Moscow's food exports to Morocco grew 4.5 times in January-August 2020

Published 2020년 10월 26일

Tridge summary

Russian agricultural exports to Morocco have seen a significant increase, with a 4.5 times rise from January to August 2020 compared to the same period in the previous year, totaling $60 million. This surge is largely due to an agreement between Russia and Morocco on the export of plant products and food items not requiring mandatory veterinary certification. The Mosprom Export Support Center in Moscow has identified confectionery products as a particularly promising export category, with potential revenues reaching up to $1 million. The Moroccan market, with an estimated food consumption value of $22 billion, presents a significant opportunity for Russian producers, especially those offering halal products and goods free from Genetically Modified Organisms (GMOs), as these factors are important to Moroccan consumers. The Mosprom Center is supporting Moscow companies in entering the Moroccan market by identifying potential partners, negotiating with buyers, and analyzing target markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

MOSCOW, October 23. / TASS /. Moscow's agricultural exports to Morocco from January to August 2020 increased 4.5 times compared to the same period last year. This was announced on Friday to TASS by the head of the Moscow Department of Investment and Industrial Policy of the city, Alexander Prokhorov. “Moscow's food exports to Morocco [January to August] 2020 amounted to $ 60 million,” he said. Earlier, Rosselkhoznadzor and the Moroccan National Agency for Sanitary Food Safety signed an agreement on the entry into force of a sanitary certificate for the export of Russian plant products, as well as food products that are not subject to the requirement for mandatory veterinary certification. According to experts from the Mosprom Export Support Center, one of the most promising areas for the capital's producers is the export of confectionery products. These are chocolates, waffles, chocolate products in briquettes, plates or plates without filling, cookies and various flour ...
Source: Kvedomosti

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