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US-rade-Mission-to-Visit-Morocco-to-Strengthen-Agri-Food-Export-Opportunities

US Trade Mission to Visit Morocco to Strengthen Agri-Food Export Opportunities

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US Trade Mission to Visit Morocco to Strengthen Agri-Food Export Opportunities

by Giezel Garcia
03/24/2025
in Trade Agreements

A U.S. trade mission is scheduled to visit Morocco in May to explore opportunities for expanding agri-food exports and enhancing economic cooperation between the two countries.

Morocco’s Ambassador to the U.S., Youssef Amrani, announced the initiative, stating that the mission will include representatives from over 15 U.S. states and federal agencies. The visit is aimed at strengthening trade and investment ties in the agri-food sector.

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The agri-food industry plays a significant role in Morocco’s economy, generating over $17 billion in annual revenue and providing employment to more than 161,000 people, according to government data. The country’s Ministry of Industry reports that the sector employs 21% of the industrial workforce and contributes 24% to industrial added value while accounting for 23% of total industry turnover.

Morocco and the U.S. have maintained a strong economic relationship, including in agriculture. The two countries signed a Free Trade Agreement (FTA) on June 15, 2004, which came into effect on January 1, 2006. Since then, trade between the two nations has expanded, with U.S. goods exports to Morocco reaching $5.3 billion in 2024, marking a 37.3% increase from the previous year. Meanwhile, U.S. imports from Morocco stood at $1.9 billion, reflecting a 12.3% rise compared to 2023.

The upcoming trade mission is expected to focus on further enhancing economic collaboration and identifying new opportunities in Morocco’s growing agri-food sector.

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#USTradeMission #MoroccoTrade #AgriFoodExports #GlobalTrade #MarketExpansion #TradeOpportunities #USMoroccoRelations




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