Promising Growth Prospects for E-Commerce in the Moroccan Market

  • Marrakesh, Morocco
  • 12 December 2023
1

E-commerce in the Moroccan market has witnessed a remarkable boom over the past few years, with it occupying advanced ranks both in Africa and the world, according to a report by the United Nations Conference on Trade and Development (UNCTAD).

It expects e-commerce revenues in Morocco to reach about $3.1 billion by 2027. Online sales accelerated during the lockdown period, with revenue growth more than doubling from 14.7 percent in 2019 to 36.5 percent in 2020.

According to UNCTAD's e-commerce index among businesses and consumers, Morocco ranked sixth, after Mauritius, South Africa, Tunisia, Nigeria, and Kenya.

Source (Al-Arab Newspaper of London, Edited)

 

Related News

Unemployment Rate Rises To 13.6% in Morocco

  • Rabat, Kingdom of Morocco
  • 5 November 2024

Morocco Aims To Attract 26 Million Tourists In 2026

  • Kingdom of Morocco
  • 4 November 2024

Get an annual subscription in the quarterly Arab Economic bulletin

SUBSCRIBE NOW