Keywords: Export


Phosphate Trade Surges as Morocco's Export Powerhouse Fuels Growth

Morocco's economic prowess shines brightly through its flourishing phosphate sector, propelling the nation's export figures to unprecedented heights. Recent data from the Foreign Exchange Office vividly illustrates the remarkable growth of this industry, with phosphate and its derivative products......

Oracle Heralds a New Era of Cloud Computing in Africa, Sets Sights on Morocco

In a groundbreaking move that promises to reshape the digital landscape of North Africa, Oracle, a global technology titan, has announced its intention to establish two Oracle Cloud regions in Morocco. This strategic decision positions the kingdom as the first country in the region to host a hyperscaler's......

Morocco's Greenhouse Tomato Exports Surge, Surpassing Expectations in 2024

Morocco's greenhouse tomato export industry has exhibited remarkable resilience, rebounding from initial setbacks and surpassing projections in the first quarter of 2024. Despite enduring a severe drought and record-breaking summer temperatures that impacted the vital Souss-Massa agricultural hub,......

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......