Morocco’s Exports Surge 10.6%, Boosting Global Market Share and Product Diversity

According to the Report, this Moroccan performance has been much more remarkable on traditional export markets, in particular, Spain and France, where Morocco’s share has increased from 1.27% to 1.74% and from 0.63% to 0.92%, respectively, between 2014 and 2018.

This leap has led to a diversification of the products offered, which, in turn, has also opened the way to a diversification of the export market, which has increased by an average of 1.4% per year between 2000 and 2018, from 149 to 185 markets, notes the same source.

The same Report shows a decrease in the share of the European Union (EU), which has fallen from 75.8% of Morocco’s total exports in 2000 to 66.3% in 2018, while those to non-EU countries have improved.

Here, in particular, we can mention Brazil (from 0.9% to 2.6%), sub-Saharan Africa (from 1.8% to 6.3%) and Turkey (from 0.7% to 2%). As for the main customers, France and Spain, the shares of Moroccan exports are respectively 21.7% and 23.6% in 2018, against 33.5% and 13% in 2000.

Furthermore, it should also be noted that there has been a clear progression in Moroccan exports, particularly in high value-added industrial sectors (automotive, electrical) while the so-called traditional sectors have seen their weight decline significantly (clothing, agricultural products).