Morocco

Compare Morocco →

MA · MAR · BACI 504 · latest data 2024

Exports

$59.9B USD, nominal · 2024

= $59,855 M68.2% over 5 yrs (up)

Imports

$95.1B USD, nominal · 2024

= $95,101 M80.8% over 5 yrs (up)

Trade balancedeficit

−$35.2B USD, nominal · 2024

= −$35,246 M

Total trade

$155.0B USD, nominal · 2024

= $154,956 M75.7% over 5 yrs (up)

World position: #53 of 225 exporters · top 25% · #42 of 225 importers · top 25% · 2024
World export share since 1995: +0.1 pp

Trade timeline

Morocco's exports grew from $7.6B in 1995 to $59.9B in 2024; the 2024 balance was −$35.2B.

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Exports, imports, trade balance and total trade of Morocco per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$7,629 M	$9,938 M	−$2,309 M	$17,567 M
1996	$8,005 M	$9,528 M	−$1,523 M	$17,533 M
1997	$8,017 M	$9,155 M	−$1,138 M	$17,171 M
1998	$8,467 M	$11,372 M	−$2,905 M	$19,839 M
1999	$8,675 M	$11,777 M	−$3,102 M	$20,453 M
2000	$9,051 M	$12,613 M	−$3,561 M	$21,664 M
2001	$9,083 M	$11,863 M	−$2,781 M	$20,946 M
2002	$9,959 M	$12,963 M	−$3,004 M	$22,921 M
2003	$11,306 M	$15,519 M	−$4,213 M	$26,825 M
2004	$13,274 M	$19,221 M	−$5,947 M	$32,494 M
2005	$14,362 M	$22,069 M	−$7,707 M	$36,431 M
2006	$15,894 M	$26,036 M	−$10,143 M	$41,930 M
2007	$20,297 M	$33,802 M	−$13,505 M	$54,099 M
2008	$25,108 M	$43,979 M	−$18,871 M	$69,087 M
2009	$17,705 M	$33,477 M	−$15,773 M	$51,182 M
2010	$21,217 M	$37,099 M	−$15,882 M	$58,317 M
2011	$25,908 M	$46,069 M	−$20,161 M	$71,977 M
2012	$26,541 M	$46,837 M	−$20,295 M	$73,378 M
2013	$27,299 M	$46,209 M	−$18,910 M	$73,509 M
2014	$29,010 M	$46,876 M	−$17,866 M	$75,886 M
2015	$29,036 M	$39,111 M	−$10,075 M	$68,147 M
2016	$29,232 M	$42,908 M	−$13,676 M	$72,140 M
2017	$31,764 M	$46,441 M	−$14,676 M	$78,205 M
2018	$34,732 M	$52,127 M	−$17,395 M	$86,859 M
2019	$35,580 M	$52,600 M	−$17,020 M	$88,180 M
2020	$32,440 M	$46,139 M	−$13,699 M	$78,579 M
2021	$42,629 M	$59,442 M	−$16,813 M	$102,071 M
2022	$48,413 M	$73,066 M	−$24,654 M	$121,479 M
2023	$49,247 M	$71,969 M	−$22,722 M	$121,215 M
2024	$59,855 M	$95,101 M	−$35,246 M	$154,956 M

30 rows

World share & rank

World export share moved from 0.2% in 1995 to 0.3% in 2024; export rank #53 → #53.

