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Spain's economy depends on Morocco trade
The article concerns the economic relations between Spain and Morocco, revealing that bilateral trade exceeds 22.5 billion euros annually, with a surplus of over 3 billion euros in favor of Spain. Morocco is Spain's primary supplier of non-European agricultural products, with its imports from Morocco reaching approximately 950 million euros in the first half of 2026, despite a 7% decline in quantities. Conversely, Spain exports products to Morocco valued at over 12 billion euros, and more than 350 Spanish companies operate in Morocco across sectors such as energy, infrastructure, and transportation. The two countries are expanding their partnership through large infrastructure projects like interconnected train systems and the Casablanca water desalination plant, with Spanish investments totaling around 2 billion euros and creating thousands of jobs. Significant economic opportunities are also emerging through the joint organization of the 2030 World Cup, with Spain's investments in Morocco estimated at about 45 billion euros by 2050, alongside strengthened cooperation in transport, energy, and technology sectors. Morocco is committed to further expanding its trade and investment relations with Spain.
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