

5.7

4.2

3.3

4.0

5.3

5.1

4.8

5.2

4.3

5.0

2008

2009

2010

2011

2012

2013

2014

2015

2016

Agircultural export

Agircultural import