The volume of Moroccan exports increased by 24.3% to 326 billion dirhams (Mmdh) In 2021. Compared to 2019 (Pre-COVID period), these exports increased by 14.9%.
Exports continued the same dynamic during the first month of 2022, with growth of +23% compared to January 2021, supported by the “Made in Morocco” label. Also, the indicators show a post-Covid recovery faster than expected thanks, in particular, to the performance of the main exporting sectors of the Kingdom.
In detail, the automobile industry improved its exports by 15% to 83.3 billion dirhams, while phosphate and derivatives saw its exports increase by 57% to 79.9 billion dirhams, following the rise in prices on the international market.
In addition, agri-food exports increased by 9% to 68.4 billion dirhams, due to the increase in demand. As for textiles and leather, their sales reached 36.3 billion dirhams, up 21% compared to 2020. This sector has demonstrated its competitiveness during the period of a health crisis.
At the same time, aeronautics improved its exports by 12% to 15.4 billion dirhams, thus demonstrating its ability to adapt in a global context impacted by the cessation of air transport.
Regarding exports of electrical and electronic products, they totaled 13.3 billion dirhams, up 10% compared to 2020.
As for the handicraft sector, its exports increased by 31% during the period from January to February 2022. And to reach the true potential of the national offer, the government has put in place a strategy aimed at supporting the actors of the sector to achieve a turnover (CA) of 5 billion dirhams by 2030.
