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EXECUTIVE SUMMARY
The kingdom of Morocco is the North African countries known as
the Maghreb - the
"Arab West". Its rich culture is a blend of Arab, Berber,
European and African
influences. The capital city is Rabat. The official language is
Arabic and various
Berber dialects are spoken. Morocco was a French protectorate
from 1912 to 1956,
when Sultan Mohammed became king. Moroccos long struggle from
France ended
in 1956. He was succeeded in 1961 by his son, Hassan II, who
ruled for 38 years and
played a prominent role in the search for peace in the Middle
East. The official
language is Arabic and various Berber dialects are spoken. When
pledging to do
something, a Moroccan Muslim says Insha Allah, or "if God wills
it." Before doing
something, a Muslim should say Bismillah, or "In the name of
God." The Moroccan
Dirham (MAD) is the currency of Morocco. There is a small but
active stock
exchange in Casablanca. The currency code for Dirhams is MAD.
The Cherifian
Anthem has been the anthem of the Kingdom of Morocco even before
the country
gained its independence in 1956. Its music was written by Lo
Morgan, and the final
Arabic lyrics by Ali Squalli Houssaini in 1970. Morocco today
remains one of only a
handful of continuously stable countries in the Middle East and
North Africa, ruled
by what many would describe as a strong and widely popular
monarchy. In after
month of Arab spring, many hoped that authoritarian regimes in
the North African
regimes in the North African state of Tunisia, Egypt, Libya,
Algeria and morocco
would be swept from power and new democratic governments would
replace them
yet the transition from the old authoritarian rule to a new
democratic order has not
been smooth.
The Moroccan economy improved in 2013, with overall growth of
4.7% supported by
good agricultural results. Indeed, agricultural value added
increased by 21%,
compared to a fall of 2.5% in non-agricultural activities.
Moroccos oil industry is an
crucial sub-sector in the economy. It has two oil refineries at
Sidi Kacem & at
Mohammedia. Morocco has an active chemical industry. The tourism
industry is
growing and brings in a large portion of the countrys foreign
exchange earnings.
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GDP in 2013 was 8.6%. This is forecast to rise by 8.1% in 2014.
The agriculture,
fishing & forestry sector employ over a 3rd of the working
population & arable land
is used for commercial farming. Growth has been volatile as a
result of recurrent
drought condition & unemployment remains high. The
construction industry is one
of the most important industries for the Moroccan economy,
accounting for 14.8%
of GDP in 2012. Growth in the residential construction market
will be supported by
number of affordable housing projects. The textile industry is
the smallest compared
to leather as contribution 15% to the national GDP. Todays
textile mills are mostly
state-owned and provide input for products destined for the
domestic market.
Leather sector is one of the traditional sectors in the Moroccan
economy. Most of
the leather industry still operates in small workshops. However,
with an increasing
international focus companies are transforming to accommodate
complexities of
international buyers. This transition is supported by the State
and the Moroccan
Federation of Leather Industries (FEDIC). Morocco entered the
21st century in
economic decline. Some progress has been achieved as the
government has
curtailed spending, increased privatization, reduced trade
barriers, and stopped
direct credit and foreign exchange allocation. Morocco trade
position should
improve as its major trade partners in Europe experience growth
& the economic
recovery in Asia. The pace of moroccos economic reform program,
however, has
been rather slow.
Morocco has the second-largest non-oil GDP in the Arab world.
The US-Morocco
Free Trade Agreement came into force on January 1, 2006. The
agreement with
Turkey for free exchange. Morocco is currently our 69th largest
goods trading
partner with $3.3 billion in total goods trade during 2013.
Goods exports totalled
$2.3 billion. Totalled goods imports $977 million. In recent
years, Morocco has
reduced its dependence on phosphate exports, emerging as an
exporter of
manufactured and agricultural products, and as a growing tourism
destination.
Morocco was the United States' 80th largest supplier of goods
imports in 2013. The
five largest import categories in 2013 were: Fertilizers ($255
million), Salt, Sulfur,
Earth and Stone ($232 million), Electrical Machinery ($114
million), Woven Apparel
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($90 million), and Prepared Meat, Fish, Etc ($43 million). The
top export categories
(2-digit HS) in 2013 were: Mineral Fuel ($1.1 billion), Aircraft
($225 million), Food
Waste (soybean residues) ($165 million), Machinery ($147
million), and Dairy, Eggs,
Honey, ETC. ($119 million). Import of goods was going up 37.13%
during the year
2009 to 2013. export of goods was 21822 million USD in 2013 that
was increased by
1.89% from 2012 and up 55.27% from 2009. Import of services was
decreased by -
1% from 2012 and up 22.75% from 2009. Export of services was
increased by 100
million USD and also up 10.67% from 2009. Total export of
commoditys growth was
falling down during the year 2010-2011 to 2013-2014. Total
export to countrys
growth was also falling down. But share of commodity was
increasing 5.2% compare
to previous year 2012-2013, that was 4.81% of share of
commodity. Total import of
commoditys growth was falling down during the year 2010-2011 to
2013-2014, that
was 23.27% to -2.24. Total import to countrys growth rate was
also falling down,
that was -32.84% in 2013-2014.
Morocco has overall export is Rs. 21,417(in US $). And import
will be 44,790 (in US $). Export
is less and import will more. Trade between India 1,161. There
is no direct fight between
India and morocco economy. Over the years, India and morocco
have enjoyed cordial and
friendly relation and bilateral trade have witness for an
significant growth of the electronic
industry.
The electronic and electrical industry in morocco is mainly
concentrated to the electronic
components, electronic distribution equipment, electrical
batteries and storage devices,
lamps and electric generators through these modern electronic
products, the increases their
production. The export development of the electronic and
electricity industry will increases
from 6,764 to 10, 507 (MAD million) in 2003 to 2006.
Morocco has increases their export and import of goods as well
as services from 2003 to
2013 i.e. goods exports to Morocco in 2013 were $2.3 billion, up
6.0%.
Morocco mainly focuses the export on the Clothing and textiles,
Transistors and Electric
components, Crude minerals and Inorganic chemicals, Petroleum
products and Fertilizers,
Vegetables, Fish and the Citrus fruits. Total export of this
commodity will be 10,298.51 in
2013-2014 and total export will be 385.61 million. Morocco was
the United States' 57th
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largest goods export market in 2013. U.S. goods exports to
Morocco in 2013 were $2.3
billion, up 6.0% ($130 million) from 2012, and up 392% from
2003.
Import of morocco is also increases from the next years
respectively by 32% in 2013. They
more emphases on the retail distribution channel and production
development for the
growth of international trade. The imports item will be
considering by morocco is mainly
Textile, Telecommunications equipment, Wheat, Gas and
electricity, Transistors and Plastics
and crude petroleum. In 2013, morocco has 80th largest supplier
of goods imported i.e. $977
million.
For countries in the developing world the electronics industry
has proven to be an important
sector when trying to diversify their export and to improve
their trade performances. This is
an industry that is classified as a dynamic sector due to it
showing high annual growth in
export value and significant increase in its share of world
trade which makes it a lucrative
industry to be part of. The Moroccan production of electronics
and electrical products is
insignificant compared to international levels. Within this
industry the most important factor
cost for Morocco is the cost of labour and the level of
productivity. Though this cost is lower
than in the north it is higher than its Asian competitors.
Bilateral trade agreement is already there in between India and
morocco country. The
relation between India and morocco go back to the 14th century
when the famous travelled
to India. A number of bilateral and international issues of
mutual interest were discussed
during the meeting. Total export of both the country will be
increased by 50% from 2008-
2013. Export growth rate will be increases maximum level i.e.
27.19 because of commercial
and cultural relation, and from 2012-13 it will be continuously
decreased.
Indias total export will be increases from 2008 to 2013 by 61%.
The major portion of
bilateral trade is made up of import of phosphates and
fertilisers by India and import of
textiles, transport equipment and machinery by Morocco. The
trade between both countries
will be grown to $1.712 billion in 2010. In 2005 it will be 50%
less than the current position.
Through the trade relation between India and morocco, they
started joint-venture in
fertilizer industry i.e. IMACID.
Total trade pickup growth level in 2012 for a number of trade
delegation from various
industry and export promotion council of India that have been
visiting morocco periodically.
For an increases the trade opportunity between both the country,
number of trade practices
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and trade promotion activity are carry out such as expositions,
buyer-seller meets, etc. are
organised. Growth rate of electronic and electric industry in
the last six years in Gujarat is
86% while, Maharashtra comes second with 24% contribution for
the country.
The government of Gujarat will announce the electronic policy
for the power and electronic
segment which helps to create an employment opportunity and it
also helpful to an
manufacturing and production activity to generate more revenue
in the economy of india.
It is an important source for create an value chain from
manufacturing industry to other
electronic sectors. The Gujarat government has encourages small
& medium enterprises and
large industries for an investing upto RS.100 crores and also to
provide subsidy of Rs. 25 lakh
for growth of electronic investment. They works for the
promotion of the electronic
industry.
There are many players involved in the electronic industry
expansion like, Shree Ram
Electronics, Shah Electronics, etc. Gujarat Electronics &
Software Industries Association is
works for the promotion of the software and also provides the
solutions of common issues
as well as for networking offices at state level.
Electronics and electrical industry of morocco with analyze the
steepled we found
that society of country is eager to adopt the new technology and
new improvement
in electrical and electronic industry. As per there major ratio
of young generation
moving towards technological environment. society of morocco
moving towards
urban lifestyle with using electronic and electrical product
consumption as one study
shows they are moving towards using desktop to laptops.
Technology have very strong connection with electrical and
electronics. Changes &
innovation impact on this industry. As morocco is becoming
dynamic industry of
information technology and communication as per report of
October 2009 ministry
of morocco. Trade and ministry of launched new morocco digital
strategy in 2013
with budget of 5.2 million dollars. The main objective of this
policy to promote and
develop new technologies and by focusing four priority social
transformation
through information technology; orientating public services
towards users;
computerizing small and medium-sized enterprises; and developing
the national IT
industry.
