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Morocco

Morocco ranked No. 61 in total trade value through March with a total of $1.35 billion. Exports totaled $812.09 million and Imports totaled $533.49 million, a surplus of $278.6 million.

January – March 2019

Top Trading Ports

Total Trade: $1.35 billion

RankPortTotal YTD
1Port of New Orleans $267,155,474
2Port of Charleston $189,667,049
3Port of Southern Louisiana, Gramercy, St. James Parish $96,993,348
4Port of Beaumont, Texas $66,202,357
5Norfolk/Mobile/Charleston $65,933,063
6Seattle-Tacoma International Airport $62,310,132
7Cleveland’s Hopkins International Airport, Ohio $56,842,060
8John F. Kennedy International Airport $49,061,697
9Port of Newark $47,131,062
10Port of Houston $47,061,658

U.S. trade with Morocco rose to $1.35 billion through March

Morocco’s trade with the United States rose to $1.35 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 26.7 percent above its total trade during the same time period last year. Morocco’s exports increased 28.93 percent while imports rose 23.46 percent. The U.S. surplus with Morocco was $278.6 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of New Orleans; No. 2 Port of Charleston; No. 3 Port of Southern Louisiana, Gramercy, St. James Parish; No. 4 Port of Beaumont, Texas; and No. 5 Norfolk/Mobile/Charleston. 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 John F. Kennedy International Airport. In the current time period, the top five accounted for 50.98 percent of Morocco’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of New Orleans fell 3.43 percent to $267.16 million.
    Exports fell 17.48 percent to $62.42 million. Imports rose 1.86 percent to $204.74 million.
  • Trade with No. 2 Port of Charleston rose 1246.08 percent to $189.67 million.
    Exports rose 1297.21 percent to $187.97 million. Imports rose 166.54 percent to $1.7 million.
  • Trade with No. 3 Port of Southern Louisiana, Gramercy, St. James Parish rose 27.34 percent to $96.99 million.
    Exports fell 75.49 percent to $13.24 million. Imports rose 278.08 percent to $83.75 million.
  • Trade with No. 4 Port of Beaumont, Texas rose 192.78 percent to $66.2 million.
    Exports rose 192.78 percent to $66.2 million. There were no imports.
  • Trade with No. 5 Norfolk/Mobile/Charleston rose 54.25 percent to $65.93 million.
    Exports rose 54.25 percent to $65.93 million. There were no imports.

Morocco ranked No. 61 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 $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Morocco by value through March were the categories of Civilian aircraft, parts; Coal, briquettes; Petroleum gases, other gaseous hydrocarbons; Gasoline, other fuels; and Soybean oilcake, other solid residue, not ground, respectively. They accounted for 65.18 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; Misc. vegetables, not frozen; and Caviar, caviar substitutes, other prepared fish –– accounted for 71.99 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 731.17 percent compared to last year to $275.41 million.
  • Coal, briquettes fell 0.15 percent compared to last year to $84.21 million.
  • Petroleum gases, other gaseous hydrocarbons fell 14.55 percent compared to last year to $81.4 million.
  • Gasoline, other fuels rose 2.06 percent compared to last year to $50.66 million.
  • Soybean oilcake, other solid residue, not ground fell 11.43 percent compared to last year to $37.68 million.

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

  • Misc. mineral or chemical fertilizers rose 44.6 percent compared to last year to $291.61 million.
  • Oranges, grapefruit, other citrus fell 3.48 percent compared to last year to $43.21 million.
  • Phosphatic fertilizers fell 29.05 percent compared to last year to $20.5 million.
  • Misc. vegetables, not frozen rose 97.21 percent compared to last year to $14.42 million.
  • Caviar, caviar substitutes, other prepared fish rose 13.65 percent compared to last year to $14.32 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.