Morocco

Names: conventional long form: Kingdom of Morocco conventional short form: Morocco local long form: Al Mamlakah al Maghribiyah local short form: Al Maghrib

Capital City: Rabat

Population: 33,241,259 (July 2006 est.)

GDP Per Capita: $4,400 (2006 est.)

Currency: Moroccan dirham (MAD)

Languages: Arabic (official), Berber dialects, French often the language of business, government, and diplomacy

Total Area: total: 446,550 sq km land: 446,300 sq km water: 250 sq km slightly larger than California

Region: Africa

Industries: phosphate rock mining and processing, food processing, leather goods, textiles, construction, tourism

Agriculture: barley, wheat, citrus, wine, vegetables, olives; livestock

Resources: phosphates, iron ore, manganese, lead, zinc, fish, salt

Labor Force: 11.25 million (2006 est.)
agriculture: 40% industry: 15% services: 45% (2003 est.)

Exports: $11.72 billion f.o.b. (2006 est.)
clothing, fish, inorganic chemicals, transistors, crude minerals, fertilizers (including phosphates), petroleum products, fruits, vegetables

Imports: $21.22 billion f.o.b. (2006 est.)
crude petroleum, textile fabric, telecommunications equipment, wheat, gas and electricity, transistors, plastics

Overview: Moroccan economic policies brought macroeconomic stability to the country in the early 1990s but have not spurred growth sufficient to reduce unemployment that nears 20% in urban areas. Poverty has increased due to the volatile nature of GDP, Morocco's continued dependence on foreign energy, and its inability to promote the growth of small and medium size enterprises. However, GDP growth rebounded to 6.7% in 2006 due to high rainfall, which resulted in a strong second harvest. Despite structural adjustment programs supported by the IMF, the World Bank, and the Paris Club, the dirham is only fully convertible for current account transactions and Morocco's financial sector is rudimentary. Moroccan authorities understand that reducing poverty and providing jobs is key to domestic security and development. In 2004, Moroccan authorities instituted measures to boost foreign direct investment and trade by signing a free trade agreement with the US, which entered into force in January 2006, and sold government shares in the state telecommunications company and in the largest state-owned bank. Long-term challenges include preparing the economy for freer trade with the US and European Union, improving education and job prospects for Morocco's youth, and raising living standards, which the government hopes to achieve by increasing tourist arrivals and boosting competitiveness in textiles.

CIA World Book

In 2007 Missouri exported $12,811,630 in goods to Morocco. This ranks Morocco 66th among the 223 international buyers of Missouri goods. Missouri exports to Morocco decreased from the previous year by $8,595,314 a change of -40.15%. State exports to Morocco have increased over the last 5 years by $10,802,952 a change of 537.81%. Missouri exports account for .10%. of all 2007 US exports to Morocco.



NAICS Industry Annual
2002 2003 2004 2005 2006 2007
000 - Total All Industries MO 2,008,678 1,709,806 4,032,817 3,617,920 21,406,944 12,811,630
000 - Total All Industries US 565,508,796 465,123,989 523,525,760 527,545,876 875,551,576 1,343,010,748
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