The international trade between Morocco and Israel has continue to increase in 2024, despite Israel’s ongoing war in Gaza.
The latest data from the Abraham Institute for Peace Agreements, trade between the two nations reached $8.5 million in June 2024, a dramatic 124% increase compared to June 2023.
Over the first six months of 2024, bilateral trade totaled $53.2 million, marking a 64% rise from the same period last year.
This significant increase in trade comes at a time when the Israeli Occupation Forces (IOF) are conducting genocide acts towards Palestinians has drawn widespread condemnation from the international community, including many within Morocco.
The genocide, now dragging into its tenth month, has resulted in a total humanitarian disaster, with thousands of Palestinian civilians caught in the IOF crossfire. In this context, the burgeoning economic relationship between Morocco and Israel is both notable and controversial.
It was gathered that trade between Israel and the UAE also reached $271.9 million in June 2024, a modest 5% increase from June 2023. However, this growth pales in comparison to the spike seen in Morocco-Israel trade, prompting further scrutiny of Morocco’s unique position within the Abraham Accords framework.
