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Morocco

Morocco ranked No. 64 in total trade value through February with a total of $721.14 million. Exports totaled $324.37 million and Imports totaled $396.77 million, a deficit of $72.4 million.

January – February 2019

Top Trading Ports

Total Trade: $721.14 million

RankPortTotal YTD
1Port of New Orleans $198,983,779
2Port of Southern Louisiana, Gramercy, St. James Parish $69,645,942
3Norfolk/Mobile/Charleston $39,482,298
4Cleveland’s Hopkins International Airport, Ohio $35,862,089
5John F. Kennedy International Airport $31,234,376
6Port of Newark $30,951,618
7Port of Wilmington, Dela. $25,960,707
8Port of Beaumont, Texas $24,541,482
9Port of Philadelphia $22,230,019
10Port of Greater Baton Rouge, La. $21,439,444

U.S. trade with Morocco rose to $721.14 million through February

Morocco’s trade with the United States rose to $721.14 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 12.36 percent above its total trade during the same time period last year. Morocco’s exports decreased 11.23 percent while imports rose 43.57 percent. The U.S. deficit with Morocco was $72.4 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of New Orleans; No. 2 Port of Southern Louisiana, Gramercy, St. James Parish; No. 3 Norfolk/Mobile/Charleston; No. 4 Cleveland’s Hopkins International Airport, Ohio; and No. 5 John F. Kennedy International Airport. During the same period the previous year, the top five were No. 1 Port of New Orleans No. 2 Port of Houston No. 3 Port of Southern Louisiana, Gramercy, St. James Parish No. 4 Port of Newark and No. 5 Port of Texas City, Texas. In the current time period, the top five accounted for 52.03 percent of Morocco’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of New Orleans rose 51.74 percent to $198.98 million.
    Exports rose 22.63 percent to $25.51 million. Imports rose 57.23 percent to $173.47 million.
  • Trade with No. 2 Port of Southern Louisiana, Gramercy, St. James Parish rose 20.11 percent to $69.65 million.
    Exports fell 77.44 percent to $8.09 million. Imports rose 177.9 percent to $61.56 million.
  • Trade with No. 3 Norfolk/Mobile/Charleston rose 152.37 percent to $39.48 million.
    Exports rose 152.37 percent to $39.48 million. There were no imports.
  • Trade with No. 4 Cleveland’s Hopkins International Airport, Ohio rose 80.38 percent to $35.86 million.
    Exports rose 82.17 percent to $34.25 million. Imports rose 49.38 percent to $1.62 million.
  • Trade with No. 5 John F. Kennedy International Airport rose 21.1 percent to $31.23 million.
    Exports rose 8.41 percent to $17.82 million. Imports rose 43.42 percent to $13.41 million.

Morocco ranked No. 64 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 66.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Morocco by value through February were the categories of Coal, briquettes; Petroleum gases, other gaseous hydrocarbons; Soybean oilcake, other solid residue, not ground; Civilian aircraft, parts; and Miscellaneous machines, parts, respectively. They accounted for 52.9 percent of total exports to Morocco.

The value of the top five categories of U.S. imports from Morocco –– Misc. mineral or chemical fertilizers; Oranges, grapefruit, other citrus; Phosphatic fertilizers; Caviar, caviar substitutes, other prepared fish; and Phosphoric, related acids –– accounted for 74.82 percent of all inbound shipments.

Looking more closely at U.S. exports to Morocco:

  • Coal, briquettes rose 6.36 percent compared to last year to $49.92 million.
  • Petroleum gases, other gaseous hydrocarbons fell 47.51 percent compared to last year to $38.22 million.
  • Soybean oilcake, other solid residue, not ground rose 109 percent compared to last year to $37.68 million.
  • Civilian aircraft, parts rose 21.59 percent compared to last year to $26.31 million.
  • Miscellaneous machines, parts rose 140.43 percent compared to last year to $19.48 million.

Looking more closely at U.S. imports from Morocco:

  • Misc. mineral or chemical fertilizers rose 76.52 percent compared to last year to $233.33 million.
  • Oranges, grapefruit, other citrus fell 4.55 percent compared to last year to $33.47 million.
  • Phosphatic fertilizers rose 23.26 percent compared to last year to $10.64 million.
  • Caviar, caviar substitutes, other prepared fish rose 3.69 percent compared to last year to $10.25 million.
  • Phosphoric, related acids rose 154517 percent compared to last year to $9.18 million.

In the latest annual figures available, Morocco recorded $3.35 billion in trade with the United States. At year’s end, its were New Orleans; Houston; New York City; Port Arthur, Texas; and Norfolk. Total U.S. exports to Morocco were $ 2.12 billion and imports from Morocco were $1.23 billion. The U.S. surplus with Morocco was $886.69 million.