Since dethroning France, Spain has remained Morocco’s leading trading partner. According to Eurostat, the Iberian neighbor is, since 2012, the first customer and first supplier of the Kingdom.
Over the 2011-2017 period, trade between the two countries doubled: Moroccan exports to Spain rose from 3.1 billion euros to 6.35 billion euros, while Spanish exports to destination of the Kingdom amounted to 8 billion euros against 4.13 billion euros in 2011.
Last year, Moroccan exports to Spain rose by 5.4% from January to November 2018 compared to the same period of 2017, and recorded a growth of 6.5% to the European Union (EU), stresses Eurostat.
Moroccan imports of goods of Spanish origin increased by 2.6% over the year, while Moroccan imports from the EU as a whole grew by 4.4% during the same period.