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Keywords: Export


Morocco's Trade Gap Widens to $26.8 Billion Despite Export Growth in Key Sectors

Morocco's international trade performance showed mixed signals through November 2024, as the nation's trade deficit expanded to MAD 275.74 billion ($26.8 billion), marking a 6.5% increase from the previous year's MAD 258.83 billion ($25.1 billion). Trade data from the Exchange Office reveals......

Morocco's Trade Strategy Takes Shape: 524 Proposals Chart Course for 2025-2026

Morocco is making significant strides in reshaping its foreign trade landscape, with 524 proposals now collected for its upcoming 2025-2026 foreign trade roadmap. Secretary of State Omar Hejira, who oversees foreign trade under the Ministry of Industry and Commerce, revealed these developments during......

Morocco's Export Potential to Africa Reaches MAD 12 Billion: New Market Analysis

Morocco's trade prospects with Africa show significant untapped potential, with export opportunities estimated at MAD 12 billion, according to Omar Hejira, Secretary of State to the Minister of Industry and Trade. Speaking at the House of Representatives' question time in Rabat on Monday, Hejira......

Growing Trade Relations Between the United Kingdom and Morocco

The trade relationship between the United Kingdom and Morocco has experienced significant growth over the past year, underscoring the strengthening economic ties between the two nations. According to the UK Department for Business and Trade, bilateral trade reached 48.5 billion Moroccan dirhams (3.8......

Shell Confirms Oil Leak at Bonny Export Terminal, Assures Operations Uninterrupted

The Shell Petroleum Development Company of Nigeria (SPDC) has confirmed an oil leak at the Bonny Oil Export Terminal but reassured that the incident will not disrupt its oil export activities. Gladys Afam-Anadu, SPDC’s Media Relations Manager, stated on Monday that investigations are currently......

Two Arrested for Alleged Role in Deadly Drone Attack on US Forces

Two individuals have been arrested and charged by U.S. authorities for allegedly exporting sensitive technology to Iran, which was later used in a deadly drone attack on U.S. soldiers stationed in Jordan. The attack, carried out by an Iran-backed militia group, resulted in the deaths of three U.S. soldiers......

Tata Group Expands Defense Partnership with Morocco Through Strategic Truck Contract and Manufacturing Facility

India's Tata Group has secured a significant second contract to supply "LPTA 2445 Defence Dump Trucks" to the Royal Moroccan Army (FAR), marking a milestone in the growing defense collaboration between India and Morocco. This new agreement follows the previous delivery of 90 trucks configured......

China Launches Antitrust Probe into Nvidia Amid Tech Rivalry

China's Administration for Market Regulation has initiated an antitrust investigation into Nvidia, the world's top AI processor provider, amid the escalating U.S.-China technological competition in the AI sector, which both countries consider crucial for national security, according to Chinese......

 China Responds to US Efforts to Block Access to Semiconductor Technology

In a growing geopolitical and economic struggle, China has strongly criticized the United States for implementing new export controls aimed at limiting Beijing’s access to advanced semiconductor technology. The measures, announced by the outgoing Biden administration, target the sale of semiconductor-making......

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