Morocco export overview

Morocco is an important emerging market. It is in a strategic location for access to Europe. It is also well located as a platform for reaching other international markets, especially North and West Africa.

Strengths of the Moroccan market include

Economic growth

Morocco is a stable emerging market and has made remarkable economic progress over the past few years. Over the last decade, Morocco has significantly liberalised its trade regime and strengthened its financial sector. It retains strong international market confidence and continues to attract significant Foreign Direct Investment (FDI) inflows.

Gross Domestic Product (GDP) growth slowed to 2.4% in 2014 due to falling agricultural yields. GDP growth is expected to increase up to 4.5% in 2015 driven by manufacturing and services activity.

Agriculture remains an important part of the economy. It employs around 40% of the population and represents 15 to 20% of GDP.

Industrial activity registered an increase in car manufacturing, aerospace, chemical and food-processing industries.

Economic growth