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World export and import share in percent, and world ranks, of Morocco per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.15%	0.20%	#53	#49
1996	0.15%	0.18%	#54	#54
1997	0.14%	0.16%	#56	#55
1998	0.15%	0.20%	#54	#51
1999	0.15%	0.20%	#56	#49
2000	0.14%	0.19%	#60	#52
2001	0.14%	0.19%	#60	#54
2002	0.15%	0.20%	#60	#51
2003	0.15%	0.20%	#60	#51
2004	0.14%	0.21%	#64	#52
2005	0.14%	0.21%	#66	#53
2006	0.13%	0.22%	#67	#54
2007	0.15%	0.24%	#65	#53
2008	0.16%	0.27%	#65	#52
2009	0.14%	0.27%	#67	#54
2010	0.14%	0.25%	#67	#54
2011	0.14%	0.26%	#67	#55
2012	0.15%	0.26%	#69	#56
2013	0.15%	0.25%	#71	#57
2014	0.16%	0.26%	#67	#54
2015	0.18%	0.24%	#60	#56
2016	0.19%	0.27%	#61	#51
2017	0.18%	0.26%	#62	#53
2018	0.18%	0.27%	#63	#52
2019	0.19%	0.28%	#62	#50
2020	0.19%	0.27%	#60	#51
2021	0.20%	0.28%	#60	#52
2022	0.20%	0.30%	#62	#51
2023	0.22%	0.32%	#59	#47
2024	0.26%	0.42%	#53	#42

30 rows

Trading partners

Spain was Morocco's top trading partner in 2024, at 17.7% of total trade; the top five partners covered 50.4%.

Year

Top partner share: 17.7%
Top-5 share: 50.4%
Partners: 203
Partner HHI (0–1): 0.069

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Spain $11.5B

France $9.2B

Germany $3.8B

United Kingdom $2.7B

Italy $2.6B

United States $2.3B

India $1.9B

Türkiye $1.9B

Poland $1.5B

Brazil $1.3B

China $1.1B

Belgium $1.1B

Romania $810M

Portugal $668M

Saudi Arabia $282M

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Top partners of Morocco in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	Spain	$11,479 M	$15,928 M	$27,407 M	−$4,449 M
#2	France	$9,184 M	$9,886 M	$19,070 M	−$702 M
#3	China	$1,131 M	$10,467 M	$11,598 M	−$9,336 M
#4	United States	$2,255 M	$8,838 M	$11,092 M	−$6,583 M
#5	Germany	$3,818 M	$5,080 M	$8,898 M	−$1,262 M
#6	Italy	$2,558 M	$4,255 M	$6,813 M	−$1,697 M
#7	Türkiye	$1,855 M	$4,654 M	$6,509 M	−$2,800 M
#8	United Kingdom	$2,714 M	$1,198 M	$3,912 M	$1,517 M
#9	India	$1,874 M	$1,652 M	$3,525 M	$222 M
#10	Portugal	$668 M	$2,825 M	$3,492 M	−$2,157 M
#11	Saudi Arabia	$282 M	$2,965 M	$3,247 M	−$2,683 M
#12	Brazil	$1,345 M	$1,718 M	$3,064 M	−$373 M
#13	Poland	$1,479 M	$1,401 M	$2,880 M	$78 M
#14	Belgium	$1,094 M	$1,676 M	$2,770 M	−$582 M
#15	Romania	$810 M	$1,900 M	$2,710 M	−$1,090 M

15 rows

Products & sectors

Product composition of Morocco's trade in 2024.

Year

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Concentration & risk

Morocco's export partners diversified over 1995–2024 — HHI 0.148 → 0.076, a diversified export base across 184 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Morocco per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.148	0.078	134	130
1996	0.134	0.078	142	136
1997	0.125	0.082	146	133
1998	0.134	0.098	149	143
1999	0.129	0.095	154	149
2000	0.125	0.084	161	153
2001	0.121	0.082	169	158
2002	0.124	0.074	166	165
2003	0.135	0.078	174	164
2004	0.131	0.071	175	168
2005	0.108	0.069	173	171
2006	0.098	0.067	171	167
2007	0.107	0.061	177	166
2008	0.083	0.059	178	169
2009	0.100	0.065	185	166
2010	0.081	0.062	182	167
2011	0.081	0.060	182	172
2012	0.072	0.058	184	178
2013	0.081	0.063	187	184
2014	0.084	0.062	183	178
2015	0.080	0.063	186	187
2016	0.091	0.067	187	183
2017	0.097	0.069	189	187
2018	0.099	0.068	190	188
2019	0.100	0.068	189	184
2020	0.092	0.072	186	184
2021	0.087	0.068	183	187
2022	0.071	0.062	187	189
2023	0.082	0.068	187	190
2024	0.076	0.072	184	196

30 rows

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