Sales in the automotive sector reached more than 21.66 billion dirhams (MMDH) at the end of February 2023, up 40.5% compared to the same period a year earlier, according to the Office des Changes.
This development follows the increase in sales of all segments of the sector, namely the construction segment (+44.7%), that of wiring (+43.8%) and that of vehicle interiors and seats. (+20%), indicates the Office which has just published its monthly indicators of foreign trade.
At the same time, exports of the electronics and electricity sector increased by 36.4% to 3.65 billion dirhams at the end of February 2023. This development is mainly due to the increase in sales of electronic components by 57.7% to 1.4 billion dirhams and those of wires and cables (+33.9% to 1.37 billion dirhams).
For their part, sales of textiles and leather recorded an increase of 15.1% for the two months of the year 2023, attributable to the increase in exports of ready-made clothing (+18%), footwear (+20 .6%), and to a lesser extent knitwear (+7.6%).
As regards exports of phosphates and derivatives, they stood at 10.96 billion dirhams at the end of February 2023, against 14.68 billion dirhams at the end of February 2022. This development is explained by the decline in sales of natural and chemical fertilizers ( -22.3%), those of phosphoric acid (-37.8%) and those of phosphates (-17.5%).