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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 $4.1 billion in 2016 (latest data available). Exports were $2.5 billion; imports were $1.6 billion. The U.S. goods and services trade surplus with Morocco was $856 million in 2016.

Morocco is currently our 68th largest goods trading partner with $3.5 billion in total (two way) goods trade during 2017. Goods exports totaled $2.2 billion; goods imports totaled $1.2 billion. The U.S. goods trade surplus with Morocco was $987 million in 2017.

Trade in services with Morocco totaled an estimated $1.2 billion in 2016 (latest data available). Services exports totaled $569 million; services imports totaled $625 million. The U.S. services trade deficit with Morocco was $56 million in 2016.

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' 56th largest goods export market in 2017.

  • U.S. goods exports to Morocco in 2017 were $2.2 billion, up 14.8% ($287 million) from 2016 and up 71.5% from 2007. U.S. exports to Morocco are up 362% from 2005 (pre-FTA). 

  • The top export categories (2-digit HS) in 2017 were: mineral fuels ($1.0 billion), cereals (corn) ($179 million), aircraft ($133 million), food waste, animal feed ($119 million), and machinery ($101 million).

  • U.S. total exports of agricultural products to Morocco totaled $397 million in 2017. Leading domestic export categories include: corn ($96 million), wheat ($82 million), soybean meal ($62 million), distillers grains ($41 million), and soybean oil ($24 million).

  • U.S. exports of services to Morocco were an estimated $569 million in 2016 9.7% ($61 million) less than 2015.  Leading services exports from the U.S. to Morocco were in the travel, intellectual property (industrial processes), and financial services sectors.

Imports

  • Morocco was the United States' 71st largest supplier of goods imports in 2017.

  • U.S. goods imports from Morocco totaled $1.2 billion in 2017, up 20.7% ($212 million) from 2016, and up 102.1% from 2007. U.S. imports from Morocco are up 177% from 2005 (pre-FTA). 

  • The top import categories (2-digit HS) in 2017 were: fertilizers ($484 million), electrical machinery ($117 million), salt, sulfur, earths, and stone (calcium) ($107 million), woven apparel ($99 million), and edible fruit & nuts (citrus, dried fruit) ($82 million).

  • U.S. total imports of agricultural products from Morocco totaled $155 million in 2017. Leading categories include: other fresh fruit ($71 million), processed fruit & vegetables ($43 million), other vegetable oils ($14 million), essential oils ($4 million), and tea, incl herb ($3 million).
  • U.S. imports of services to Morocco were an estimated $625 million in 2016 1.8% ($11 million) more than 2015.  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 $987 million in 2017, a 8.3% increase ($75 million) over 2016.

  • The United States has a services trade deficit of an estimated $56 million with Morocco in 2016 (latest data available), down 178% from 2015.

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 $152 million in 2015 (latest data available), while sales of services in the United States by majority Morocco-owned firms were $27 million.