Morocco Eyes Major Export Boost to Egypt, Targets $500 Million by 2027
Morocco is set to dramatically increase its exports to Egypt, with officials projecting a jump from MAD 755 million ($75 million) to MAD 5 billion ($500 million) within the next three years.
The ambitious goal comes after a high-stakes trade mission and signals a new phase in economic ties between the two North African nations.
Omar Hejira, the Secretary of State in charge of Foreign Trade, revealed the forecast during a parliamentary session on Monday.
He fielded a question from the National Rally of Independents (RNI) party, which sought updates on efforts to strengthen Morocco’s export presence in Egypt.
The push follows a recent visit by a 40-strong Moroccan trade delegation to Cairo, where executives and exporters held over 200 meetings with Egyptian counterparts.