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Robust growth in Morocco's apparel exports to Europe in Jan-Oct 2022

10 Jan '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Morocco's apparel exports to Europe have registered a robust growth during the first ten months of ****. The shipment was higher than the export of **** and preceding years. Due to its proximity, Europe is a major market for Morocco's apparel exports. Trade activities between Morocco and Europe have shown impressive growth and have tripled in last decade.

Morocco’s apparel exports to Europe stood at $*.*** billion in the first ten months of ****. It had exported the products worth $*.*** billion in ****, according to Fibre2Fashion’s market insight tool TexPro. The shipment increased to $*.*** billion in **** from $*.*** billion of ****. But it slipped to $*.*** billion in ****. The shipment further slowed down in the COVID year of ****, when it was recorded at $*.*** billion. The export further slipped to $*.*** billion in ****. But the outbound shipment recorded robust growth in ****.

On a quarterly basis, the shipment peaked in Q* **** when it reached $***.*** million against $***.*** million in Q* **** and $***.*** million in Q* ****. Morocco has exported garments worth $***.*** million in October ****.

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