DR ‹ › Trade volume between Turkey and Morocco surpassed $5 billion for the first time in 2025, marking a significant milestone in bilateral economic relations, Morocco's ambassador to Ankara, Mohammed Ali Lazreq, said on Monday. Speaking to Anadolu Agency, Lazreq highlighted the «tangible momentum» achieved in recent years, particularly in economic and commercial cooperation. «Trade volume has, for the first time since the free trade agreement entered into force, exceeded the $5 billion threshold», he stated. According to Turkey's Trade Ministry, bilateral trade exceeded $4.9 billion in 2024, while figures from the Türkiye Exporters Assembly show Turkish exports to Morocco rose above $3.9 billion in 2025. The upward trend has continued into 2026, with exports in January increasing by 18.7% year-on-year to more than $305 million. Lazreq acknowledged that while the growth reflects strong demand for Turkish goods and services, it also underscores a trade imbalance in Turkey's favor. The free trade agreement between Morocco and Turkey was originally signed in 2004 and entered into force in 2006. In July 2025, Morocco's trade deficit with Türkiye reached 10.9 billion dirhams. To address this imbalance, the two countries held last year the 6th Joint Monitoring Committee meeting on the Morocco–Türkiye Free Trade Agreement in Ankara. The session reviewed the implementation of the FTA and outlined measures to address trade imbalances. Both sides agreed to strengthen integration between their manufacturing sectors, facilitate Moroccan agricultural exports to Türkiye, launch joint production projects, particularly in textiles targeting third markets, and organize a Morocco–Turkey Business and Investment Forum. They also committed to enhancing direct coordination between their respective trade ministries.
