Morocco Eyes Major Export Boost to Egypt, Targets $500 Million by 2027
Rabat – Morocco is set to dramatically increase its exports to Egypt, with officials projecting a jump from MAD 755 million ($75 million) to MAD 5 billion ($500 million) within the next three years.
The ambitious goal comes after a high-stakes trade mission and signals a new phase in economic ties between the two North African nations.
Omar Hejira, the Secretary of State in charge of Foreign Trade, revealed the forecast during a parliamentary session on Monday.
He fielded a question from the National Rally of Independents (RNI) party, which sought updates on efforts to strengthen Morocco's export presence in Egypt.
The push follows a recent visit by a 40-strong Moroccan trade delegation to Cairo, where executives and exporters held over 200 meetings with Egyptian counterparts.
Hejira initiated the mission himself, with Moroccan Confederation of Exporters (ASMEX) President Hassan Sentissi El Idrissi at the helm of the delegation, whose sole goal to promote the 'Made in Morocco' label.
The talks led to preliminary deals, with the two sides now working to finalize agreements in key sectors.
The visit builds on recent talks with Egyptian officials. In April, the Egyptian ambassador visited ASMEX headquarters, followed by a successful 'Egypt Country Zoom' event where participants learned about market opportunities and how to dip their toes into the Egyptian market.
During the parliamentary talks, Hejira also pointed to the automotive industry as a standout success story. Moroccan car exports to Egypt have already soared from just 400 units to 3,000, a figure that could climb to 5,000 by year's end and reach 8,000 by 2026.
Calling Morocco-Egypt trade 'a model of Arab cooperation,' Hajira stressed the countries' historical bonds and mutual economic interests.
The fivefold export expansion, if achieved, would mark a major milestone in Morocco's strategy to grow its African and Arab trade networks, and solidify its role as a key economic bridge between continents. Tags: economyMorocco exportsMorocco tradeMorocco-Egypttradetrade ties
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