Morocco recorded a trade deficit of 20422 MAD Million in March of 2021. source: Office des Changes
Balance of Trade in Morocco averaged -10809.81 MAD Million from 1998 until 2021, 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. 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 May of 2021.
Balance of Trade in Morocco is expected to be -13100.00 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 -12000.00 in 12 months time. In the long-term, the Morocco Balance of Trade is projected to trend around -13000.00 MAD Million in 2022 and -12600.00 MAD Million in 2023, according to our econometric models.