Morocco’s automotive sector delivered a strong export performance in the first seven months of 2026, with sales rising 14.9% to 107.14 billion dirhams, according to figures from Moroccan foreign exchange office.
Automotive exports were driven by solid gains across key segments. Construction rose 19.9% to 42.48 billion dirhams, wiring increased 13.8% to 40.62 billion dirhams, and exterior components jumped 47.9% to 3.42 billion dirhams.
The sector remains Morocco’s largest export industry and continues to underscore the country’s position as a major vehicle and parts manufacturing hub.
The broader trade picture was less favorable. The trade deficit reached 244.69 billion dirhams at the end of July, up 26.5% from the same period in 2025.
Imports grew 15.9% to 544.045 billion dirhams, outpacing the 8.4% rise in total exports to 299.34 billion dirhams.
The coverage rate fell 3.8 points to 55%. Import growth was led by raw products (+52.2%), energy (+29.1%), finished equipment goods (+20.8%), and finished consumer products (+12.3%).
Other export sectors showed mixed results. Aeronautics advanced 19.7% to 20.56 billion dirhams, while agriculture and agri-food rose 7%. Phosphates and derivatives declined 7.8%, textile and leather fell 5.5%, and electronics and electricity dropped 2.9%.