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Morocco has mid size economy the country have main relation with
European Union
with France .as this country is largest creditor of morocco.
Changes of economics
that recession in 2008-2009 in u .k economy the industry of
electrical and electronics
have negative impact of it.
Environmental have really come in to focus as it a major problem
of all country.
Environmental condition has great impact of electronics and
electrical in some way
or some way not. They are mainly focused on four crucial
environment acidification;
carbon footprint; total energy consumed; and water
eutrophication. So Moroccan
legal system have a Nemours law for e- waste management namely
Law 10-95 on
water, Law 13-03 on air pollution, Law 12-03 on environmental
impact studies, and
Law 11-03 on the protection of the environment.
Electrical and electronics industry is affected by so many
government policies.
Government providing financial support to start business in IT
sector .it has
encouraged many entrepreneur in electronics and electrical
business to manufacture
and sales in morocco. Government of morocco develop the IT
industry with certain
programmed like INJAZ, GENEI, MOUSANADA, INFITAH, Strengthening
the business
environment of electrical and electronic industry in Morocco is
a policy goal of the
government. One legal issue is disposal of electronic and
electrical product.
Government initiates some program about recycling the product.
Which product
covered this segment household appliances, telecommunications
equipment,
audiovisual and lighting equipment, electrical and electronic
tools, medical devices?
There are some ethics established by Moroccan government about
electronics and
electrical industry. Retailer is providing way to disposal while
selling the electronic
product. Provide all information to consumer about product
description to waste
and it should be printed also some store are providing service
of talking back goods
for disposal.
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Demographic and cultures aspect include in social environment in
India influence the
electronic and electrical industry. Social factor such a health
conciseness, consumer
health rates, population rate. Here which product have advance
technology despite
of their income they are interested in simplicity product. Home
life changes have big
influence in consumer expectation and attitude. Here social
factor involves costumer
Income, attitude, and expectation.
Technological aspect is highly aggressive in electronic and
electrical industry. As a
new technology and product develop and the market competitor has
already made
it. Here innovation is only key to survive in the market. So in
electronic industry
company are changing their product constantly as green initiate
passed new
technology product must be more efficient in power energy
consumption and less
costly. In India context peoples are price sensitive and cost
sensitive. So they are
interested to buy product which consume less energy and lower
price
Economical environment affect the electronic and electrical
industry by past two
decade in television sector but economic is growing rapidly with
contribution of IT
sector .as Indian electrical and electronic market jump US$ 32
billion to US$ 150
billion from 2004 to 2010. India have low manufacturing costs,
skilled labor, raw
materials, availability of engineering skills and opportunity to
meet demand in the
populous Indian market have contributed in electronic and
electrical industry. In
global recession 2008-2009 India s electronic and electrical
production decrease by
11 % after that this industry have compound annual growth of 8%
in period 2010-
2014.
Climate is unpredictable and controllable and this threat for
electronic and electrical
industry and also it gives an opportunity for the industry. It
is an important factor for
industry as it affects the consumer behaviour and
expectations.
Political have direct affect to the electronic and electrical
industry by involving new
changes everyday. It is about that minimum wages for labor in
electronic and
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electrical industry that changes every year. And also government
play major role in
company social responsibility (CSR). Indian budget 2014 declare
that custom duty of
LED and LCD decrease below 19 inch that boost for industry and
now it is zero .so
they will more cheaper. As mobile phones have 10% custom duty
that India have
largest market in telecom so such company like i-phone, nexus
will be costly in
market and also government is working on digital India program
that will make
effect electronic and electrical industry.
March 2005 after Being a signatory to the Information Technology
Agreement (ITA-I)
of the World Trade Organization India promoting reform in
internet communication
and entertainment that effect the electronic and electrical
industry. There is no
restriction in public sector .private sector are welcomed in all
area. In term of
electrical and electronic are freely importable and exportable
in some area by
government norms. Like high power microwave tubes, high end
super computer and
data processing security equipment.
There Nemours grass group for in resistance to involve in new
technology and
development in India.IN 21st century they are welcoming the
technology and
innovation in every segment like e.g. .information technology
and automotive
market. In ethical environment issue is about how to disposal
them.
Morocco country have contribution of 15.1%, 31.7% , 53.2% I
economy by sector
agriculture , industry and service respectively as year of 2012
major contribution in
GDP were agriculture ,real estate finance and retail
business.
Import export of morocco increasing by year to year after 2009.
Import of good and
service was 38183 million USD in 2009 and 51,598 million USD in
2013 .it show the
very significant difference .as well export of good and service
was 25,946 million USD
in 2009 and 34,982 million USD 2013. Figure show the different
between import and
export that import of morocco is higher than export that
opportunity for us.
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Morocco has top five origins for export like France, Spain,
Brazil, India, and Italy.
Those products of mainly in exports are like Insulated Wire,
Mixed Mineral or
Chemical Fertilizers, Calcium Phosphates, Phosphoric Acid,
Non-Knit Women's Suits.
Electronics and electrical product export of morocco it increase
in 2011 with double
with growth of 110%. After that its decreases in years with 33
%, 32 %, 2.28 %
respectively in 2012 to 2014. As per share of this commodity
also decrease with
share of 14.33 to 5.2 % in year 2014. That shows that weakness
in achieving global
electronic and electrical demands to cater.
Morocco country mainly imports the Refined Petroleum, Crude
Petroleum,
Petroleum Gas, Cars, and Wheat. And they imported majorly by
this country like
Spain, France, China,
United States, Saudi Arabia. Import of this electronics and
electrical was highest in
2010 after that import was declining continuously with 24.39 %
and 39.34 % and
5.39 % in year 2011, 2012, 2014 respectively As share of
electrical and electronics
share highest in total import of morocco in 2010 and decrease
till 2013 after that in
2014 share of this commodity was increases to .23 to .32 % in
total import.
India has increases their import as well export i.e. 20% for the
every year. Growth
rate of trading for import will be positive. Export will be
reduces than the import.
Total trade will reduce in 2013-14. Total growth will be
increases from 2010 to 2013.
Total import increases at 7.5%. Total share will be decreases
from every year.
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Overview of country
The Kingdom of Morocco, also known as the Maghreb or the Arab
West, is the most
westerly of the North African countries. The Atlantic and
Mediterranean coastlines
and rugged mountain interiors speaks the beauty of the countrys
geography. It
unconventionally holds a history of independence unlike its
neighbours. Moroccan
culture depicts a rich blend of Arab, African, Berber and
European influences.
When Sultan Mohammed became king, Morocco was a French outpost
from 1912 to
1956. Hassan II, son of Sultan Mohammed succeeded him in 1961,
who in his regime
of 38 years played a prominent role for the search of peace in
the Middle east. Few
of his initiatives envisages commission for ensuring human
rights, suppression of
Domestic opposition and such.
A former capital, Marrakesh is famed for its architecture
Mohammed VI, son of Hassan was a step ahead of him and a
cautious moderniser
introducing some social and economic liberalization. Despite
various political
instabilities from 1975 till 2011, Morocco balanced itself.
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Table 1: Geographic details of Morocco
Geographic location:
Location: Northern Africa, bordering the North Atlantic Ocean
and the
Mediterranean Sea, between Algeria and Western Sahara
Geographic
coordinates: 32 00 N, 5 00 W
Map references: Africa
Area:
total: 446,550 sq km
land: 446,300 sq km
water: 250 sq km
Area -
comparative: slightly larger than California
Land boundaries:
total: 2,017.9 km
border countries: Algeria 1,559 km, Western Sahara 443 km,
Spain (Ceuta) 6.3 km, Spain (Melilla) 9.6 km
Coastline: 1,835 km
Maritime claims:
territorial sea: 12 nm
contiguous zone: 24 nm
exclusive economic zone: 200 nm
continental shelf: 200-m depth or to the depth of
exploitation
Source:
http://www.indexmundi.com/morocco/geography_profile.html
Languages:
The official state language of Morroco is modern standard Arabic
and is also the
most commonly spoken. For instance, when pledging to do
something, a Moroccan
Muslim says Insha Allah i.e. "if God wills it" or say, before
doing something Bismillah
i.e. "In the name of God. Even Moroccan names also depicts
Arabic touch like
common female Arabic names are Fatima, Khadija, Aisha and such,
and common
male names are Hasan, Ali and such.
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Currency and exchange rate of Morocco:
Moroccan Dirham (MAD) is the country currency of Morocco. The
currency
rankings depicts that the most popular MAD exchange rate is the
MAD to EUR rate.
The exchange rates of MAD with major currencies are listed as
under:
Table 2: Currency conversions of MAD with major currencies of
the
world
Currency EUR USD GBP CAD AED SAR CHF AUD EGP INR
1 MAD
Inverse:
0.09034 0.11495 0.07035 0.12765 0.42218 0.43119 0.10908 0.13058
0.82216 7.0022
11.0687 8.69962 14.2148 7.83413 2.36865 2.31916 9.16758 7.65809
1.21630 0.1428
Source: http://www.xe.com/currency/mad-moroccan-dirham
Religion
Islam is the state religion with majority of Moroccans being
Muslims. Karaouine
Mosque is the largest mosque in Africa built in AD 862 is
located in the Moroccan
city of Fez. Besides, a small number of people of about 70,000
are Christians in
Morocco, mainly Roman Catholics; and a very small minority
envisage Jewish of
about 6,000 to 7,000.
The Flag of Morocco:
The Flag of Morocco with a green star on complete red connotes
great values and
aspects of motivation. The red background on the Moroccan flag
denotes bravery,
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valour, hardiness and strength; while the green coloured,
five-pointed star is the
representative of the Seal of Solomon.
