Economy
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Foreign trade
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The Ministry is in charge of:
• Elaborating legislative and statutory draft texts related to foreign trade, especially those susceptible to stimulate trade expansion abroad;
• Coordinating and implementing the government's policy in economic protection and the quota policy of the national production, notably as far as protecting the agricultural sector's products is concerned ;
• Coordinating and implementing the government's policy in economic protection and the quota policy of the national production, notably as far as protecting the agricultural sector's products is concerned ;
• Coordinating public bodies' actions in terms of promoting foreign trade and supporting private firms' actions whenever need be;
• Contributing to the preparation and running of regional multilateral or bilateral international trade and economic negotiations. To this end, it contributes, along with the Ministry of Foreign Affairs, to the coordination of the Kingdom's stand in these negotiations;
• Make sure the obligatory norms and other technical measures applied to imports and exports do not conflict with international regulations and disciplines;
• contributing to the elaboration of any measure or decision having direct or indirect effects on the international trade and economic relations as well as on the competivity of the economy, especially as far as goods and services export tenders, foreign trade financing and exchange rate are concerned.
The official website of the Ministry of Foreign Trade:
MONTHLY MANAGEMENT CHART
OVERALL
MAD billions (Temporary figures) |
||||||
|
Jan.-Apr. 04 |
Jan.-Apr. 05 |
2005/04 |
|
|
|
Imports |
50,6 |
54,7 |
8% |
|
|
|
Exports |
29,5 |
27,2 |
-8% |
|
|
|
Deficit |
21,1 |
27,5 |
30% |
|
|
|
Cover Ratio |
58% |
50% |
-8Pts |
|
|
|
SHARE OF THE MAJOR PRODUCTS EXCHANGED
Exported |
% |
Exported |
% |
Industrial capital goods |
13 |
Clothing items |
29 |
Crude oil |
12 |
Phosphate and by-products |
17 |
Textile: thread and fabrics |
6 |
Electronic components |
6 |
Gas and fuel |
4 |
Sea products |
5 |
Miscellaneous equipment |
4 |
Wires, electric cables and wiring harnesses |
4 |
Chemical products |
4 |
Animal canned food |
4 |
Miscellaneous food products |
4 |
Citrus fruits |
3 |
Cereals |
4 |
Metalliferous ore and metals |
3 |
Steel |
3 |
Canned plant products |
2 |
Plastics |
3 |
Shoes |
2 |
Radio and TV receivers |
3 |
Early fruit and vegetables |
2 |
Electrical devices |
3 |
Sheet metal |
1 |
Private cars |
2 |
Scrap iron |
1 |
SHARE OF LARGE AREAS IN TRADE EXCHANGE*
|
Imports % |
Exports % |
Europe |
63 |
79 |
Including : 25 members-EU |
51 |
75 |
Asia |
21 |
10 |
America |
10 |
5 |
Africa |
6 |
5 |
Including:U.M.A(Union of Arab Maghreb) |
2 |
1 |
Arab countries |
10 |
3 |
Including : G C C |
7 |
1 |
* Oceania's share is insignificant
SHARE OF MAJOR TRADE PARTNERS
Suppliers |
% |
Clients |
En % |
France |
19 |
France |
33 |
Spain |
10 |
Spain |
19 |
Saudi Arabia |
6 |
United Kingdom |
7 |
Italy |
6 |
Italy |
5 |
Russia |
6 |
India |
4 |
U.S.A. |
5 |
Germany |
3 |
China |
5 |
Netherlands |
3 |
Germany |
5 |
B.L.E.U |
3 |
United Kingdom |
2 |
Brazil |
2 |
.
