Skip to content
Kingdom of Morocco
Placeholder image: Atlantic port with fishing boats

Discover

Economy of Morocco

Morocco has one of the most diversified economies in Africa, with strengths in agriculture, phosphates, manufacturing, services and tourism, and a strategic position between Europe and Africa.

Agriculture and fishing

Citrus, olives, vegetables, cereals and argan are major crops. The Atlantic fishing industry supplies domestic and export markets.

Phosphates and mining

Morocco holds some of the world's largest phosphate reserves, managed by OCP, with mines around Khouribga, Youssoufia and Boucraa.

Industry

The automotive sector around Tangier and Kenitra, aerospace near Casablanca, textiles and agri-food are important exporters.

Ports and logistics

Tanger Med is among the largest container ports in the Mediterranean, with Casablanca and Nador West Med complementing it.

Tourism and energy

Tourism is a leading source of foreign currency. Morocco is also investing in renewable energy, including the Noor solar complex near Ouarzazate and wind farms along the coast.