Exports from Morocco’s automotive industry reached MAD 33.9 billion ($3.4 billion) in the first three months of 2023, data from Morocco’s Office d’Echange (OE) indicates. In a monthly report, the OE explains that the monetary value of exports from the automotive industry rose by 44% compared to the same period a year earlier. Morocco is currently home to Africa’s largest automotive industry. In 2018, the North African country overtook South Africa as the largest manufacturer on the continent. Morocco’s automotive industry is expected to grow by around $14 billion by…
Morocco, The leading car manufacturer in Africa
