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Morocco Trade Summary

2020

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 2020

Overall Exports and Imports for Morocco 2020

Exports and imports of Morocco in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 27,703 million.
  • The total value of imports (CIF) was 44,526 million.
  • At the HS6 digit level, 3,016 products were exported to 176 countries and 4,206 products were imported from 185 countries.

Morocco top 5 Export and Import partners 2020

Top five countries to which Morocco exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Morocco exports to Spain worth US$ 6,624 million, with a partner share of 23.91 percent.
  2. Morocco exports to France worth US$ 6,082 million, with a partner share of 21.96 percent.
  3. Morocco exports to Italy worth US$ 1,220 million, with a partner share of 4.40 percent.
  4. Morocco exports to India worth US$ 1,190 million, with a partner share of 4.29 percent.
  5. Morocco exports to Brazil worth US$ 1,143 million, with a partner share of 4.13 percent.

Top five countries from which Morocco imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Morocco imports from Spain worth US$ 6,838 million, with a partner share of 15.36 percent.
  2. Morocco imports from China worth US$ 5,427 million, with a partner share of 12.19 percent.
  3. Morocco imports from France worth US$ 5,336 million, with a partner share of 11.98 percent.
  4. Morocco imports from United States worth US$ 2,803 million, with a partner share of 6.29 percent.
  5. Morocco imports from Turkey worth US$ 2,430 million, with a partner share of 5.46 percent.

Morocco Top 5 Productsexports imports at HS 6 digit level 2020

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 US$ 1,773,241.85 million.
  2. Morocco exported Ignition wiring sets&oth wiring sets of a kind , worth US$ 1,696,749.89 million.
  3. Morocco exported Diammonium hydrogenorthophosphate (diammonium p , worth US$ 1,390,080.74 million.
  4. Morocco exported Phosphoric acid and polyphosphoric acids , worth US$ 1,198,581.53 million.
  5. Morocco exported Ammonium dihydrogenorthophosphate (monoammonium , worth US$ 1,116,571.66 million.

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 US$ 3,069,525.09 million.
  2. Morocco imported Butanes, liquefied , worth US$ 1,058,686.40 million.
  3. Morocco imported Spelt, common wheat and meslin , worth US$ 1,042,421.12 million.
  4. Morocco imported Transmission apparatus, for radioteleph incorpo , worth US$ 860,945.12 million.
  5. Morocco imported Aircraft parts nes , worth US$ 756,192.54 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Morocco in 2020 are below

  • The maximum rate of tariff in percentage on any product was 200 percent.
  • The simple average tariff across all products was 4.33 percent.
  • The trade weighted average tariff was 3.61 .
  • The total duty free imports in thousands of US dollars were 29,087,179.67 and duty free tariff line items share was 63.91 percent.

Development Indicators 2020

Key Development Indicators of Morocco in 2020 are below

  • Morocco GDP in current US dollar was 112,871 million.
  • GNI per capita, Atlas method (current US$) was 2,980.00 .
  • Morocco Trade balance: as % of GDP was -7.72.
  • Trade balance in current US$ was -8,709.00 million.
  • Trade as percentage of GDP was 78.62 .
  • Trade in services as percentage of GDP was 18.56 .

Trade Indicators 2020

Trade Indicators for Morocco in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 6.56.
  • World Growth in percentage was -3.91 and Morocco Country Growth was -4.05 .