Morocco-Germany: Trade Reaches €1.5 Bln in Q1-2023

Morocco-Germany: Trade Reaches €1.5 Bln in Q1-2023
MAP
Tuesday 23 May 2023 - 15:15

Trade between Morocco and Germany stood at 1.5 billion euros in the first quarter (Q1-2023), up 32.6% compared to the same period in 2022.

Germany imported from Morocco an amount of 691 million euros from January to March 2023, up 36.1% over the same period of 2022, said the German Chamber of Commerce and Industry in Morocco (AHK) in a statement, citing the latest data from DIHK (Association of German Chambers of Industry and Commerce).

In the first quarter of 2023, Morocco ranks 52nd among countries that export the most to Germany, notes the same source.

In parallel, German exports to Morocco have also increased significantly, reaching an amount of 874 million euros during Q1-2023, noted the same source, adding that this growth of 29.9% compared to Q1-2022 positions Morocco in 50th place among importing countries from Germany.

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.

Politics
UNGA: Ambassador Hilale puts Algeria at center of Sahara dispute in six-question address
Tuesday 10 November 2026 - 17:00

UNGA: Ambassador Hilale puts Algeria at center of Sahara dispute in six-question address

Politics
Russia defends vote against UN resolution on Sahara before UNGA
Tuesday 10 November 2026 - 16:10

Russia defends vote against UN resolution on Sahara before UNGA

Sports
Morocco faces questions over long-term returns on 2030 World Cup stadium investments
Tuesday 10 November 2026 - 15:30

Morocco faces questions over long-term returns on 2030 World Cup stadium investments

Sports
Morocco U17 team lose 1-0 to Algeria in North African qualifiers
Tuesday 10 November 2026 - 15:15

Morocco U17 team lose 1-0 to Algeria in North African qualifiers