SENSITIVE RISK for enterprise
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
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GDP | USD118.725bn (World Ranking 59, World Bank 2019) |
Population | 36mn (World Ranking 40, World Bank 2019) |
Form of state | Constitutional Monarchy |
Head of government | Saadeddine Othmani (Prime Minister) |
Next elections | 2021, Legislative |
(% of total)
Exports | Rank | Imports |
---|---|---|
Spain
22%
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1 |
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France
19%
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2 |
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India
4%
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3 |
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United States
4%
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4 |
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Italy
4%
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5 |
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(% of total)
Exports | Rank | Imports |
---|---|---|
Electrical machinery (and related)
15%
|
1 |
12%
Petroleum and related products
|
Clothing and apparel
14%
|
2 |
8%
Road vehicles
|
Road vehicles
10%
|
3 |
8%
Electrical machinery (and related)
|
Fertilizers
8%
|
4 |
4%
Cereals, preparations
|
Vehicles Components
5%
|
5 |
4%
Meat
|
Low
Medium
Sensitive
High
Payments
Court proceedings
Insolvency proceedings
Payments
Court proceedings
Insolvency proceedings
The judiciary is a multi-layered system which remains under influence and is critcized for its lack of organisation, efficiency and transparency. Therefore, commencing legal action would be unreasonable in most cases whilst enforcement judgments would be difficult. In all circumstances, entrusting collection specialists with a strong knowledge of the local market remains the wiser approach. Various insolvency proceedings are available in Morocco but these remain complex, slow and mostly inefficient when it comes to collecting debt. |
01 April
The pace of vaccination campaigns will drive a multi-speed recovery, keeping divergence high.
18 December
As 2020 draws to a close and we release our updated forecasts, our economists were caught day dreaming of a world where their boldest wishes would come true.
18 December
The Covid-19 vaccine will supercharge global growth in 2021, but short-term headwinds, and a complete recovery only by 2022, will create transition risks.