The contribution to GDP by agriculture has declined a total of 1-2% in the last decade, as other sectors expand quickly. While low levels of aggregation, irrigation and mechanisation remain an obstacle, there is considerable room for growth given a temperate climate, available agricultural land and large workforce.
With abundant maritime resources, more than 1800 km of coastline and a strong national fleet, Moroccan fisheries have considerable economic potential. The sector currently represents between 2% and 3% of GDP, and annual turnover neared Dh9bn (€800m) in 2012. The government has launched a development programme, Plan Halieutis, that aims to boost...
Of the crops set to be developed under the national agricultural strategy, Green Morocco Plan (Plan Maroc Vert, PMV), fruit and vegetables offer considerable opportunities for growth. In 2011, the cultivation of garden vegetables such as cucumbers, onions and tomatoes accounted for 3% of agricultural land, and yet they provide roughly 13% of sector...
Located in the westernmost region of North Africa, Morocco has an impressively diversified economy and in recent years has benefited from steady growth. The country has strong trade links with the EU and has a young population – with the median age of its roughly 32m people at 27.3 years – which in turn provides the country with a large supply of available and comparatively skilled labour.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×