NationMaster - Sahrawi-Sahrawian-Sahraouian Economy statistics

Agriculture > products fruits and vegetables (grown in the few oases); camels, sheep, goats (kept by nomads)
Currency	Moroccan dirham
Currency code	MAD
Economy > Overview Western Sahara depends on pastoral nomadism, fishing, and phosphate mining as the principal sources of income for the population. The territory lacks sufficient rainfall for sustainable agricultural production, and most of the food for the urban population must be imported. Incomes in Western Sahara are substantially below the Moroccan level. The Moroccan Government controls all trade and other economic activities in Western Sahara. Morocco and the EU signed a four-year agreement in July 2006 allowing European vessels to fish off the coast of Morocco, including the disputed waters off the coast of Western Sahara. Moroccan energy interests in 2001 signed contracts to explore for oil off the coast of Western Sahara, which has angered the Polisario. However, in 2006, the Polisario awarded similar exploration licenses in the disputed territory, which would come into force if Morocco and the Polisario resolve their dispute over Western Sahara.
Exchange rates Moroccan dirhams per US dollar - 8.868 (2004), 9.5744 (2003), 11.0206 (2002), 11.303 (2001), 10.6256 (2000)
Exchange rates > 2001	96	[96th of 214]
Exchange rates > 2002	97	[97th of 214]
Exchange rates > 2003	96	[96th of 213]
Exchange rates > 2004	95	[95th of 211]
Exports > Commodities	phosphates 62%
Exports > Partners Morocco claims and administers Western Sahara, so trade partners are included in overall Moroccan accounts (2006)
Exports to US	$218.00	[218th of 224]
Fiscal year	calendar year
Imports > Commodities fuel for fishing fleet, foodstuffs
Imports > Partners Morocco claims and administers Western Sahara, so trade partners are included in overall Moroccan accounts (2006)
Industries phosphate mining, handicrafts
Trade balance with US	$99.00	[99th of 224]
Trade with US > US exports of furniture, household goods, etc	185	[185th of 202]
Trade with US > US exports of plastic materials	188	[188th of 207]
Trade with US > US exports of toiletries and cosmetics	180	[180th of 197]

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SOURCES: ; The national medium of exchange and its basic sub-unit. ; The International Organization for Standardization (ISO) 4217 alphabetic currency code for each country. ; This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends. ; The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.; Exchange rate (national currency units per US dollar), 2001 ; Exchange rate (national currency units per US dollar), 2002 ; Exchange rate (national currency units per US dollar), 2003 ; Exchange rate (national currency units per US dollar), 2004 ; A rank ordering of exported products starting with the most important; it sometimes includes the percent of total dollar value. ; A rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value ; in US dollars. Jan 2003 - March 2003; The beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but which may begin in any month. All yearly references are for the calendar year (CY) unless indicated as a noncalendar fiscal year (FY). ; A rank ordering of imported products starting with the most important; it sometimes includes the percent of total dollar value. ; A rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value. ; A rank ordering of industries starting with the largest by value of annual output. ; In US dollars. Jan 2003 - March 2003; US exports of furniture, household goods, etc., USD Thousands, 2004; US exports of plastic materials, USD Thousands, 2004; US exports of toiletries and cosmetics, USD Thousands, 2004

ALTERNATIVE NAMES: Western Sahara, sahara

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