In 2005, Morocco launched a $2 billion social development project to combat poverty and unemployment that has helped enhance the living conditions of Moroccans in recent years. The 2005 Free Trade Agreement (FTA) with the U.S. has provided Morocco more access to the global market, leading to a significant growth in their imports.
In 2008, Morocco boasted a stable economy with $137.4 billion in GDP and a growth rate of more of 5%. That same year, the export of U.S. consumer-oriented products increased by 208% from the previous year. Currently, the U.S. is Morocco’s 7th largest importing partner, accounting for more than 5% of its total imports. Products that are in high demand include dried fruit and nuts, dairy products such as whey, dried skim milk powder, and cheese, butter, pulses, dried beans, peas, health and diet products, seafood products, and snack foods.