Morocco-Israel Trade Doubles in One Year

Trade between Israel and Morocco surged by more than 110% between January and May of 2023, compared to the first five months of 2022, reported “The Jerusalem Post”, quoting the Abraham Accords Peace Institute (AAPI).
After the signature of the Abraham Accords in 2020, Morocco, which had severed low-level diplomatic ties with Israel in 2000, followed in the footsteps of UAE and Bahrain and exchanged liaison offices, which were planned to be upgraded to embassies.
Commerce between Israel and the United Arab Emirates increased by about 42% in the first five months of 2023 compared to the same period the previous year, and trade between Israel and Bahrain increased by around 24%.
On this rising tendency in trade between Israel and Abraham Accords partners, David Aaronson, AAPI deputy director for Israel, noted that “The opportunities for Abraham Accords trade have not reached their full potential. In fact, they have only scratched the surface”.