Morocco recorded a trade deficit of 27109 MAD Million in October of 2022. source: Office des Changes

Balance of Trade in Morocco averaged -11517.47 MAD Million from 1998 until 2022, 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 December of 2022.

Balance of Trade in Morocco is expected to be -15500.00 MAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Balance of Trade is projected to trend around -14550.00 MAD Million in 2023 and -13650.00 MAD Million in 2024, according to our econometric models.

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Morocco Balance of Trade

Related Last Previous Unit Reference
Balance of Trade -27109.00 -19805.00 MAD Million Oct 2022
Imports 62756.00 60886.00 MAD Million Oct 2022
Exports 35647.00 41081.00 MAD Million Oct 2022

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
-27109.00 -19805.00 -1254.60 -34567.00 1998 - 2022 MAD Million Monthly