Morocco's Export Performance in Early 2026
In the early months of 2026, Morocco's economy has demonstrated impressive resilience, particularly in the realm of exports. According to the latest figures released by the Foreign Exchange Office, total exports of goods reached an impressive MAD 74.842 billion, equivalent to approximately $7.48 billion. This marks a notable 2% increase compared to the same period in the previous year, 2025. This growth trajectory underscores the robust performance of the industrial sectors, which have played a pivotal role in sustaining Morocco's economic momentum.
The data highlights significant contributions from key sectors, particularly the automotive and aeronautics industries, which have effectively countered the decline observed in traditional sectors such as phosphates and textiles. The automotive sector emerged as the leading player in the export landscape, achieving a remarkable MAD 26.003 billion, reflecting a substantial 10.3% increase. This surge is attributed to a remarkable 14.8% rise in cabling sales and a corresponding 14.5% growth in construction-related exports.
Key Drivers of Export Growth
Aeronautics also showcased impressive growth, with a 16.5% increase, reaching MAD 5.258 billion ($526 million). This growth is primarily driven by a remarkable 27.2% surge in the assembly segment, highlighting the sector's burgeoning potential. Additionally, the electronics and electricity sectors remained stable, recording exports of MAD 2.752 billion ($275 million), reflecting a modest increase of 2.5%, supported by a boost in the export of wires and cables.
Furthermore, the report indicates that service exports witnessed a robust increase of 13.3%, totaling MAD 50.712 billion ($5.071 billion). This remarkable performance is largely attributable to the growth of the tourism sector, which saw travel receipts soar by 22.2%, amounting to MAD 21.384 billion ($2.138 billion). Additionally, remittances from Moroccans residing abroad (MRE) have contributed positively to the nation's financial stability, increasing by 4.2% to reach MAD 18.544 billion ($1.854 billion).
Collectively, these elements represent critical macroeconomic factors that are not only enhancing the balance of payments but also injecting vital foreign liquidity into the Moroccan economy, thereby supporting its ongoing growth and development.
As reported by moroccoworldnews.com.
