“Alternatives within the Israeli Market” is the title of the webinar organized by the Affiliation of Moroccan Exporters (ASMEX) in partnership with the Moroccan Company for the Growth of Investments and Exports (AMDIE) on Tuesday, January 10, 2023, with the participation of the Israel Liaison Workplace in Morocco, Ministry Business and Commerce of Morocco and the Federation of Israeli Chambers of Commerce.

This assembly is a part of a technique to help ASMEX member firms to watch extra intently the varied funding and export alternatives supplied by the 2 international locations in numerous sectors, specifically agri-food, textiles, marine fisheries, well being, security, business…

For Hassan Sentisi, President of ASMEX, “the Israeli market is likely one of the most effective markets within the Center East, which continues to draw traders two years after the bilateral settlement on connectivity between the 2 international locations. The primary goal of this digital assembly is to current a full vary of data providers that enable firms to obtain help in defining their industrial methods, in addition to to disclose enterprise alternatives to be exploited on the degree of the Israeli market. This webinar shall be adopted by a B2B mission to Tel Aviv from February 27 to March 1 to permit Israeli contractors and operators to satisfy and set up mutually helpful partnerships.

For its half, AMDI was represented by the top of the Division of Digital Aeronautics and House, Maryam Kabbaj, who famous that the quantity of commerce carried out on the daybreak of two years of the diplomatic settlement is estimated at 130 million {dollars}. . The quantity of exchanges is consistently evolving, influencing commerce and analysis and improvement, via Business 4.0, the pharmaceutical business, the agri-food business… A quantity that’s set to quadruple within the coming years.

The identical statement from the Ministry of Business and Commerce. Youssef Zahoui, Head of Commerce Relations with Europe, famous in his speech the optimistic and lasting impression of the standardization of bilateral relations between Morocco and Israel on the economies of the 2 international locations. He didn’t fail to spotlight the expansion of imports and exports between the 2 markets, which is estimated at greater than 203% of exports between 2014 and 2021, and a surge of imports from +59% in 2021 in comparison with the identical base yr.

It ought to be famous that Morocco monopolizes a good portion of Israeli imports with demand distributed as follows: 84% citrus, contemporary or dried, 43% sardines and sardinella, 54% couscous class, 42% handmade tapestries. woven, 37% of canned mackerel and sardines, and 49% of the market share in imports
coats, capes and the like. This isn’t to say Morocco’s honest ambitions to develop exports to Israel of phosphates and derivatives, chemical substances and parachemicals, the seafood processing business and plenty of different sectors.

Because of this and following the keenness of traders, Israel plans to open a commerce workplace in Morocco in 2023. In his speech, Zeev Lavi, Vice President of the Federation of Israeli Chambers of Commerce (FICC), famous Israel’s honest and direct deal with the event of bilateral commerce, due to Moroccan investments, spurred by earlier than that, the historic, cultural and financial ties between the 2 international locations.

He additionally listed the numerous benefits that this nation presents to Moroccan traders, specifically its robust demographic development with:
∙ Greater than 9 million inhabitants and an estimated 17 million inhabitants by 2050;
∙ Robust and developed economic system: Israel is positioned because the twenty ninth largest economic system on this planet in 2022 with a development charge of 5.5%.
∙ Excessive buying energy.
∙ Wealthy and sustainable economic system: Israel is the 51st exporting nation on this planet and the forty third importing nation.
∙ Robust presence of main retailers and types in Israel.
∙ Easy and assured logistics.

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