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Morocco

Morocco ranked No. 63 in total trade value through August with a total of $3.64 billion. Exports totaled $2.53 billion and Imports totaled $1.11 billion, a surplus of $1.42 billion.

January – August 2019

Top Trading Ports

Total Trade: $3.64 billion

RankPortTotal YTD
1Port of New Orleans $584,245,930
2Port of Everett, Wash. $341,560,328
3Port of Charleston $216,492,811
4Port of Southern Louisiana, Gramercy, St. James Parish $198,717,616
5Port of Houston $181,974,147
6Port of Texas City, Texas $158,010,250
7Norfolk/Mobile/Charleston $150,011,131
8Cleveland’s Hopkins International Airport, Ohio $140,052,577
9Port of Beaumont, Texas $134,686,966
10Port of Newark $133,311,561

U.S. trade with Morocco rose to $3.64 billion through August

Morocco’s trade with the United States rose to $3.64 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 25.04 percent above its total trade during the same time period last year. U.S. exports to Morocco increased 33.38 percent while U.S. imports from Morocco rose 9.4 percent. The U.S. surplus with Morocco was $1.42 billion.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of New Orleans; No. 2 Port of Everett, Wash.; No. 3 Port of Charleston; No. 4 Port of Southern Louisiana, Gramercy, St. James Parish; and No. 5 Port of Houston. 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 Virginia and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 41.82 percent of Morocco’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of New Orleans fell 0.47 percent to $584.25 million.
    Exports rose 2.8 percent to $210.26 million. Imports fell 2.22 percent to $373.99 million.
  • Trade with No. 2 Port of Everett, Wash. totaled $341.56 million.
    Exports totaled $341.56 million. There were no imports.
  • Trade with No. 3 Port of Charleston rose 319.19 percent to $216.49 million.
    Exports rose 333.71 percent to $212.47 million. Imports rose 51.46 percent to $4.02 million.
  • Trade with No. 4 Port of Southern Louisiana, Gramercy, St. James Parish fell 0.54 percent to $198.72 million.
    Exports fell 27.35 percent to $95.37 million. Imports rose 50.82 percent to $103.35 million.
  • Trade with No. 5 Port of Houston fell 28.47 percent to $181.97 million.
    Exports fell 32.5 percent to $160.81 million. Imports rose 31 percent to $21.16 million.

Morocco ranked No. 63 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 64.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Morocco by value through August were the categories of Civilian aircraft, parts; Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; Coal, briquettes; and Acyclic hydrocarbons, respectively. They accounted for 69.7 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; Misc. vegetables, not frozen; Insulated wire, cable; and Caviar, caviar substitutes, other prepared fish –– accounted for 60.76 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 351.98 percent compared to last year to $818.66 million.
  • Gasoline, other fuels rose 35.82 percent compared to last year to $429.85 million.
  • Petroleum gases, other gaseous hydrocarbons rose 90.25 percent compared to last year to $231.54 million.
  • Coal, briquettes fell 0.55 percent compared to last year to $183.07 million.
  • Acyclic hydrocarbons rose 189.33 percent compared to last year to $102.29 million.

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

  • Misc. mineral or chemical fertilizers rose 17.2 percent compared to last year to $506.67 million.
  • Oranges, grapefruit, other citrus fell 12.41 percent compared to last year to $57.4 million.
  • Misc. vegetables, not frozen rose 52.42 percent compared to last year to $39.08 million.
  • Insulated wire, cable rose 11.53 percent compared to last year to $35.89 million.
  • Caviar, caviar substitutes, other prepared fish rose 1.12 percent compared to last year to $34.61 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.