The United States and Morocco signed an FTA on June 15, 2004. The Agreement entered into force on January 1, 2006. The United States-Morocco FTA is a comprehensive agreement that supports the significant economic and political reforms that are underway in Morocco and provides for improved commercial opportunities for U.S. exports to Morocco by reducing and eliminating trade barriers.
Since the entry into force of the FTA, the U.S. goods trade surplus with Morocco has risen to $3.3 billion in 2014, up from $79 million in 2005 (the year prior to entry into force). U.S. goods exports in 2024 were $5.3 billion, up 40 percent from the previous year. Corresponding U.S. imports from Morocco were $1.9 billion. Morocco is now the 46th largest export market for U.S. goods.
The Joint Committee established by the FTA held its eighth meeting of the Joint Committee on July 1, 2024 in Washington, D.C.
