Morocco recorded a trade deficit of 16845 MAD Million in March of 2019. Balance of Trade in Morocco averaged -10408.29 MAD Million from 1998 until 2019, 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 -16082.80 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 -15986.03 in 12 months time. In the long-term, the Morocco Balance of Trade is projected to trend around -15977.03 MAD Million in 2020, according to our econometric models.

Morocco Balance of Trade
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Morocco Trade Last Previous Highest Lowest Unit
Balance of Trade -16845.00 -13423.00 -1254.60 -23012.00 MAD Million [+]
Current Account -21084.00 -11081.90 11697.00 -28726.70 MAD Million [+]
Current Account to GDP -5.20 -3.60 2.00 -9.30 percent [+]
Imports 44118.00 36681.00 44118.00 6424.40 MAD Million [+]
Exports 27273.00 23258.00 27273.00 4878.90 MAD Million [+]
Capital Flows -17080.50 -5823.40 26593.10 -22708.70 MAD Million [+]
Tourist Arrivals 12280000.00 11349347.00 12280000.00 4379990.00 [+]
Gold Reserves 22.10 22.10 22.10 21.94 Tonnes [+]
Terrorism Index 0.04 0.08 4.50 0.00 [+]
Foreign Direct Investment 6425.00 4225.00 11995.00 -11002.20 MAD Million [+]
External Debt 493341.03 483438.05 493341.03 151986.36 MAD Million [+]
Crude Oil Production 0.16 0.16 0.40 0.08 BBL/D/1K [+]

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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-16845.00 -13423.00 -1254.60 -23012.00 1998 - 2019 MAD Million Monthly




Country Last Previous
Argentina 1131.00 Apr/19
Australia 4949.00 Mar/19
Brazil 6060.00 Apr/19
Canada -3211.20 Mar/19
China 138.34 Apr/19
Euro Area 22532.90 Mar/19
France -5324.00 Mar/19
Germany 22683.00 Mar/19
India -15330.00 Apr/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1370.00 Apr/19
Netherlands 5330.00 Mar/19
Russia 15537.00 Mar/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa 5004.63 Mar/19
South Korea 4120.00 Apr/19
Spain -2352600.00 Mar/19
Switzerland 2494.00 Mar/19
Turkey -2136.73 Mar/19
United Kingdom -5408.00 Mar/19
United States -50000.00 Mar/19


Related

Latest