15 billion euros in bilateral trade: Morocco and France deepen economic ties

The economic partnership between Morocco and France is setting a benchmark for Africa, declared Nicolas Forissier, France’s Minister of Foreign Trade and Attractiveness, during the opening of the France-Morocco Economic Day in Paris. Organized by the Paris Île-de-France Chamber of Commerce and Industry and the Moroccan Embassy in France, the event brought together business leaders, investors, and policymakers.

The minister emphasized the “exceptional” nature of the bilateral relationship, built on a shared commitment to equitable international trade. “Our two nations firmly believe that commerce is a catalyst for progress, especially for young people and future generations. When conducted fairly, trade creates mutually beneficial opportunities,” he stated.

Forissier underscored how this alignment of values and vision has positioned the Morocco–France partnership as a model for the continent. “This shared perspective not only strengthens our economic ties but also serves as an example for the rest of Africa,” he noted.

The minister celebrated the record-high trade volume between the two countries, exceeding 15 billion euros in 2025—a milestone he described as “unprecedented” and nearly double the figure from a decade ago. This growth reflects France’s ongoing commitment to a “win-win” cooperation framework, particularly as Morocco advances its industrialization and economic diversification while France increasingly opens its market to “Made in Morocco” products.

Forissier also highlighted the robust investment flow from France to Morocco, citing Safran’s recent 600-million-euro investment in a new Casablanca plant as a prime example. Equally significant is Morocco’s status as the top African investor in France, a dynamic the minister believes should be further leveraged through co-investments and cross-border ventures to deepen economic integration.

Human capital remains central to the partnership, with Forissier stressing the importance of investing in education, skills development, and youth mobility. “Companies must prioritize building the competencies of tomorrow’s leaders, not just products or services,” he urged.

Looking ahead, the minister pointed to the ambitious shared economic agenda launched in October 2024 during French President Emmanuel Macron’s state visit to Morocco, at the invitation of His Majesty King Mohammed VI. “A strong political relationship underpins our shared ambitions,” he remarked. “In an era of uncertainty, fostering stability and resilient partnerships is essential to securing supply chains and market access for our businesses.”

The France–Morocco Economic Day serves as a key platform for enterprises on both sides, supported by major institutions like the Moroccan Agency for Investment and Export Development (AMDIE), the French Chamber of Commerce and Industry in Morocco (CFCIM), and Business France.