in Short

Morocco: +9.5% for trade with Africa

The overall value of Morocco’s trade with African countries has increased, during the period 2000-2019, by an annual average of 9.5% to reach nearly 39.6 billion dirhams (MMDH) in 2019, according to the Directorate of Studies and Financial Forecasts (DEPF) under the Ministry of Economy, Finance and Administration Reform.
This trade represents around 6.9% of the total value of Morocco’s foreign trade, compared with 4.3% in 2000, the DEPF said in a “Policy Africa” on the profiles of African economies. He added: “Morocco’s trade with its African partners has recorded an encouraging progression over the last two decades, reflecting the efforts made by the Kingdom to diversify its trade relations.

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