Morocco has been listed among the most promising markets for Italian exports and investment in 2026, according to a report by Italy’s export credit agency SACE.
The agency analysed 200 international markets to help Italian businesses understand economic trends, trade opportunities and political risks. Morocco was highlighted alongside the United Arab Emirates, Saudi Arabia, India, Brazil and Turkey as countries offering strong potential for Italian companies.
In the report, Morocco scored 78 out of 100 on the export opportunity index and 68 out of 100 on the investment index.
SACE said the economic outlook in North Africa remains generally positive, especially for countries with strong export sectors such as Morocco and Egypt. Other countries in the region, including Tunisia and Libya, are still facing economic and political uncertainty.
Despite global geopolitical tensions, the agency said international trade has been more resilient than expected. Faster import cycles, investment in technologies linked to artificial intelligence and companies adjusting their supply chains have helped support trade.
Global trade in goods rose by about 5%, the report said. It is expected to grow by around 2.3% a year between 2026 and 2028.
The report also looked at credit risks across different markets. It found risk levels remained stable in 93 markets representing about 24% of Italian exports, fell in 63 markets, and increased in 38 markets accounting for around 41% of Italy’s exports.
SACE warned that many Italian firms rely too heavily on a single export market. Around 45% of Italian companies export to only one country, which makes them more vulnerable to local economic shocks or sudden regulatory changes.
Italian economist Andrea Ferretti said the current global trade environment shows a mixed picture.
He said geopolitical tensions, including the war in Ukraine and other regional conflicts, have increased uncertainty in global markets and could affect trade flows.
At the same time, he said companies that carefully study foreign markets and manage risks properly will have better chances to grow internationally.
The report also identified 16 strategic markets with strong demand for “Made in Italy” products and manageable levels of political and financial risk. These include Saudi Arabia, India, China, Morocco, Brazil, Turkey, Mexico and Egypt.
