Morocco has been ranked, according to Agency Fitch, the fifth largest foreign exporter to Europe with an installed capacity of 700,000 vehicles, making it the No. 1 in Africa.
The integration rate of the automotive industry is 60%. More than 250 equipment manufacturers have already settled in Morocco, forming an automotive ecosystem backed by the Renault-Nissan and PSA plants.
In addition, the automotive sector’s exports increased from MAD 14.7 billion to nearly MAD 65.1 billion at the end of 2018, representing a net average increase of 14.5% per year.