Morocco recorded a trade deficit of 17041 MAD Million in October of 2018. Balance of Trade in Morocco averaged -10282.11 MAD Million from 1998 until 2018, reaching an all time high of -1254.60 MAD Million in January of 1999 and a record low of -23012 MAD Million in May of 2012.

Balance of Trade in Morocco is expected to be -15845.00 MAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Morocco to stand at -16010.00 in 12 months time. In the long-term, the Morocco Balance of Trade is projected to trend around -15977.00 MAD Million in 2020, according to our econometric models.

Morocco Balance of Trade
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Forecast Data Chart
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Morocco Trade Last Previous Highest Lowest Unit
Balance of Trade -17041.00 -14734.00 -1254.60 -23012.00 MAD Million [+]
Exports 23537.00 21056.00 25549.00 4878.90 MAD Million [+]
Imports 40578.00 35790.00 43158.00 6424.40 MAD Million [+]
Current Account -20956.70 -11798.10 11697.00 -28726.70 MAD Million [+]
Current Account to GDP -4.00 -4.40 2.00 -9.30 percent [+]
Capital Flows -11144.50 -18679.30 26593.10 -22708.70 MAD Million [+]
Tourist Arrivals 11349347.00 10331731.00 11349347.00 4379990.00 [+]
Gold Reserves 22.10 22.00 22.10 21.94 Tonnes [+]
Terrorism Index 0.08 0.89 4.50 0.00 [+]
Crude Oil Production 0.16 0.16 0.40 0.08 BBL/D/1K [+]
Foreign Direct Investment 6425.00 4225.00 11995.00 -11002.20 MAD Million [+]
External Debt 484056.94 484056.94 491458.32 151986.36 MAD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-17041.00 -14734.00 -1254.60 -23012.00 1998 - 2018 MAD Million Monthly




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18


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