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Morocco

U.S.-Morocco Trade Facts

The United States-Morocco Free Trade Agreement entered into force on January 1, 2006, eliminating duties on more than 95 percent of all goods and services. In addition to key U.S. export sectors gaining immediate duty-free access to the Moroccan market, the Agreement includes commitments by Morocco for increased regulatory transparency and the protection of intellectual property rights.

U.S. goods and services trade with Morocco totaled an estimated $4.9 billion in 2017 (latest data available). Exports were $2.9 billion; imports were $2.1 billion. The U.S. goods and services trade surplus with Morocco was $789 million in 2017.

Morocco is currently our 64th largest goods trading partner with $4.5 billion in total (two way) goods trade during 2018. Goods exports totaled $2.9 billion; goods imports totaled $1.6 billion. The U.S. goods trade surplus with Morocco was $1.4 billion in 2018.

Trade in services with Morocco (exports and imports) totaled an estimated $1.5 billion in 2017 (latest data available). Services exports were $634 million; services imports were $832 million. The U.S. services trade deficit with Morocco was $198 million in 2017 (latest data available).

According to the Department of Commerce, U.S. exports of goods and services to Morocco supported an estimated 12 thousand jobs in 2015 (latest data available) (8 thousand supported by goods exports and 4 thousand supported by services exports).

Exports

  • Morocco was the United States' 54th largest goods export market in 2018.
     
  • U.S. goods exports to Morocco in 2018 were $2.9 billion, up 32.7% ($725 million) from 2017 and up 105.1% from 2008. U.S. exports to Morocco are up 513% from 2005 (pre-FTA).
     
  • The top export categories (2-digit HS) in 2018 were: mineral fuels ($1.1 billion), aircraft ($508 million), food waste, animal feed ($252 million), cereals (corn) ($218 million), and machinery ($140 million).
     
  • U.S. total exports of agricultural products to Morocco totaled $585 million in 2018. Leading domestic export categories include: soybean meal ($205 million), corn ($140 million), wheat ($75 million), distillers grains ($41 million), and tree nuts ($28 million).
     
  • U.S. exports of services to Morocco were an estimated $634 million in 2017, 10.3% ($59 million) more than 2016, and 110% greater than 2007 levels.  Leading services exports from the U.S. to Morocco were in the travel, intellectual property (industrial processes), and maintenance and repair services sectors.

Imports

  • Morocco was the United States' 70th largest supplier of goods imports in 2018.
     
  • U.S. goods imports from Morocco totaled $1.6 billion in 2018, up 27.0% ($333 million) from 2017, and up 78.2% from 2008. U.S. imports from Morocco are up 251% from 2005 (pre-FTA).
     
  • The top import categories (2-digit HS) in 2018 were: fertilizers ($775 million), electrical machinery ($126 million), woven apparel ($103 million), edible fruit & nuts (citrus, dried fruit)  ($92 million), and salt, sulfur, earths, and stone (calcium ) ($66 million).
     
  • U.S. total imports of agricultural products from Morocco totaled $189 million in 2018. Leading categories include: other fresh fruit ($80 million), processed fruit & vegetables ($55 million), other vegetable oils ($21 million), essential oils ($7 million), and tea, including herb ($5 million).
     
  • U.S. imports of services from Morocco were an estimated $832 million in 2017 (latest data available), 32.3% ($203 million) more than 2016, and 194% greater than 2007 levels.  Leading services imports from Morocco to the U.S. were in the travel, transport, and telecommunications, computer, and information services sectors.

Trade Balance

  • The U.S. goods trade surplus with Morocco was $1.4 billion in 2018, a 39.8% increase ($393 million) over 2017.
     
  • The United States has a services trade deficit of an estimated $198 million with Morocco in 2017 (latest data available), up 267% from 2016.

Investment

  • U.S. foreign direct investment (FDI) in Morocco (stock) was $412 million in 2017, a 5.1% decrease from 2016. There is no information on the distribution of U.S. FDI in Morocco.

  • No data on Morocco's FDI in the U.S. are available. There is no information on the distribution of Morocco FDI in the U.S.

  • Sales of services in Morocco by majority U.S.-owned affiliates were $201 million in 2016 (latest data available).