Economy
Morocco's trade deficit has expanded considerably in the first half of 2025, climbing to MAD 161.86 billion ($17.81 billion) compared to the same period last year, according to recent data from the Foreign Exchange Office. This increase of 18.4% is attributed to a faster rise in imports relative......
Thousands of Spanish drivers are flocking to Morocco for vehicle repairs, drawn by dramatically lower costs for labor and parts. The trend has grown rapidly as drivers combine holidays with essential maintenance, capitalizing on Morocco’s affordable and efficient automotive services. A booming......
Morocco’s beer production has experienced a notable decline, positioning the country as a modest player in regional and global beer markets. A recent report by BarthHaas, a leading global hops supplier, revealed that Morocco produced 818,000 hectoliters of beer in 2024, a drop from 835,000 hectoliters......
Morocco has taken a major step toward transforming its aviation sector with the signing of a $3.7 billion agreement to upgrade and expand the country’s airport infrastructure. The deal, signed by Prime Minister Aziz Akhannouch and the National Airports Authority (ONDA), outlines an ambitious five-year......
Tanger Med, Morocco's largest port and a critical logistics hub in the Mediterranean region, has unveiled a $500 million (MAD 5 billion) project to expand its dedicated truck terminal. The initiative aims to double the terminal's capacity, aligning with the surge in Morocco's trade activity,......
Renault’s Tangier factory marked a major milestone on Friday with the production of the 2,000th Mobilize DUO, Morocco’s first fully electric quadricycle. This innovative vehicle, tailored for urban mobility, represents a significant step forward in Morocco’s transition to sustainable......
Morocco, the world leader in sardine canning, is grappling with an unprecedented crisis that endangers both its industrial foundations and the livelihoods of thousands of workers. The sector, which has long been a pillar of the national economy, is now under severe strain due to structural imbalances,......
Moroccan ports handled 60.8 million tonnes of commercial traffic in the first quarter of 2025, reflecting a 10.2% year-on-year increase, according to the Directorate of Studies and Financial Forecasts. This growth underscores Morocco’s expanding role as a global logistics and trade hub. Transshipment......
The National Railway Office (ONCF) has rolled out its “Summer 2025” plan to handle the surge in passenger traffic during the peak travel season. Running from June 23 to September 14, the initiative aims to enhance travel experiences for domestic passengers, Moroccan expatriates, and tourists......
Morocco’s cost of living experienced a modest decline in May, providing temporary relief to households following months of price instability. However, year-on-year inflation continues to weigh on budgets, highlighting the ongoing financial strain faced by many families. Monthly dip driven by food......
Morocco is preparing to reassess its free trade agreement (FTA) with Turkiye as it seeks to address a growing trade deficit, which has reached alarming levels due to significant imports of Turkish textiles and fabrics. According to sources close to the matter, Moroccan officials aim to push for increased......
Morocco and the United States have strengthened their customs cooperation by signing a new bilateral Container Security Initiative (CSI) agreement in Rabat. This initiative aims to enhance cargo security while facilitating the increasing volume of trade between the two nations. The agreement, which......
Morocco is solidifying its status as a global leader in the aerospace industry, with 150 companies operating nationwide and generating an annual revenue of €2.5 billion. The sector currently employs 26,000 professionals and is poised for significant expansion in the coming years. A growing aerospace......
