Canada / Morocco

Overview In January 2024, Canada exported C$60.3M and imported C$67.8M from Morocco, resulting in a negative trade balance of C$7.56M. Between January 2023 and January 2024 the exports of Canada have increased by C$9.33M (18.3%) from C$50.9M to C$60.3M, while imports decreased by C$-6.32M (-8.52%) from C$74.2M to C$67.8M.

Trade In January 2024, the top exports of Canada to Morocco were Wheat (C$35.6M), Dried Legumes (C$8.15M), Cars (C$1.58M), Commodities not elsewhere specified (C$1.2M), and Centrifuges (C$766k). In January 2024 the top imports of Canada from Morocco were Citrus (C$38.3M), Mixed Mineral or Chemical Fertilizers (C$17.8M), Other Fruits (C$1.4M), Non-Knit Women's Suits (C$1.37M), and Electrical Control Boards (C$1.19M).

Origins In January 2024 the exports of Canada were mainly from Saskatchewan (C$45.7M), Alberta (C$8.88M), Quebec (C$3.29M), Ontario (C$640k), and Newfoundland Labrador (C$572k), while imports destinations were mainly Ontario (C$21.8M), Quebec (C$20.3M), Manitoba (C$18.4M), Saskatchewan (C$4.68M), and Nova Scotia (C$1.18M).

Growth In January 2024, the increase in Canada's year-by-year exports to Morocco was explained primarily by an increase in product exports in Wheat (C$13.3M or 59.3%), Dried Legumes (C$5.77M or 242%), and Cars (C$1.5M or 1.75k%). In January 2024, the decrease in Canada's year-by-year imports  from Morocco was explained primarily by an decrease in product imports  in Aircraft parts including unmanned craft (C$-747k or -62.3%), Molluscs (C$-453k or -54%), and Processed Fish (C$-236k or -49.4%).