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Morocco Trade at a Glance : Most Recent Values

Latest trade data available from various sources.
Morocco monthly trade data
Morocco quarterly trade data

Please note: The data from various sources are not from the same year.

Year

Morocco exports, imports, trade and tariff indicators 2023

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

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Morocco Trade

Overall Exports and Imports for Morocco 2024

The total value of exports (FOB) is US$ 80,569 million.
The total value of imports (CIF) is US$ 97,953 million.
The total trade was US$ 178,522 million.
The trade balance was US$ -17,385 million.

China Monthly Exports and imports, in Mar 2024

The total value of exports (FOB) is US$ 4,452,048 K.
The total value of imports (CIF) is US$ 6,529,026 K.
The total trade was US$ 10,981,075 K.
The trade balance was US$ -2,076,978 K.

Morocco Trade Indicators 2023

Hirschman Herfindahl Market concentration index is 0.08.
Index of export market penetration is 0.08.
World Growth in percentage is 0.08 and Morocco Country Growth is 1.27.

Morocco Service Trade data from WDI 2023

Morocco, Service imports (BoP, current US$) is 12,733,893,124.40.
Morocco, Service exports (BoP, current US$) is 25,655,255,267.80.
Morocco, Imports of goods and services as percentage of GDP is 51.04 %.
Morocco, Exports of goods and services as percentage of GDP is 42.75 %.

Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by Morocco in 2023 are below.

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

Morocco Foreign Direct Investment (FDI) 2024

FDI Inward stock (in US$ Mil) was US$ 61,493 million.
FDI Inward stock flow (in US$ Mil) was US$ 1,639 million.
FDI Outward stock (in US$ Mil) was US$ 11,328 million.
FDI Outward stock flow (in US$ Mil) was US$ 694 million.

Non-Tariff Measures (NTM)

No Of NTM Measures is 2.
No Of NTM Affected Products (HS 6 Digit) is 11.

Morocco World Development Indicators (WDI) 2023

Key Development Indicators of Morocco in 2023 are below

The population of Morocco is 36,029,138.
GDP in US$ is 144,417 million .
GNI per capita, Atlas method in current US dollars is 3,760.00.
Trade balance in US$ is -11,968.00 million.
Trade in services as percentage of GDP is -8.29 %.

WDI

Morocco Global Value Chain (GVC) 2020

GVC related output as percentage of output was not available.
GVC related trade as percentage of trade was 41 %.

GVC

Morocco Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index (Over All) for Morocco is 21.

SPRD