Casablanca – Trade between Morocco and other African countries has experienced a significant boost over the past decade, with the total volume rising by 45% from $3.72 billion in 2013 to an impressive $5.43 billion in 2023. This surge highlights the growing strength of Morocco’s economic ties with the African continent, with promising growth prospects ahead.

According to Omar Hejira, Morocco’s Secretary of State for Foreign Trade, exports to African markets reached around $3.38 billion in 2023, doubling compared to a decade ago. This remarkable growth far outpaced the performance of Moroccan exports to other global markets. The bulk of these exports include key products such as fertilizers, fish, automobiles, automotive cables, and food items, which have proven to be in high demand across African markets.

On the import side, Morocco’s purchases from African countries totaled approximately $2.06 billion in 2023. These imports primarily consisted of coal, dates, and plastic materials, reflecting the diversity of trade exchanges between Morocco and its African partners.

A recent study conducted by Morocco’s Ministry of Industry and Trade revealed additional export potential of up to $12.37 billion, with 10% (around $1.24 billion) directed toward African markets. The report highlighted sectors like automotive manufacturing, agri-food industries, textiles and apparel, and mechanical industries, where Morocco could significantly expand its export capacity. This potential includes around 200 products and approximately 1,200 target markets across Africa.

Despite these exciting opportunities, there are certain barriers to further expanding trade with African nations. The most pressing challenge is the lack of efficient transport links between Morocco and several African countries. However, Morocco is addressing this issue by launching a new maritime route connecting Agadir to Dakar, with plans to extend this route to other African nations via land.

Additionally, Morocco is preparing to roll out an online platform that will offer exporters detailed information about African markets and products with export potential. This platform is expected to facilitate access to new trade opportunities, supporting Moroccan businesses as they expand into African markets.

Morocco is also well-positioned to take advantage of the African Continental Free Trade Area (AfCFTA), which now includes 53 member countries, including Morocco, and a consumer base of nearly 1.3 billion people. This agreement opens up a vast and growing market for Moroccan exports, offering significant potential for further diversification and increased trade across the continent.

With these developments, Morocco is on track to enhance its economic footprint in Africa, unlocking new growth opportunities and solidifying its role as a key trade partner on the continent.