Morocco recorded a trade deficit of 9202 MAD Million in January of 2026. Balance of Trade in Morocco averaged -12552.21 MAD Million from 1998 until 2026, 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. source: Office des Changes

Related	Last	Previous	Unit	Reference
Balance of Trade	-9202.00	-24340.00	MAD Million	Jan 2026
Capital Flows	9552.00	-8142.00	MAD Million	Sep 2025
Current Account	-8032.00	-18580.00	MAD Million	Sep 2025
Current Account to GDP	-2.30	-1.60	percent of GDP	Dec 2025
Exports	55972.00	45534.00	MAD Million	Jan 2026
Exports by Category
Exports by Country
Foreign Direct Investment	2168.00	11225.00	MAD Million	Sep 2025
Gold Reserves	22.12	22.12	Tonnes	Sep 2025
Imports	65174.00	69874.00	MAD Million	Jan 2026
Imports by Category
Imports by Country
Terrorism Index	0.00	0.00	Points	Dec 2024
Tourist Arrivals	19800000.00	17411949.00		Dec 2025

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.