Moroccan Anthem
Even before the country gained its independence in 1956, the
Cherifian Anthem is
Moroccos national anthem and continues to be. The music of the
anthem is
contributed by Leo Morgan, and the lyrics by Ali Squalli
Houssaini in the year 1970.
Current economic scenario
Despite the slowdown in world economic growth, Moroccan economy
consolidated
its growth in 2013 with GDP rising to 4.7 percentage compared to
2.7 percentage in
2012. This can be attributed to the vibrant agricultural sector
of the country.
However, in the current year, the non-agricultural activities
were somewhat less
dynamic compared to 2012. In 2013, the overall exports were down
by 4% due to
the decline of almost 28% of exports of phosphates and its
derivatives. The only
exports to gain advantage from the recovery of external demand
were capital goods,
in specific electrical cables and wires.
Moroccan government continued with a sound macroeconomic and
fiscal
management in 2013. A vigilant monetary policy held inflation at
1.9% and the aided
reduction of GDP to 7.2%, which was 10% in 2012. It also helped
increase the foreign
exchange reserves by 4.5 months of imports of goods and
services. However, the
fiscal deficit reached 5.3% of GDP to which government took
corrective measures to
improve revenue collection and lowered public investment for
2014 with an
objective to bring fiscal deficit down to 3% of GDP by 2016.
Research states that
reforms of the compensation fund and the application of an
indexation system for
petroleum products will be needed to achieve this objective.
However, the overall performance of the Moroccan economy has
been encouraging
and advantageous from the perspective of political and social
stability.
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The business environment has seen an improvement. Several
indicators to this
seems to be the country moving up eight places in the annual
World Bank Doing
Business report, climbing from 95th to 87th in one year.
Besides, 2013 has witnessed
improvement in tourism revenue (+2%), transfers from Moroccans
living abroad and
a significant increase in foreign direct investment (+20%).
Despite the overall economic improvement, Morocco has not been
able to solve the
issue of youth employment (15-24 years of age), which has
reached to 19.1% in
2013. A positive signal for employment and growth of various
businesses is
Moroccan governments focus on implementation of reform programme
in terms of
subsidies, taxation, retirement, fiscal system and social
protection. The main
objective for the same is (i) to improve upon the efficacy of
public finances; and (ii)
to support the development of an inclusive growth model
supported by the private
sector and that generates jobs for young people.
These reforms are accompanied by investments in targeted
sectoral strategies to
accelerate the transformation and diversification of its
economy, which in turn will
lead to employment creation.
The National Pact for Industrial Emergence (PNEI, 2009-15)
intends to stimulate the
industrial sector and to enhance its competitiveness, and is
thus a vital framework
for launching industries. This provides a competitive advantage
to Morocco. With
these reforms, Morocco aims to create 2,20,000 new jobs by 2015.
The new-fangled
aeronautical and automobile industries embody an important
source of economic
growth and innovation for Morocco.
Political stability
Morocco is marked as one of only a handful consistently stable
country in the Middle
East and North Africa, under the rule of what many would
illustrate as a strong and
widely popular monarchy. In a region that has experienced
sustained political
turmoil since protests erupted in Tunisia in December 2010, the
US has a continued
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interest in deepening and broadening its existing security
partnership with the
country, as a key tool for furthering US foreign-policy
interests in and countering
regional security threats emanating from neighbouring states in
North Africa and the
nearby Sahel. The visit by US Secretary of State John Kerry to
Morocco to meet his
counterpart, Salaheddine Mezouar, and Moroccan King Mohammed VI
in April
offered an important opportunity to discuss ways to further
advance the historic
strategic partnership between the two countries.
Demographic Profile of Morocco:
Population 32,649,130 (July 2013 est.)
Age structure
0-14 years: 27.1% (male 4,489,297/female 4,353,921)
15-24 years: 18% (male 2,918,765/female 2,951,131)
25-54 years: 41.7% (male 6,590,575/female 7,033,013)
55-64 years: 7% (male 1,135,921/female 1,135,747)
65 years and over: 6.3% (male 919,236/female 1,121,524)
(2013 est.)
Dependency ratios
total dependency ratio: 48.9 %
youth dependency ratio: 41.5 %
elderly dependency ratio: 7.4 %
potential support ratio: 13.5 (2013)
Median age
total: 27.7 years
male: 27.1 years
female: 28.2 years (2013 est.)
Population growth
rate 1.04% (2013 est.)
Birth rate 18.73 births/1,000 population (2013 est.)
Death rate 4.78 deaths/1,000 population (2013 est.)
Net migration rate -3.56 migrant(s)/1,000 populations (2013
est.)
Urbanization Urban population: 57% of total population
(2011)
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Rate of urbanization: 1.62% annual rate of change (2010-15
est.)
Major cities -
population
Casablanca 3.245 million; RABAT (capital) 1.77 million; Fes
1.044 million; Marrakech 909,000; Tangier 768,000 (2009)
Sex ratio
At birth: 1.05 male(s)/female
0-14 years: 1.03 male(s)/female
15-24 years: 0.99 male(s)/female
25-54 years: 0.94 male(s)/female
55-64 years: 1 male(s)/female
65 years and over: 0.82 male(s)/female
Total population: 0.97 male(s)/female (2013 est.)
Mother's mean age
at first birth 25.4 (2004 est.)
Infant mortality rate
Total: 25.49 deaths/1,000 live births
Male: 30.04 deaths/1,000 live births
Female: 20.71 deaths/1,000 live births (2013 est.)
Total fertility rate 2.17 children born/woman (2013 est.)
Contraceptive
prevalence rate 67.4% (2011)
HIV/AIDS - adult
prevalence rate 0.1% (2009 est.)
HIV/AIDS - people
living with HIV/AIDS 26,000 (2009 est.)
HIV/AIDS deaths 1,200 (2009 est.)
Drinking water
source
Improved:
Urban: 98% of population
Rural: 61% of population
Total: 83% of population
Unimproved:
Urban: 2% of population
Rural: 39% of population
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Total: 17% of population (2010 est.)
Sanitation facility
access
Improved:
Urban: 83% of population
Rural: 52% of population
Total: 70% of population
Unimproved:
Urban: 17% of population
Rural: 48% of population
Total: 30% of population (2010 est.)
Nationality Noun: Moroccan(s)
Adjective: Moroccan
Ethnic groups Arab-Berber 99%, other 1%
Religions Muslim 99% (official), Christian 1%, Jewish about
6,000
Languages
Arabic (official), Berber languages (Tamazight (official),
Tachelhit, Tarifit), French (often the language of business,
government, and diplomacy)
Literacy
Definition: age 15 and over can read and write
Total population: 67.1%
Male: 76.1%
Female: 57.6% (2011 est.)
School life
expectancy (primary
to tertiary education)
Total: 11 years
Male: 12 years
Female: 11 years (2010)
Child labour -
children ages 5-14
Total number: 500,960
Percentages: 8 % (2007 est.)
Education
expenditures 5.4% of GDP (2009)
Maternal mortality
rate 100 deaths/100,000 live births (2010)
Children under the 3.1% (2011)
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18
Source:http://www.indexmundi.com/morocco/demographics_profil
e.html
Current news and developments in the country
The economy of Morocco improved in 2013. Despite of fall on 2.5%
in non-
agricultural sectors, the credit for this can be given to the
overall growth of 4.7
percent supported by good agricultural results, especially in
cereal productions.
Further, good rain is the cause benefiting the primary sector.
Other agricultural
sectors, livestock farming and offshore fishing also experienced
sustained growth,
getting advantage from sectoral public investment programmes,
especially the
Morocco Green Plan and the Maritime Halieutis Plan. In all, the
agricultural sectors
value supplemented growth by 21% in 2013, making nearly 15%
contributions to
GDP. However, unfavourable weather conditions and low levels of
precipitation for
2014 are expected to impact results negatively for the current
year.
As discussed above, the manufacturing industries irregular and
weak growth in 2013.
The secondary sector contributed less than 15% to the GDP and
the growth of only
0.6% was marked compared to 2012. However, certain industries
mainly, the
aeronautical and automobile experienced significant increases in
exports: more than
14% and 20%, respectively. Results for agri-food and
pharmaceutical industries were
also positive, making contribution to exports. But, real estate,
construction, leather
age of 5 years
underweight
Health expenditures 6% of GDP (2011)
Physicians density 0.62 physicians/1,000 population (2009)
Hospital bed density 1.1 beds/1,000 population (2009)
Obesity - adult
prevalence rate 16.4% (2008)
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19
and textiles had negative growth rates owing to strong hit by
fall in European
demand. However, forecasts shows recovery in three sectors: i) a
recovery in the
extractive industries (5.6% in 2014 compared to 0.4% in 2013);
ii) improved growth
across all processing industries (4% in 2014 compared to 1.8% in
2013), in particular
in the textile-clothing sector; and iii) a return to growth in
the building and
construction sector (4% in 2014 compared to -1.6% in 2013).
The PNEI reform seems a positive hope for the revival of
coutnrys industrial sector
especially automobile and aeronautical industries. Especially,
the automobile sector
has been very vibrant with growing exports, since the
inauguration of the Renault
factory in February 2012. In aeronautics, the other Moroccan
high performer,
activities are diversified across the whole value chain,
covering everything from
production and dedicated services to maintenance and
engineering. Moroccos
aeronautical industry now envisages about 100 companies,
including some of the
biggest groups in the world, such as Aerospace, Aircelle,
Bombardier, EADS and
Safran. The industry employs more than 100000 highly skilled
workers with turnover
of more than 8 billion Moroccan dirhams (MAD), and an annual
growth rate in
turnover of 25% over the last five years.
Growth in non-manufacturing industries has shown weak results in
2013. Phosphate
production, once a stronghold of Moroccan industry, fell by more
than 2%,
shimmering lower external demand. This under-performance is due
to the major fall
in sales overseas. Research says that if external demand rises
in 2014, a recovery
could be expected.
