Morocco cuts wheat import duties

23/09/2019,

The Government recently announced the cut of custom duties on soft wheat from 135 percent, set in May this year (FPMA Food Policies) to 35 percent starting from 1 October. The country revises the duties on a periodic basis depending on the supply/demand situation in the country. The 2019 wheat harvest, completed in July, is estimated at over 60 percent below the previous year’s abundant harvest and over 30 percent below average due to severe dry weather earlier in the season and high temperatures during the critical stages of crop development. The downward revision of the duty aims to ensure regular supplies of good quality wheat from the international market and prevent price hikes of non-subsidized wheat products. The European Union and the Black Sea region supply most of the common soft wheat.

Country: Morocco