Morocco grows in the aeronautical spare parts market
Moroccan exports of aeronautical spare parts exceeded 200 million dollars in January 2025.
According to the Foreign Exchange Office under the Moroccan Ministry of Economy, this increase represents a growth of 14.2% over the previous year.
This boom has been largely due to assembly-related sales, which grew by 16.2%, reaching 140 million dollars, and sales of the electrical wiring system, which increased by 11.2%, reaching almost 81 million dollars.
The Foreign Exchange Office, in its monthly currency indicator bulletin, also reflected a growth in exports in the phosphate and derivatives sector of 10.7%, exceeding 500 million dollars, including some 400 million dollars in phosphoric acid and more than 40 million in phosphate.
One industry that reflected a decline in January was the automotive industry, whose exports fell by 10.9% in the same period, to just over 1 billion dollars, following the decline in manufacturing and external parts, although this was partly offset by sales of electrical cables.
Meanwhile, agricultural exports and exports from the food, electronics and electrical industries registered a decrease of 2.3%, to 850 million dollars, and 9.1%, to 135 million dollars, respectively, while exports of textiles and leather grew by 5%, to 350 million dollars.
Great positioning
Morocco is very well positioned in the aeronautical industry. The Moroccan kingdom has risen to fifth place in the world in the aviation sector and is the leader in Africa in the field of aeronautical components.
In less than two decades, the North African country has experienced a boom in aeronautical manufacturing, becoming the leader on the African continent as the main supplier of aircraft parts.
The director of Aviation, Railways, Naval Industries and Renewable Energies at the Moroccan Ministry of Industry and Trade, Afaf Saïdi, explained that the Moroccan kingdom has positioned itself as the main supplier of aeronautical components and spare parts in Africa. Saïdi told the Moroccan News Agency that this achievement had been possible ‘after only twenty years of launching its first initiative in this sector’.
Morocco's leap in quality in various industrial sectors, including aeronautics, has to do with the Moroccan kingdom's commitment to economic and industrial growth under the leadership of King Mohammed VI, who, since his accession to the throne in 1999, has been committed to modernisation and exponential national growth through initiatives such as the recent New Investment Charter, which promotes the mobilisation of up to 50 billion dollars to facilitate investments in the country, both domestic and foreign, with attractive fiscal measures, bureaucratic flexibility and the digitalisation of procedures for business activities, for example.