Morocco’s apparel exports to Europe have registered a robust growth during the first ten months of 2022. The shipment was higher than the export of 2021 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 $3.265 billion in the first ten months of 2022. It had exported the products worth $2.460 billion in 2021, according to Fibre2Fashion’s market insight tool TexPro. The shipment increased to $3.269 billion in 2018 from $3.047 billion of 2017. But it slipped to $3.110 billion in 2019. The shipment further slowed down in the COVID year of 2020, when it was recorded at $2.985 billion. The export further slipped to $2.460 billion in 2021. But the outbound shipment recorded robust growth in 2022.
On a quarterly basis, the shipment peaked in Q2 2022 when it reached $974.068 million against $873.408 million in Q1 2022 and $810.604 million in Q2 2021. Morocco has exported garments worth $300.526 million in October 2022.
As per TexPro, Morocco exports most of its apparel production to Europe. It is the sole market for Morocco with more than 98 per cent share. In 2021, the country had exported 98.06 per cent of its total apparel shipment of $3.329 billion to Europe.