The tertiary sector sustained to prop up Moroccan growth in
2013, but at a
somewhat slower rate than in 2012, depicting the slowdown in the
growth of value
added in the public sector. Overall, telecommunications and
commerce was the
centre for growth in the tertiary sector. Consequently, the
enlargement of telephony
and Internet networks has been affirmative and telecommunication
service coverage
has expanded. Overall telephony stock was reinforced by a growth
rate of 6.6% and
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20
44.3 million subscribers, while Internet services rose by 34.7%
or 5.2 million
subscribers at the end of October 2013. Tourism has also shown
signs of tourism
with growth rate of 4.8% in 2013. Overall overnight stays and
travel revenue also
rose by 5% and 13%, respectively. In 2014, the tertiary sector
is expected to maintain
this trend of growth at an estimated rate of +5.1%, boosted by
strengthened
telecommunications, commerce and transport. The tourism sector
is also expected
advance slightly.
MAJOR CONTRIBUTING INDUSTRIES IN TERMS OF
VALUE
Phosphate mining and processing industry:
With the three-quarters of the worlds estimated reserves of
phosphates, Morocco
was the worlds third ranked producer of phosphates, with only
China and Us ahead
of it. It controlled one third of the international trade in
phosphates and their
derivatives. These mineral commodities and products were
Moroccos leading
foreign exchange earning sector and accounted for about 35% of
foreign trade. As a
result, the mining industry continued to play a key role in the
national economy
(Arab-Greek Chamber, 2009). Despite a slow growth of phosphate
and derivative
sector in 2013, forecasts shows signs of recovery in 2014.
Morocco produced 17% of the worlds output of phosphate rock, 6%
of the worlds
output of barite, 2% of the worlds output of cobalt, 2% of the
worlds output of
fluorspar, and 1% of the worlds output of lead (Guberman, 2010;
Jasinski, 2010;
Miller, 2010a,b; Shedd, 2010).
This was one of the major reasons of US signing Free Trade
Agreement (FTA) with
Morocco, and it becoming the first African country to have an
FTA with the United
States (U.S. Department of State, 2009). It also had an FTA with
European Union;
Turkey, Arab Maghreb Union (made up of Algeria, Morocco, and
Tunisia); and Pan-
Arab Free Trade Area. The Arab-Mediterranean Free Trade
Agreement between
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21
Egypt, Jordan, Morocco, and Tunisia entered into force in 2007.
Most of Moroccos
trade was with the European Union (EU) (International Trade
Center, 2009).
Food processing industry:
Moroccos food processing industry gets the advantage of countrys
temperate
climate, good soil and water resources. It is the second largest
processing industry in
Morocco after the chemicals and para-chemicals sector. It
generates an output of
USD 6.78 billion and an added value of USD 2.07 billion (31% of
GDP).
With exports reaching USD 1.14 billion, the industry processes
mainly fruit,
vegetables, meat, fish, milk products, oils, cereals, flour,
grits, tobacco and
beverages.
The seafood sub-sector also gets the benefit from Moroccos 3,500
km coastline
which is known for its richness in context of fish. Production
capacity that has been
approximated by the FAO is nearly 1.5 million tons annually.
Morocco is considered
the largest fish producer in Africa and the Arab world. This
sub-sector yields up to
50% of processed food exports and 12% of total Moroccan
exports.
Leather industry:
This is one of the traditional sectors in the Moroccan economy.
It was one of the
major contributor of the national GDP. Moroccan cities with
traditional leather
business and major leather production envisage Fez, Meknes,
Marrakech, Rabat,
Tetouan, Tangier.
The product portfolio reaches from personal leather goods, to
bags and briefcases,
garments, and footwear. Footwear is the largest product
category. Subcontracting
plays a vital role in the leather industry. Similar to its
textile industry, Moroccan
leather industry has also shown a trend of vertical integration
to meet the demand
for integrated global solution. Companies have also developed
brands for
international market. Competition is posed by Asian leather
industry. Because of the
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22
integrated model, high quality brands such as Pierre Cardin and
Louis Vuiton have
started producing in Morocco.
This transition from small workshops to making companies
satisfying international
buyers is supported by the State and the Moroccan Federation of
Leather Industries
(FEDIC). Due to the strategic importance of the leather industry
the PNEI plan applies
to this industry as well. Collaboratively these measures are
geared towards export
promotion, training of employees, and modernising production
processes.
Textile industry:
The textile industry is small compared to leather industry.
Supply chain relationships
developed under the OPT agreements as well as limited investment
during these
years led to a relatively high import dependence for textiles
that act as inputs for the
clothing products. This is also reflected in employment figures,
which have been
declining from 80,000 in 1996 to almost half of this in
2007.
Major textile mills are state-owned catering mostly to the
domestic market.
However, investment activities by private investors has been
picking up in recent
years, partially due to the conclusion of the US-Morocco FTA.
This is a concern for
vertically integrated producers targeting on production for the
export market. These
investments were supported by government incentives such as
financial support
channelled through the Hassan II Fund, or through the provision
of state land.
Construction industry:
The construction industry is one of the most important
industries for the Moroccan
economy, accounting for 14.8% of GDP in 2012.
In 2013, in a bid to increase the supply of affordable housing
and create jobs in the
country, the International Finance Corporation (IFC) announced
its plan to invest
MAD420.3 million (US$50.0 million) in Alliances Group, a leading
Moroccan home
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23
builder, which will help the company to construct 110,000
affordable housing units
by 2020.
Energy sector:
Energy consumption has risen at an average annual rate of 5.7%
from 2002 to 2011.
However, per capita energy consumption, at 0.52 tonnes oil
equivalent (Toe) in
2011, is less than one third the world average (1.7% Toe).
Moroccos focus on
energy-intensive sectors (chemicals, construction, etc.), on
building infrastructure,
on tourism and industry will increase its long-term energy
needs.
Morocco consumed 17,262 kToe of energy in 2011, with petroleum
products
accounting for 61.9%. Coal is second (22.5%), followed by
electricity trade (7.2%),
natural gas (4.6%) and RES, namely hydropower (3.0%) and wind
power (1.0%).
Moroccos installed electricity generation capacity stood at
6,677 MW in 2012, with
coal-fired generation being the largest segment at 1,785 MW,
followed by
hydroelectric at 1,770.
Morocco is the only North African country with no natural oil
resources and is the
largest energy importer in the region. In 2011, the country
imported 95.6% of its
energy demand, equal to MAD85 billion (about US$10.3 billion),
up from MAD19.1
billion (roughly US$2.3 billion) in 2002. Petroleum imports
account for 20% of total
imports and 50% of the current trade deficit. The leading
supplier of Moroccos
energy requirements is Saudi Arabia at 48%.
Morocco has had to import increasing amounts of electricity from
Spain through two
400kV subsea cables that span the 26-kilometre Strait of
Gibraltar. Imports in 2012
were close to 5,000 GWh compared with 1,000 GWh in 2005.
The government of Morocco recently declared its initiation of a
$11 billion
investment project in the countrys energy sector. The project is
a direct feed back to
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24
the increasing domestic demand of thermal energy. The project is
one step forward
to providing alternative energy sources, protection of the
environment, and
increasing competitiveness of the Moroccan economy.
Tourism industry:
The Moroccan government is investing heavily in the development
of tourism
industry. Vision 2010 strategy for tourism helped it to grow. A
large government
sponsored marketing campaigns to attract tourists positioned
Morocco as a cheap
and exotic, yet safe, place for European tourists.
Morocco's relatively large number of tourists has been aided by
its location, tourist
attractions, and relatively low price. The direct contribution
of Travel & Tourism to
GDP in 2013 was MAD76.1 bn (8.6% of GDP). This is forecast to
rise by 8.1% to
MAD82.3bn in 2014. This primarily reflects the economic activity
generated by
industries such as hotels, travel agents, airlines and other
passenger transportation
services (excluding commuter services). But it also includes,
for example, the
activities of the restaurant and leisure industries directly
supported by tourists.
The direct contribution of Travel & Tourism to GDP is
expected to grow by 5.6% pa to
MAD141.5bn (9.7% of GDP) by 2024.
Table 3: GDP-composition by sector
Agriculture: 15.1%
Industry: 31.7%
Services: 53.2% (2012 est.)
Sector 2008 2012
Agriculture, hunting, forestry, fishing 14.6 14.4
of which fishing 1.2 1.0
Mining 7.3 5.3
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25
Manufacturing 14.2 15.9
Electricity, gas and water 2.6 2.6
Construction 6.2 6.5
Wholesale and retail trade, hotels and
restaurants
of which hotels and restaurants
14.0 13.0
2.6 2.6
Transport, storage and communication 7.3 6.7
Finance, real estate and business services 14.0 14.1
Public administration, education, health
and social work, community, social and
personal services
8.7 9.7
Other services 11.1 11.8
Gross domestic product at basic prices 100.0 100.0
The manufacturing sector is progressively attracting new
investments, encouraged
by the highly qualified workforce, high growth potential,
export-oriented approach,
various diversified upstream industries, as well as the presence
of major
international players (ABB, ST Microelectronics, Nexans,
Ingelec, Thales, Alstom,
etc.). It is expected to grow further due to the expansion of
the automobile sector,
the investment incentives offered by the State, the expansion of
electronic
component sub-contracting, in which Morocco is becoming a global
hub.
IMPORT EXPORT OF MORROCO
Morocco holds the second-largest non-oil GDP in the Arab world.
In the past,
Morocco relied heavily on the exports of phosphate and its
derivatives, which has
declined over the recent years. The country has now emerged as
an exporter of
manufactured and agricultural products and its popularity as a
tourism destination is
flourishing.
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26
Morocco Trade: Overview
In recent years, Moroccos economy has been growing over 4%
annually. This growth
has been helped by the establishment of Free Trade Agreements
with the European
Union (Moroccos largest trading partner) and the USA. Also it
has signed trade
agreements with several other partners.
