Morocco Textile And Clothing Industry Exhibition

- Oct 19, 2017 -

  The biggest advantage of Morocco's textile industry is that most of its textiles and excipients, or even the import of finished products, are duty-free. The Moroccan government hopes to accelerate the import of raw materials through tariff-free policies to improve the speed and production of finished products and increase exports. The policy also attracted a large number of African and European manufacturers, traders came to Morocco international trade fair to purchase, to trade, or to build factories in Morocco. In recent years, the Moroccan government has also fully opened its investment in foreign investment, and many of its policies support European enterprises, which are currently the largest investors in the country's textile industry.

   The textile and clothing industry is the second most important pillar industry in Morocco, producing 9 percent of the country's gross domestic product each year, accounting for 25 percent of total industrial production. In addition, the textile and clothing industries also provide more than 220,000 jobs for Morocco, accounting for about 42 percent of the total urban employment in the country.
Morocco is an important country in the economic circle of the Mediterranean. It has preferential trade agreements with the European Union and exports of its textile and clothing products to the eu. In 2005, Morocco signed a free trade agreement with the United States, and textile and clothing products are among the duty-free products stipulated in the agreement.

   Morocco's garment industry is developed, but the foundation of the textile industry is weak, and the market of Chinese textile enterprises in Morocco is very promising. In recent years, China's exports of yarn and cotton fabrics to Morocco and other north African countries have maintained steady growth. Second, Morocco local market consumption ability is not big, but in Morocco, for springboard develop the European market, not only can avoid the eu quotas, can enjoy more by the European Union between Morocco and reduce the cost of convenience brought about by the tariff abolition.

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