Aziz Akhannouch: Morocco Aims to Increase Exports by 80 Billion Dirhams Between 2025 and 2027
The Head of Government, Aziz Akhannouch, announced that Morocco’s share in the global market does not exceed 0.2%, despite having untapped potential estimated at around 120 billion dirhams, covering more than 200 exportable products to promising markets.
This statement was made during his opening speech at the presentation of Morocco’s foreign trade program for the period 2025-2027, held on Wednesday in Casablanca. Akhannouch emphasized that the program aims to create a comprehensive and ambitious framework for developing foreign trade, making it a real lever for economic and social development in the country.
He explained that Morocco has chosen, in line with the vision of King Mohammed VI, to decisively pursue economic openness, based on the belief that integration into international trade is essential for enhancing economic growth.
Akhannouch pointed out that foreign trade has become strategically important within Morocco’s development path, reflecting the national economic framework’s competitive capacity and contributing to Morocco’s positioning within global value chains. This has established the country as a regional hub for trade and investment. According to Akhannouch, this success is attributed to effective sectoral strategies in areas such as industry and agriculture, alongside an advanced logistics and infrastructure network, notably the Tangier Med Port, which is the largest in Africa and the Mediterranean.
The Prime Minister highlighted the progress made, noting that Morocco is now linked to an extensive network of free trade agreements, enabling access to around 100 global markets and opening up a consumer base of approximately 2.3 billion people.
As a result of these efforts, the value of Moroccan exports increased from 200 billion dirhams in 2014 to about 450 billion dirhams in 2024, with an annual growth rate of 9%. He attributed this growth to the Kingdom’s involvement in promising sectors such as automotive, aviation, and electronics.
On the other hand, Akhannouch acknowledged the challenges hindering the enhancement of export capacity, including the high geographical concentration towards the European market, which constitutes nearly 70% of total Moroccan exports, as well as the weak national share in the global market.
In addressing these challenges, Akhannouch announced the launch of an ambitious foreign trade program for the period 2025-2027, targeting an increase in export value by over 80 billion dirhams, in addition to expanding the exporter base by adding 400 new exporters annually on average.
He revealed that the program includes horizontal measures, such as strengthening traditional industry exports and the social and solidarity economy, as well as establishing regional offices to support foreign trade in all regions of the Kingdom.
The Head of Government concluded by affirming that the government relies on the successful implementation of this program to achieve its employment goals, aiming to create 76,000 direct jobs. The program also seeks to improve the ratio of exports to imports, within an economic vision focused on financial and trade sustainability.
