Evaluating the market in Morocco

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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.

Read the latest Government of Canada travel advisory for this market.

Business environment in Morocco

Canada has an established trade relationship with Morocco. In 2020, Morocco normalized its relations with Israel. Morocco is an important market in terms of opportunities relative to other North African markets. The country is seen as a gateway to Africa, which has developed an environment for trade and investments, mostly in the western part of the continent. But Morocco’s economy is highly dependent on the performance of the agricultural sector (12% of gross domestic product (GDP) and 30% of the population), so on climate and water availability, as well as on demand from European Union, Morocco suffers significant social and regional disparities, recurrent discontent in certain regions and a high unemployment rate, especially among young people.


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Date modified: 2023-08-08