The volume of trade between Morocco and other African nations has risen significantly, increasing from 36 billion dirhams (MMDH) in 2013 to 52.7 MMDH in 2023, marking a notable 45% growth, according to data released by the Office des Changes. This growth underscores Morocco’s expanding economic ties within the African continent.
Moroccan exports to African markets reached approximately 32.7 MMDH in 2023, representing a 100% increase compared to 2013. This growth rate far surpasses Morocco’s export performance to other global markets. The main products driving this surge include fertilizers, fish, automobiles, automotive cables, and food products. On the import side, goods coming from African countries amounted to around 20 MMDH in 2023, consisting mainly of coal, dates, and plastic materials.
A study conducted by the Ministry of Trade highlights Morocco’s potential to further boost its exports. The findings reveal an additional export capacity of up to 120 MMDH, with 10% (approximately 12 MMDH) earmarked for African markets. This capacity spans priority sectors such as automotive manufacturing, agro-food industries, textiles and apparel, as well as mechanical industries, covering around 200 products and 1,200 target markets across the continent.
Despite these promising opportunities, certain obstacles hinder Morocco’s expansion into African markets. Chief among them is the lack of efficient transportation links between Morocco and several African nations. However, efforts are underway to address this gap, notably with the imminent launch of a maritime route connecting Agadir to Dakar. This route is expected to expand further, incorporating additional African countries through terrestrial connections.
Another solution proposed to facilitate trade is the creation of an online platform for Moroccan exporters. This tool would provide detailed information about African markets, including data on products in demand and potential export opportunities, streamlining business expansion efforts.
In this context, Morocco is well-positioned to capitalize on the opportunities presented by the African Continental Free Trade Area (AfCFTA). With 53 member countries, including Morocco, and a consumer base of nearly 1.3 billion people, this trade agreement offers vast potential for boosting and diversifying Moroccan exports across the continent. By strengthening its integration into this expansive market, Morocco can unlock significant economic benefits, further solidifying its role as a leading trade partner within Africa.
