3 days ago
Morocco Officially Launches 2025–2027 Foreign Trade Roadmap
Doha – Morocco has officially launched its 2025-2027 Foreign Trade Roadmap, aiming to create 76,000 new jobs and generate an additional MAD 84 billion ($8.4 billion) in export revenues. The plan was unveiled in Casablanca on Wednesday during a ceremony chaired by Head of Government Aziz Akhannouch.
The new roadmap focuses on three strategic objectives: job creation, expanding the export base by establishing 400 new export companies annually, and boosting export revenues.
'Through this roadmap, we aim to generate additional export revenue of more than 80 billion dirhams,' Akhannouch said during the launch ceremony. 'It also aims to broaden the exporter base, with the goal of reaching an average of 400 new exporters per year.'
The strategy adopts an integrated and participatory approach structured around four intervention levers and six cross-cutting reforms. These include accelerating the digitalization of foreign trade and creating regional support offices across the country.
Akhannouch stressed that the roadmap reflects King Mohammed VI's vision of economic openness. 'Our country, in perfect harmony with His Majesty's enlightened vision, has made a resolute choice for economic openness, driven by the deep conviction that integration into international trade is a fundamental lever for economic growth,' he stated.
The government hopes the plan will improve the coverage rate of imports by exports by strengthening national exports and directing economic policies toward maintaining financial and commercial sustainability.
Earlier this month, Akhannouch held a meeting in Rabat where the Secretary of State for Foreign Trade, Omar Hejira, presented the strategic plan. During that meeting, the prime minister talked about the importance of supporting Moroccan small and medium enterprises interested in entering the export sector.
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The roadmap's development followed months of preparation. In January, Hejira revealed that the plan was based on 524 proposals collected during a regional tour, with 80% coming from Morocco's regions and 20% from the ministry.
The strategy also includes establishing 12 regional offices dedicated to foreign trade development across Morocco. Additionally, a chatbot for foreign trade will be launched to facilitate interaction between stakeholders and the ministry.
Currently, 92% of Moroccan exports are concentrated in six key sectors: automotive (34.4%), agriculture and food industries (19.3%), phosphates and derivatives (17.8%), leather products (10.7%), aviation (5.3%), and electronics (4.3%).
The roadmap also aims to address Morocco's trade imbalances. In 2023, Moroccan exports reached MAD 430 billion ($43 billion), compared to MAD 716 billion ($71.6 billion) in imports, resulting in a trade deficit of MAD 286 billion ($28.6 billion).
A ministerial study updated in 2023 identified MAD 120 billion ($12 billion) in untapped export opportunities, with 10% related to African markets.
To boost African trade, a new complementary public export insurance scheme will be launched in early June, initially covering commercial and political risks for buyers from 15 strategic African countries.
The implementation of the roadmap will also include strengthening exports from the handicraft and social and solidarity economy sectors, as well as creating regional foreign trade support offices across all regions of the kingdom.
