Morocco’s automotive exports reached 21.6 billion dirhams (1.9 billion euros) at the end of February, an increase of nearly 50% (40.5%) compared to the same period in 2022.
Morocco is forced to restrict its tomato exports due to high domestic prices. Cherry tomatoes are not affected by the restrictions.
Morocco has recorded a record increase in its avocado exports by volume during the season and could repeat the feat during the 2022/23 season (July-June).
Morocco is able to multiply its Moroccan exports of construction materials by six. This is the conclusion of a study carried out by the Office des changes.
Morocco has quadrupled its exports of frozen raspberries to the European Union (EU) in two years, going from 3,600 tons in 2020 to 16,700 tons in 2022.
In 2022, Morocco became the second largest supplier of tomatoes to the European market, ahead of Spain. The kingdom has increased its tomato exports by 71.33% over the past ten years, while the Netherlands and Spain have reduced them by 25.22% and 28.42% respectively.
Moroccan exports to China have seen a strong increase in 2022. Electrical and related industrial equipment, minerals and textiles and leather products are in the top 3.
With its gas reserves estimated at 39 billion cubic meters and the new projects being implemented, Morocco could become a major gas exporter in Africa.
The market for Moroccan handicraft products continues to gain popularity abroad. Exports have experienced a staggering growth of 39% in January 2023, generating revenues of around 95 million dirhams.
Spanish wine exports (in bulk) to Morocco have increased significantly in 2022 (+9.2 million liters). In total, Spanish wine exports reached a record turnover of 2.9 billion euros, an increase of 89.6 million compared to 2021.
Morocco has announced a series of measures to fight inflation and stabilize food prices, particularly for fruits and vegetables, before the start of the month of Ramadan. These measures include restricting the export of these products , as well as strengthening price controls and fighting speculation.
The Spanish Ministry of Industry, Commerce and Tourism has encouraged companies affected by the suspension of trade relations decided by Algeria in reaction to the change in position on the Sahara, to "change countries" or turn to other countries like Morocco.