For Miami International Airport (MIA), the signing of the US – Morocco Free Trade Agreement signaled the promise of further development and importantly, further facilitation of trade and commerce. Since that nation’s flag carrier airline, Royal Air Maroc (RAM), commenced service to Miami from Casablanca in 2019, trade figures have grown substantially at MIA. During 2019, two-way air trade between Morocco and Miami grew 37 percent in volume and over 15 percent in value, amounting to $16.6 million in imports and exports, as compared to the previous year. Both imports and exports reveal a healthy mix of commodities both in the manufactured goods and high technologies arenas. Exports included aeronautical equipment, scientific instruments, industrial and commercial machinery, as well as the presently booming commodities making up the pharmaceutical category of goods.
Chris Mangos
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US – Morocco Free Trade Agreement signaled the promise of further development and facilitation of trade and commerce
Jun 24, 2020 3:04:10 PM / by Chris Mangos posted in Industry News, June 2020