Economy



Olive Oil: Spanish Imports from Morocco Surge Dramatically

Spain, the world's leading producer of olive oil, has significantly increased its purchases from Morocco in the first half of 2026. The volumes imported remain modest on the scale of the Spanish market, but their year-on-year growth is remarkable and illustrates the evolution of trade between the two......

Morocco–United States: Rising Freight Costs Challenge Logistics Competitiveness

The new increase announced by CMA CGM for shipments to the United States will add to the logistics costs for Moroccan exporters starting September 2026. However, this pressure on maritime transport does not undermine the Kingdom's main competitive advantages: a leading port platform around Tanger Med,......

The Yen Soars: What Risks for the Dirham and the Moroccan Economy?

A rapid surge in the Japanese currency could trigger a massive unwinding of positions financed in yen and reignite tensions in international markets. While Morocco remains relatively insulated from the mechanics of the "carry trade," it could nonetheless feel the repercussions of a global risk aversion......

Moroccan Dirham: Why the Dollar Declined by 0.16% Against the MAD

The USD/MAD pair continued its decline during the week of August 10 to 14, 2026, in a context marked by favorable liquidity effects for the dirham. According to data from Attijari Global Research (AGR), the dollar decreased by 0.16% against the Moroccan currency, settling at 9.30 dirhams.Dirham Supported......

Moroccan Automotive Market: Sales Surge by 15.7% by the End of July 2026

The Moroccan automotive market continues on a positive trajectory in 2026. By the end of July, new vehicle sales reached 152,486 units, compared to 131,739 during the same period in 2025, marking an increase of 15.7%, according to data from the Association of Vehicle Importers in Morocco (AIVAM). Solid......

Morocco-Germany: why industrial exchanges are reaching a new dimension

The economic relationship between Morocco and Germany is taking a new step forward. In 2025, German exports to the Kingdom reached nearly 3.9 billion euros, marking an increase of about 12% year-on-year. This development confirms Morocco's growing importance in Germany's trade with Africa and illustrates......

Tangier Med warns of peak return traffic during Marhaba 2026

Tangier Med Port is preparing for a significant increase in traffic as thousands of Moroccans living abroad return to their countries of residence during the second phase of Operation Marhaba 2026. The return operation is currently proceeding under generally favorable conditions, supported by a series......

Moroccan phosphate industry faces cadmium challenge while strengthening its position in Europe

Morocco’s phosphate industry is facing growing pressure to reduce cadmium levels in fertilizers exported to European markets, as regulators and consumers pay increasing attention to the metal’s potential health and environmental risks. Natural phosphate can contain cadmium, which may enter......

Tanger Med prepares a new expansion to strengthen its global transshipment position

Tanger Med is preparing a new western expansion aimed at increasing the port complex’s capacity and supporting the continued growth of container traffic. Preliminary procedures are already underway for infrastructure works involving the modification and extension of drainage channels as part of......

Global fertilizer disruptions create new opportunities for Morocco in European markets

Growing instability in the global fertilizer industry is creating new opportunities for Morocco to strengthen its position in European agricultural markets. Geopolitical tensions, higher production costs and disruptions to international trade have placed additional pressure on fertilizer supplies, encouraging......

Bank Al-Maghrib issues a 250-dirham commemorative coin for King Mohammed VI’s 63rd birthday

Bank Al-Maghrib has issued a new commemorative silver coin with a face value of 250 dirhams to mark the 63rd birthday of King Mohammed VI. The release combines monetary design with national symbolism and reflects Morocco’s long-standing tradition of commemorative coinage. The obverse features......

Accuracy Advises A.P. Moller Capital on Its Majority Stake Acquisition in Globex in Morocco

The international financial and strategic consulting firm Accuracy has advised A.P. Moller Capital in its project to acquire a majority stake in Globex, a Moroccan operator affiliated with FedEx. This operation strengthens investors' interest in transport and logistics activities in Morocco and, more......

Morocco-Turkey: Turkish Exports Exceed 2.4 Billion Dollars in Seven Months

Morocco confirms its significance in trade between Turkey and the African continent. In the first seven months of 2026, Turkish exports to the Kingdom reached 2.43 billion dollars, marking an 11.7% increase compared to the same period last year. These figures, communicated by the Turkish Foreign Economic......

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