Morocco’s Manufacturing Sector Plunges 21% Amid COVID-19 Lockdowns

13 September 2020 – byJérôme · 1 min read

The index of production of manufacturing industries excluding oil refining fell by 21.4% in the second quarter of 2020 compared to the same period in 2019. This is the consequence of the widespread lockdown in force in Morocco as well as in the majority of partner countries.

According to an information note from the High Commission for Planning (HCP) on the index of industrial, energy and mining production (IPIEM) for the 2nd quarter of 2020, the picture of this underperformance is as follows:

• Production of the automotive industry branches: - 57.1%
• Manufacture of other non-metallic mineral products: - 31.5%
• Clothing industry: - 37.4%
• Textile manufacturing: - 44.7%
• Metallurgy: - 48.3%
• Manufacture of rubber and plastic products: - 48.1%
• Manufacture of electrical equipment: - 42.4%
• Manufacture of metal products: - 49.8%
• Leather and footwear industry: - 43%
• Wood industry: - 62.5%
• Production of extraction of metallic ores: - 8.2%
• Electricity production: - 12.7%

On the other hand, the HCP reports an increase for:

• Chemical industry: + 3.3%
• Production of extractive industries: + 7.6%
• Other extractive industries: + 8.2%

Category: Economy

Keywords:

Automobile Oil Revenue Industry Gas Deficit Coronavirus in Morocco (Covid-19)