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Economy, Foreign Trade

Moroccans, manufactured goods, remittances, Libya, foreign exchange

Morocco’s leading exports are phosphates and phosphoric acid. Other exports include citrus fruit, wheat, fish, and minerals. Exports in 2000 earned $7.4 billion. Imports were valued at $11.5 billion. Imports typically consist of industrial equipment, food products, manufactured goods, and fuels. The principal purchasers of Morocco’s exports are France, Spain, Japan, India, Italy, the United States, and Libya; chief sources of imports are France, Spain, the United States, Germany, Saudi Arabia, and Brazil. Morocco gains much foreign exchange from remittances by Moroccans working abroad and from the expenditures of the large number of tourists who visit the country each year.



Article key phrases:

Moroccans, manufactured goods, remittances, Libya, foreign exchange, phosphoric acid, industrial equipment, Saudi Arabia, wheat, Spain, expenditures, phosphates, Japan, food products, France, fish, Italy, Germany, India, United States

 
 

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