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Keywords: Export


Morocco's Trade Deficit Narrows as Import Costs Drop

Morocco's persistent trade deficit is showing signs of improvement as the cost of imports declines while exports continue to rise. According to the latest figures from the Office d'Exchange (OE), the trade imbalance contracted by 14% in March 2024, with import costs falling by 4% year-over-year......

Morocco's Manufacturing Renaissance Propels Export Surge

Morocco's export sector is undergoing a renaissance, driven by growth in key industries like automotive, aerospace, and electronics. This upward trajectory, along with declining imports, has narrowed the country's trade deficit, providing a significant boost to its economy. Data from the Moroccan......

Moroccan Agriculture Thrives Despite Climate Challenges, Boasting 6.2% Growth

Morocco's agricultural sector has demonstrated remarkable resilience despite facing challenging climatic conditions over the past two growing seasons. According to a recent report from the Directorate of Financial Studies and Forecasts (DEPF), the sector achieved a 6.2% increase in value added during......

Morocco, Gastronomic Star at the Salon Gourmets in Madrid

Morocco is poised to make a notable entry onto the European gastronomic scene as the guest of honor at the 37th edition of the prestigious Salon Gourmets in Madrid, from April 22nd to 25th. This inaugural participation marks a significant milestone in the Kingdom's quest to promote its authentic......

Morocco Showcases Abundant Produce at Europe's Premier Trade Fair

Morocco has asserted its prominence among the world's foremost fruit producers this month at the 31st Fruit Logistica Fair in Berlin, held from February 7-9. The country's delegation, representing over 20 years of participation in this premier international event, highlighted Morocco's agricultural......

Expansion of Kenitra Export Zone to Address Increasing Investor Demand

The Moroccan government has recently sanctioned the expansion of the Kenitra export processing zone in response to burgeoning investor interest in the region. In an announcement made on Thursday, following a meeting presided over by Prime Minister Aziz Akhannouch, the government disclosed plans to augment......

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......

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