Morocco’s aviation sector’s exports reached MAD 19.65 billion as of September 2024, marking an increase of 20.2% compared to the same period last year, according to the Office des Changes, Morocco’s foreign exchange regulator.
In its monthly report on external trade indicators, the office attributed this growth to a 31.3% rise in sales from the assembly category, totaling MAD 12.91 billion. In addition to a 3.2% increase in sales from the Electrical Wiring Interconnection System (EWIS), which reached MAD 6.65 billion, reported Morocco’s Press Agency (MAP).
The report also highlighted a 6.9% increase in vehicle exports, amounting to MAD 115.35 billion. The growth benefited from higher sales in the categories of automotive interior parts and seats (up 19.1%), manufacturing (up 5.1%), and electrical wiring (up 7.4%).
Exports from the phosphates and their derivatives sector improved by 11.3% to reach MAD 60.72 billion, driven by a 40.2% increase in phosphate sales, an 8.4% rise in both natural and chemical fertilizers, and an 8.9% increase in phosphoric acid.
Exports of electronics and electrical products rose by 2.3% to MAD 13.67 billion, while the agriculture and food industry sector experienced a 1% increase to MAD 62.17 billion. However, exports in the textiles and leather sector saw a decline of 0.7%, totaling MAD 31.78 billion.