Economy of Morocco (2017)
|
GDP (billion USD)
|
110,8
|
Inflation rate (%)
|
0,8
|
|
GDP growth rate (%)
|
4.4
|
Unemployment rate (%)
|
9,8
|
|
Population (million)
|
35,7
|
Export (fob-billion USD)
|
20,9
|
|
Population growth rate (%)
|
0,95
|
Import (cif-billion USD)
|
38,9
|
|
GDP per capita (USD)
|
3,103
|
|
|
Resource: Turkish Embassy in Morocco
Main trade partners:
Spain, France, Brazil, China
Main export items
: Electrical and electronic equipment, vehicles, jewelry and accessory
Main import items:
Oil, electrical and electronic equipment, machinery
Bilateral Trade Statistics:
|
Years
|
|
|
|
2014
|
2015
|
2016
|
2017
|
2018
|
|
Export
|
|
|
|
1.407
|
1.338
|
1.470
|
1.661
|
1.990
|
|
Import
|
|
|
|
640
|
711
|
918
|
924
|
715
|
|
Volume
|
|
|
|
2.047
|
2.048
|
2.388
|
2.585
|
2.705
|
|
Balance
|
|
|
|
767
|
627
|
552
|
737
|
1.275
|
Resource:
TUİK (million USD)
Main export items of Türkiye:
Iron and steel, textile products, vehicles
Main import items of Türkiye:
Vehicles, gold, gold plating, silver and base metal, inorganic chemicals,
rare elements composites
Number of Moroccan visitors:
114.155 (2017)
Bilateral Cooperation Mechanisms:
- Joint Economic Commission Meetings: Turkish-Moroccan 9 th Joint Economic Commission was held on 2-3 March 2011, in
Rabat.
- Joint Committee Meetings:
Last meeting of the Joint Committee was held in May 2009.
- Business Council:
Last meeting of the Turkish-Moroccan Business Council was held on 3-4 May
2012 in İstanbul, with the participation of 140 Turkish and 31 Moroccan
firms.
- Business Forum:
Last meeting of the Business Forum was held on 3 July 2013 in Rabat with
also the participation of the Prime Minister of Türkiye.