The Euro-Med zone concentrates the majority of the regional flows of the Mediterranean basin

All countries

Wednesday 25 April 2018

According to a Coface study, the Euro-Med region, which brings together the Mediterranean countries belonging to the euro area (Portugal, Spain, France, Italy, Slovenia, Greece, Cyprus, Malta), accounts for 79.4% of regional flows of imports and exports compared to 10.1% for the South-Med region (Morocco, Algeria, Tunisia, Libya, Egypt) and 8.4% for the East-Med region (Israel, Turkey, Lebanon) and 2% for the Balkan region ( Albania, Bosnia and Herzegovina, Croatia, Montenegro).

Despite the multiplication of multilateral and bilateral agreements over the past twenty years, the number of protectionist measures (taxes, quotas, etc.) has increased. Since 2012, in the whole of the Mediterranean, 381 net protectionist measures have been put in place, nearly half of which against other countries in the region.

The share of intra-Mediterranean trade changed from 31% of exports in 2001 to 29% in 2016. New trends are appearing in the export structure of the countries of the Mediterranean basin. The Euro-Med region is still the leader in agricultural exports and the South-Med and East-Med regions seem to be moving upmarket in sectors with higher added value (automobiles, chemistry, ICT, etc.).

source : coface fr