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mercredi, novembre 20, 2024

Moroccan wealth

The traditional industries and crafts sector is considered one of the most important sectors on which the economies of different countries depend in order to achieve wealth, create jobs and provide financial revenues. In addition to the cultural dimension, the cultural aspect, and the historical extension of traditional industries in the history of nations and societies, The positive economic effects that this sector has achieved in the countries of the world has prompted attention to it in Morocco in terms of legal framing and providing financial support, training and qualification for craftsmen of various types to create work positions for more than two million people, which is equivalent to about 20% of the economically active population.

This highlights the economic importance of the sector and imposes the necessity of its development and support to contribute more to local and national economic development.
Morocco’s exports in the field of handicrafts have also witnessed a steady recovery in the past years. The growth of those exports increased by about 20%, and their revenues reached about $ 6 million in recent years. Europe is the largest external market for this sector, as the percentage of exports to it increased by more than 1 5% in 201 8, compared to 2017.

France leads the list of countries importing Moroccan handicraft products with a growth rate estimated at 51 percent, followed by Italy by 4%, while the United States ranks third, and its share rose to 24% in 201 8, then Spain by 1 6%, and positive growth continued.
Exports of Moroccan handicraft products to other countries, especially the United States of America and the Arab countries, grew at rates of 32% and 17%, respectively, while Canada, on its part, showed a positive development of 1 5%.

Moroccan traditional industry has confirmed its presence and excellence in organizing international exhibitions over the past years.

The latter is considered an important marketing tool that helps promote business, and it has proven highly effective in raising awareness about the products and works of Moroccan craftsmen.

The sons of the Moroccan community residing abroad have become an important force in the Moroccan economic and financial fabric, and they have social and economic needs that must be the focus of all programs directed to them.

The meetings it allows, directly with immigrants, and the spaces it provides for discussion
And identifying the quality of demand for Moroccan traditional industrial products, as well as extrapolating the conditions of quality, shape and designs required, and this is what comes through such exhibitions and demonstrations that allow the display of Moroccan traditional products in the face of the Moroccan community residing abroad, as well as Canadian and American citizens, and in the face of investors and men Businesses and owners of American and Canadian import and export companies.

Especially since Morocco is the economic gateway to Africa.

The President of the Moroccan Chamber of Industry and Commerce in Canada affirmed, The Chamber strives to open Moroccan markets to Canadian investors and vice versa, as well as work to finance development programs in a number of remote Moroccan villages, without neglecting the creation of social, cultural and recreational activities for the benefit of the members of the Moroccan community in Canada, which would fuel their connection with their mother country.

Meanwhile, the Moroccan immigrants who visited these exhibitions stressed that they are in dire need of demonstrations of this kind and level to communicate with each other, which is an opportunity to introduce their children to their country, Morocco, and its economic and investment opportunities.

Especially since the members of the Moroccan community residing abroad have become an important force in the Moroccan economic and financial fabric, and that they have social and economic needs that must be the focus of all programs directed to them.

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