Morocco’s automotive vehicle production revenue was $10.5 billion, which amounts to 25% of Morocco’s total exports in 2019. It reviews intra-African trade and current African efforts to meet local and global demands by focusing on the automotive industry as a strategic sector. Only 16% of total African exports and 12% of total African imports were to and from African countries in 2019. In fact, the report adds, Morocco’s automotive vehicle production revenue was $10.5 billion, the equivalent of 25% of Morocco’s total exports in 2019. The overarching factor of success, according to the report, is Morocco’s industry leadership which works towards “the future of mobility.
Source: The North Africa Journal January 27, 2021 10:00 UTC