Wednesday, April 20, 2016

Economics

The Economy of Morocco is based on supply and demand. Its the 5th strongest GDP economy in Africa and is the strongest in north Africa. More then half of the GDP is made from services like mining and manufacturing. Another big piece of Moroccan government is tourism. France and morocco are trade partners and France is Morocco's foreign investor also. Morocco's government does have issues at the moment with petroleum Import prices being very high and they are in a 20 billion dollar dept.



 According to the World Factbook.

clothing and textiles, automobiles, electric components, inorganic chemicals, transistors, crude minerals, fertilizers (including phosphates), petroleum products, citrus fruits, vegetables, fish

Spain 22%, France 20.7%, Brazil 4.6%, Italy 4.3% (2014)

$37.32 billion (2015 est.)
$46.16 billion (2014 est.)
country comparison to the world: 57

crude petroleum, textile fabric, telecommunications equipment, wheat, gas and electricity, transistors, plastics

Spain 13.4%, France 13.3%, China 7.6%, US 7%, Saudi Arabia 5.4%, Germany 5.2%, Italy 5%, Russia 4.3% (2014)




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