Morocco’s extractive industry recorded a 10.8% growth in its production index by the end of March 2025, according to the Ministry of Economy and Finance’s Directorate of Studies and Financial Forecasts.
This growth, though slower than the 28.6% recorded in 2024, reflects continued strong performance, especially in the phosphate sector.
Raw phosphate production rose 11.9%, while phosphate derivatives increased by 8.1%.
Export revenues for the OCP Group reached MAD 27.7 billion by April, up 12.3% year-on-year.
Raw phosphate exports surged 48.5% in value, reversing a sharp decline last year, while derivative exports grew 9.3%.
Other mineral exports also rebounded, with a 15.7% rise driven by copper and lead ores, which grew by 24% and 35%, respectively.
The sector remains a key driver of Morocco’s economy and a major contributor to export growth in early 2025.
add your comment
Terms of publication : Not to offend the writer, people, sacred things, or attack religions or the divine self, and refrain from racist incitement and insults.