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Morocco FX Analytics · Foreign trade

Foreign trade — by country

Who does Morocco trade with? Ranking of trading partners, bilateraltrade balances and concentration of trade — 227 countries,2024.

Source: Office des Changes (API) 1998–2024 Data as of 2026-07-08 Bn MAD = billions of dirhams

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.

  • Imports are CIF (cost, insurance and freight) and exports are FOB (free on board): bilateral balances reflect this asymmetry — a country's surplus with Morocco may partly stem from the freight and insurance included in the import value. This is consistent with the methodology used by the Office des Changes.

Data by year

Main partners 2024

imports = CIF · exports = FOB · Bn MAD

Top 10 suppliers

where imports come from

Top 10 customers

where exports go

Bilateral balances 2024

surplusdeficit

Largest imbalances

Morocco's trade balance with each partner (Bn MAD)

Trade concentration 2024

HHI = concentration index (0–10,000)

Key country trends

annual series · Bn MAD

Imports by partner

what Morocco buys from each

Exports by partner

what Morocco sells to them