The Agadir Agreement, which was signed with Egypt, Jordan and
Tunisia, within
the framework of the Greater Arab Free Trade Area.
The US-Morocco Free Trade Agreement came into force on January
1, 2006.
The agreement with Turkey for free exchange.
Moroccan trade is still dominated by its main import and export
partner France,
although France's share in Moroccan trade is declining, in
favour of the US, the Gulf
Region and China. If seen as a single entity, the EU, with which
Morocco has signed
its free trade agreement, is by far Morocco's largest trading
partner.
Morocco has now abridged its dependence on phosphate exports, in
recent years
emerging as an exporter of manufactured and agricultural
products, and as a
growing tourism destination. However, its competitiveness in
basic manufactured
goods, such as textiles, is hampered by low labour productivity
and high wages.
Morocco is dependent on imported fuel and its food import
requirement can rise
substantially in drought years, as in 2007. Although Morocco
runs a structural trade
deficit, this is typically offset by substantial services
earnings from tourism and large
remittance inflows from the Diaspora, and the country normally
runs a small
current-account surplus.
U.S.-Morocco Trade Facts
Morocco is currently USs 69th largest goods trading partner with
$3.3 billion in total
(two way) goods trade during 2013. Goods exports totalled $2.3
billion; Goods
imports totalled $977 million. The U.S. goods trade surplus with
Morocco was $1.3
billion in 2013.
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27
TABLE 3: IMPORT EXPORT OF MORROCO (2009 TO 2013)
Foreign Trade Indicators 2009 2010 2011 2012 2013
Imports of Goods (million USD) 32,881 35,381 44,295 44,872
45,090
Exports of Goods (million USD) 14,054 17,771 21,519 21,417
21,822
Imports of Services (million USD) 5,302 5,724 6,713 6,578
6,508
Exports of Services (million USD) 11,892 12,138 13,550 13,066
13,160
Source: http://commerce.nic.in/eidb/ecomxcntq.asp
Exports of Morocco
Morocco was the United States' 57th largest goods export market
in 2013. U.S.
goods exports to Morocco in 2013 were $2.3 billion, up 6.0%
($130 million) from
2012, and up 392% from 2003. U.S. exports to Morocco are up 379%
from 2005 (Pre-
FTA).
The top export categories (2-digit HS) in 2013 were: Mineral
Fuel ($1.1 billion),
Aircraft ($225 million), Food Waste (soybean residues) ($165
million), Machinery
($147 million), and Dairy, Eggs, Honey, ETC. ($119 million).
U.S. exports of agricultural products to Morocco totalled $441
million in
2013. Leading categories include: and dairy products ($117
million), soybean meal
($112 million), and cotton ($44 million)
Morocco exports:
Clothing and textiles
Transistors and Electric components
Crude minerals and Inorganic chemicals
Petroleum products and Fertilizers (including phosphates)
Citrus fruits, Vegetables, Fish
Moroccos export partners are; Spain (19.2%), France (17.6%),
Brazil (7.1%), US
(4.5%), Belgium (4.5%) and Italy (4.3%).
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28
Table 4: Top 5 product and destination of Export by Morocco
Top 5 Products
exported by
Morocco
Insulated Wire (9.5%), Mixed Mineral or Chemical Fertilizers
(8.3%), Calcium Phosphates (7.4%), Phosphoric Acid (7.1%),
Non-Knit Women's Suits (4.7%)
Top 5 Export
destinations of
Morocco
France (18%), Spain (15%), Brazil (5.8%), India (5.5%), Italy
(3.9%)
Source: http://atlas.media.mit.edu/profile/country/mar/
Table 5: 5 Years Export Data of Morocco for Electronics and
Electricals
Department of Commerce
Export Import Data Bank
Export :: Commodity x Country wise
Dated: 23/9/2014
Commodity: 85 ELECTRICAL MACHINERY AND EQUIPMENT AND PARTS
THEREOF; SOUND RECORDERS AND REPRODUCERS, TELEVISION IMAGE
AND SOUND RECORDERS AND REPRODUCERS, AND PARTS.
Country: MOROCCO
S.No. \Year
2009-
2010
2010-
2011
2011-
2012
2012-
2013
2013-
2014
1 Values in US$ Million 21.84 45.66 30.23 20.54 20.07
2 %Growth 109.13 -33.8 -32.07 -2.28
3 Total export of
commodity
7,233.1
9
10,144.
83
11,528.
11
10,862
.71
10,298.
51
4 %Growth 40.25 13.64 -5.77 -5.19
5 %Share of country (1 of
3)
0.3 0.45 0.26 0.19 0.19
6 Total export to country 250.47 318.57 372.1 426.56 385.61
7 %Growth 27.19 16.8 14.63 -9.6
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29
8 %Share of commodity (1
of 6)
8.72 14.33 8.12 4.81 5.2
Source : http://commerce.nic.in/eidb/ecomxcntq.asp
INTERPRETATION:
As above last half decade data of export of morocco it increase
in 2011 with double with
growth of 110%. After that its decreases in years with 33 %, 32
% ,2.28 % respectively in
2012 to 2014. As per share of this commodity also decrease with
share of 14.33 to 5.2 % in
year 2014
IMPORTS:
Morocco was the United States' 80th largest supplier of goods
imports in 2013.
U.S. goods imports from Morocco totaled $977 million in 2013, a
4.8% increase ($45
million) from 2012, and up 154% from 2003. U.S. imports from
Morocco are up 119%
from 2005 (Pre-FTA).
The five largest import categories in 2013 were: Fertilizers
($255 million), Salt, Sulfur,
Earth and Stone ($232 million), Electrical Machinery ($114
million), Woven Apparel
($90 million), and Prepared Meat, Fish, Etc ($43 million).
U.S. imports of agricultural products from Morocco totaled $129
million in 2013.
Leading categories include: processed fruits and vegetables ($43
million) and fresh
fruit ($29 million).
Morocco imports:
Crude petroleum
Textile fabric
Telecommunications equipment
Wheat
Gas and electricity
Transistors and Plastics
Moroccos import partners are; France (16.1%), Spain (13.5%),
Italy (6.5%), China
(6%), Germany (5.6%), Saudi Arabia (5.4%) and Moldova (5%).
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30
Moroccos primary trade partner continues to be France. France is
also the primary
creditor and foreign investor for Morocco.
Imports to Morocco totaled $31.83 billion in 2010; however fell
from $39.35 billion
in 2008
Top 5 Products
imported by Morocco
Refined Petroleum (9.3%), Crude Petroleum (8.5%),
Petroleum Gas (4.9%), Cars (3.7%), and Wheat (2.5%)
Top 5 Import origins of
Morocco
Spain (13%), France (12%), China (7.0%), United States
(6.7%), Saudi Arabia (5.8%)
Source : http://atlas.media.mit.edu/profile/country/ind/
Department of Commerce
Export Import Data Bank
Import :: Commodity x Country - wise
Dated: 23/9/2014
Commodity: 85 ELECTRICAL MACHINERY AND EQUIPMENT AND PARTS
THEREOF; SOUND RECORDERS AND REPRODUCERS, TELEVISION IMAGE
AND SOUND RECORDERS AND REPRODUCERS,AND PARTS.
Country: MOROCCO
S.No. \Year
2009-
2010
2010-
2011
2011-
2012
2012-
2013
2013-
2014
1 Values in US$ Million 6.37 4.82 4.93 2.99 2.83
2 %Growth -24.39 2.31 -39.34 -5.39
3 Total Import of
commodity
22,074.
22
27,211.
01
32,865.3
3
29,819.
58
29,152.
75
4 %Growth 23.27 20.78 -9.27 -2.24
5 %Share of country (1
of 3)
0.03 0.02 0.01 0.01 0.01
6 Total Import to
country
861.51 839.64 1,658.45 1,309.0
3
879.18
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31
7 %Growth -2.54 97.52 -21.07 -32.84
8 %Share of commodity
(1 of 6)
0.74 0.57 0.3 0.23 0.32
Source : http://commerce.nic.in/eidb/ecomxcntq.asp
INTERPRETATION:
Import of this electronics and electrical was highest in 2010
after that import was
declining continuously with 24.39 % and 39.34 % and 5.39 % in
year 2011, 2012,
2014 respectively
As share of electrical and electronics share highest in total
import of morocco in
2010 and decrease till 2013 after that in 2014 share of this
commodity was increases
to .23 to .32 % in total import.
ELECTRICAL AND ELECTRONICS INDUSTRY IN MOROCCO
Consumer electronics records positive growth in 2012
2012 was a particularly good year for consumer electronics in
Morocco. Volume and
value growth were positive as the industrys leading players
dropped their prices in
order to remain competitive due to the price sensitivity of the
majority of Moroccan
consumers. At the same time, there was increasing demand for new
technologies
and more powerful and faster consumer electronics devices. In
addition, many local
consumer electronics brands are recording stronger growth in
their volume shares as
they are more suited to the consumption habits of Moroccan
consumers as well as
meeting their desire for low unit prices. The consumer
electronics category with the
highest number of local brands present remains computers and
peripherals.
The Moroccan government moves towards its IT vision through
Digital
Morocco
In order to position Morocco as a dynamic emerging country for
information
technology and communications, in October 2009 the Ministry of
Industry, Trade
and New Technologies launched the Digital Morocco 2013 strategy.
Initially
endowed with a budget of US$5.2 million dollars, the programmes
main objective is
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32
to promote and develop new information technologies by focusing
on four strategic
priorities: social transformation through information
technology; orientating public
services towards users; computerising small and medium-sized
enterprises; and
developing the national IT industry. In addition, the government
is providing financial
support to businesses and start-ups in the IT sector as
technology start-ups generally
have difficulty obtaining financing from Moroccan banks, the
majority of which focus
mainly on supporting larger companies and conventional business.
