A surplus that disappears upstream
TexPro data show Morocco exported $*.** billion of apparel in ****, **.* per cent more than in ****. Fabric imports, however, rose faster at **.* per cent to $*.** billion, while yarn imports reached $*.** billion.
Morocco generated a $*.** billion apparel trade surplus, but recorded deficits of $*.** billion in fabric, $***.** million in yarn and $**.** million in fibre. Across the four stages, the sector ran a net trade deficit of approximately $***.** million.
Put differently, Morocco imported $***.** of yarn and fabric for every $*** of apparel exported. This is an economy-wide dependence proxy, not the exact imported content of each garment, but its scale confirms the structural gap. A March **** World Bank–IFC assessment separately found that more than ** per cent of yarns and fabrics were imported and CMT (cut, make, trim) production accounted for ** per cent of apparel exports.
