Fez-Meknes: 73% drop in olive oil exports
Published Sep 22, 2020
Tridge summary
The Economic Watch Council in Fez-Meknes has reported a significant negative impact of the coronavirus pandemic on agricultural exports, particularly olive oil, with a drop of 73% in the sector. However, there has been a positive performance in the exports of dehydrated fruits and vegetables, with a increase of + 80%, along with a 24% increase in carob tree and aromatic and medicinal plants. Other exports such as wine products, wood, juice and drinks have also seen a decline. Morocco's exports to the European market have seen an increase in olive oil, while wine product sales have fallen by 65%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The coronavirus pandemic has had a strong impact on agricultural exports to Fez-Meknes, in particular those of olive oil. In fact, the olive sector remains the sector most affected by the crisis, in the region. According to a study by the Economic Watch Council (CVE) in the Fez-Meknes region reported by Lesecos, the sector recorded a drop in exports of -73% for olive oil. It should be noted that Morocco's exports to the European market have increased from 9,014 to 3,385 tonnes, according to data from the European Commission. On top of that, sales of wine products fell by 65%. Wood, juice and drink ...
Source: Agrimaroc
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