Morocco

Morocco ranked No. 63 in total trade value in 2019 with a total of $5.06 billion. Exports totaled $3.48 billion and Imports totaled $1.58 billion, a surplus of $1.9 billion.

U.S. trade with Morocco rose to $5.06 billion in 2019

Morocco’s trade with the United States rose to $5.06 billion in 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 12.19 percent above its total trade of 2018. U.S. exports to Morocco increased 18.14 percent while U.S. imports from Morocco rose 0.99 percent. The U.S. surplus with Morocco was $1.9 billion.

Through December 2019, 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 Southern Louisiana, Gramercy, St. James Parish; No. 4 Port of Houston; and No. 5 Port of Charleston. In 2018, 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 John F. Kennedy International Airport. In 2019, the top five accounted for 39.28 percent of Morocco’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of New Orleans fell 6.93 percent to $849.61 million.
    Exports rose 27.99 percent to $365.53 million. Imports fell 22.83 percent to $484.08 million.
  • Trade with No. 2 Port of Everett, Wash. rose 100.32 percent to $341.56 million.
    Exports rose 100.32 percent to $341.56 million. There were no imports.
  • Trade with No. 3 Port of Southern Louisiana, Gramercy, St. James Parish rose 9.59 percent to $292.24 million.
    Exports fell 38.29 percent to $106.44 million. Imports rose 97.29 percent to $185.8 million.
  • Trade with No. 4 Port of Houston fell 30.32 percent to $261.36 million.
    Exports fell 33.69 percent to $234.7 million. Imports rose 26.13 percent to $26.66 million.
  • Trade with No. 5 Port of Charleston rose 229.64 percent to $243.03 million.
    Exports rose 238.7 percent to $237.02 million. Imports rose 60.42 percent to $6.01 million.

Morocco ranked No. 63 among the United States’ top trade partners in 2019. In 2018, it ranked No. 64.

Meanwhile, total U.S. trade with the world decreased to $4.14 trillion, down 1.37 percent compared to 2018. The nation’s exports dropped 1.13 percent to $1.65 trillion; imports dropped 1.53 percent to $2.5 trillion. The nation’s top five countries for 2019, by value, were Mexico; Canada; China; Japan and Germany. The overall trade deficit was $853.23 billion, down compared to 2018 when the deficit was $873.19 billion.

The top five U.S. exports to Morocco by value through December 2019 were the categories of Civilian aircraft, parts; Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; Coal, briquettes; and Acyclic hydrocarbons, respectively. They accounted for 67.16 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; Caviar, caviar substitutes, other prepared fish; and Insulated wire, cable –– accounted for 58.76 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 122.2 percent compared to last year to $1.04 billion.
  • Gasoline, other fuels rose 29.33 percent compared to last year to $632.06 million.
  • Petroleum gases, other gaseous hydrocarbons rose 31.43 percent compared to last year to $291.26 million.
  • Coal, briquettes fell 15.76 percent compared to last year to $232.55 million.
  • Acyclic hydrocarbons rose 307.32 percent compared to last year to $144 million.

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

  • Misc. mineral or chemical fertilizers fell 1.95 percent compared to last year to $700.83 million.
  • Oranges, grapefruit, other citrus fell 13.03 percent compared to last year to $69.79 million.
  • Misc. vegetables, not frozen rose 41.03 percent compared to last year to $53.86 million.
  • Caviar, caviar substitutes, other prepared fish fell 11.09 percent compared to last year to $52.59 million.
  • Insulated wire, cable rose 10.15 percent compared to last year to $51.88 million.

In 2018 annual figures available, Morocco recorded $4.51 billion in trade with the United States. Total U.S. exports to Morocco were $2.95 billion and imports from Morocco were $1.57 billion. The U.S. surplus with Morocco was $1.38 billion.