Morocco’s Automotive Exports Rise 14.9% to $11.45 Billion by July 2026

Casablanca – Morocco’s automotive exports reached MAD 107.14 billion ($11.45 billion) at the end of July 2026, marking a 14.9% increase compared with the same period a year earlier, according to the Exchange Office.

The growth was driven by the sector’s main activities. Exports from the construction segment increased 19.9% to MAD 42.48 billion ($4.54 billion), while wiring exports rose 13.8% to MAD 40.62 billion ($4.34 billion).

The exterior segment recorded the strongest percentage increase, with exports climbing 47.9% to MAD 3.42 billion ($365.4 million).

The automotive sector had already recorded strong growth earlier in the year. By the end of June, exports had reached MAD 93.7 billion, up 17.4% year-on-year.

The wider industrial ecosystem has also continued to expand in 2026. In July, Stellantis began production of the Fiat Grizzly and Fiat Fastback at its Kenitra plant.

The facility now has an annual installed capacity of 535,000 vehicles and 350,000 engines, while local integration stands at 69%.

Renault also remains a major part of Morocco’s automotive export base. The group produced 394,474 vehicles in Morocco in 2025, with 82% of production exported to 63 international markets. Morocco became Renault’s second-largest production country by volume, behind France.

Aerospace exports also performed well during the first seven months of 2026, rising 19.7% to MAD 20.56 billion ($2.20 billion). Growth came from both aircraft assembly, up 24.3%, and Electrical Wiring Interconnection System exports, which increased 10.4%.

Agriculture and agri-food exports rose 7%, supported by a 13.3% increase in the food industry. At the same time, exports of phosphates and derivatives fell 7.8%, while textile and leather exports declined 5.5%. Electronics and electrical equipment exports dropped 2.9%.

Overall, Morocco’s goods exports reached MAD 299.34 billion ($31.98 billion) by the end of July, up 8.4% from MAD 276.18 billion a year earlier.

The Exchange Office also reported that imports rose 15.9% to MAD 544.05 billion, widening the trade deficit by 26.5%.