Trading Resources with Morocco

            

               Morocco has created a strong supply in their natural resources, which the land gives to the people. One of the key natural resources used today is phosphate. In the 1970s, the people of Morocco came into possession of the land that supplied the phosphate that was in much need. The phosphate allows people to fertilize the ground in order to grow crops and feed many animals. The lands phosphate also constitutes for around a third of their foreign trade. Furthermore, Morocco is in great need for basic energy such as oil and gas. The land has no oil or gas and because of this Morocco imports most of their oil and gas from other countries. However, Morocco is home to one of the most important energy source, which is the sun. The energy of the sun allows the land to be highly plentiful in order to provide for many important sources. The sun can also allow the growth of many of the exports from the land such as tomatoes, oranges, and olives. Morocco also exports many other goods including canned vegetables and fruits. The sun has allowed many of the exports being provided in order to help the economy grow stronger. In fact, the growth of the economy for Morocco has increased annually at about four percent. The exports that Morocco provides is growing list and a long one including cars, minerals, petroleum, and much more. Morocco trades their exports with many countries such as France, Brazil, Belgium-Luxembourg, and Italy. However, Morocco’s biggest export and import is the country of Spain. France, the United States, China, and Saudi Arabia are the following countries who provide imports to the country of Morocco. The country of Morocco takes pride in their increasing rates of exporting and importing. The natural resource of the sun has never changed, but country hasn’t changed in their resources or trade since the 1970s. Morocco as whole has increased in their natural resources and trade in order for the country to grow within the economy.

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“Morocco.” The Observatory of Economic Complexity (2013). 9 Feb. 2016. http://atlas.media.mit.edu/en/profile/country/mar/

“Economy and Industry.” Our Africa. 9 Feb. 2016. http://www.our-africa.org/morocco/economy-industry  

“Big Harvest Boosts Moroccan Economy.” Boise Weekly (29 July 2009) 9 Feb. 2016. http://www.boiseweekly.com/boise/big-harvest-boosts-moroccan-economy/Content?oid=1120714