Spanish exports to Morocco have steadily increased over the past five years, with a record high in 2024, while Morocco also remains a key supplier to Spain. Both countries continue to deepen their economic ties, with Spain being Morocco's largest EU trade partner and significant investor, and Morocco growing as a supplier and client in Spain's global trade.
Morocco's diplomatic victories have led to economic consequences for the Algerian population. Algiers has chosen to impose trade restrictions on France over its recognition of Morocco's sovereignty over the Sahara.