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Yes Africa > Blog > Africa Development > Morocco identifies export opportunities worth MAD 12 Billion in Africa
Africa DevelopmentEconomy

Morocco identifies export opportunities worth MAD 12 Billion in Africa

Oluwatobi Adebayo
Last updated: 2025/01/02 at 2:14 PM
Oluwatobi Adebayo
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Morocco has identified MAD 12 billion (USD 1.18 billion) in untapped export opportunities in African markets, as announced by Secretary of State for Foreign Trade Omar Hejira.

Speaking at the House of Representatives, Hejira revealed insights from research highlighting 60 potential investment projects designed to enhance Morocco’s export footprint across the continent.

Hejira emphasized Africa’s vast potential as a market, with its 1.3 billion consumers, urging Moroccan exporters, particularly small and medium-sized enterprises (SMEs), to explore these opportunities.

In 2023, Morocco’s exports to African countries represented 7.6% of its total exports, with trade volume rising from MAD 36.3 billion to MAD 52.7 billion. Phosphates and derivatives account for two-thirds of Moroccan exports to Africa. Other significant contributions include fisheries products (36%), automobiles (38%), leather goods (36%), textiles and clothing (2%), and electrical equipment (19.5%).

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These figures highlight the diversity of Morocco’s export sectors and their potential to grow in African markets.

To further boost trade relations, Hejira announced plans for a trade fair at the end of 2025, showcasing Moroccan export goods. The event will feature a dedicated section for African products to foster mutual trade complementarity and align with Morocco’s broader vision for South-South cooperation.

Morocco’s return to the African Union (AU) in 2017 has bolstered its policy of strengthening economic and diplomatic ties with African nations. Through various initiatives and partnerships, the country has positioned itself as a leading model of diplomacy and economic cooperation in the region.

By leveraging its strategic position and historical ties with African countries, Morocco continues to expand its influence on the continent. This renewed focus on African markets reflects the country’s commitment to deepening trade relations and supporting economic integration across Africa, in line with its royal vision for shared prosperity.

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TAGGED: morocco, Trending News
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