HomeNewsBusiness & EconomyMorocco’s Industrial Exports Reach 1 Billion Dirhams Daily

Morocco’s Industrial Exports Reach 1 Billion Dirhams Daily

Omar Hejira, Minister Delegate to the Minister of Industry and Commerce in charge of Foreign Trade, revealed on Monday that the value of Moroccan industrial exports has reached 1 billion dirhams per day. At the same time, he announced the ministry’s intention to evaluate all free trade agreements (FTAs) to address the country’s growing trade deficit.

Speaking during an oral questions session at the House of Representatives, Hejira explained that Morocco’s total foreign trade volume reached 952.4 billion dirhams between January and August 2026, compared to 1.3 trillion dirhams for the full year 2025.

The minister added that Moroccan exports recorded a 3.7% increase during the first nine months of this year, while imports rose by 15.8%, significantly aggravating the kingdom’s trade balance deficit.

Exporting 1 Billion Dirhams Daily

Despite the worsening trade deficit, the Minister Delegate highlighted the expansion of Morocco’s industrial capabilities.

The government official pointed out that the Moroccan industrial sector currently generates a daily turnover of 2.5 billion dirhams, 1 billion dirhams of which is directed toward exports.

Regarding the industrial sector, Hejira defended the progress made by Morocco’s automotive industry, dismissing critics who claim the sector “merely inflates tires.” He stressed that “Morocco now manufactures 70% of the automotive parts used in locally produced vehicles.”

The minister enumerated several structural challenges facing Moroccan foreign trade that hinder export growth, noting that 85% of exports originate from the region extending between Tangier and El Jadida. Furthermore, 70% of exported Moroccan products are directed toward European markets.

Hejira also noted that 6 sectors account for 92% of Morocco’s total exports, while 10% of exporting companies control 90% of the kingdom’s total export volume.

Evaluating Free Trade Agreements

Addressing members of parliament, the minister stated: “We cannot proceed without evaluating our foreign trade operations,” adding that “the trade imbalance we are experiencing today requires a fundamental review of our exports.”

In this context, the government official announced the ministry’s plan to conduct a comprehensive assessment of the free trade agreements connecting Morocco with various nations to rectify the trade balance deficit.

Hejira stated that, as part of its 2026–2031 mandate program, the ministry will carry out “a careful review of all 12 free trade agreements,” highlighting that “while some of these agreements have proven profitable, others have fallen short of their intended goals.”

Regarding the Power Export program, designed to boost exports from Moroccan micro, small, and medium-sized enterprises (MSMEs), the minister announced that the program’s duration will be extended through 2031.

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