This has
encouraged many entrepreneurs to begin manufacturing consumer
electronics
products for sale in Morocco and begin expanding into France,
Senegal, Gabon and
Nigeria. The two most successful local players in this respect
are Data Plus with its
RMC tablets and DBM with its Accent tablets and laptops.
The shift from desktops, notebooks and feature phones
towards
tablets, laptops and smart phones led by government
Consumer electronics in morocco is rapidly becoming an industry
marked by regular
technological improvements. This is possible thanks to various
government actions.
The most important of these is INJAZ, a programme which aims to
equip each
student with a computer internet connection. Telecommunications
companies play
an important role in the development of this programme. The
second government
programme is GENIE, which targets all public institutions and
aims to upgrade all IT
infrastructures with better and faster performing computers,
printers and
peripherals. Then there are the MOUSANADA and INFITAH
programmes, which
target small and medium-sized enterprises with annual revenues
not exceeding
US$300 000, providing them with financial support up to 60% of
the cost of
refurbishing their offices with newer computers, televisions,
telecommunications
equipment and In-car navigation devices for business purposes.
Computers recorded
strong growth in Morocco during 2012 as the influence of
government and banks
helped students gain access to personal computers at low prices.
Moreover, many
Moroccan companies switched from desktops to the use of laptops
in order to
provide greater flexibility to their employees, many of whom
became more mobile
as a result.
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33
Branded retail outlets gaining ground over informal retail
distribution
channels
During 2012, the majority of international companies operating
in consumer
electronics in Morocco saw their volume shares falling. Many new
local and
international brands which offer products at more competitive
prices than the
industry leaders began attracting the interest of Moroccos
price-sensitive
consumers. The strongest brands in this respect were Haier and
Edison in televisions,
RMC in tablets and Accent in laptops. Sales of consumer
electronics through informal
retail channels continue to decline, to the benefit of
well-established branded retail
outlets. The reason for this is that Moroccans are now looking
more for consumer
electronics products which offer warranties as they feel that
they cannot risk
purchasing consumer electronics through informal channels with
no recourse to the
seller in the case that the device turns out to be
defective.
Consumer electronics is set to record moderate growth over
the
forecast period
Over the forecast period, consumer electronics in Morocco is
expected to record
slow but steady growth. Tablets and other portable computers is
expected to record
by far the most dynamic volume and constant value growth of any
consumer
electronics category over the forecast period. As consumption of
netbooks and
desktops is declining, tablets is gaining share in computers.
Tablets and other
portable computers is set to increase in volume at a CAGR of 25%
over the forecast
period, while constant value sales are set to increase at a CAGR
of 13%.
The Moroccan production of electronics and electrical products
is
insignificant compared to international levels.
The developing worlds trade in these products is dominated by
East and Southeast
Asia but Morocco and a few other countries in the Middle East
and North African
(MENA) region have recently embarked on the same route. Studies
show that there
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34
are a few product groups where the MENA region has a small but
increasing share of
worlds exports. In 2003 the region had a 2,72% share of world
exports in electrical
distribution equipments. This is of interest since Morocco has
recently emerged as a
regional leader within production of electrical components. This
would imply that a
large part of the MENA share stems from Morocco.
The electrical and electronics industry in Morocco is mainly
concentrated to the
following six sub-sectors: wiring and cables, electronic
components, electrical
distribution equipment, electrical batteries and storage
devices, electric devices and
lamps and electric transformers and generators. While the
production is small
compared to Moroccos traditional products, it is increasing.
TABLE 4 : BILATERAL TRADE OPPORTUNITIES WITH INDIA
Morocco India bilateral trade
S.No. Year 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013
1. EXPORT 242.85 250.47 318.57 372.10 426.38
2. %Growth 3.14 27.19 16.80 14.59
3. India's Total Export 185,295.36 178,751.43 251,136.19
305,963.92 300,274.12
4. %Growth -3.53 40.49 21.83 -1.86
5. %Share 0.13 0.14 0.13 0.12 0.14
6. IMPORT 948.15 861.51 839.64 1,635.33 1,300.35
7. %Growth -9.14 -2.54 94.77 -20.48
8. India's Total Import 303,696.31 288,372.88 369,769.13
489,319.49 491,945.05
9. %Growth -5.05 28.23 32.33 0.54
10. %Share 0.31 0.30 0.23 0.33 0.26
11. TOTAL TRADE 1,191.00 1,111.98 1,158.21 2,007.44 1,726.72
12. %Growth -6.63 4.16 73.32 -13.98
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35
13. India's Total Trade 488,991.67 467,124.31 620,905.32
795,283.41 792,219.17
14. %Growth -4.47 32.92 28.08 -0.39
15. %Share 0.24 0.24 0.19 0.25 0.22
16. TRADE BALANCE
17. India's Trade Balance -118,400.95 -109,621.45 -118,632.94
-183,355.57 -191,670.93
Source : www.indiaembassyrabat.com
INTERPRETATION:
India has increases their import as well export i.e. 20% for the
every year. Growth
rate of trading for import will be positive. Export will be
reduces than the import.
Total trade will reduce in 2013-14. Total growth will be
increases from 2010 to 2013.
Total import increases at 7.5%. total share will be decreases
from every year.
MoroccoIndia relations refer to the bilateral ties between
Morocco and India.
Morocco has an embassy in New Delhi. It also has an Honorary
Consul based in
Mumbai. India operates an embassy in Rabat. Both nations are
part of the Non-
Aligned Movement.
In the United Nations, India supported the decolonization of
Morocco and the
Moroccan freedom movement. India recognised Morocco on June 20,
1956 and
established relations in 1957. India and Morocco have enjoyed
cordial and friendly
relations and over the years bilateral relations have witnessed
significant depth and
growth.
For long, India has been one of the major markets for Moroccan
phosphate and its
derivatives. Other main items of export to India are metallic
ores and metal scrap,
semi-finished products and inorganic chemicals. The main items
of India's exports to
Morocco are cotton yarn, synthetic fiber, transport equipment,
pharmaceuticals,
agricultural implements, chemicals, spices and manufactured
metals. Bilateral trade
has been growing in the past 10 years and reached US $ 1.2 in
2011.
An Indian joint venture in Morocco, IMACID, which was set up in
1999 to produce
phosphoric acid, is located at Jorf Lasfar, about 150 km. south
of Casablanca. The
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36
initial JV partners were M/s.Chambal Chemicals & Fertilizers
Ltd. of the Birla Group
from India, and Office Cherifien des Phosphates (OCP) on the
Moroccan side. In
2005, Tata Chemicals Limited joined IMACID project as third and
equal partner. This
JV project produces about 430,000 MT per annum of phosphoric
acid, nearly all of
which is imported by India. The Moroccan phosphate organization,
OCP, has
invested in Paradeep Phosphates Ltd. in India.
The bilateral trade has grown to $1.712 billion in 2010 from
$573.87 million in 2005
with balance of trade in favour of Morocco ($611 million). The
major portion of
bilateral trade is made up of import of phosphates and
fertilisers by India and import
of textiles, transport equipment and machinery by Morocco.
Trade opportunity for morocco to trade in India
Inorganic chemicals, fertilizers (including phosphates),
petroleum products, citrus
fruits, vegetables, fish, phosphate, fertilizers (including
phosphates), This is the top
item that morocco exports and India imports so there is biggest
trade opportunity
for morocco to export those items to India. As well as
opportunity for India for
import those items at lowest cost from morocco.
Opportunity for India to trade in morocco
Moroccos major imports are crude petroleum, textile fabric,
telecommunications
equipment, wheat, gas and electricity, transistors, plastics,
motor vehicles, aircraft,
manufacturing equipment and computer and software and hardware
computer
system.
So there is a biggest opportunity for India to trade textile
fabric, telecommunications
equipment, wheat, gas and electricity, transistors, plastics,
motor vehicles, aircraft,
manufacturing equipment and computer and software and hardware
computer
system.
