Allianz Trade, a global leader in credit insurance solutions, highlighted in its “Global Trade Outlook 2024” report how growing tensions between the US and China are reshaping global trade and supply chains. This shift has paved the way for new trade hubs, with Morocco ranking 20th among the 25 “next-generation” centers, thanks to its trade potential and strong connectivity, although logistical efficiency remains an area for improvement.
The report emphasizes Morocco’s strong performance in three key areas: trade potential (16th), connectivity (17th), and logistical efficiency (23rd). Strategically positioned at the crossroads of Europe, Africa, and the Middle East, Morocco serves as an ideal base for companies seeking to diversify their supply chains.
Tanger Med, one of Africa’s largest ports, underpins Morocco’s global trade ambitions, attracting international trade flows and boosting regional integration. However, challenges remain, particularly in logistics, where streamlining customs processes and increasing digital adoption are needed for further progress.
