Oil products accounted for the largest share of imports, followed by automobile, gas, cable and wires, tractors, transportation and travel. According to Reuters, at the beginning of 2019, automotive sector sales represented 27.6% of Moroccan exports.
The US’s biggest exports to Morocco include petroleum, aerospace and automotive parts, and food products; and the US imports primarily fertilizer, electric machinery, and certain agricultural products from the country.
Economy of Rwanda
|Exports||$1.05 billion (2017 est.)|
|Export goods||coffee, tea, hides, tin ore|
|Main export partners||UAE 38.3% Kenya 15.1% Switzerland 9.9% Democratic Republic of the Congo 9.5% US 4.9% Singapore 4.5% (2017)|
|Imports||$1.922 billion (2017 est.)|
What Are the Major U.S. Imports? Machinery (including computers and hardware) – $386.4 billion. Electrical machinery – $367.1 billion. Vehicles and automobiles – $306.7 billion. Minerals, fuels, and oil – $241.4 billion. Pharmaceuticals – $116.3 billion. Medical equipment and supplies – $93.4 billion.
The major resources of the Moroccan economy are agriculture, phosphate minerals, and tourism. Sales of fish and seafood are important as well. Industry and mining contribute about one-third of the annual GDP.
Moroccan agricultural production also consists of orange, tomatoes, potatoes, olives, and olive oil. High quality agricultural products are usually exported to Europe. Morocco produces enough food for domestic consumption except for grains, sugar, coffee and tea.
The three leading exports are agricultural produce (citrus fruits and market vegetables), semiprocessed goods and consumer goods (including textiles), and phosphates and phosphate products. Major imports are semimanufactures and industrial equipment, crude oil, and food commodities.
Coffee is Rwanda’s main export, accounting for 60% of the countries foreign exchange earnings . Tea accounts for about 30%. Rwanda has a small industrial sector that only employs about 3% of the population. Other than agricultural processing, there is also a brewery.
One reason why Rwanda is poor is its lack of natural resources — the nation is landlocked and contains a mostly rural and agrarian populace. Thirty-five percent of Rwandans practice subsistence farming and some of Rwanda’s main sources of income are through agricultural exports like coffee and tea.
Rwanda is the 19th poorest country in the world with a per capita income of around USD$700. Arsenal is one of the richest football clubs in the world. It’s not surprising therefore that the nearly USD$40 million has upset quite a few people.
Searchable List of China’s Most Valuable Import Products
|Rank||China’s Import Product||2018 Value (US$)|
|1||Integrated circuits/microassemblies||$312.7 billion|
|2||Crude oil||$239.2 billion|
|3||Iron ores, concentrates||$75 billion|
|4||Petroleum gases||$50 billion|
the United States