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Spain & Morocco
In 2021, goods exported to Spain from the United States totaled USD 16 billion, making Spain the United States’ 22nd largest export market. Spain is the European Union’s fourth largest nation and economy with a population of approximately 47 million people and a GDP of USD 1.4 trillion. Spain leads the way in Europe on Latin America and North Africa, which can provide synergies for U.S. exporters engaged in both Spain and either of these two markets. With sophisticated consumer and industrial sectors, a stable political climate, and a robust judiciary system, Spain remains an important and attractive export market for American goods and services.
The top opportunities for Virginia exporters in Spain include:
- Agricultural Sector
- Computing and Electronics
Morocco is a country of approximately 39 million people located on the northwest coast of Africa. Goods exported to Morocco from the United States in 2021 totaled USD 2.8 billion. The U.S.-Morocco Free Trade Agreement (FTA), signed in 2006, eliminated tariffs on 95% of currently traded consumer and industrial goods. Duties on most qualifying products were phased out by 2016. The FTA stipulates enhanced protection for U.S. intellectual property, including trademarks and digital copyrights, expanded protection for patents and product approval information, as well as tough penalties for piracy and counterfeiting.
The top opportunities for Virginia exporters in Morocco include:
- Agricultural Sector
- Safety and Security
Frequently Asked Questions
Based on past trade missions, we expect 6-10 Virginia companies to participate. The registration process is ongoing until the trade mission is full or the registration deadline has passed.
You must pay the trade mission participation fee of $2,500 to the VEDP at the time of registration. The participation fee includes the following:
- Identifying, contacting and pre-qualifying local distributors, reps and/or partners and organization of your meetings with interested prospects
- A “Doing Business In” briefing on the market(s)
- Your VEDP Trade Mission Leader and in-country consultant on hand during the week to ensure everything runs to plan
- Interpreter if needed
All travel expenses including airfare, hotels, meals, individual ground transportation to be paid directly by each participant. Additional estimated costs you will incur include (but are not limited to):
- Roundtrip airfare
- Hotels (7 nights)
- Airport transfers, taxis, and other miscellaneous items
In most cases, you will be traveling independently to the locations of the local companies with which you are meeting. Because most appointments will be held at the companies’ locations, travel and other logistics may prevent each delegate from having a minimum of 3-4 meetings each day of the trade mission.
For travel between meetings, our consultants will recommend the most effective method of transportation. This will likely be a local car/driver.
If required, interpreters will be provided for meetings and are included in your registration fee.
Airline tickets: You book (and pay for) your own airline ticket via local travel agent or online air travel website. If you do not have a travel agent, the Trade Mission Leader can recommend one for you.
Hotels: VEDP will choose the hotel(s) and make reservations at a pre-negotiated government rate for each delegate. However, delegates will be responsible for their own hotel charges throughout the mission. All delegates will stay at the same hotel in order to facilitate logistics as well as to encourage the interaction and networking that is always a collateral benefit of traveling with a group. You will pay all hotel room charges directly to the hotel.
Contact your local International Trade Manager or the Trade Mission Leader immediately! We only want you to make the trip if we think there is good market potential for your company. We can perform exploratory market research within a short period of time to verify market potential for you.