# Morocco’s Phosphate Revenues Grow by $1.5 Billion in Past Ten Years

> Morocco's phosphate revenues rose from $4.2 billion in 2011 to about $5.7 billion in 2020, according to Moroccan Foreign Exchange Office data. The country holds large phosphate reserves and OCP remains the world's leading phosphate exporter.

- Date: 2021-08-26 · published 2021-08-26T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/45881-morocco-s-phosphate-revenues-grow-by-1-5-billion-in-past-ten-years
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

This is a background piece on Morocco's dominant phosphate position with no new supply shock, so it has little direct price impact.

## Read by commodity

- PHOSROCK: neutral

## Sources

- moroccoworldnews.com: https://www.moroccoworldnews.com/2021/08/55746/moroccos-phosphate-revenues-grow-by-1-5-billion-in-past-ten-years/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.