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37
BILATERAL TRADE BETWEEN MOROCCO AND INDIA WITH REGARDING
ELECTRICAL AND ELECTRONICS EQUIPMENT
MOROCCO IMPORT FROM INDIA
ELECTRICAL INDUSTRY (2012 DATA)
TABLE 5 : MOROCCO IMPORT FROM INDIA IN ELECTRICAL SECTOR
Commodity Trade Value
ELEC MCH APPAR,PARTS,NES [SITC Rev.3 code 77] $16,598,119
ELECT POWER MACHNY.PARTS [SITC Rev.3 code 771] $450,540
Transformers, electrical [SITC Rev.3 code 7711] $135,286
Liquid dielectric transformers [SITC Rev.3 code 77111]
$4,051
Other electrical transformers [SITC Rev.3 code 77119]
$131,235
Oth.elec power mach,part [SITC Rev.3 code 7712] $315,254
Static converters (e.g., rectifiers) [SITC Rev.3 code 77121]
$163,914
Ballasts for discharge lamps or tubes [SITC Rev.3 code 77123]
$3,432
Other inductors [SITC Rev.3 code 77125] $34,757
Parts of the electric power machinery of group 771 [SITC Rev.3
code 77129] $113,150
ELEC.SWITCH.RELAY.CIRCUT [SITC Rev.3 code 772] $1,960,546
Electric resistors,parts [SITC Rev.3 code 7723] $4,117
Fixed carbon resistors, composition- or film-type [SITC Rev.3
code 77231] $118
Other fixed resistors [SITC Rev.3 code 77232] $21
Wire-wound variable resistors (including rheostats and
potentiometers) [SITC
Rev.3 code 77233] $1,216
Other variable resistors (including rheostats and
potentiometers) [SITC Rev.3 code
77235] $2,763
Switch.apparatus,1000v+ [SITC Rev.3 code 7724] $1,351,169
Fuses for a voltage exceeding 1,000 V [SITC Rev.3 code 77241]
$478
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38
Automatic circuit-breakers for a voltage exceeding 1,000 V but
less than [SITC
Rev.3 code 77242] $464,310
Other automatic circuit-breakers [SITC Rev.3 code 77243]
$821,766
Isolating switches and make-and-break switches [SITC Rev.3 code
77244] $64,614
Switch.apparatus,
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39
77314]
Other electric conductors, for a voltage exceeding 80 V but not
exceeding [SITC
Rev.3 code 77315] $1,577
Other electric conductors, for a voltage exceeding 1,000 V [SITC
Rev.3 code 77317] $988,791
Optical fibre cables [SITC Rev.3 code 77318] $100,321
Electrc.insulating equip [SITC Rev.3 code 7732] $71,496
Electrical insulators of materials other than glass or ceramics
[SITC Rev.3 code
77324] $14,059
Insulating fittings for electrical machines, appliances or
equipment, bei [SITC Rev.3
code 77326] $2,180
Insulating fittings for electrical machines, appliances or
equipment, bei [SITC Rev.3
code 77328] $1,917
Insulating fittings for electrical machines, appliances or
equipment, bei [SITC Rev.3
code 77329] $53,341
ELECTRO-MEDCL,XRAY EQUIP [SITC Rev.3 code 774] $334,426
Electro-medical equipmnt [SITC Rev.3 code 7741] $103,681
Other electrodiagnostic apparatus (including apparatus for
functional exp [SITC
Rev.3 code 77412] $30,668
Ultraviolet or infrared ray apparatus [SITC Rev.3 code 77413]
$73,012
X-ray apparatus etc.part [SITC Rev.3 code 7742] $230,745
Apparatus based on the use of X-rays, whether or not for
medical, surgica [SITC
Rev.3 code 77421] $42,682
X-ray tubes [SITC Rev.3 code 77423] $186,239
Other apparatus based on the use of alpha, beta or gamma
radiations, whet [SITC
Rev.3 code 77429] $1,824
DOM.ELEC,NON-ELEC.EQUIPT [SITC Rev.3 code 775] $10,161,728
Household laundry equipt [SITC Rev.3 code 7751] $392,404
Household- or laundry-type washing machines (including machines
which bot $392,404
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40
[SITC Rev.3 code 77511]
Dom.refrigeratrs,freezrs [SITC Rev.3 code 7752] $9,755,510
Refrigerators, household-type (electric or other), whether or
not contain [SITC
Rev.3 code 77521] $9,755,510
Electro-thermic appl nes [SITC Rev.3 code 7758] $13,814
Electric smoothing-irons [SITC Rev.3 code 77584] $705
Electrothermic domestic appliances, n.e.s. [SITC Rev.3 code
77587] $8,938
Electric heating resistors (other than of carbon) [SITC Rev.3
code 77588] $4,171
TRANSISTORS,VALVES,ETC. [SITC Rev.3 code 776] $571,118
Diodes,transistors etc. [SITC Rev.3 code 7763] $40,563
Diodes, other than photosensitive or light-emitting diodes [SITC
Rev.3 code 77631] $2,220
Transistors (excluding photosensitive transistors) with a
dissipation rat [SITC Rev.3
code 77632] $260
Transistors (excluding photosensitive transistors) with a
dissipation rat
[SITC Rev.3 code 77633] $36,340
Thyristors, diacs and triacs (excluding photosensitive devices)
[SITC Rev.3 code
77635] $927
Photosensitive semiconductor devices; light-emitting diodes
[SITC Rev.3 code
77637] $817
Electronic microcircuits [SITC Rev.3 code 7764] $530,555
Digital monolithic integrated units [SITC Rev.3 code 77641]
$511,773
Hybrid integrated circuits [SITC Rev.3 code 77645] $1,088
Other electronic integrated circuits and microassemblies [SITC
Rev.3 code 77649] $17,694
ELECTRIC.MACH.APPART.NES [SITC Rev.3 code 778] $1,904,537
Batteries,accumulators [SITC Rev.3 code 7781] $39,172
Primary cells and primary batteries [SITC Rev.3 code 77811]
$876
Electric accumulators (storage batteries) [SITC Rev.3 code
77812] $37,572
Parts of electric accumulators [SITC Rev.3 code 77819] $725
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41
Electric lamps,bulbs etc [SITC Rev.3 code 7782] $454,242
Filament lamps (other than flash bulbs, infrared and ultraviolet
lamps an [SITC
Rev.3 code 77821] $67,539
Discharge lamps (other than ultraviolet lamps) [SITC Rev.3 code
77822] $381,931
Sealed-beam lamp units [SITC Rev.3 code 77823] $3,910
Ultraviolet or infrared lamps; arc lamps [SITC Rev.3 code 77824]
$777
Parts of the lamps of subgroup 778.2 [SITC Rev.3 code 77829]
$86
Automotive electrc.equip [SITC Rev.3 code 7783] $850,424
Electrical ignition or starting equipment of a kind used for
spark-igniti [SITC Rev.3
code 77831] $396,353
Parts of the equipment of heading 778.31 [SITC Rev.3 code 77833]
$27,759
Electrical lighting or signalling equipment (excluding articles
of subgro [SITC Rev.3
code 77834] $382,716
Parts of the equipment of heading 778.34 [SITC Rev.3 code 77835]
$43,597
Electrical capacitors [SITC Rev.3 code 7786] $22,063
Fixed capacitors designed for use in 50/60 Hz circuits and
having a react [SITC Rev.3
code 77861] $19,552
Aluminium electrolytic fixed capacitors [SITC Rev.3 code 77863]
$2,394
Other fixed capacitors [SITC Rev.3 code 77867] $117
Elec mch wth indiv funct [SITC Rev.3 code 7787] $57,044
Other electrical machines and apparatus, having individual
functions, n.e [SITC
Rev.3 code 77878] $46,231
Parts of the electrical machines and apparatus of subgroup 778.7
[SITC Rev.3 code
77879] $10,812
Elect machnery,equip,nes [SITC Rev.3 code 7788] $481,591
Electromagnets; permanent magnets and articles intended to
become
permane [SITC Rev.3 code 77881] $8,752
Electric sound or visual signalling apparatus (e.g., bells,
sirens, indic [SITC Rev.3 $15,718
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42
INTERPRETATION:
In 2012 in electrical industry total value of $16,598,119
imported by morocco from
India in ELEC MCH APPAR,PARTS,NES [SITC Rev.3 code 77]. In
ELEC.SWITCH.RELAY.CIRCUT [SITC Rev.3 code 772] total import of
morocco from
India is $1,960,546 . in the segment. In ELECTR DISTRIBT.EQPT
NES [SITC Rev.3 code
773] total import was $1,215,225 in value. In ELECTRO-MEDCL,XRAY
EQUIP [SITC
Rev.3 code 774] segment total value was imported by morocco was
$334,426. In
DOM.ELEC,NON-ELEC.EQUIPT [SITC Rev.3 code 775] total value of
$10,161,728 was
exported by india to morocco. In TRANSISTORS,VALVES,ETC. [SITC
Rev.3 code 776]
total value of $571,118 was imported by morocco from india.
In
ELECTRIC.MACH.APPART.NES [SITC Rev.3 code 778] total value of
$1,904,537 was
imported.
From the data it is found that in segment of In
ELEC.SWITCH.RELAY.CIRCUT [SITC
Rev.3 code 772] was $1,960,546 , which is higher as compared to
other segments. So
continuous efforts should be made to maintain and enhance these
exports.
Morocco import from India in electronics sector
Commodity Trade Value
TELECOMM.SOUND EQUIP ETC [SITC Rev.3 code 76] $23,588,366
TELEVISION RECEIVERS ETC [SITC Rev.3 code 761] $6,060
Television receivers, colour (including video monitors and video
projecto
[SITC Rev.3 code 7611] $6,060
RADIO-BROADCAST RECEIVER [SITC Rev.3 code 762] $3,225
Portable radio receivers [SITC Rev.3 code 7622] $3,225
code 77884]
Carbon electrodes, carbon brushes, lamp carbons, battery carbons
and other [SITC
Rev.3 code 77886] $457,121
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43
Radio-broadcast receivers capable of operating without an
external source
[SITC Rev.3 code 76221] $2,439
Radio-broadcast receivers capable of operating without an
external source
[SITC Rev.3 code 76222] $785
SOUND RECORDER,PHONOGRPH [SITC Rev.3 code 763] $159
Sound,video recordng etc [SITC Rev.3 code 7638] $159
Other sound-reproducing apparatus [SITC Rev.3 code 76383]
$159
TELECOMM.EQUIP.PARTS NES [SITC Rev.3 code 764] $23,578,923
Line telephone etc.equip [SITC Rev.3 code 7641] $38,104
Telephonic or telegraphic switching apparatus [SITC Rev.3 code
76415] $38,104
Microph.loudspkrs.amplif [SITC Rev.3 code 7642] $453,050
Microphones and stands therefor [SITC Rev.3 code 76421]
$38,646
Loudspeakers, mounted in their enclosures [SITC Rev.3 code
76422] $8,559
Loudspeakers, not mounted in their enclosures [SITC Rev.3 code
76423] $145,607
Headphones, earphones and combined microphone/speaker sets
[SITC Rev.3 code 76424] $23,467
Audio-frequency electric amplifiers [SITC Rev.3 code 76425]
$35,671
Electric sound amplifier sets [SITC Rev.3 code 76426]
$201,100
TV,radio transmittrs etc [SITC Rev.3 code 7643] $23,064,305
Transmission apparatus incorporating reception apparatus [SITC
Rev.3 code
76432] $23,064,305
Parts,telecommun. equipt [SITC Rev.3 code 7649] $23,464
Parts and accessories suitable for use solely or principally
with the app
[SITC Rev.3 code 76491] $1,312
Parts and accessories suitable for use solely or principally
with apparat
[SITC Rev.3 code 76492] $10,969
Parts and accessories suitable for use solely or principally
with the app
[SITC Rev.3 code 76493] $11,173
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44
Parts and accessories suitable for use solely or principally
with the app
[SITC Rev.3 code 76499] $10
INTERPRETATION:
TELECOMM.SOUND EQUIP ETC [SITC Rev.3 code 76] $23,588,366
TELEVISION RECEIVERS ETC [SITC Rev.3 code 761] $6,060
SOUND RECORDER,PHONOGRPH [SITC Rev.3 code
763] $159
TELECOMM.EQUIP.PARTS NES [SITC Rev.3 code 764] $23,578,923
In telecommunication and sound equipment morocco import total
value of
$23,588,366 from india. In TELEVISION RECEIVERS ETC [SITC Rev.3
code 761]
segment india export total value of $6,060 equipments to
morocco. In SOUND
RECORDER,PHONOGRPH [SITC Rev.3 code 763] segment total value of
$159 was
imported by morocco from india. In TELECOMM.EQUIP.PARTS NES
[SITC Rev.3 code
764] segment total value of $23,578,923 equipments was imported
by morocco from
India.
