Morocco’s Exports Reach MAD 423.5 Billion by November 2025 as Phosphate Sales Jump 13.8%

Mohammedia – Morocco’s exports of phosphates and their derivatives reached nearly MAD 87.14 billion ($9.56 billion) by the end of November 2025, marking a 13.8% increase compared with the same period a year earlier, according to data released by the Exchange Office.

The strong performance reflects higher sales across all segments of the phosphate industry. Exports of raw phosphates recorded the sharpest rise, climbing 28.9% over the period.

Shipments of phosphoric acid also increased significantly, posting a gain of 14.6%. Exports of natural and chemical fertilizers continued their upward trend as well, growing by 11.7%, the Exchange Office said in its monthly bulletin on external trade indicators for 2025.

Phosphates remain one of Morocco’s leading export sectors and a key source of foreign currency earnings, supported by sustained international demand and diversified product offerings.

The continued growth across raw materials and processed products highlights the sector’s central role in the country’s trade performance.

The aeronautics sector also showed improved momentum, with exports rising by 8.5% to more than MAD 26.26 billion ($2.88 billion) by the end of November.

This increase was driven by stronger sales in assembly activities, which advanced by 8.8%, as well as electrical wiring interconnection systems, known as EWIS, which grew by 8.1%.

The aeronautics industry has been one of Morocco’s most dynamic export sectors in recent years, benefiting from integrated industrial ecosystems and stable demand from international partners.

In contrast, several other export-oriented sectors recorded declines over the same period. Exports from agriculture and the agri-food industry edged down by 0.2%.

The automotive sector saw exports fall by 3.1%, while textile and leather shipments declined by 4.7%. Electronics and electricity exports registered a sharper decrease of 8.7%, according to the data.

Despite these mixed sectoral performances, Morocco’s total exports maintained a positive trajectory overall.

By the end of November 2025, total exports rose by 1.8% year on year to reach approximately MAD 423.54 billion ($46.46 billion).

The Exchange Office figures point to a trade structure increasingly supported by phosphates and high-value industrial sectors, even as traditional industries face more challenging conditions.