Economic relations between Türkiye and Morocco have gained momentum with the Free Trade Agreement that entered into force in 2006 and increased recent engagements. The strategic positions of both countries in accessing the European, African, and U.S. markets have supported the expansion of bilateral trade.
According to data from the Turkish Exporters Assembly (TİM), Türkiye’s exports to Morocco rose by 15.8% in the first quarter compared to the same period last year. Exports, which stood at USD 886.6 million in the same period last year, exceeded USD 1.026 billion this year. Morocco climbed to 14th place among Türkiye’s top export destinations.
The steel sector stood out in the first quarter with exports of USD 126.6 million. In addition, chemicals and chemical products ranked first with USD 312.3 million, followed by the automotive industry with USD 163.8 million. Textile and raw materials exports reached USD 107.1 million, while furniture, paper, and forest products totaled USD 67.7 million.
The electrical and electronics sector recorded USD 59.7 million in exports, iron and non-ferrous metals USD 45.8 million, machinery and components USD 43.3 million, the HVAC industry USD 25.9 million, and the ready-to-wear and apparel sector USD 17.8 million.
In terms of sectoral increases, chemicals and chemical products led the way, rising by USD 196.7 million in exports to Morocco during the first quarter. The automotive industry increased by USD 43.2 million, machinery and components by USD 12.8 million, electrical and electronics by USD 11.6 million, and mining products by USD 6.3 million.
Türkiye’s investments in Morocco are concentrated in sectors such as automotive, retail, cleaning products, textiles, mining, and logistics, while the Casablanca-based Fas Türk Ticaret ve Sanayi Odası continues its activities. These developments are contributing positively to the trade volume between the two countries.
Source: AA
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