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Morocco's Automotive Export Boom Surges 27%, Reaching $13.9 Billion in 2023

Morocco's automotive industry is experiencing rapid acceleration, evidenced by a remarkable 27% surge in exports in 2023, reaching $13.9 billion, as reported by the nation's foreign trade regulator. The North African kingdom has firmly established itself as a continental leader in car manufacturing,......

Morocco's Trade Deficit Contracts with Rising Export Values and Falling Import Costs

Morocco's trade deficit, a longstanding concern, is displaying promising signs of improvement as the nation experiences a convergence of factors including a decrease in energy and food prices alongside an increase in export values. According to a recent report from Morocco's Office des Changes,......

Strengthening Partnerships: Visiting Moroccan Citrus Growers

Morocco plays a pivotal role as a major citrus supplier for the northern hemisphere from December to June. For U.S. importers like Salix Fruits, fostering robust relationships with Moroccan growers is essential. Vince Biasibetti, Executive Sales for Salix Fruits USA, recently undertook a visit to Moroccan......

Bumper Avocado Crop in Morocco Comes at a Price

Morocco is poised for a significant boost in its avocado harvest this season, anticipating a nationwide production increase of 2%. However, this abundance is not without its challenges, including smaller fruit sizes and the potential for surpluses that could lead to a decline in prices. During the October-April......

2023: A Remarkable Year for Morocco's Automotive Industry

In a dazzling display of growth and significant advancements, Morocco's automotive industry has soared to unprecedented heights, marking an exceptional year for the sector. According to the monthly indicators of foreign trade by the Office des Changes, automotive sales witnessed a staggering 30.5%......

Olive Harvest in Morocco's Oriental Region Declines by 17%, Yet Remains a Key Economic Driver

Despite an expected 17% reduction in olive production during the 2023-2024 season, Morocco's Oriental region continues to be a significant producer, projecting a harvest of 208,000 metric tons of olives. Unfavorable weather conditions have adversely affected yields, leading to increased production......

Morocco Unveils Three Programs to Enhance Competitiveness in the Craft Industry

The Moroccan Ministry of Tourism, Handicrafts, and Social and Solidarity Economy has introduced three ambitious programs with the aim of fortifying the competitiveness of participants in the country's artisanal sector. These initiatives are seen as integral components of the government's overarching......