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Morocco Trade Summary

2023

Morocco exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR MOROCCO 2023

Overall Exports and Imports for Morocco 2023

Exports and imports of Morocco in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 42,463 million.
  • The total value of imports (CIF) was 70,645 million.
  • At the HS6 digit level, 3,197 products were exported to 186 countries and 4,224 products were imported from 195 countries.

Morocco top 5 Export and Import partners 2023

Top five countries to which Morocco exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Morocco exports to Spain worth US$ 9,571 million, with a partner share of 22.54 percent.
  2. Morocco exports to France worth US$ 8,698 million, with a partner share of 20.48 percent.
  3. Morocco exports to Italy worth US$ 2,202 million, with a partner share of 5.18 percent.
  4. Morocco exports to United Kingdom worth US$ 1,892 million, with a partner share of 4.46 percent.
  5. Morocco exports to Germany worth US$ 1,816 million, with a partner share of 4.28 percent.

Top five countries from which Morocco imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Morocco imports from Spain worth US$ 11,074 million, with a partner share of 15.68 percent.
  2. Morocco imports from China worth US$ 7,503 million, with a partner share of 10.62 percent.
  3. Morocco imports from France worth US$ 7,467 million, with a partner share of 10.57 percent.
  4. Morocco imports from United States worth US$ 5,968 million, with a partner share of 8.45 percent.
  5. Morocco imports from Turkey worth US$ 3,609 million, with a partner share of 5.11 percent.

Morocco Top 5 Productsexports imports at HS 6 digit level 2023

The top five exported HS 6 digit level products to world by Morocco along with trade value are:

  1. Morocco exported Automobiles with reciprocating piston engine di , worth 4,255,391.56 (US$ Thousands).
  2. Morocco exported Ignition wiring sets&oth wiring sets of a kind , worth 2,224,881.56 (US$ Thousands).
  3. Morocco exported Diammonium hydrogenorthophosphate (diammonium p , worth 2,032,762.44 (US$ Thousands).
  4. Morocco exported Ammonium dihydrogenorthophosphate (monoammonium , worth 1,770,847.25 (US$ Thousands).
  5. Morocco exported Phosphoric acid and polyphosphoric acids , worth 1,276,527.33 (US$ Thousands).

The top five imported HS 6 digit level products from world by Morocco along with trade value are

  1. Morocco imported Petroleum oils, etc, (excl. crude); preparation , worth 7,602,624.09 (US$ Thousands).
  2. Morocco imported Butanes, liquefied , worth 1,619,323.46 (US$ Thousands).
  3. Morocco imported Spelt, common wheat and meslin , worth 1,479,059.60 (US$ Thousands).
  4. Morocco imported Aircraft parts nes , worth 1,386,512.90 (US$ Thousands).
  5. Morocco imported Other coal, not agglomerated, nes , worth 1,375,883.71 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Morocco in 2023 are below

  • The maximum rate of tariff in percentage on any product was 200 percent.
  • The simple average tariff across all products was 6.05 percent.
  • The trade weighted average tariff was 7.06 .
  • The total duty free imports in thousands of US dollars were 37,616,219.53 and duty free tariff line items share was 63.41 percent.

Development Indicators 2023

Key Development Indicators of Morocco in 2023 are below

  • Morocco GDP in current US dollar was 144,417 million.
  • GNI per capita, Atlas method (current US$) was 3,760.00 .
  • Morocco Trade balance: as % of GDP was -8.29.
  • Trade balance in current US$ was -11,968.00 million.
  • Trade as percentage of GDP was 93.79 .
  • Trade in services as percentage of GDP was 26.58 .

Trade Indicators 2023

Trade Indicators for Morocco in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 7.77.
  • World Growth in percentage was -3.13 and Morocco Country Growth was 1.27 .