France still Morocco's top commercial partner, diplomat

Trade exchanges between Morocco and France totalled 16 billion French Francs in 1999, maintaining France as Morocco's top commercial partner, French ambassador to Morocco, Michel de Bonnecorse, said.

France holds 26% of the Moroccan market ahead of Spain (10.5%), the United States (9%), Germany (7%) and Italy (5.5%), De Bonnecorse told the monthly bulletin of the French trade and industry chamber in Morocco.

France is Morocco's first client, with 35.5% of Morocco's exports going to the French market. Spain comes in the second position, absorbing 10.4% of Moroccan sales to foreign countries, followed by Great Britain (9%), Germany (5.5%) and Italy (4.5%), the diplomat said, adding that French firms are strongly represented in Morocco.