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Italy-Morocco Trade Reaches €4.75 Billion

Morocco

Marrakech, August 27, 2026 – The Europe Today:  Trade between Italy and Morocco reached €4.75 billion in 2025, highlighting the growing depth of economic ties between the two countries, Italy’s Ambassador to Morocco Pasquale Salzano has said.

Speaking to Italian news agency AGI, Salzano described the bilateral economic relationship as one of “great substance,” noting that the trade volume reflects growing cooperation in investment, technology, skills and increasingly integrated production chains.

Italian exports to Morocco increased by 8.1% in 2025 to €2.995 billion, while Moroccan exports to Italy stood at €1.757 billion, giving Italy a trade surplus of €1.238 billion. However, overall bilateral trade declined by 4.9% from the €4.998 billion recorded in 2024.

The ambassador said there was significant scope to further expand economic relations through new investments, industrial partnerships, innovation and closer cooperation between companies in both countries.

Italian direct investment stock in Morocco reached €1.904 billion in 2025. Around 200 Italian companies were operating in Morocco at the end of 2023, employing more than 13,800 people and generating combined revenues of approximately €1.6 billion.

Transport equipment accounted for the largest share of Morocco’s exports to Italy, reaching €926 million, or 52.7% of the total. Food products, beverages and tobacco, textiles, electrical equipment and chemicals were among the other major export categories.

On the other hand, Italian exports to Morocco were led by machinery and equipment, valued at €516 million, or 17.2% of total Italian shipments, followed by refined petroleum products, base metals, textiles, chemicals and electrical equipment.

Salzano described Morocco as a strategic partner for Italy in the Mediterranean and Africa, emphasizing the country’s potential not only as a market but also as a platform for investment and industrial cooperation targeting wider African markets.

He said the existing €4.75 billion trade volume should be regarded as a foundation for further expansion, with both sides encouraged to develop joint projects capable of generating sustainable growth and value.

The ambassador stressed that the next phase of bilateral economic cooperation should focus on deeper integration between the two countries’ production systems through investment, innovation, joint ventures and long-term business partnerships.