Morocco recorded a trade deficit of 21771 MAD Million in January of 2023. source: Office des Changes

Balance of Trade in Morocco averaged -11642.71 MAD Million from 1998 until 2023, reaching an all time high of -1254.60 MAD Million in January of 1999 and a record low of -34567.00 MAD Million in July of 2022. This page provides the latest reported value for - Morocco Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Morocco Balance of Trade - values, historical data and charts - was last updated on March of 2023.

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Morocco Balance of Trade

Related Last Previous Unit Reference
Balance of Trade -21771.00 -26025.00 MAD Million Jan 2023
Imports 54402.00 61043.00 MAD Million Jan 2023
Exports 32631.00 35018.00 MAD Million Jan 2023

Morocco Balance of Trade
Phosphates and textiles are central to Morocco's export industry. Other exports items include electric components, inorganic chemicals, transistors, citrus fruits, vegetables, fish. Morocco main exports partners are European Union countries with Spain, France and Italy being the most important. Morocco imports crude petroleum, textile fabric, telecommunications equipment, wheat, gas and electricity, transistors, plastics. Its main imports partners are: France, Spain, China, Italy, Germany, United States and Saudi Arabia.
Actual Previous Highest Lowest Dates Unit Frequency
-21771.00 -26025.00 -1254.60 -34567.00 1998 - 2023 MAD Million Monthly