Business Emerging Markets Headlines Morocco

OECD forecasts strong economic outlook for Morocco through 2026

Morocco is heading into 2025 with renewed economic confidence, buoyed by a strong rebound in its agricultural sector, the Organisation for Economic Co-operation and Development (OECD) said.

The country is projected to achieve a growth rate of 3.8% in both 2025 and 2026, OECD said in a recent report, noting that this sustained momentum is largely attributed to improved weather conditions following severe droughts in 2023 and 2024, which have paved the way for a robust recovery in agricultural production, particularly in fruit and vegetable exports.

Recent data from EastFruit highlights the tangible impact of this recovery. During the 2024–2025 season, Morocco exported a record-breaking 27,700 tons of cucumbers, surpassing previous benchmarks.

Asparagus exports surged by 47% year-on-year, underscoring the sector’s resilience and growth potential.

The citrus industry is also showing signs of a strong rebound. Tangerine exports reached 436,000 tonnes in the 2024–2025 season, marking a 13% increase compared to the previous year. Meanwhile, Morocco’s raspberry exports continue to gain traction in Middle Eastern markets, enhancing the country’s competitiveness in high-value agricultural segments.

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