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Moroccan exports: technological content in continuous improvement

Morocco establishes itself as the largest automobile production hub in Africa
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Hibapress

The analysis of the technological content of Moroccan exports shows a strengthening of the share of manufactured products with medium technology to 43.5% during the period 2014-2023, compared to only 28.6% between 2007 and 2013, according to the economic and financial report accompanying the 2025 finance bill (PLF).

This trend is mainly explained by the increase in exports of vehicles and electrical appliances, indicates this report published on the website of the Ministry of Economy and Finance.

In addition, the share of low-technology products is part of a downward trend, going from 22.2% on average between 2007 and 2013 to 16.5% during the second period, notes the same source.

The share of exports of manufactured products originating from natural resources also decreased from 26.9% between 2007 and 2013 to 16.7% during the period 2014-2023.

As for the Moroccan exportable offer, it continues to expand towards new markets in Africa, America and Asia. Thus, the number of export markets increased by around 1% on an annual average between 2007 and 2023, from 171 to 189 markets.

Furthermore, the report recalls that Morocco’s policy of integration into the world economy has enabled the Kingdom to record a certain dynamism in exports in recent years.

Indeed, Moroccan exports showed a clear increase during the period 2014-2023 of 8.8% compared to only 6.7% on annual average over the period 2007-2013, i.e. a rate higher than that recorded by imports. (6.9%) between 2014 and 2023.

Likewise, the coverage rate saw a notable improvement from 47.7% on average between 2007 and 2013 to 58% during the second period, thus gaining 10 points.

Concerning Morocco’s share of the world market, it followed an upward trend from 2013, reaching its highest level (0.17%) in 2023, linked in particular to the good performance of exports from Morocco’s global professions such as the automotive, aeronautics and electronics sectors.

By ecosystem, examination of the structure of Moroccan exports reveals that the automobile, aeronautics and electronics and electricity sectors have consolidated their respective shares between 2014 and 2023. However, textiles and leather experienced a drop in its share from 16.7% to 10.8% during the same period.

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