From the data it is found that in telecommunication parts and
equipments trade
value was higher as compared to other segments the value was
$23,578,923. In
SOUND RECORDER,PHONOGRPH sector only $159 trade was made by
both
countries. So india should try to focus on that segments and can
try to increase trade
in those segments with morocco.
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45
INDIA IMPORT FROM MOROCCO
TABLE 6 : INDIA IMPORT FROM MOROCCO
Electrical components imported by India from morocco
Commodity Trade Value
ELEC MCH APPAR,PARTS,NES [SITC Rev.3 code 77] $3,527,754
ELECT POWER MACHNY.PARTS [SITC Rev.3 code 771] $2,456
Transformers, electrical [SITC Rev.3 code 7711] $365
Other electrical transformers [SITC Rev.3 code 77119] $365
Oth.elec power mach,part [SITC Rev.3 code 7712] $2,091
Static converters (e.g., rectifiers) [SITC Rev.3 code 77121]
$329
Other inductors [SITC Rev.3 code 77125] $1,762
ELEC.SWITCH.RELAY.CIRCUT [SITC Rev.3 code 772] $167,626
Electric resistors,parts [SITC Rev.3 code 7723] $17,399
Other fixed resistors [SITC Rev.3 code 77232] $72
Other variable resistors (including rheostats and
potentiometers)
[SITC Rev.3 code 77235] $17,327
Switch.apparatus,1000v+ [SITC Rev.3 code 7724] $1,481
Other electrical apparatus for switching or protecting
electrical circuit [SITC
Rev.3 code 77249] $1,481
Switch.apparatus,
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46
Other switches for a voltage not exceeding 1,000 V [SITC Rev.3
code 77255] $1,307
Other electrical apparatus for switching or protecting
electrical circuit [SITC
Rev.3 code 77259] $18,204
Elec.control panels etc. [SITC Rev.3 code 7726] $28,579
Boards, panels (including numerical control panels), consoles,
desks, cab [SITC
Rev.3 code 77261] $28,579
Parts,electrc.panels etc [SITC Rev.3 code 7728] $3,038
Other parts suitable for use solely or principally with the
apparatus fal [SITC
Rev.3 code 77282] $3,038
ELECTR DISTRIBT.EQPT NES [SITC Rev.3 code 773] $132,787
Insultd wire,etc.condctr [SITC Rev.3 code 7731] $115,888
Winding wire [SITC Rev.3 code 77311] $47,364
Co-axial cable and other co-axial conductors [SITC Rev.3 code
77312] $43,205
Ignition wiring sets and other wiring sets of a kind used in
vehicles, ai [SITC
Rev.3 code 77313] $62
Electrc.insulating equip [SITC Rev.3 code 7732] $16,899
Electrical insulators of materials other than glass or
ceramics
[SITC Rev.3 code 77324] $4,218
Insulating fittings for electrical machines, appliances or
equipment, bei [SITC
Rev.3 code 77328] $4,532
Insulating fittings for electrical machines, appliances or
equipment, bei [SITC
Rev.3 code 77329] $8,149
ELECTRO-MEDCL,XRAY EQUIP [SITC Rev.3 code 774] $35,055
X-ray apparatus etc.part [SITC Rev.3 code 7742] $35,055
X-ray tubes [SITC Rev.3 code 77423] $35,055
DOM.ELEC,NON-ELEC.EQUIPT [SITC Rev.3 code 775] $269
Electro-thermic appl nes [SITC Rev.3 code 7758] $269
Parts of the electrothermic appliances of subgroup 775.8 [SITC
Rev.3 code $269
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47
77589]
TRANSISTORS,VALVES,ETC. [SITC Rev.3 code 776] $3,099,928
Diodes,transistors etc. [SITC Rev.3 code 7763] $618,107
Diodes, other than photosensitive or light-emitting diodes
[SITC Rev.3 code 77631] $243,095
Transistors (excluding photosensitive transistors) with a
dissipation rat [SITC
Rev.3 code 77633] $341,234
Thyristors, diacs and triacs (excluding photosensitive devices)
[SITC Rev.3 code
77635] $29,562
Photosensitive semiconductor devices; light-emitting diodes
[SITC Rev.3 code
77637] $3,096
Other semiconductor devices [SITC Rev.3 code 77639] $1,120
Electronic microcircuits [SITC Rev.3 code 7764] $2,463,906
Elctrn comp pts,crystals [SITC Rev.3 code 7768] $17,916
Parts of the devices of subgroup 776.3 and of the mounted
piezoelectric
c [SITC Rev.3 code 77688] $623
Parts of the articles of subgroup 776.4 [SITC Rev.3 code 77689]
$17,292
ELECTRIC.MACH.APPART.NES [SITC Rev.3 code 778] $89,632
Batteries,accumulators [SITC Rev.3 code 7781] $30,795
Primary cells and primary batteries [SITC Rev.3 code 77811]
$30,795
Electric lamps,bulbs etc [SITC Rev.3 code 7782] $1,112
Filament lamps (other than flash bulbs, infrared and ultraviolet
lamps an [SITC
Rev.3 code 77821] $149
Discharge lamps (other than ultraviolet lamps) [SITC Rev.3 code
77822] $130
Ultraviolet or infrared lamps; arc lamps [SITC Rev.3 code 77824]
$833
Electro-mech.hand tools [SITC Rev.3 code 7784] $26,500
Other tools [SITC Rev.3 code 77845] $26,500
Electrical capacitors [SITC Rev.3 code 7786] $11,884
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48
Fixed capacitors designed for use in 50/60 Hz circuits and
having a react [SITC
Rev.3 code 77861] $3,606
Other fixed capacitors [SITC Rev.3 code 77867] $8,278
Elec mch wth indiv funct [SITC Rev.3 code 7787] $11,548
Other electrical machines and apparatus, having individual
functions, n.e [SITC
Rev.3 code 77878] $846
Parts of the electrical machines and apparatus of subgroup
778.7
[SITC Rev.3 code 77879] $10,702
Elect machnery,equip,nes [SITC Rev.3 code 7788] $7,794
Electromagnets; permanent magnets and articles intended to
become
permane [SITC Rev.3 code 77881] $1,496
Parts of the equipment of heading 778.82 [SITC Rev.3 code 77883]
$6,298
INTERPRETATION:
Commodity Trade Value
ELEC MCH APPAR,PARTS,NES [SITC Rev.3 code 77] $3,527,754
ELEC.SWITCH.RELAY.CIRCUT [SITC Rev.3 code 772] $167,626
ELECTR DISTRIBT.EQPT NES [SITC Rev.3 code 773] $132,787
ELECTRO-MEDCL,XRAY EQUIP [SITC Rev.3 code 774] $35,055
DOM.ELEC,NON-ELEC.EQUIPT [SITC Rev.3 code 775] $269
TRANSISTORS,VALVES,ETC. [SITC Rev.3 code 776] $3,099,928
ELECTRIC.MACH.APPART.NES [SITC Rev.3 code 778] $89,632
In the segment of electrical total trade value was $3,527,754.
In sub segment of
ELEC.SWITCH.RELAY.CIRCUT [SITC Rev.3 code 772] total trade value
of $167,626 was
imported by india from morocco. In ELECTR DISTRIBT.EQPT NES
[SITC Rev.3 code
773] having trade value of $132,787 was exported by morocco to
india. In the
segment of ELECTRO-MEDCL,XRAY EQUIP [SITC Rev.3 code 774] total
imported by
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49
India from morocco was $35,055. In segment of
DOM.ELEC,NON-ELEC.EQUIPT [SITC
Rev.3 code 775] total imported value by India was $269. India
imported total value
of $3,099,928 in the segment of TRANSISTORS,VALVES,ETC. [SITC
Rev.3 code 776]
and in the segment of ELECTRIC.MACH.APPART.NES [SITC Rev.3 code
778] total trade
was $89,632 between India and morocco.
From the table it is found that segment with higher trade value
was TRANSISTORS,
VALVES, ETC having total trade value was $3,099,928. And segment
with lower trade
value was DOM.ELEC, NON-ELEC.EQUIPT [SITC Rev.3 code 775] which
is $269. So
morocco should focus on that segment to increase trade with
India.
Electronics equipments imported by India from morocco
Commodity Trade Value
TELECOMM.SOUND EQUIP ETC [SITC Rev.3 code 76] $408,874
SOUND RECORDER,PHONOGRPH [SITC Rev.3 code 763] $404,867
Sound,video recordng etc [SITC Rev.3 code 7638] $404,867
Video-recording or reproducing apparatus, whether or not
incorporating a [SITC
Rev.3 code 76381] $404,867
TELECOMM.EQUIP.PARTS NES [SITC Rev.3 code