Egypt-Morocco trade hits $1.1bln in 2024

Bilateral trade between Egypt and Morocco has grown in recent years, reaching about $1.1 billion in 2024 and $897 million between January and October 2025, Minister of Investment and Foreign Trade Hassan El-Khatib announced.

This remark was made on the sidelines of El-Khatib’s chairing of the fifth session of the countries’ Joint Trade Committee.

El-Khatib described the committee meeting as a “pivotal step” toward strengthening economic and commercial ties.

He added that directives from President Abdel Fattah el-Sisi and Morocco’s King Mohammed VI have set a clear framework for advancing cooperation in ways that serve both nations.

As part of the new push, the two sides agreed on forming a permanent cooperation platform and a joint committee to remove trade barriers.

This marks a key move to ease business activity, tackle customs and non-customs obstacles, and provide ongoing follow-up on challenges affecting both public- and private-sector entities.

El-Khatib also highlighted the importance of closer coordination under the African Continental Free Trade Area (AfCFTA) to enable Egypt and Morocco to expand their economic footprint across the continent.