Morocco FX Analytics · Foreign trade
Who does Morocco trade with? Ranking of trading partners, bilateraltrade balances and concentration of trade — 227 countries,2024.
This page analyses Morocco's bilateral trade with its main partners. All amounts are in MAD billions and come from the Office des Changes (Morocco's foreign exchange authority) annual series. CIF imports, FOB exports.
where imports come from
where exports go
In 2024, Spain was Morocco's top export market (100.7 bn MAD), followed by France (87.2 bn).
Spain accounts for 32% of the total.
Morocco's trade balance with each partner (Bn MAD)
In 2024, the largest bilateral deficit was with China (−86.2 bn MAD).
The largest surplus was with France (+15.8 bn MAD).
what Morocco buys from each
Between 2015 and 2024, imports from Spain rose from 53.6 to 118.8 bn MAD (+121%).
what Morocco sells to them
Between 2015 and 2024, exports from Spain rose from 49.1 to 100.7 bn MAD (+105%).
In 2024, Spain was Morocco's top supplier (118.8 bn MAD), followed by China (90.2 bn).
Spain accounts for 23% of the total.