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India - Morocco Business and Cultural Council

Morocco, located in North Africa, is known for its diverse landscapes, including mountains, deserts, and coastline. Its rich history features a blend of Berber, Arab, and European influences, with vibrant cities like Marrakech and cultural heritage sites.

Ambassador and Consul General

The Ambassador of the Kingdom of Morocco, Mr. Mohamed Maliki has accepted the Honorary Membership of Global India Business Forum. in the presence of Global President of GIBF, Dr. Jitendra Joshi and Co-Founder & Director - Global Operations, Deepali Gadkari also explained activities of GIBF to support MSME sector globally. Realizing the strengths of Global India Business Forum and the Consulate of the Kingdom of Morocco and conscious of the benefits to be derived by both organizations and its members through this mutual understanding, both parties will be associated with each other in mutual cooperation to facilitate mutual investment, trade and economic cooperation complimented by knowledge sharing, training, certification and networking.

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Mixed Mineral or Chemical Fertilizers,Cars,Insulated Wire,Phosphoric Acid,Calcium Phosphates

Refined Petroleum, Wheat, Petroleum Gas, Coal Briquettes, Cars.

About Morocco

ABOUT Morocco

Morocco officially the Kingdom of Morocco, is a country located in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to the east and the disputed territory of Western Sahara to the south. The capital is Rabat and the largest city is Casablanca.Morocco's economy is considered a relatively liberal economy governed by the law of supply and demand. Since 1993, the country has followed a policy of privatisation of certain economic sectors which used to be in the hands of the government. Morocco has become a major player in African economic affairs, and is the fifth largest economy in Africa by GDP (PPP).Tourism is one of the most important sectors in Moroccan economy. It is well developed with a strong tourist industry focused on the country's coast, culture, and history. Morocco attracted more than 13 million tourists in 2019. Tourism is the second largest foreign exchange earner in Morocco after the phosphate industry.

Business Opportunities in Morocco

BUSINESS OPPORTUNITIES IN Morocco

Morocco is not only a favoured destination for tourists and travellers but also an attractive country for foreign investors. Both local and foreign investors are increasingly exploring new business opportunities in Morocco. Being an important player in the EMEA region and featuring high economic growth in recent years, Morocco is now considered a fresh market for new projects and investments. Business Ideas and Opportunities in Morocco Diesel supply. The oil and gas industry is one of the most lucrative zones in the world. In Morocco, it adds to the country’s economic output, making it extremely important in aiding economic development in the nation. While this industry remains a great source of revenue for the country, a few individuals are taking advantage of it to create fascinating businesses such as Hotel Business. There is real money in hotel and hospitality industry and you can become part of it starting from today. For a small starter, your hotels don’t have to be big, just something small in form of a mini lodge, beer parlour, and small restaurant. entrants.

Exports and Imports In Morocco

Overview In 2022, Morocco was the number 59 economy in the world in terms of GDP (current US$), the number 63 in total exports, the number 52 in total imports, the number 127 economy in terms of GDP per capita (current US$) and the number 80 most complex economy according to the Economic Complexity Index (ECI).

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Top Exports of Morocco

The top exports of Morocco are Mixed Mineral or Chemical Fertilizers ($7.06B), Cars ($6.1B), Insulated Wire ($4.21B), Phosphoric Acid ($2.29B), and Calcium Phosphates ($1.81B), exporting mostly to Spain ($8.55B), France ($7.92B), India ($2.99B), Italy ($2.2B), and Brazil ($1.96B).
In 2022, Morocco was the world's biggest exporter of Phosphoric Acid ($2.29B), Calcium Phosphates ($1.81B), Phosphatic Fertilizers ($832M), and Legumes ($259M).

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Top Imports of Morocco

The top imports of Morocco are Refined Petroleum ($8.59B), Wheat ($2.32B), Petroleum Gas ($2.12B), Coal Briquettes ($2.07B), and Cars ($1.98B), importing mostly from Spain ($12.1B), France ($6.7B), China ($6.67B), United States ($4.34B), and Saudi Arabia ($4.18B).
In 2022, Morocco was the world's biggest importer of Artificial Filament Yarn Woven Fabric ($91.7M).

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